Malaysia

Description of Malaysia

Malaysia, a Southeast Asian nation known for its vibrant culture, diverse population, and thriving economy, stands as a shining example of progress and development in the region. With its strategic location along major sea routes, Malaysia has become a key player in global trade and commerce. From the bustling streets of Kuala Lumpur to the pristine beaches of Langkawi, Malaysia offers a blend of modernity and natural beauty that attracts tourists and investors alike. As we delve deeper into the economic landscape and geopolitical significance of Malaysia, we uncover a nation poised for continued growth and success on the world stage.

Population And Age Structure

1. Population, total: Malaysia has a population of 33,199,993. This is below the average population of 40,097,746 in a dataset of 194 countries, ranking Malaysia 45th in terms of population size.

2. Population ages 0-14 (% of total population): The percentage of population aged 0-14 in Malaysia is 23.28%, lower than the average of 27.34% among 194 countries, placing Malaysia at the 112th rank in this demographic category.

3. Population ages 0-14, total: Malaysia's total population aged 0-14 is 7,727,992, which is below the average of 10,327,379. Malaysia ranks 54th out of 194 countries based on this statistic.

4. Population ages 15-64 (% of total population): Malaysia's population aged 15-64 constitutes 69.71% of the total population, higher than the average of 63.44%. This places Malaysia at the 26th rank out of 194 countries in this age group.

5. Population ages 15-64, total: Malaysia has 23,144,110 people aged 15-64. This is lower than the average of 26,003,407. Malaysia is ranked 41st in this demographic category among 194 countries.

6. Population ages 65 and above (% of total population): The percentage of population aged 65 and above in Malaysia is 7.01%, which is below the average of 9.22%. Malaysia ranks 94th out of 194 countries in this age group.

7. Population ages 65 and above, total: The total population in Malaysia aged 65 and above is 2,327,890, below the average of 3,766,959. Malaysia ranks 43rd out of 194 countries based on this demographic statistic.

Summary

Malaysia has a population of 33,199,993, placing it below the global average population size. The country has a lower percentage of young population (ages 0-14) compared to the global average but a higher percentage of working-age population (ages 15-64). Additionally, Malaysia has a lower percentage of elderly population (ages 65 and above). These demographic indicators are crucial as they can impact various aspects of the economy such as labor force dynamics, healthcare needs, and social welfare programs.

Population Miscellaneous

- Malaysia's rural population is 7,582,878, below the average of 18,044,041. Malaysia ranks 69 out of 190 countries in this data set.
- The percentage of rural population in Malaysia is 22.84%, lower than the average of 41.16%. Malaysia ranks 139 out of 190 countries in this metric.
- Malaysia's urban population is 25,617,115, higher than the average of 22,425,747. Malaysia ranks 34 out of 194 countries in urban population.
- The urban population percentage in Malaysia is 77.16%, above the average of 59.69%. Malaysia ranks 56 out of 194 countries in this aspect.
- Malaysia's age dependency ratio is 43.45%, below the average of 59.22%. Malaysia ranks 169 out of 194 countries in this ratio.
- The crude birth rate in Malaysia is 15.417 per 1,000 people, below the average of 19.384. Malaysia ranks 105 out of 192 countries in this rate.
- Malaysia's crude death rate is 5.311 per 1,000 people, lower than the average of 8.214. Malaysia ranks 173 out of 192 countries in this rate.
- The total fertility rate in Malaysia is 1.818 births per woman, lower than the average of 2.603. Malaysia ranks 116 out of 190 countries in this metric.

Summary

Malaysia has a lower rural population compared to the global average, with a higher urban population percentage and lower age dependency ratio. The country also exhibits lower crude birth and death rates, along with a below-average total fertility rate. These indicators are crucial as they reflect Malaysia's demographic composition, urbanization level, and its population's age structure, which are key factors influencing economic development, healthcare needs, and social welfare policies. Understanding these statistics can help policymakers make informed decisions to address the country's evolving demographic challenges and plan for sustainable growth.

Military

Malaysia's military expenditure in current USD is $3,374,583,531.65, which is below the average of $12,904,993,617.17. Malaysia ranks 45th out of 149 countries in this attribute data.

When it comes to military expenditure as a percentage of GDP, Malaysia allocates 1.00% of its GDP, falling below the average of 1.90%. Malaysia holds the 112th rank out of 148 countries in this category.

In terms of arms imports, Malaysia spent $57,000,000, significantly lower than the average of $205,522,123.89. This places Malaysia at the 52nd rank out of 113 countries included in the data.

Malaysia has a total of 136,000 armed forces personnel, lower than the average of 165,908.54 personnel. Malaysia ranks 45th out of 164 countries in this attribute.

Regarding the percentage of armed forces personnel compared to the total labor force, Malaysia's ratio is 0.82%, which is below the average of 1.28%. Malaysia ranks 85th out of 164 countries in this metric.

Summary

Malaysia's military expenditure, as a percentage of GDP, arms imports, number of armed forces personnel, and the ratio of armed forces personnel to the total labor force all fall below the global averages. These statistics indicate that Malaysia prioritizes other sectors over military spending, potentially focusing more on economic development and social welfare programs. This allocation of resources highlights Malaysia's strategic decision-making in balancing defense needs with broader national priorities, contributing to its unique geopolitical positioning in the region.

Natural Resources

Malaysia's forest area covers 191,140.4 sq. km, which is below the average forest area of 211,606.11 sq. km among 191 countries. Malaysia ranks 32nd out of 191 countries in terms of forest area.

The land area of Malaysia is 328,550 sq. km, significantly below the average land area of 665,166.51 sq. km across 194 countries. Malaysia is ranked 65th in land area among 194 countries.

Malaysia's surface area is 330,241 sq. km, lower than the average surface area of 689,779.56 sq. km among 194 countries. Malaysia holds the 67th rank in surface area among the 194 countries.

The arable land in Malaysia spans 826,000 hectares, much less than the average arable land of 7,329,543.16 hectares across 190 countries. Malaysia is ranked 115th out of 190 countries in terms of arable land.

Malaysia has 654,169 hectares of land under cereal production, which is below the average of 4,206,011.63 hectares. Malaysia ranks 93rd out of 174 countries in this category.

