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Malaysia Economy
GDP:
purchasing power parity - $207.8 billion (2003 est.)
GDP - real growth rate:
5.2% (2003 est.)
GDP - per capita:
purchasing power parity - $9,000 (2003 est.)
GDP - composition by sector:
agriculture: 7.3%
industry: 33.5%
services: 59.1% (2003 est.)
Investment (gross fixed):
22.2% of GDP (2003)
Population below poverty line:
8% (1998 est.)
Household income or consumption by percentage share:
lowest 10%: 1.4%
highest 10%: 39.2% (2003 est.)
Distribution of family income - Gini index:
49.2 (1997)
Inflation rate (consumer prices):
1.1% (2003 est.)
Labor force:
10.26 million (2003 est.)
Labor force - by occupation:
agriculture 14.5%, industry 36%, services 49.5% (2000 est.)
Unemployment rate:
3.6% (2003 est.)
Budget:
revenues: $22.95 billion
expenditures: $27.75 billion, including capital expenditures of $9.4 billion (2003 est.)
Public debt:
45.5% of GDP (2003)
Industries:
Peninsular Malaysia - rubber and oil palm processing and manufacturing, light manufacturing industry, electronics, tin mining and smelting, logging and processing timber; Sabah - logging, petroleum production; Sarawak - agriculture processing, petroleum production and refining, logging
Industrial production growth rate:
9.3% (2003 est.)
Electricity - production:
75.33 billion kWh (2002)
Electricity - production by source:
fossil fuel: 89.5%
hydro: 10.5%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
68.4 billion kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil - production:
690,000 bbl/day (2003 est.)
Oil - consumption:
460,000 bbl/day (2003 est.)
Oil - exports:
230,200 bbl/day (2003)
Oil - imports:
NA (2003)
Oil - proved reserves:
3.729 billion bbl (1 January 2002)
Natural gas - production:
53.66 billion cu m (2001 est.)
Natural gas - consumption:
31.25 billion cu m (2001 est.)
Natural gas - exports:
22.41 billion cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
2.23 trillion cu m (1 January 2002)
Agriculture - products:
Peninsular Malaysia - rubber, palm oil, cocoa, rice; Sabah - subsistence crops, rubber, timber, coconuts, rice; Sarawak - rubber, pepper; timber
Current account balance:
$13.38 billion (2003)
Exports:
$98.4 billion f.o.b. (2003 est.)
Exports - commodities:
electronic equipment, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals
Exports - partners:
US 19.5%, Singapore 16.1%, China 10.4%, Japan 9.4%, Hong Kong 4.3% (2003 est.)
Imports:
$74.4 billion f.o.b. (2003 est.)
Imports - commodities:
electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals
Imports - partners:
Singapore 25.3%, Japan 12.5%, US 12.1%, China 6.8%, Taiwan 5.4%, South Korea 5.2%, Thailand 4.3%, Germany 4% (2003 est.)
Reserves of foreign exchange & gold:
$44.58 billion (2003)
Debt - external:
$48.84 billion (2003 est.)
Currency:
ringgit (MYR)
Currency code:
MYR
Exchange rates:
ringgits per US dollar - 3.8 (2003), 3.8 (2002), 3.8 (2001), 3.8 (2000), 3.8 (1999)
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