Malaysia


Malaysia Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Malaysia; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Central Bank of Malaysia
International Reserves US$ 133.572 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 305.826 billion (2011 estimate)
GDP (Purchasing Power Parity) 472.942 billion of International dollars (2011 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
0.5% 5.4% 5.8% 6.8% 5.3% 5.8% 6.5% 4.8%
2009 2010 2011 2012*
-1.6% 7.2% 5.1% 4.4%

*Estimate

GDP per capita - current prices US$ 10,467 (2010 estimate)
GDP per capita - PPP $16,186 International Dollars (2010 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.29% 0.38% 0.51% 0.56% 0.58%

**Forecast

GDP - composition by sector
  • agriculture: 10.2% 
  • industry: 42.1% 
  • services: 47.8% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
0.6%(2008) 1.7% 3.2% 2.7%

*Estimate

Unemployment rate
2009 2010 2011 2012*
3.7% 3.4% 3.2%(2009) 3.1%

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
42.8% 55.4% 52.9% 52.6% 53.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-3.2% -5.3% -3.7% -5.1% -4.3%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: A-

Moody's rating: A3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$256 billion US$410.5 billion US$414 billion
Largest companies in Malaysia Genting (Casinos & Gaming), Axiata Group (Communications Equipment), Sime Darby (Conglomerates), YTL (Diversified Utilities), Tenaga Nasional (Electric Utilities),IOI Group (Food Processing), Kuala Lumpur Kepong (Food Processing), Hong Leong Financial Group (Investment services), Maybank (Major Banks), Petronas Gas (Natural Gas Utilities), Petronas Dagangan (Oil & Gas Operations), MISC (Other Transportation), CIMB Group Holdings (Regional Banks), Public Bank (Regional Banks), RHB Capital (Regional Banks), AMMB Holdings (Regional Banks), Petronas Chemicals (Specialized Chemicals), Maxis (Telecommunications services) (2012)
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ 33.1 billion (2011 estimate)(After 2008)
Current account balance by percentage of GDP 10.8% of GDP (2011 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

97.3% (2010)

(Data released on April 2012)

Shares in world total merchandising export 1.24%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.84% (2011)(2007)

(Data were released in 2012)

Total exports US$247 billion (2012 estimate) 
Export commodities semiconductors and electronic equipment, palm oil, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals, solar panels
Total imports US$202.4 billion (2012 estimate) 
Import commodities electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals
Exports - major partners China 17.9%, Singapore 12.8%, Japan 10.6%, US 8.6%, Thailand 4.4%, Hong Kong 4.1% (2010 estimate)
Imports - major partners Singapore 20.5%, China 13.7%, Japan 10%, US 7.9%, Thailand 6%, Indonesia 5.6% (2010 estimate)
FDI inflows
2009 2010 2011
US$1,453 million US$9,103 million(2009) US$11,966 million(2009)
FDI outflows
2009 2010 2011
US$7,784 million US$13,329 million US$15,258 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
US$9,751 million US$3,277 million(2009) US$2,432 million(2009) US$3,909 million
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 12 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 54 out of 185 countries(2009)

Enforcing Contracts: 33 out of 185 countries

Registering Property: 33 out of 185 countries

Getting credit: 1 out of 185 countries

Protecting investors: 4 out of 185 countries

Trading across border: 11 out of 185 countries

Paying Taxes: 15 out of 185 countries

Dealing with Construction Permits: 96 out of 185 countries

Getting Electricity: 28 out of 185 countries

Resolving Insolvency: 49 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
25

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 53 Score: 66.4 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+8
Total area 329,847 km2 (2006)
Capital Kuala Lumpur (2009)
Currency ringgits (MYR) (2009)
Government type constitutional monarchy (2009)
Languages Bahasa Malaysia (official), English, Chinese (Cantonese, Mandarin, Hokkien, Hakka, Hainan, Foochow), Tamil, Telugu, Malayalam, Panjabi, Thai
Religions Muslim 60.4%, Buddhist 19.2%, Christian 9.1%, Hindu 6.3%, Confucianism, Taoism, other traditional Chinese religions 2.6%, other or unknown 1.5%, none 0.8% (2000 census)
Total population
1980 1990 2000 2012* 2017**
13.76 million 18.1 million 23.28 million 29.04 million 31.59 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
26.6% 42% 62% 72.7%
Population median age 26 years (2010)
Population growth rate 1.6% (2011)
Life expectancy 74 years (2010)
Adult literacy 92% (2005/2010)
% of population living on less than $2 a day 2.27% (2011)
Inequality of wealth distribution (Gini index)

46.21 (2009)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:4 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

141.74% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 61% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Kuala Lumpur: 104th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