The average precipitation in Malaysia is 2,875 mm per year, significantly higher than the average of 1,157.83 mm per year among 178 countries. Malaysia holds the 7th rank in average precipitation depth among the 178 countries.

Malaysia's renewable internal freshwater resources total 580 billion cubic meters, much higher than the average of 240.41 billion cubic meters among 178 countries. Malaysia ranks 15th out of 178 countries in this aspect.

Summary

Malaysia ranks below average in terms of forest area, land area, surface area, arable land, and land under cereal production compared to global averages. However, Malaysia excels in receiving above-average precipitation and possesses abundant renewable internal freshwater resources. These statistics are crucial for understanding Malaysia's environmental landscape and its potential for agricultural development, highlighting areas for conservation efforts and agricultural sustainability initiatives.

Resource Rents

Total natural resources rents (% of GDP): Malaysia's value for this attribute is 4.54%, slightly below the average of 4.63%. Malaysia ranks 57th out of 175 countries included in the data.

Coal rents (% of GDP): Malaysia's coal rents account for 0.01% of its GDP, significantly lower than the average of 0.40%. Malaysia ranks 39th out of 65 countries in this category.

Forest rents (% of GDP): Malaysia's forest rents make up 1.86% of its GDP, which is above the average of 1.53%. Malaysia ranks 39th out of 174 countries for this attribute.

Oil rents (% of GDP): Malaysia's oil rents represent 0.69% of its GDP, notably lower than the average of 2.51%. Malaysia ranks 38th out of 117 countries in this aspect.

Natural gas rents (% of GDP): Malaysia's natural gas rents account for 1.98% of its GDP, higher than the average of 1.25%. Malaysia ranks 16th out of 96 countries included in the data for this attribute.

Summary

Malaysia's natural resources contribute significantly to its GDP, with forest and natural gas rents outperforming global averages. However, the country lags behind in coal and oil rents. This mix of resource dependency can impact Malaysia's economic stability, diversification efforts, and environmental sustainability in the long term.

Commodities

In terms of Cereal production (metric tons), Malaysia's value of 2,424,599.27 is significantly below the attribute average of 17,249,945.93, ranking 86 out of 174 countries in the dataset.

Malaysia's Aquaculture production (metric tons) of 400,017.01 is below the attribute average of 679,642.92, placing Malaysia at a rank of 21 out of 180 countries.

For Capture fisheries production (metric tons), Malaysia's value of 1,391,044.75 exceeds the attribute average of 467,453.06, positioning Malaysia at rank 17 out of 190 countries.

The Total fisheries production (metric tons) in Malaysia stands at 1,791,061.76, surpassing the attribute average of 1,153,914.85, with Malaysia also ranked 17 out of 182 countries.

Looking at Fertilizer consumption (kilograms per hectare of arable land), Malaysia's value of 1,589.85 is notably above the attribute average of 159.04, securing Malaysia a high rank of 2 out of 187 countries in the dataset.

Summary

Malaysia's performance in key macroeconomic indicators shows a mixed picture. While the country lags behind in cereal and aquaculture production compared to global averages, it outperforms in capture fisheries and total fisheries production. Notably, Malaysia excels in fertilizer consumption, far surpassing the average. These indicators are vital as they reflect Malaysia's strengths and weaknesses in key sectors, highlighting areas for potential growth and optimization in the country's economic development strategy.

Intellectual Property

For Industrial design applications by nonresidents, Malaysia's value is 1126, which is below the average of 1415.83. Malaysia ranks 22 out of 112 countries in the dataset.

In terms of Patent applications by residents, Malaysia's value stands at 575, significantly lower than the average of 9799.58. This places Malaysia at rank 38 out of 113 countries in the dataset.

Looking at Patent applications by nonresidents, Malaysia's value of 5839 is above the average of 6538.40. Malaysia holds the 19th position out of 129 countries in the dataset.

For Patent applications by residents, Malaysia's value of 989 falls well below the average of 19037.56. Malaysia's rank is 32 out of 117 countries included in the data.

In the category of Trademark applications by nonresidents, Malaysia's value of 26872 is above the average of 15878.93. The country ranks 20 out of 130 countries.

When it comes to Trademark applications by residents, Malaysia's value of 18415 is notably below the average of 111055.78. Malaysia holds the 38th position out of 129 countries in the dataset.

For Scientific and technical journal articles, Malaysia's value of 21884.84 is higher than the average of 15103.76. Malaysia ranks 21 out of 192 countries included in the data.

In terms of Charges for the use of intellectual property payments, Malaysia's value is $2,388,113,284.51, which is below the average of $3,218,843,494.39. Malaysia ranks 25 out of 143 countries in the dataset.

Regarding Charges for the use of intellectual property receipts, Malaysia's value is $232,448,467.86, significantly lower than the average of $3,191,687,117.58. Malaysia's rank is 35 out of 122 countries.

For Researchers in R&D per million people, Malaysia has a value of 726.46, which is below the average of 2556.45. Malaysia ranks 50 out of 72 countries included in the data.

Summary

Malaysia performs below average in several key macroeconomic indicators related to industrial design, patent applications, trademark applications, scientific journal articles, charges for the use of intellectual property, and researchers in R&D per million people. These indicators are crucial as they reflect Malaysia's innovation, intellectual property utilization, and research capabilities compared to other countries. Addressing the gaps in these areas could enhance Malaysia's competitiveness, encourage innovation, attract foreign investments, and drive economic growth in the long term.

Broad Economy Attributes

Malaysia's GDP is $337.46 billion, ranking 39th out of 189 countries. This is below the average GDP of $442.87 billion.

In terms of GDP, PPP, Malaysia's value of $906.37 billion is above the average of $734.14 billion. Malaysia ranks 30th out of 181 countries.

Malaysia's GDP per capita of $10,164 is below the average of $15,462. Malaysia ranks 65th out of 190 countries in this aspect.

For GDP per capita, PPP, Malaysia's value of $27,300 is above the average of $21,251. Malaysia ranks 53rd out of 181 countries.

Malaysia's GNI of $330.67 billion is below the average of $452.04 billion. Malaysia is ranked 37th out of 185 countries based on GNI.

