We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Malaysia

World Rank 49 3.47 Malaysia flag svg
Capital
Area
Currency
Kuala Lumpur
330,803 km 2
Ringgit (MYR)

Table of Contents

Introduction

Malaysia is a country located in Southeast Asia. Since it is a federal constitutional monarchy, it is divided into thirteen states and three federal territories. Interestingly, the nation is separated by the South China Sea into two regions, known as Peninsular Malaysia and Borneo's East Malaysia. The land coverage of 330,800 is not as large as in the case of its population figures.

Economy

Since Malaysia is considered to be a part of the East Asia and Pacific region, there are plenty of powerful economies around them. However, they can still boast with a very high GDP (PPP factor included) of $946 billion. It gives them 8th place, which is behind Thailand and Philippines but ahead Vietnam and Singapore. As of 2019, the GDP per capita in Malaysia is quite high and it is around $29,600. It is 9th largest GDP per every citizen in the nation in this region.

Population

According to the latest data in 2019 provided by World Bank Data, there are approximately 32.5 million Malaysians in the country. It gives them a density of around 92 people per square kilometer. 

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#38 (2021)
372,980,957,208 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#19 (2021)
26,511,476,359 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#130 (2021)
4.05 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)