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Malaysia – Economic Data

Economic Outlook for 2016

2016 being overall a difficult year for Malaysia due to subdued global trade and weak oil prices, the economy gained steam in the second half of the year. This momentum likely carried over to Q1 2017, as exports, which are worth more than half of GDP, surged to an over four-year high in January due to increased sales of electronics and refined petroleum products. Industrial production grew at relatively modest rate .

Economic Data for the Last 5 Years

2011

2012

2013

2014

2015

Population (million)

29.1

29.5

29.9

30.3

30.8

GDP per capita (USD)

10,282

10,883

10,785

10,737

10,222

GDP (USD bn)

299

316

324

340

298

Economic Growth (GDP, annual variation in %)

5.3

5.5

4.7

6.0

5.0

Consumption (annual variation in %)

6.9

8.4

7.3

7.0

6.0

Investment (annual variation in %)

6.4

19.0

8.2

4.8

3.7

Industrial Production (annual variation in %)

2.4

4.2

3.4

5.1

4.5

Unemployment Rate

3.0

3.0

3.0

3.0

3.3

Fiscal Balance (% of GDP)

-4.7

-4.4

-3.8

-3.4

-3.2

Public Debt (% of GDP)

50.0

51.7

53.0

52.7

54.5

Money (annual variation in %)

14.7

9.7

7.7

7.5

2.9

Inflation Rate (CPI, annual variation in %, eop)

3.0

1.3

3.2

2.7

2.7

Inflation Rate (CPI, annual variation in %)

3.2

1.7

2.1

3.1

2.1

Inflation (PPI, annual variation in %)

12.0

-0.2

-2.4

1.3

-7.5

Policy Interest Rate (%)

3.00

3.00

3.00

3.25

3.25

Stock Market (annual variation in %)

20.7

0.1

7.0

10.8

-1.3

Exchange Rate (vs USD)

3.17

3.06

3.28

3.50

4.29

Exchange Rate (vs USD, aop)

3.06

3.09

3.15

3.27

3.91

Current Account (% of GDP)

10.9

5.2

3.4

4.3

2.9

Current Account Balance (USD bn)

32.6

16.4

11.2

14.5

8.8

Trade Balance (USD billion)

40.5

31.1

22.4

25.1

24.0

Exports (USD billion)

228

228

229

234

200

Imports (USD billion)

187

197

206

209

176

Exports (annual variation in %)

14.4

0.0

0.4

2.4

-14.6

Imports (annual variation in %)

13.5

5.0

4.9

1.4

-15.8

International Reserves (USD)

134

140

135

116

95.3

External Debt (% of GDP)

56.7

62.3

65.6

62.9

65.1

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