Regarding GNI, PPP, Malaysia's value is $888.15 billion, above the average of $730.70 billion. Malaysia holds the 30th rank out of 181 countries.

Malaysia's GNI per capita, PPP, is $26,750, which is higher than the average of $20,616. Malaysia ranks 51st out of 181 countries in this category.

Summary

Malaysia generally performs below average in traditional GDP and GNI metrics but exceeds the global average in GDP, PPP, and GNI, PPP measurements. This indicates that Malaysia's economy is more competitive and efficient when considering purchasing power parity. The GDP per capita values suggest that while Malaysia's overall economic output is lower, the income is distributed among its population more favorably compared to the average. These indicators are crucial as they provide insights into Malaysia's economic development, competitiveness, and the standard of living of its citizens.

Broad Value Added

- Gross value added at basic prices (GVA) (current US$): Malaysia's value of $333.71 billion is slightly below the average of $360.07 billion. Malaysia ranks 29th out of 176 countries in this attribute.

- Agriculture, forestry, and fishing, value added (% of GDP): Malaysia's contribution of 8.17% is below the average of 10.86%. Malaysia ranks 86th out of 182 countries in this aspect.

- Agriculture, forestry, and fishing, value added (current US$): Malaysia's value of $27.56 billion is notably above the average of $19.92 billion. It ranks 25th out of 182 countries in this category.

- Services, value added (% of GDP): Malaysia's service contribution of 54.79% is below the average of 56.72%. The country ranks 99th out of 183 countries in this metric.

- Services, value added (current US$): Malaysia's value of $184.89 billion is below the average of $295.84 billion. Malaysia ranks 38th out of 183 countries in this aspect.

- Industry (including construction), value added (current US$): Malaysia's value of $121.26 billion is slightly above the average of $118.42 billion. The country ranks 29th out of 183 countries in this attribute.

Summary

Malaysia's Gross Value Added at basic prices (GVA) is slightly below the global average, ranking 29th out of 176 countries. The country's value added in Agriculture, forestry, and fishing is lower than average as a percentage of GDP but higher in terms of actual USD value, ranking 86th and 25th respectively. In terms of services and industry, Malaysia's contribution to GDP and actual value added both fall below the global averages, ranking 99th and 38th for services, and 29th for industry, out of 183 countries. These indicators are essential as they reflect Malaysia's economic structure, highlighting areas where the country may need to focus on to enhance its economic performance and competitiveness on a global scale.

Manufacturing Value Added

For Manufacturing, value added (current US$), Malaysia's value is $75,023,516,218.22, slightly below the average of $76,207,179,589.66. Malaysia ranks 25th out of 173 countries included in the data.

Manufacturing, value added (% of GDP) in Malaysia is 22.23%, significantly higher than the average of 11.90%. Malaysia ranks 11th out of 173 countries.

Medium and high-tech manufacturing value added (% manufacturing value added) for Malaysia is 44.59%, well above the average of 24.49%. Malaysia ranks 22nd out of 149 countries.

Chemicals (% of value added in manufacturing) in Malaysia stand at 9.07%, below the average of 11.56%. Malaysia ranks 47th out of 89 countries.

Food, beverages, and tobacco (% of value added in manufacturing) attribute for Malaysia is 12.67%, lower than the average of 24.51%. Malaysia ranks 71st out of 92 countries.

Machinery and transport equipment (% of value added in manufacturing) in Malaysia is 32.33%, significantly higher than the average of 16.85%. Malaysia ranks 13th out of 93 countries.

Textiles and clothing (% of value added in manufacturing) attribute in Malaysia is 1.87%, below the average of 6.33%. Malaysia ranks 63rd out of 93 countries.

Other manufacturing (% of value added in manufacturing) for Malaysia is 44.06%, slightly above the average of 42.13%. Malaysia ranks 39th out of 94 countries.

Summary

Malaysia performs above average in several key manufacturing sectors such as high-tech manufacturing, machinery, and transport equipment. However, it lags behind in areas like chemicals and textiles. These findings are crucial as they highlight Malaysia's strengths and weaknesses in its manufacturing sector, providing insight for policymakers to nurture competitive industries and address underperforming sectors to enhance overall economic growth and competitiveness.

Money

Inflation, consumer prices (annual %): Malaysia's inflation rate is -1.14%, which is below the average of 8.26%. Malaysia ranks 156 out of 165 countries in this data set.

Inflation, GDP deflator (annual %): Malaysia's inflation rate based on the GDP deflator is -0.82%, also below the average of 6.90%. It ranks 153 out of 188 countries.

Broad money growth (annual %): Malaysia's broad money growth is 4.59%, below the average of 18.03%. The country ranks 122 out of 139 countries in this regard.

Broad money (% of GDP): Malaysia's broad money as a percentage of GDP is 137.09%, significantly higher than the average of 71.75%. Malaysia is ranked 10 out of 139 countries for this metric.

Broad money to total reserves ratio: Malaysia's ratio is 4.30, slightly below the average of 5.17. The country ranks 36 out of 126 countries in this data set.

Summary

Malaysia demonstrates low inflation rates both in consumer prices and the GDP deflator, indicating price stability. However, the country's broad money growth is below average, suggesting moderate economic expansion. Malaysia's high broad money as a percentage of GDP may imply potential inflationary pressures and higher liquidity in the economy compared to peers, impacting overall economic stability.

Consumption Expenditure

Final consumption expenditure (current US$): In Malaysia, the final consumption expenditure is $249.6 billion, which is below the average of $381.6 billion. Malaysia is ranked 35th out of 159 countries in this attribute.

Final consumption expenditure (% of GDP): Malaysia's final consumption expenditure as a percentage of GDP is 73.97%, lower than the average of 82.37%. Malaysia is ranked 113th out of 159 countries in this attribute.

General government final consumption expenditure (current US$): The general government final consumption expenditure in Malaysia is $43.7 billion, significantly below the average of $93.7 billion. Malaysia is ranked 38th out of 158 countries in this attribute.

General government final consumption expenditure (% of GDP): Malaysia's general government final consumption expenditure as a percentage of GDP is 12.96%, lower than the average of 18.71%. Malaysia is ranked 116th out of 158 countries in this attribute.

