Malaysia The Land Of Opportunities
WELCOME TO MALAYSIA
SELAMAT DATANG KE MALAYSIA
From a country once dependent on agriculture and primary commodities, Malaysia has today become an export-driven diversified economy spurred on by high technology, knowledge-based and capital-intensive industries. Our mature and integrated ecosystems developed over the decades nurtured a strong local supply chain that supports the long term growth of your business.
330,000 km2
(127,000 m2)
500 industrial estates
Ringgit Malaysia (RM) which
is divided into 100 sen
Population
32.66 million (2021)
Parliamentary democracy
constitutional monarch
Business English is widely used.
The multilingual population is
fluent in Malay, English, Mandarin,
Hindi and Tamil
A country with 13 states and
3 federal territories
Tropical-warm and sunny throughout
the year. Daily temperatures range
from 33°C (90F) during the day to 22°C in the late evening
Freedom of religion guaranteed by
the Constitution. Islam, Buddhism,
Christianity and Hinduism widely
practiced
Heart of South-East Asia
Centre of South-East Asia
Market access of over 650 million people with combined GDP of US$3.2 trillion (ASEANstats, 2021)
Well-connected to major ports in Asia
Reaching Mumbai, India within 6 hours and reaching Beijing, China within 9 hours
The average ASEAN GDP growth is expected to expand by 5.2% in 2022 and 5.3% in 2023
(Asian Development Outlook, 2022)
Next to one of the world’s busiest shipping lanes
Straits of Malacca provides access to global supply chains via 2 key ports.
Malaysia Key Economic Indicators (2021)
USD370.6 billion
Gross Domestic Product (GDP)
USD351.9 (2020)
3.1%
Real GDP Growth
(%)
-5.5% (2020)
USD11,043.4
GNI per capita at current prices
USD10,581.4 (2020)
4.6%
Unemployment rate
4.5% (2020)
USD116.9 billion
International Reserves
USD107.6 billion (2020)
2.5%
Inflation
(%)
-1.2% (2020)
Our Sources
