Malaysia | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 1.50 1 1.1 1 0.9 1.5 percent [+]
Unemployment Rate 3.50 3.7 3.8 3.8 3.7 4 percent [+]
Inflation Rate 1.40 1.8 2.9 2.7 2.9 3.5 percent [+]
Interest Rate 3.00 3 3 3 3 3.5 percent [+]
Balance of Trade 7600.00 9395 12966 5495 12389 5171 MYR Million [+]
Government Debt to GDP 54.00 56 54 54 54 59 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 4.44 4.43 4.48 4.52 4.57 5.27 [+]
Stock Market 1628.96 1610 1590 1580 1560 1300 points [+]
Government Bond 10Y 4.38 4.22 4.26 4.31 4.35 5.02 percent [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 1.50 1 1.1 1 0.9 1.5 percent [+]
GDP Annual Growth Rate 4.30 4.1 4 3.9 4 3.5 percent [+]
GDP 296.22 311 326 326 326 370 USD Billion [+]
GDP Constant Prices 281083.00 286000 275000 282000 288000 321000 MYR Million [+]
Gross National Product 273.10 282 272 279 283 353 MYR Billion [+]
Gross Fixed Capital Formation 69860.00 69300 69200 77200 72100 84000 MYR Million [+]
GDP per capita 10876.73 11042 11493 11493 11493 12156 USD [+]
GDP per capita PPP 25308.02 25972 26243 26514 26785 30206 USD [+]
GDP From Agriculture 25069.00 23000 19800 21900 26000 25100 MYR Million [+]
GDP From Construction 13062.00 13200 13700 12500 14300 18600 MYR Million [+]
GDP From Manufacturing 63724.00 66300 63000 66500 68000 77300 MYR Million [+]
GDP From Mining 23155.00 25000 25300 24800 23700 31100 MYR Million [+]
GDP From Services 152442.00 158000 151000 154000 158000 191000 MYR Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 3.50 3.7 3.8 3.8 3.7 4 percent [+]
Employed Persons 14249.60 14472 14571 14591 14298 15500 Thousand [+]
Unemployed Persons 513.00 512 510 512 500 540 Thousand [+]
Labor Force Participation Rate 67.60 67.7 67.8 67.8 67.7 67.9 percent [+]
Job Vacancies 292060.00 117994 223239 181144 200451 327000 [+]
Minimum Wages 1000.00 1000 1120 1120 1120 1300 MYR/Month [+]
Wages in Manufacturing 3251.80 3380 3300 3410 3370 3930 MYR/Month [+]
Population 31.20 31.74 31.86 31.99 32.11 33.82 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Wages 2231.00 2400 2470 2470 2470 2840 MYR/Monthly [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 1.40 1.8 2.9 2.7 2.9 3.5 percent [+]
Consumer Price Index CPI 115.70 117 117 118 119 135 Index Points [+]
GDP Deflator 111.00 111 112 114 114 123 Index Points [+]
Producer Prices 102.70 102 103 104 104 110 Index Points [+]
Import Prices 109.20 108 107 108 108 110 Index Points [+]
Food Inflation 2.50 4.1 4.5 4.7 4.9 2.54 percent [+]
Producer Prices Change 0.10 0.9 1.3 1.9 2.3 2.8 percent [+]
Core Inflation Rate 2.00 1.95 1.97 1.99 2 2 percent [+]
Export Prices 105.20 105 102 104 106 108 Index Points [+]
Cpi Transportation 104.00 102 103 104 104 115 Index Points [+]
Inflation Rate Mom 0.30 0.2 0.1 0.4 0.3 0 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 3.00 3 3 3 3 3.5 percent [+]
Interbank Rate 3.41 3.4 3.4 3.5 3.5 4 percent [+]
Money Supply M0 82581.46 84007 85511 87048 88617 112163 MYR Million [+]
Money Supply M1 360877.09 364616 371103 377727 384484 484691 MYR Million [+]
Money Supply M2 1618137.89 1660000 1680000 1700000 1740000 2050000 MYR Million [+]
Money Supply M3 16265.00 1468177 1377206 1322707 1291024 1313096 MYR Million [+]
Foreign Exchange Reserves 98283.35 97800 98000 98500 99200 106000 USD Million [+]
Banks Balance Sheet 2333019.02 2347492 2376335 2405387 2434655 2838304 MYR Million [+]
Loans to Private Sector 1616609.59 1641356 1666009 1690433 1714642 2012688 MYR Million [+]
Deposit Interest Rate 3.10 3.06 3.05 3.04 3.03 2.98 percent [+]
Cash Reserve Ratio 3.50 3.5 3.5 3.5 3 3.5 percent [+]