Household and NPISHs Final consumption expenditure (current US$): In Malaysia, the household and NPISHs final consumption expenditure is $205.9 billion, below the average of $290.1 billion. Malaysia is ranked 32nd out of 158 countries in this attribute.

Households and NPISHs final consumption expenditure (% of GDP): Malaysia's households and NPISHs final consumption expenditure as a percentage of GDP is 61.01%, slightly below the average of 63.68%. Malaysia is ranked 84th out of 158 countries in this attribute.

Summary

In summary, Malaysia exhibits lower final consumption expenditure figures compared to global averages across various categories such as total, government, and household expenditure. This indicates a potential opportunity for Malaysia to stimulate domestic economic activity through increased spending and investment, which could help boost overall economic growth and development.

Equities

- Listed domestic companies, total: Malaysia has 927 listed domestic companies, which is higher than the average of 636.625. This ranks Malaysia 9th out of 72 countries in the dataset.

- Stocks traded, total value (current US$): Malaysia's total stocks traded value is $248,607,740,000, significantly below the average of $1,379,501,951,820.91. This places Malaysia at the 17th position out of 71 countries.

- Stocks traded, total value (% of GDP): Malaysia's stocks traded value relative to GDP is 73.67%, surpassing the average of 31.65%. Malaysia ranks 12th out of 71 countries in this metric.

- Market capitalization of listed domestic companies (current US$): The current market capitalization in Malaysia is $436,537,870,000, falling short of the average of $1,196,037,851,618.88. Malaysia stands at the 19th position out of 73 countries.

- Market capitalization of listed domestic companies (% of GDP): Malaysia's market capitalization relative to GDP is 129.36%, higher than the average of 71.24%. Malaysia ranks 11th out of 73 countries in this aspect.

- S&P Global Equity Indices (annual % change): Malaysia's S&P Global Equity Indices show an annual % change of 4.18%, outperforming the average of 2.06%. Malaysia is ranked 30th out of 79 countries in this category.

Summary

Malaysia displays a strong presence in the domestic company listings, surpassing the average total listed companies and market capitalization relative to GDP. However, the country falls behind in total stock value traded when compared to the dataset average. Despite this, Malaysia's S&P Global Equity Indices show a promising annual % change, outperforming the average. These indicators are crucial as they reflect the depth and activity of Malaysia's financial markets, showcasing its attractiveness to investors and the strength of its domestic businesses.

Investment

Malaysia's foreign direct investment, net (BoP, current US$) is at -762,778,047.38, ranking 105 out of 169 countries. It is above the attribute average by 852,457,933.13.

For foreign direct investment, net inflows (BoP, current US$), Malaysia performs better with a value of 4,058,769,678.64, ranking 36 out of 182 countries. However, this is below the attribute average by 1,690,501,401.50.

Malaysia's foreign direct investment, net inflows (% of GDP) is 1.20%, ranking 110 out of 178 countries. It is below the attribute average by 1.41%.

In terms of foreign direct investment, net outflows (BoP, current US$), Malaysia records 3,295,991,631.26, ranking 30 out of 156 countries. This figure is below the attribute average by 2,411,999,484.81.

Malaysia's foreign direct investment, net outflows (% of GDP) stands at 0.98%, ranking 32 out of 155 countries. It is slightly below the average by 0.03%.

Portfolio Investment, net (BoP, current US$) for Malaysia is significantly high at 12,033,737,658.13, ranking 17 out of 159 countries. This value is substantially above the attribute average.

However, the country's Portfolio equity, net inflows (BoP, current US$) is -5,637,589,753.24, ranking 116 out of 125 countries. This performance is below the attribute average.

Summary

Overall, Malaysia demonstrates strength in attracting foreign direct investment with notable net inflows, outperforming many countries in terms of net inflows in both absolute and percentage of GDP terms. Its portfolio investment, while significantly high, faces challenges with portfolio equity net inflows ranking lower than many countries. These indicators are crucial as they reflect Malaysia's attractiveness to foreign investors and its ability to channel investments effectively, impacting its economic growth and potential for development.

Broad Trade Attributes

Trade (% of GDP): Malaysia's trade accounts for 116.79% of its GDP, which is above the average of 82.34%. Malaysia ranks 29th out of 163 countries in terms of this ratio.

Merchandise trade (% of GDP): Malaysia's merchandise trade represents 126.13% of its GDP, significantly higher than the average of 60.01%. Malaysia ranks 14th out of 186 countries in this aspect.

Trade in services (% of GDP): Malaysia's trade in services is 16.46% of its GDP, below the average of 24.63%. Malaysia ranks 83rd out of 171 countries for this metric.

External balance on goods and services (current US$): Malaysia's external balance for goods and services stands at $21,488,160,291.87, much higher than the average of $3,405,509,011.13. Malaysia is the 17th highest in this balance out of 163 countries.

External balance on goods and services (% of GDP): Malaysia's external balance as a percentage of GDP is 6.37%, above the average of -5.97%. Malaysia ranks 19th out of 163 countries for this ratio.

Summary

Malaysia demonstrates a strong reliance on trade, with its total trade and merchandise trade far exceeding global averages. The country also maintains a positive external balance on goods and services, significantly higher than average, showcasing its robust economic position. These indicators underscore Malaysia's openness to global markets, competitiveness in trade, and ability to generate surplus from its external transactions, contributing to its economic growth and stability.

Net Trade

Malaysia's current account balance stands at $14,137,954,762.83, ranking 20th out of 170 countries. This value is significantly higher than the attribute average of $1,443,864,831.49.

The current account balance as a percentage of GDP in Malaysia is 4.19%, ranking 30th out of 170 countries. Malaysia exceeds the attribute average by 6.55%.

Malaysia's net trade in goods and services amounts to $21,603,446,738.67, ranking 16th out of 171 countries. The country outperforms the attribute average by $18,998,716,735.11.

Malaysia's net primary income is -$6,810,710,541.04, ranking 148th out of 170 countries. This value is below the attribute average of -$903,807,529.74.

