Economic Trivia

The oil and gas sector supplies about 35% of government revenue.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): China, Singapore, and United States
Top 3 Exported Goods (2021): Electrical Machinery, Oil & Mineral Fuels, and Industrial Machinery

Top Industries Source: CIA World Factbook

Rubber and Oil Palm Processing and Manufacturing; Petroleum and Natural Gas; Light Manufacturing; Pharmaceuticals

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $1,134,677,496,093 (2022)
GDP Growth Rate (annual %) 8.694% (2022)
GDP Per Capita, PPP (current international) $33,434 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 30/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.379% (2022)
External debt stocks, total (DOD, current US$) $200,364,305,000 (2016)
Total tax rate (% of commercial profits) 38.7% (2019)
Real Interest Rate (5 year average %) -2.255% (2022)
Manufacturing, value added (% of GDP) 23.457% (2022)
Current Account Balance (BoP, current US$) $10,487,237,932 (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 17,309,921 (2022)
Employment in Agriculture (% of total employment) 9.649% (2021)
Employment in Industry (% of total employment) 28.257% (2021)
Employment in Services (% of total employment) 62.094% (2021)
Unemployment Rate 3.73% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $271,856,097,032 (2022)
Exports of goods and services (current US$) $300,001,402,698 (2022)
Total Merchandise Trade (% of GDP) 159.223% (2022)
FDI, net inflows (BoP, current US$) $14,725,970,432 (2022)
Commercial Service Exports (current US$) $31,294,323,519 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Malaysia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank