MALAYSIA SELECTED INDICATORS* Avg. '10-19 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 E INCOME AND ECONOMIC GROWTH GDP growth (annual %) 5.4 5.0 4.4 5.8 4.8 4.4 -5.5 3.3 8.9 3.6 4.9 GDP per capita growth (annual %, real) 3.8 3.4 2.9 4.3 3.5 3.1 -6.6 2.2 7.7 2.4 3.8 GDP per capita (US$, nominal) 10365.4 9699.6 9555.7 9979.7 11074.0 11132.1 10164.3 11133.2 12010.2 11650.3 12954.5 Private consumption growth (annual %) 7.1 5.9 5.9 6.9 8.0 7.7 -3.9 1.8 11.3 4.7 5.5 Gross investment ( % of nominal GDP) 24.5 25.9 25.5 25.1 24.2 22.9 20.9 19.3 18.2 19.2 19.0 Gross Investment - Public ( % of nominal GDP) 9.0 9.0 8.6 8.0 7.2 6.2 5.2 4.3 4.0 4.4 4.4 MONEY AND PRICES Inflation, consumer prices (annual %, EOP or MRV)¹ 2.1 2.6 1.7 3.5 0.2 1.0 -1.3 3.3 3.9 1.5 1.9 Inflation, consumer prices (annual %, period average) 2.1 2.1 2.1 3.8 1.0 0.7 -1.1 2.5 3.4 2.5 2.1 Base money (% of GDP) 130.9 133.5 129.0 123.4 125.4 125.9 141.3 135.5 123.8 126.5 133.6 Domestic credit to the private sector (% of GDP)2 117.3 123.1 122.0 117.2 120.3 120.7 133.8 127.2 113.3 117.2 .. 10-year interest rate (annual average)¹ 3.9 4.1 3.8 4.0 4.1 3.7 2.8 3.2 4.1 3.9 3.8 Nominal exchange rate (local currency per USD) 3.6 3.9 4.1 4.3 4.0 4.1 4.2 4.1 4.4 4.6 4.4 Real exchange rate index (2015=100) 104.6 100.0 96.3 94.6 99.6 98.4 96.6 94.5 91.6 89.6 101.6 FISCAL Revenue (% of GDP) 18.6 18.6 17.0 16.1 16.1 17.5 15.9 15.1 16.4 17.3 16.6 Expenditure (% of GDP) 22.3 21.8 20.1 19.0 19.8 20.9 22.0 21.5 22.0 22.3 20.8 Interest payments (% of GDP) 2.0 2.1 2.1 2.0 2.1 2.2 2.4 2.5 2.3 2.5 2.5 Non-interest expenditure (% of GDP) 20.3 19.7 18.0 17.0 17.7 18.7 19.6 19.0 19.7 19.7 18.4 Overall fiscal balance (% of GDP) -3.7 -3.2 -3.1 -2.9 -3.7 -3.4 -6.2 -6.4 -5.5 -5.0 -4.2 Primary fiscal balance (% of GDP) -1.7 -1.1 -1.0 -0.9 -1.6 -1.2 -3.7 -3.9 -3.2 -2.5 -1.8 General government debt (% of GDP) 51.2 53.6 51.9 50.0 51.2 52.4 62.0 63.3 60.2 64.3 64.5 External public debt (% of GDP) 14.4 16.8 16.8 14.8 12.4 13.7 16.2 17.2 14.4 15.4 14.6 cheat EXTERNAL ACCOUNTS Export growth, G&S (nominal US$, annual %) 3.1 -16.1 -3.9 11.1 10.1 -3.1 -12.8 27.1 18.6 -12.5 16.1 Import growth, G&S (nominal US$, annual %) 4.5 -14.4 -2.9 11.2 10.1 -5.0 -11.7 27.2 19.8 -10.6 19.0 Merchandise exports (% of GDP) 61.4 57.9 55.0 58.4 57.3 54.0 55.0 64.9 69.0 57.9 55.1 Merchandise imports (% of GDP) 51.1 48.6 46.8 49.9 49.4 45.8 45.3 53.5 58.5 50.4 38.3 Services, net (% of GDP) -0.9 -1.8 -1.5 -1.7 -1.2 -0.7 -3.3 -4.2 -3.2 -2.4 -13.1 Current account balance (current US$ millions) 14640.5 9001.4 7209.5 8905.2 8003.5 12774.5 14057.6 14524.2 13002.0 6184.0 7956.9 Current account balance (% of GDP) 4.7 3.0 2.4 2.8 2.2 3.5 4.2 3.9 3.2 1.5 1.8 Foreign direct investment, net inflows (% of GDP) -0.4 -0.2 1.1 1.2 0.7 0.4 0.2 2.0 0.7 0.0 1.6 Multilateral debt (% of total external debt)2 .. .. .. .. .. .. .. .. .. .. .. See next page for more indicators MALAYSIA SELECTED INDICATORS* Avg. '10-19 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 E POPULATION, EMPLOYMENT AND POVERTY Population, total (millions) 30.8 31.1 31.5 32.0 32.4 32.8 33.2 33.6 33.9 34.3 34.7 Population growth (annual %) 1.5 1.5 1.5 1.4 1.3 1.2 1.2 1.1 1.1 1.1 1.1 Unemployment Rate 5.4 7.7 7.8 8.0 7.8 7.6 8.9 8.2 9.2 5.1 5.3 Upper middle-income poverty rate ($6.85 in 2017 PPP)³ 6.9 4.8 .. .. 3.4 .. .. 2.3 1.7 1.5 1.4 OTHER GDP (current LCU, millions) 1165892.6 1176941.0 1249698.0 1372310.0 1447760.0 1512738.0 1418491.0 1548700.8 1793903.1 1822904.4 1976775.9 GDP (current US$, millions) 319667.6 301354.8 301255.5 319109.1 358788.9 365177.8 337456.2 373784.8 407605.9 399705.2 449157.8 GDP per capita LCU (real) 37325.9 37881.7 38993.1 40679.8 42092.5 43407.9 40549.7 41427.5 44614.6 45702.2 47418.2 Human development index ranking⁴ 69.3 69 66 67 69 69 65 68 63 .. .. CPIA (overall rating)2 .. .. .. .. .. .. .. .. .. .. .. Economic management2 .. .. .. .. .. .. .. .. .. .. .. Structural policies2 .. .. .. .. .. .. .. .. .. .. .. Policies for social inclusion and equity2 .. .. .. .. .. .. .. .. .. .. .. Public sector management and institutions2 .. .. .. .. .. .. .. .. .. .. .. cheat Notes: ".." indicates not available. E = estimate, F = forecast. Data from MFMOD unless otherwise noted. 1/ Haver Analytics database; MRV = Most recent value. 2/ World Development Indicators Database and World Bank Staff Estimates. 3/ Calculations based on EAPPOV harmonization, using 2014-HIS and 2022-HIS.Projection using annualized elasticity (2013-2021) with pass-through = 0.7 based on private consumption per capita in constant LCU. Actual data: 2021. Nowcast: 2022-2023. Forecasts are fro 4/ The HDI ranking in 2001 is in relation to 175 countries and in 2010 in relation to 169 countries. Methodological enhancements in HDI calculations have resulted in notable improvements in the countries' rankings. Sources: MFMOD Database, World Bank WDI and Haver Analytics databases, IMF.