For net secondary income, Malaysia records -$654,781,434.80, placing 137th out of 170 countries. The country falls below the attribute average by -$385,554,094.40.

Malaysia's net trade in goods amounts to $32,828,821,622.16, ranking 14th out of 171 countries. The country surpasses the attribute average by $31,525,990,616.48.

The net capital account for Malaysia is -$100,070,642.04, positioning the country at 143rd out of 159 countries. This value is lower than the attribute average of $136,543,824.05.

In terms of net financial account, Malaysia's value is $13,768,317,631.23, ranking 18th out of 170 countries. Malaysia exceeds the attribute average by $14,238,158,625.86.

Summary

Malaysia demonstrates a strong current account balance, net trade in goods and services, and net trade in goods, positioning the country favorably in global rankings. However, challenges in net primary income and net secondary income highlight areas for potential improvement. These macroeconomic indicators are crucial as they showcase Malaysia's economic health, trade competitiveness, and ability to attract foreign investment, ultimately influencing the country's overall economic stability and growth potential.

Broad Export Attributes

Malaysia's Exports of goods, services and primary income amount to $220.85 billion, which is above the average of $146.24 billion, ranking 28th out of 170 countries.

The country's Exports of goods and services (BoP, current US$) stand at $208.22 billion, surpassing the average of $122.94 billion, ranking 26th out of 170 countries.

Malaysia's Exports of goods and services (current US$) amount to $207.80 billion, above the average of $129.60 billion, ranking 28th out of 163 countries.

With Exports of goods and services (% of GDP) at 61.58%, Malaysia exceeds the average of 38.19%, ranking 22nd out of 163 countries.

The country's Goods exports (BoP, current US$) reach $186.06 billion, well above the average of $93.31 billion, ranking 24th out of 171 countries.

Malaysia's International tourism, receipts (% of total exports) is at 1.63%, below the average of 9.74%, ranking 95th out of 120 countries.

For ICT goods exports (% of total goods exports), Malaysia's value of 34.69% is significantly higher than the average of 3.81%, ranking 3rd out of 142 countries.

Summary

Malaysia demonstrates a robust export sector, consistently surpassing global averages across various categories such as total exports, goods exports, and ICT goods exports. The country's high export performance, especially in ICT goods, signifies its competitive edge in the global market and potential for continued economic growth through trade diversification and value-added exports.

Merchandise Exports

Malaysia's merchandise exports amount to $234.77 billion, ranking 22nd out of 187 countries. This value is significantly above the average of $89.54 billion.

Malaysia's agricultural raw materials exports account for 1.56% of its total merchandise exports, ranking 62nd out of 151 countries. This percentage is below the average of 2.97%.

Food exports make up 10.07% of Malaysia's merchandise exports, placing it 102nd out of 152 countries. This percentage is below the average of 24.06%.

Malaysia's fuel exports represent 11.39% of its merchandise exports, ranking 45th out of 147 countries. This percentage is below the average of 13.70%.

Ores and metals exports account for 3.50% of Malaysia's merchandise exports, placing it 71st out of 152 countries. This percentage is below the average of 9.10%.

Malaysia's residual merchandise exports constitute only 0.02% of its total merchandise exports, ranking 128th out of 166 countries. This value is significantly below the average of 3.20%.

Summary

Malaysia's merchandise exports of $234.77 billion position it well above the global average of $89.54 billion, ranking 22nd globally. However, Malaysia's lower-than-average percentages in agricultural raw materials, food, fuel, ores and metals, and residual merchandise exports indicate a potential overreliance on other sectors of its economy for export revenue.

These findings are important because they suggest that Malaysia may benefit from diversifying its export base to reduce vulnerability to fluctuations in specific sectors. By expanding into new markets or enhancing competitiveness in existing sectors, Malaysia could mitigate risks and strengthen its overall economic resilience.

Technology Exports

1. Manufactures exports (% of merchandise exports): Malaysia's value is 73.13%, which is above the average of 42.62%. This places Malaysia at rank 36 out of 152 countries in the dataset.

2. High-technology exports (current US$): Malaysia's export value is $92,100,009,675, much higher than the average of $16,655,934,078.80. This ranks Malaysia at 8 out of 151 countries.

3. High-technology exports (% of manufactured exports): Malaysia's value stands at 53.81%, well above the average of 10.15%. This places Malaysia at rank 3 out of 150 countries.

4. Medium and high-tech exports (% manufactured exports): Malaysia's value is 65.17%, higher than the average of 34.29%. Malaysia ranks 18 out of 149 countries in this attribute.

Summary

Malaysia demonstrates a strong performance in key macroeconomic indicators related to exports. The country excels in high-technology exports, with values far exceeding global averages, positioning Malaysia among the top-performing nations. This robust export performance signifies Malaysia's competitiveness in advanced technological sectors, indicating a diversified and resilient economy capable of leveraging high-value industries for sustained growth and development.

Service Exports

Service exports (BoP, current US$): Malaysia's service exports amount to USD 22,155,193,218.17, ranking 37th out of 171 countries. This value is below the average service export value of USD 28,917,292,503.82.

ICT service exports (BoP, current US$): Malaysia's ICT service exports of USD 3,178,144,46.83 are lower than the average of USD 4,578,501,153.77, placing Malaysia 33rd out of 166 countries for this attribute.

ICT service exports (% of service exports, BoP): Malaysia's ICT service exports account for 14.34% of its total service exports, which is higher than the average of 11.75%. Malaysia ranks 44th out of 166 countries for this metric.

Communications, computer, etc. (% of service exports, BoP): Malaysia's percentage of service exports in communications, computer, etc. is 66.94%, ranking 34th out of 169 countries. This value is notably higher than the average of 45.85%.

Transport services (% of service exports, BoP): Malaysia's transport services represent 14.83% of its service exports, placing Malaysia at the 96th position out of 169 countries. This value is below the average of 21.80%.

Travel services (% of service exports, BoP): Malaysia's travel services account for 13.50% of its service exports, ranking 108th out of 167 countries. This percentage is lower than the average of 26.40%.

Insurance and financial services (% of service exports, BoP): Malaysia's insurance and financial services make up 4.73% of its service exports, below the average of 6.46%. Malaysia holds the 66th position out of 161 countries in this aspect.