Central Bank Balance Sheet 424230.82 410000 419000 412000 417850 512000 MYR Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade 7600.00 9395 12966 5495 12389 5171 MYR Million [+]
Exports 68032.30 67844 66252 65108 70795 75243 MYR Million [+]
Imports 60500.00 59450 54286 63613 65405 70071 MYR Million [+]
Current Account 5998.00 4658 6742 5110 6178 13200 MYR Million [+]
Current Account to GDP 3.00 2.7 3.2 3.2 3.2 3.7 percent [+]
External Debt 865283.00 879208 890188 902189 913988 1045345 MYR Million [+]
Terms of Trade 96.30 99 99.8 98.5 99.9 107 Index Points [+]
Tourism Revenues 69119.60 72200 72200 72200 72200 78300 MYR Million [+]
Tourist Arrivals 2282173.00 2750000 2510000 2510000 2170117 3010000 [+]
Gold Reserves 36.39 38.9 40 40 36.26 44.5 Tonnes [+]
Crude Oil Production 668.00 675 680 660 670 667 BBL/D/1K [+]
Terrorism Index 2.69 3.68 3.68 3.68 1.73 3.57 [+]
Capital Flows -6317.26 -6056 -5272 -4282 -7911 -9752 MYR Million [+]
Foreign Direct Investment 6545.00 11800 11200 7900 6200 15900 MYR Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 54.00 56 54 54 54 59 percent [+]
Government Budget -3.20 -3.9 -4.2 -4.2 -4.3 -3.3 percent of GDP [+]
Government Budget Value -4578.80 -6884 -10822 -7995 -6653 2800 MYR Million [+]
Government Spending 34463.00 47100 33700 36700 36000 53700 MYR Million [+]
Government Revenues 47498.20 51554 46842 45123 46577 66000 MYR Million [+]
Fiscal Expenditure 52076.90 58438 57664 53118 53231 63200 MYR Million [+]
Military Expenditure 5300.10 5552 5830 5894 5830 6091 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Business Confidence 83.90 78 82 90 95 108 [+]
Industrial Production 3.20 5.5 3.4 4.1 4.2 4.4 percent [+]
Industrial Production Mom -0.10 2 -0.7 0.8 1.2 1.1 percent [+]
Manufacturing Production 4.00 3.3 4.8 5.2 3.9 5.1 percent [+]
Capacity Utilization 80.00 81.7 82.7 82.7 83 85.8 percent [+]
Changes in Inventories -1584.00 -1650 1450 1850 -400 -4610 MYR Million [+]
Bankruptcies 1668.00 1579 1929 1699 1710 1850 Companies [+]
Car Production 38831.00 36800 44800 43200 41500 52800 Units [+]
Car Registrations 99589.00 106700 97700 102540 94785 146000 Cars [+]
Leading Economic Index -0.10 -0.1 0.3 -0.9 0.7 0.9 percent [+]
Manufacturing Pmi 47.10 48.7 48.3 48.8 49.4 51.84 [+]
Mining Production -0.10 -2.5 -3.1 1.5 2.2 3.1 percent [+]
Cement Production 1625.00 1690 1715 1740 1800 2100 Thousands of Tonnes [+]
Coincident Index 126.80 126 127 128 129 138 Index Points [+]
Competitiveness Index 5.16 5.34 5.39 5.39 5.39 5.55 Points [+]
Competitiveness Rank 25.00 17 15 15 15 12 [+]
Ease of Doing Business 23.00 18 18 18 20.09 19 [+]
Corruption Index 50.00 56 58 58 58 65 Points [+]
Corruption Rank 54.00 45 43 43 55.6 39 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Confidence 73.60 69 68 74 82 103 [+]
Consumer Spending 153609.00 148399 150108 152323 158780 179000 MYR Million [+]
Bank Lending Rate 4.55 4.6 4.6 4.6 4.7 4.9 percent [+]
Retail Sales Mom 1.40 3.9 1.8 1.3 1.2 2.7 percent [+]
Retail Sales Yoy 9.20 7.9 8 9.1 7 6.9 percent [+]
Gasoline Prices 0.43 0.41 0.41 0.4 0.41 0.37 USD/Liter [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Housing Index 5.30 5.1 5.2 4.9 4.2 7.7 percent [+]
Construction Output 10.70 10.8 11.3 10.9 11 13 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 24.00 25 25 25 24 24 percent [+]
Personal Income Tax Rate 28.00 26 26 26 28 26 percent [+]
Sales Tax Rate 6.00 6 6 6 6 6 percent [+]
Social Security Rate 24.00 24 24 24 24 24 percent [+]
Social Security Rate For Companies 13.00 13 13 13 13 13 percent [+]
Social Security Rate For Employees 11.00 11 11 11 11 11 percent [+]





Economic Forecasts for Malaysia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Malaysia economy. 12/3/2016