GFmag Online Readers Survey 2012
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 bankCentral Bank of Malaysia
International ReservesUS$ 130.978 billion (Source: IMF; Data updated: November 2011)
Gross Domestic Product - GDPUS$ 247.781 billion (2010 estimate)
GDP (Purchasing Power Parity)442.01 billion of International dollars (2010 estimate)
Real GDP growth
20002001200220032004200520062007
8.7%0.5%5.4%5.8%6.8%5.3%5.8%6.5%
2008200920102011*
4.7%-1.7%7.2%5.5%

*Estimate

GDP per capita - current pricesUS$ 8,624 (2010 estimate)
GDP per capita - PPP$15,385 International Dollars (2010 estimate)
GDP (PPP) - share of world total
19801990200020102015**
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 November 2010)

Inflation
2008200920102011*
5.4%(2008)0.6%1.7%2.8%

*Estimate

Unemployment rate
2008200920102011*
3.3%3.6%3.3%(2009)3.2%

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
42.7%42.8%55.4%54.2%55.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
-2.6%-3.2%-5.5%-4.6%-5.5%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: A-/Stable/A-2

Moody's rating: A3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
US$325.663 billionUS$187.066 billionUS$255.952 billion
Largest companies in MalaysiaMaybank (Major Banks), CIMB Group Holdings (Regional Banks), Tenaga Nasional (Electric Utilities), Public Bank (Regional Banks), Genting (Casinos & Gaming)
(2011)
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ 28.2 billion (2010 estimate)(After 2008)
Current account balance by percentage of GDP11.4% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

123.1% (2009)

(Data released on December 2010)

Shares in world total merchandising export1.3%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0.89%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$210.3 billion f.o.b. (2010 estimate)
Export commoditieselectronic equipment, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals
Total importsUS$156.2 billion f.o.b. (2008 estimate)
Import commoditieselectronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals
Exports - major partnersUS 15.6%, Singapore 14.6%, Japan 9.1%, China 8.8%, Thailand 5%, Hong Kong 4.6% (2007)
Imports - major partnersJapan 13%, China 12.9%, Singapore 11.5%, US 10.8%, Taiwan 5.7%, Thailand 5.3%, South Korea 4.9%, Germany 4.6%, Indonesia 4.2% (2007)
FDI inflows
200820092010
US$7,172 millionUS$1,430 million(2009)US$9,103 million(2009)
FDI outflows
200820092010
US$14,965 millionUS$7,930 millionUS$13,329 million
Value of cross-border M&A, by country of purchaser
2008200920102011
US$9,751 millionUS$3,277 million(2009)US$2,306 million(2009)US$858 million
Cross-border M&A deals worth over $3 billion completed in 2008

(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 2010

(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 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 21 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 113 out of 183 countries(2009)

Registering property: 60 out of 183 countries

Paying Taxes: 23 out of 183 countries

Getting credit: 1 out of 183 countries

Protecting investors: 4 out of 183 countries

Trading across border: 37 out of 183 countries

Enforcing Contracts: 59 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)
21

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 53 Score: 66.3 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC+8
Total area 329,847 km2 (2006)
CapitalKuala Lumpur (2009)
Currencyringgits (MYR) (2009)
Government typeconstitutional monarchy (2009)
LanguagesBahasa Malaysia (official), English, Chinese (Cantonese, Mandarin, Hokkien, Hakka, Hainan, Foochow), Tamil, Telugu, Malayalam, Panjabi, Thai
ReligionsMuslim 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
1980199020002010*2015**
13.76 million18.1 million23.28 million28.23 million30.72 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
26.6%42%62%71.3%
Population median age25.0 years (2006)
Population growth rate1.7% (2009)
Life expectancy74 years (2007)
Adult literacy92% (2000/2007)
% of population living on less than $2 a day2.27% (2011)
Inequality of wealth distribution (Gini index)

46.2 (2009)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:4 (2010)

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

Total telephone subscribers as % of population

137.42% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population55.3% (Data were released in 2011 and refer to 2010)
Cost of living 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)

7.7095 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

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

WORLD'S BEST INTERNET BANKS

2011:
  • COUNTRY WINNERS / Best Consumer Internet Banks CIMB Group (National, 2011)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks HSBC (National, 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 (2009)
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks OCBC (2009)

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

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

WORLD'S BEST EMERGING MARKET BANKS

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

WORLD'S BEST SUB CUSTODIANS

2011:
  • COUNTRY WINNERS Citi (National, 2011)
2010:
  • COUNTRY WINNERS Citi (National, 2010)
2009:
  • COUNTRY WINNERS Maybank (National, 2009)

CENTRAL BANKER REPORT CARD

2011:
2010:
2009:

WORLD'S BIGGEST BANKS

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

TOP 200 EMERGING MARKETS BANKS

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

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:
  • COUNTRY WINNERS Public Bank (National, 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