Summary

Malaysia performs moderately in key macroeconomic indicators related to service exports, with its total service exports, ICT service exports, and percentage contribution of ICT service exports above average. However, the country's transport services and travel services as a percentage of total service exports fall below the global average. The notable strength in communications, computer, etc. services indicates a specialized expertise in this area.

These findings are important as they highlight Malaysia's relative competitiveness and specialization in ICT and communications sectors within the global service export market. The lower performance in transport and travel services suggests potential areas for growth and improvement to enhance the diversity and resilience of Malaysia's service export portfolio.

Commercial Service Exports

Malaysia's Commercial service exports amount to $22,076,344,311.85, ranking 37th out of 171 countries in the dataset. This value is below the average of $28,508,218,402.80.

Travel services account for 13.55% of Malaysia's commercial service exports. This places Malaysia at the 110th position out of 167 countries, below the average of 27.89%.

Computer, communications, and other services contribute 66.82% to Malaysia's commercial service exports, ranking 30th out of 169 countries. This value is above the average of 42.44%.

Insurance and financial services make up 4.75% of Malaysia's commercial service exports, placing Malaysia at the 67th position out of 161 countries. This percentage is below the average of 6.97%.

Transport services represent 14.88% of Malaysia's commercial service exports, with Malaysia ranked 100th out of 169 countries. Malaysia's value is below the average of 23.37%.

Summary

Malaysia's commercial service exports show a diverse composition with significant contributions from computer, communications, and other services, while travel services make up a smaller portion. The country performs below average in travel and transport services but excels in computer-related services. Understanding these key indicators is crucial for Malaysia's economic strategy and trade policies, highlighting areas for potential growth and improvement to boost the overall competitiveness of its service sector.

Broad Import Attributes

Malaysia's Imports of goods and services (current US$) amount to $186.31 billion, which is above the average of $126.19 billion. Malaysia ranks 28th out of 163 countries in this attribute.

Imports of goods and services (% of GDP) in Malaysia are 55.21%, higher than the average of 44.15%. Malaysia ranks 38th out of 163 countries in this attribute.

Malaysia's International tourism expenditures (% of total imports) stand at 2.79%, below the average of 3.98%. Malaysia ranks 74th out of 131 countries in this attribute.

ICT goods imports (% total goods imports) in Malaysia are at 26.83%, significantly higher than the average of 6.85%. Malaysia ranks 3rd out of 143 countries in this attribute.

Malaysia's Goods imports (BoP, current US$) amount to $153.23 billion, above the average of $92.01 billion. Malaysia ranks 25th out of 171 countries in this attribute.

Imports of goods and services (BoP, current US$) in Malaysia total $186.61 billion, surpassing the average of $120.32 billion. Malaysia ranks 27th out of 170 countries in this attribute.

Malaysia's Imports of goods, services, and primary income (BoP, current US$) are at $206.06 billion, above the average of $144.51 billion. Malaysia ranks 28th out of 170 countries in this attribute.

Summary

Malaysia demonstrates a strong reliance on imports, with figures consistently above global averages across various key indicators such as imports of goods and services, ICT goods imports, and international tourism expenditures. These indicators suggest that Malaysia has a robust trade ecosystem, marked by significant inflows of goods and services. Such high levels of imports can be indicative of a flourishing domestic consumption base and a connectedness to global markets, potentially positioning Malaysia as a key player in regional and international trade networks.

Merchandise Imports

1. **Merchandise imports (current US$):** Malaysia's merchandise imports amount to $190.86 billion, which is significantly higher than the average of $89.39 billion. This places Malaysia at rank 24 out of 190 countries in the dataset.

2. **Manufactures imports (% of merchandise imports):** Malaysia's manufactures imports account for 68.83% of its total merchandise imports, slightly above the average of 66.76%. Malaysia ranks 65 out of 152 countries in this aspect.

3. **Agricultural raw materials imports (% of merchandise imports):** Malaysia imports 2.09% of agricultural raw materials, surpassing the average of 1.27%. This places Malaysia at rank 20 out of 152 countries.

4. **Food imports (% of merchandise imports):** Malaysia's food imports constitute 8.90% of its merchandise imports, below the average of 15.89%. Malaysia is ranked 126 out of 152 countries in this category.

5. **Fuel imports (% of merchandise imports):** Malaysia's fuel imports represent 11.89% of its merchandise imports, slightly above the average of 11.38%. Malaysia ranks 63 out of 152 countries in this aspect.

6. **Ores and metals imports (% of merchandise imports):** Malaysia's ores and metals imports account for 6.43% of its total merchandise imports, significantly higher than the average of 2.57%. This places Malaysia at rank 12 out of 152 countries.

7. **Merchandise imports by the reporting economy, residual (% of total merchandise imports):** Malaysia's residual merchandise imports are 0.31% of its total imports, below the average of 2.51%. Malaysia is ranked 99 out of 180 countries included in this data.

Summary

Malaysia demonstrates a robust economy with significant merchandise imports amounting to $190.86 billion, ranking 24th out of 190 countries. The country's diverse import structure, especially its high imports of manufactures, agricultural raw materials, ores, and metals, showcases a well-rounded economy with a focus on multiple sectors. Malaysia's below-average food imports percentage indicates potential for domestic production and self-sustainability in the food sector, which is crucial for long-term economic stability and food security.

Service Imports

Service imports (BoP, current US$): Malaysia's service imports amount to $33,380,568,101.66, ranking 30th out of 171 countries. This value is higher than the average service imports of $27,615,356,170.47.

Communications, computer, etc. (% of service imports, BoP): Malaysia allocates 47.74% of its service imports to communications and computer services, ranking 79th out of 169 countries. This percentage is above the average of 44.40%.

Transport services (% of service imports, BoP): Malaysia dedicates 29.41% of its service imports to transport services, ranking 83rd out of 169 countries. This percentage is below the average of 32.90%.

Travel services (% of service imports, BoP): Malaysia spends 14.34% of its service imports on travel services, ranking 65th out of 169 countries. This percentage is slightly above the average of 14.14%.