7.0967 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2013:
  • COUNTRY WINNERS Maybank (National, 2013)
2012:
  • COUNTRY WINNERS Maybank (Latin America, 2012)
2011:
  • COUNTRY WINNERS Maybank (National, 2011)
2010:
  • COUNTRY WINNERS Maybank (National, 2010)
2009:
  • COUNTRY WINNERS Maybank (2009)

WORLD'S BEST INTERNET BANKS

2012:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (Global, 2012)
  • COUNTRY WINNERS / Best Consumer Internet Banks CIMB Group (Global, 2012)
  • REGIONAL SUB-CATEGORY WINNERS / Best Consumer Internet Banks / Best in Social Media CIMB Bank (Global, 2012)
  • GLOBAL SUB-CATEGORY WINNERS / Best Consumer Internet Banks / Best in Social Media CIMB (Global, 2012)
2011:
  • COUNTRY WINNERS / Best Consumer Internet Banks CIMB Group (National, 2011)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks HSBC (2011)
2010:
  • COUNTRY WINNERS / Best Consumer Internet Banks Standard Chartered (National, 2010)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Standard Chartered (National, 2010)
2009:
  • COUNTRY WINNERS / Best Consumer Internet Banks Citi (Latin America, 2009)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks OCBC (National, 2009)

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2012:
  • OVERALL WINNERS / Best Sukuk Bank Maybank (National, 2012)
  • OVERALL WINNERS / Best Takaful (Insurance) Provider Etiqa Takaful Berhad (National, 2012)
  • OVERALL WINNERS / Best Asset Management Company CIMB Principal Islamic Asset Management (National, 2012)
  • OVERALL WINNERS / Islamic Finance Deal of the Year Wakala Global Sukuk Bhd, $2 billion Sukuk trust certificates (National, 2012)
  • COUNTRY WINNERS Maybank Islamic Berhad (Agustin Carstens, 2012)
2011:
  • REGIONAL WINNERS CIMB Islamic (National, 2011)
  • COUNTRY WINNERS CIMB Islamic Bank (Guillermo Ortiz, 2011)
  • OVERALL WINNERS / Best Sukuk Bank CIMB Islamic (National, 2011)
  • OVERALL WINNERS / Best Asset Management Company CIMB-Principal Islamic Asset Management (Latin America, 2011)
2010:
  • REGIONAL WINNERS CIMB Islamic Bank (National, 2010)
  • OVERALL WINNERS / Best Takaful Provider Takaful Ikhlas (Global, 2010)
  • COUNTRY WINNERS CIMB Islamic Bank (National, 2010)
  • OVERALL WINNERS / Best Sukuk Bank CIMB Islamic (National, 2010)
  • OVERALL WINNERS / Best Asset Management Company CIMB-Principal Islamic Asset Management (National, 2010)
2009:
  • REGIONAL WINNERS CIMB Islamic Bank (National, 2009)
  • COUNTRY WINNERS CIMB Islamic Bank (2009)

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Hong Leong Bank (Latin America, 2012)
2011:
  • COUNTRY WINNERS Maybank (National, 2011)
2010:
  • COUNTRY WINNERS Public Bank Berhad (National, 2010)
2009:
  • COUNTRY WINNERS Public Bank Berhad (Global, 2009)

WORLD'S BEST SUB CUSTODIANS

2012:
  • COUNTRY WINNERS Citi (Global, 2012)
2011:
  • COUNTRY WINNERS Citi (National, 2011)
2010:
  • COUNTRY WINNERS Citi (National, 2010)
2009:
  • COUNTRY WINNERS Maybank (Latin America, 2009)

WORLD'S BEST INVESTMENT BANKS

2013:
  • COUNTRY WINNERS CIMB (National, 2013)

CENTRAL BANKER REPORT CARD

2012:
2011:
2010:
2009:

WORLD'S BIGGEST BANKS

2011:
  • OVERALL BIGGEST Malayan Banking Berhad (National, 2011)
  • OVERALL BIGGEST CIMB Berhad (National, 2011)

TOP 200 EMERGING MARKETS BANKS

2010:
  • OVERALL BIGGEST Malayan Banking Berhad (Global, 2010)
  • OVERALL BIGGEST Public Bank (National, 2010)
  • OVERALL BIGGEST CIMB Bank (National, 2010)
  • OVERALL BIGGEST RHB Bank (National, 2010)
  • OVERALL BIGGEST AmBank (M) (2010)
  • OVERALL BIGGEST Hong Leong Bank (Jean-Claude Trichet, 2010)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2013:
  • COUNTRY WINNERS Maybank (Latin America, 2013)
2012:
  • COUNTRY WINNERS Public Bank (Latin America, 2012)
2011:
  • COUNTRY WINNERS Public Bank (National, 2011)
2010:
  • COUNTRY WINNERS HSBC Malaysia (National, 2010)
2009:
  • COUNTRY WINNERS Maybank (National, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE