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Malaysia - Trade & Marketing Information
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ALIGN="RIGHT" SRC="/cgtd/global/asia/malaysia.gif"> Malaysia - key economic data 


Economy Overview:

    The Malaysian economy, a mixture of private enterprise and a soundly managed
    public sector, has posted a remarkable record of 9% average annual growth in
    1988-94. The official growth target for 1995 is 8.5%. This growth has
    resulted in a substantial reduction in poverty and a marked rise in real
    wages. Manufactured goods exports expanded rapidly, and foreign investors
    continued to commit large sums in the economy. The government is aware of
    the inflationary potential of this rapid development and is closely
    monitoring fiscal and monetary policies.


National product:
    GDP - purchasing power parity - $166.8 billion (1994 est.)
National product real growth rate:
    8.7% (1994)
National product per capita:
    $8,650 (1994 est.)
Inflation rate (consumer prices):
    3.7% (1994)
Unemployment rate:
    2.9% (1994)
Budget:
  revenues:
    $18.7 billion
  expenditures:
    $19.1 billion, including capital expenditures of $4.8 billion (1994)



Industrial production:

    growth rate 12% (1994); accounts for 38% of GDP (1993 est.)
Electricity:
  capacity:
    6,700,000 kW
  production:
    31 billion kWh
  consumption per capita:
    1,528 kWh (1993)



Economic Activity


Industries:

  Peninsular Malaysia:
    rubber and oil palm processing and manufacturing, light manufacturing
    industry, electronics, tin mining and smelting, logging and processing
    timber
  Sabah:
    logging, petroleum production
  Sarawak:
    agriculture processing, petroleum production and refining, logging



Agriculture:
    accounts for 16% of GDP (1993 est.)
  Peninsular Malaysia:
    natural rubber, palm oil, rice
  Sabah:
    mainly subsistence, but also rubber, timber, coconut, rice
  Sarawak:
    rubber, timber, pepper; deficit of rice in all areas
Malaysia - key foreign trade data 




Exports:

    $56.6 billion (f.o.b., 1994)
  Commodities:
    electronic equipment, petroleum and petroleum products, palm oil, wood and
    wood products, rubber, textiles
   Major Trade Partners::
    Singapore 22%, US 20%, Japan 13%, UK 4%, Germany 4%, Thailand 4% (1993)



Imports:

    $55.2 billion (c.i.f., 1994)
  Commodities:
    machinery and equipment, chemicals, food, petroleum products
   Major Trade Partners::
    Japan 27%, US 17%, Singapore 15%, Taiwan 5%, Germany 4%, UK 3%, South Korea
    3% (1993)
External debt:
    $35.5 billion (1994 est.)
Malaysia - Trade, Industry & Marketing information

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