Insurance and financial services (% of service imports, BoP): Malaysia allocates 8.51% of its service imports to insurance and financial services, ranking 65th out of 169 countries. This percentage is slightly below the average of 8.53%.

Summary

Malaysia's service imports amount to $33.38 billion, ranking 30th globally, higher than the average service imports. The country allocates a significant portion to communications and computer services, above the global average, while dedicating less to transport services, which is below average.

These findings are crucial as they indicate Malaysia's reliance on communication and computer services, which could signify a focus on technology and innovation. However, the lower allocation to transport services might point towards potential challenges in transportation infrastructure development, impacting the country's overall connectivity and trade efficiency.

Commercial Service Imports

Malaysia's commercial service imports amount to $33,155,334,154.78, which is $6,052,588,026.18 above the average amount of $27,102,746,128.60. Malaysia ranks 29th out of 171 countries in this category.

With computer, communications, and other services constituting 47.39% of its commercial service imports, Malaysia is above the average of 41.71%. It holds the 75th position out of 169 countries.

Malaysia's insurance and financial services form 8.56% of its commercial service imports, slightly below the average of 8.85%. The country ranks 70th out of 169 nations.

Transport services make up 29.61% of Malaysia's commercial service imports, which is lower than the average of 34.71%. Malaysia ranks 86th out of 169 countries in this aspect.

In terms of travel services, Malaysia spends 14.44% of its commercial service imports, slightly below the average of 14.73%. Malaysia ranks 66th out of 169 countries for this metric.

Summary

Malaysia's commercial service imports show strengths in computer, communications, and other services, although it falls below the average in insurance, financial services, transport services, and travel services. These statistics are crucial as they indicate Malaysia's reliance on technology-related imports and highlight potential areas for improvement in other service sectors to enhance economic competitiveness and sustainability.

Infrastructure

Malaysia's railways passengers carried amount to 929.34 million passenger-km, which is below the attribute average of 32281.92 million passenger-km, ranking 35th out of 64 countries.

For railways goods transported, Malaysia moves 817.65 million ton-km, significantly below the average of 119231.19 million ton-km, placing 51st out of 62 countries.

Malaysia's air transport for freight totals 816.75 million ton-km, under the average of 1384.37 million ton-km, positioning it at 26th out of 126 countries.

In terms of registered carrier departures worldwide, Malaysia records 167785 departures, surpassing the average of 134365.61 departures, ranking 23rd out of 149 countries.

Malaysia's air transport for passengers stands at 15893988, above the average of 11848242.70 passengers, securing the 22nd position out of 149 countries.

For container port traffic, Malaysia handles 26669483 TEUs, notably exceeding the average of 6907110.27 TEUs, ranking 5th out of 110 countries.

Regarding rail lines, Malaysia operates on 1655 total route-km, well below the average of 12204.74 total route-km, placing 48th out of 66 countries.

Summary

Malaysia's transportation infrastructure shows mixed results in key macroeconomic indicators. While excelling in air transport for passengers and container port traffic, the country lags behind in railways passengers carried, railways goods transported, air transport for freight, registered carrier departures, and rail lines. These findings are crucial as they reflect Malaysia's strengths and weaknesses in facilitating domestic and international trade, impacting its overall connectivity, trade competitiveness, and economic growth.

Information Technology Infrastructure

1. Secure Internet servers: Malaysia has 242,565 secure internet servers, which is below the average of 458,294. Malaysia is ranked 35th out of 193 countries in this attribute.

2. Secure Internet servers (per 1 million people): With 7306.18 secure internet servers per 1 million people, Malaysia falls below the average of 14067.17. The country is ranked 53rd out of 193 countries for this metric.

3. Individuals using the Internet (% of population): Malaysia has 89.56% of its population using the internet, exceeding the average of 64.77%. The country is ranked 35th out of 180 countries in this aspect.

4. Fixed broadband subscriptions: Malaysia boasts 3,358,800 fixed broadband subscriptions, lower than the average of 6,591,956.35. Malaysia ranks 41st out of 185 countries for fixed broadband subscriptions.

5. Mobile cellular subscriptions: Malaysia has 43,723,600 mobile cellular subscriptions, slightly higher than the average of 42,526,463.87. The country is ranked 35th out of 193 countries for mobile cellular subscriptions.

Summary

Malaysia performs below average in terms of secure internet servers and fixed broadband subscriptions but exceeds the average in individuals using the internet and mobile cellular subscriptions. These statistics are important indicators of Malaysia's connectivity infrastructure and digital adoption rate, which can influence its competitiveness, economic growth, and ability to participate in the global digital economy.

Energy Consumption

Malaysia's renewable energy consumption accounts for 5.84% of its total final energy consumption. This value is significantly below the global average of 32.18%. Malaysia ranks 158 out of 191 countries in this category.

Regarding CO2 emissions, Malaysia emitted 245,139.3 kt of CO2. This value is higher than the average CO2 emissions of 171,895.94 kt. Malaysia holds the 23rd rank out of 188 countries in CO2 emissions.

Summary

Malaysia lags behind the global average in renewable energy consumption, accounting for only 5.84% of its total final energy consumption, ranking 158 out of 191 countries. Additionally, Malaysia's CO2 emissions are higher than the global average at 245,139.3 kt, placing it 23rd out of 188 countries in CO2 emissions. These statistics are important as they highlight Malaysia's need to transition towards more sustainable energy sources to reduce its carbon footprint and align with global environmental standards.

Government Balance Sheet

Malaysia's Net acquisition of financial assets (% of GDP) is below the average at -0.0199, ranking 66 out of 87 countries. The Central government debt, total (% of GDP) for Malaysia is also below average at 62.01%, ranking 34 out of 61 countries.

Malaysia's Net incurrence of liabilities, total (% of GDP) is slightly below the average at 6.10%, ranking 52 out of 92 countries. In terms of Reserves and related items (BoP, current US$), Malaysia is significantly below average at -4619186696.93, ranking 158 out of 171 countries.

Malaysia performs well in terms of Total reserves minus gold (current US$), with a value of 105279990229.36, above the average and ranking 18 out of 161 countries. Similarly, Total reserves (includes gold, current US$) for Malaysia amount to 107643865229.36, above the average and ranking at 22 out of 161 countries.

