Malaysia Economic Data

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Malaysia economic data states that in 2008 fiscal GDP of Malaysia, as per purchasing power parity, was $397.5 billion and GDP, as per official exchange rate, was $214.7 billion. Malaysian economic data has also revealed that in same year real growth rate of Singapore GDP was 5.5 percent.

Economic data of Malaysia for 2008 fiscal states that per capita GDP of Malaysia, with regard to purchasing power parity, was $15,700. Agricultural sector of Malaysia contributed 9.7 percent of national GDP in 2008 and industrial sector came up with 44.6 percent. Maximum contribution of 45.7 percent came from services sector.

Economic data in Malaysia suggests that in 2008 aggregate labor force in Malaysia was 11.2 million. Rate of unemployment for that year was 3.7 percent. In 2008 investments made in Malaysia amounted to 20.7 percent of its gross domestic product.

Economic data at Malaysia reveals that as per official budget of 2008 revenues earned by national government amounted to $44.32 billion and its expenditures were worth $550.1 billion. At that same time public debt of Malaysia amounted to 42.7 percent of its gross domestic product.

As per economic data for Malaysia rate of inflation in Malaysia in 2008 fiscal, with respect to consumer prices was 5.8 percent. Malaysia’s economic data suggests that major agricultural products of Malaysia are rubber, subsistence crops, palm oil, timber, cocoa, coconuts, rice and pepper.

As per information from Malaysia economic data major industrial products in that country are rubber and oil palm processing and manufacturing, timber processing, light manufacturing, petroleum production, electronics, agriculture processing, tin mining and smelting, petroleum production and refining and logging.

It has also been learnt from Malaysia economic data that on an average 753,700 barrels of oil were produced there per day during 2008. At that same period current account balance of Malaysian economy was $27.44 billion.

In 2008, as per Malaysia economic data aggregate value of goods and services exported was $195.7 billion. Its main export items were electronic equipment, rubber, petroleum and liquefied natural gas, textiles, wood and wood products, chemicals and palm oil. Total value of goods and services imported in Malaysia in 2008 was $156.2 billion. It primarily imported electronics, vehicles, machinery, iron and steel products, petroleum products, chemicals and plastics.

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