Malaysia - Fast Facts

By: EconomyWatch   Date: 30 June 2010

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Malaysia is an Upper Middle income economies coming under the East Asia and Pacific region as to the classification made by the World Bank on the basis of income and region for the year 2006.

The Malaysian Economy has a followed a free and open system in the recent years. Abundance of natural resources deposits has a made the country one among the top economies over the world. Services sector contributes a larger portion of the GDP followed by the Industries.

Major agricultural products in the country are coconut, vegetables, coffee, tea and cocoa. Important industries in the country are tobacco, wood products, textiles, electric goods, and construction goods. The petroleum industry has also experienced a better pace recently.

Malaysia Economy

 


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