Malaysia's Total reserves in months of imports stands at 6.27, below the average of 7.10, ranking 67 out of 151 countries.

Summary

Malaysia's key macroeconomic indicators show mixed performance. While the country's net acquisition of financial assets and total reserves are below average, its central government debt and net incurrence of liabilities are close to average. Malaysia's strong total reserves minus gold and total reserves including gold indicate healthy foreign exchange reserves. However, the low reserves in months of imports suggest vulnerability to external shocks.

These findings are crucial as they reflect Malaysia's fiscal health, ability to meet its financial obligations, and resilience to economic uncertainties. A high central government debt may signal potential risks to long-term sustainability, while robust foreign exchange reserves enhance confidence in the country's ability to weather economic downturns.

Government Revenue

Malaysia's revenue, excluding grants (% of GDP) is 15.87%, which is below the average of 27.02%. Malaysia ranks 100th out of 122 countries in this attribute.

For grants and other revenue (% of revenue), Malaysia's value is 31.40%, above the average of 23.54%. Malaysia ranks 23rd out of 108 countries in this category.

In terms of taxes on goods and services (% of revenue), Malaysia's value is 19.68%, below the average of 31.82%. Malaysia ranks 103rd out of 122 countries.

Malaysia's taxes on international trade (% of revenue) is 1.37%, below the average of 6.24%. The country ranks 77th out of 101 countries in this aspect.

Malaysia's other taxes (% of revenue) account for 2.32%, slightly above the average of 2.12%. The country ranks 30th out of 106 countries in this regard.

For taxes on income, profits, and capital gains (% of revenue), Malaysia's value stands at 45.22%, well above the average of 24.66%. Malaysia ranks 8th out of 119 countries in this category.

Summary

Malaysia performs below average in revenue generation as a percentage of its GDP, taxes on goods and services, and taxes on international trade. However, the country excels in generating revenue from taxes on income, profits, and capital gains, ranking 8th globally. This indicates a reliance on progressive taxation policies, which can have implications on income distribution, economic equality, and funding for government services and infrastructure development.

Taxes

Malaysia's Tax revenue (% of GDP) is 10.88%, which is below the average of 16.72%. Malaysia ranks 99th out of 123 countries in this attribute.

For Taxes on exports (% of tax revenue), Malaysia's value is 0.48%, well below the average of 2.54%. Malaysia ranks 11th out of 36 countries in this category.

Customs and other import duties (% of tax revenue) in Malaysia stand at 1.52%, significantly lower than the average of 9.01%. Malaysia holds the 83rd position out of 99 countries in this aspect.

Malaysia's Taxes on income, profits and capital gains (% of total taxes) is 65.93%, notably above the average of 38.40%. The country secures the 7th rank out of 120 countries for this attribute.

Regarding Tariff rate, applied, weighted mean, all products (%), Malaysia's value is 3.6%, lower than the average of 5.21%. The country ranks 78th out of 153 nations for this statistic.

Summary

Malaysia demonstrates below-average tax revenue as a percentage of GDP, ranking 99th in comparison to 123 countries. However, the country excels in deriving a higher proportion of total taxes from income, profits, and capital gains, ranking 7th out of 120 nations. The low tariffs on exports and weighted mean applied tariff rate indicate a strategic approach to trade facilitation and attracting foreign investments.

Government Expenses

1. Expense (% of GDP): Malaysia's expense as a percentage of GDP is 18.47%, which is below the average of 31.69%. This places Malaysia at rank 103 out of 123 countries in the dataset.

2. Compensation of employees (% of expense): Malaysia allocates 31.68% of its expenses towards employee compensation, higher than the average of 24.70%. This places Malaysia at rank 40 out of 123 countries.

3. Goods and services expense (% of expense): Malaysia spends 11.19% of its expenses on goods and services, below the average of 14.77%. Malaysia ranks 68 out of 122 countries in this aspect.

4. Interest payments (% of expense): Malaysia's interest payments account for 13.17% of its expenses, which is above the average of 6.85%. Malaysia ranks 15 out of 121 countries.

5. Other expense (% of expense): Malaysia's other expenses make up 2.80% of its total expenses, below the average of 8.29%. Malaysia is ranked 101 out of 120 countries in this category.

6. Subsidies and other transfers (% of expense): Malaysia dedicates 41.17% of its expenses to subsidies and transfers, slightly below the average of 43.29%. This places Malaysia at rank 63 out of 121 countries.

Summary

Malaysia maintains a relatively low expense percentage compared to its GDP, ranking 103 out of 123 countries. The country allocates a higher percentage of its expenses towards employee compensation, goods and services, and interest payments compared to the global average. However, Malaysia's expenses on other items and subsidies/transfers are below average. These indicators shed light on Malaysia's fiscal priorities, resource allocation, and economic policies, reflecting its strategies for economic growth, social welfare, and debt management.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Average precipitation in depth (mm per year)	7/178
Renewable internal freshwater resources, total (billion cubic meters)	15/178
Capture fisheries production (metric tons)	17/190
Total fisheries production (metric tons)	17/182
Fertilizer consumption (kilograms per hectare of arable land)	2/187
Manufacturing, value added (% of GDP)	11/173
Broad money (% of GDP)	10/139
Merchandise trade (% of GDP)	14/186
Net trade in goods and services (BoP, current US$)	16/171
Net trade in goods (BoP, current US$)	14/171
ICT goods exports (% of total goods exports)	3/142
High-technology exports (current US$)	8/151
High-technology exports (% of manufactured exports)	3/150
ICT goods imports (% total goods imports)	3/143
Ores and metals imports (% of merchandise imports)	12/152
Container port traffic (TEU: 20 foot equivalent units)	5/110
Taxes on income, profits and capital gains (% of revenue)	8/119
Taxes on income, profits and capital gains (% of total taxes)	7/120

Ranks in Bottom Decile For:

Attribute	Rank/Total
Death rate, crude (per 1,000 people)	173/192
Inflation, consumer prices (annual %)	156/165
Portfolio equity, net inflows (BoP, current US$)	116/125
Reserves and related items (BoP, current US$)	158/171