Malaysia Economy comes under East Asia
and the pacific region, according to the
classification of economies by region and income
for the year 2005 by World Bank.
In the World Bank parlance, it is an upper
middle-income country with GNI per capita reaching
3,780. Malaysia Economy is modestly
populated and endowed with abundant natural
resources. This country is the largest producer of
rubber, palm oil and tin, and have began recently
to exploit plentiful reserves of oil and timber.
Malaysia Economy:
Demography And Social Indicators
According to the department of Statistics
Malaysia, the total population has reached at
26.38 million in the fourth quarter of 2005.The
annual growth rate of population in Malaysia is
falling. The annual growth rate was at 2.4 percent
in 2000, 1.9 percent in 2003 and further fell to
1.7 percent in 2004. The life expectancy (years)
in the year 2003 was at 73. The infant mortality
rate (per one thousand life births) was 7 in the
year 2003.
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The density of population per square kilometer
was at 75 in 2003. The annual average growth
(1998-2004) rate of labor force was at 2.4
percent.
Malaysia Economy: Economic
Indicators
The Malaysia Economy had expanded
strongly in the year 2004. A moderate growth was
being marked in the year 2005 and 2006. The real
growth was increased by 7.1% in 2004 from a
relatively lower rate of 5.3% in 2003.Following a
robust growth in first of 2004 averaging 8
percent, the pace of economic activity slowed in
the third quarter to 6.7 percent.
In the year 2004 GNI (atlas method) was at $
117.1 billion (In current US). GNI percapita was
at $ 4650.0 (Current US). The following diagram
shows the absolute value of Gross domestic product
in different years.
Further Resources
Malaysia Suppliers Trade Directory offering a huge range of Malaysian Batik, Malaysian Palm Oil, Malaysian Rubber, Malaysian Tires, Malaysian Jewelry, Malaysian Clothing Products, Suppliers, Buyers and Wholesalers.
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