Malaysia | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 1.40 1.2 1 0.9 0.7 1.5 percent [+]
Unemployment Rate 3.50 3.6 3.5 3.6 3.8 4.1 percent [+]
Inflation Rate 3.20 4.1 3.7 3.6 3.2 4.1 percent [+]
Interest Rate 3.00 3 3 3 3 3.5 percent [+]
Balance of Trade 8720.00 12966 5495 12389 8300 5171 MYR Million [+]
Government Debt to GDP 53.20 54 54 54 54 53 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 4.44 4.57 4.61 4.66 4.7 5.38 [+]
Stock Market 1698.35 1600 1580 1570 1550 1300 points [+]
Government Bond 10Y 4.05 4.34 4.38 4.42 3.94 5.1 percent [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 1.40 1.2 1 0.9 0.7 1.5 percent [+]
GDP Annual Growth Rate 4.50 4.6 4.7 4.5 4.3 3.7 percent [+]
GDP 296.28 326 326 326 326 370 USD Billion [+]
GDP Constant Prices 290565.00 295000 292000 308000 319000 321000 MYR Million [+]
Gross National Product 285.20 285 281 289 302 353 MYR Billion [+]
Gross Fixed Capital Formation 69343.00 69200 77200 72100 73300 84000 MYR Million [+]
GDP per capita 10878.40 11493 11493 11493 11493 12156 USD [+]
GDP per capita PPP 25311.91 25492 25652 25812 25972 30206 USD [+]
GDP From Agriculture 23041.00 19800 21900 26000 23500 25100 MYR Million [+]
GDP From Construction 12572.00 13700 12500 14300 14500 18600 MYR Million [+]
GDP From Manufacturing 66796.00 63000 66500 68000 68700 77300 MYR Million [+]
GDP From Mining 25461.00 25300 25800 25200 26500 31100 MYR Million [+]
GDP From Services 158694.00 151000 154000 158000 166000 191000 MYR Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 3.50 3.6 3.5 3.6 3.8 4.1 percent [+]
Employed Persons 14276.70 14571 14591 14302 14698 15500 Thousand [+]
Unemployed Persons 512.20 518 512 527 524 558 Thousand [+]
Labor Force Participation Rate 67.60 67.8 67.8 67.7 67.8 67.9 percent [+]
Job Vacancies 293236.00 260170 181144 320451 306000 327000 [+]
Minimum Wages 1000.00 1000 1000 1000 1200 1300 MYR/Month [+]
Wages in Manufacturing 3454.50 3420 3400 3370 3580 4100 MYR/Month [+]
Population 31.70 31.86 31.98 32.11 32.23 33.83 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Wages 2231.00 2470 2470 2470 2470 2840 MYR/Monthly [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 3.20 4.1 3.7 3.6 3.2 4.1 percent [+]
Consumer Price Index CPI 118.20 118 119 120 120 135 Index Points [+]
GDP Deflator 113.00 115 116 117 118 132 Index Points [+]
Producer Prices 107.50 110 109 109 111 116 Index Points [+]
Import Prices 114.00 107 108 108 109 110 Index Points [+]
Food Inflation 4.00 5.2 4.7 4.9 4.7 3.9 percent [+]
Producer Prices Change 6.50 9.9 9.4 7.1 3 4.1 percent [+]
Core Inflation Rate 2.30 2.6 2.75 2.56 2.43 2.54 percent [+]
Export Prices 110.70 102 104 106 106 108 Index Points [+]
Cpi Transportation 113.50 115 116 118 116 123 Index Points [+]
Inflation Rate Mom 1.10 -0.2 0.1 0.1 0.3 0 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 3.00 3 3 3 3 3.5 percent [+]
Interbank Rate 3.43 3.43 3.43 3.5 3.5 4 percent [+]
Money Supply M0 85663.15 86701 88200 90513 93400 119500 MYR Million [+]
Money Supply M1 380841.25 373225 377744 382363 386982 440711 MYR Million [+]
Money Supply M2 1636279.36 1680000 1700000 1740000 1770000 2050000 MYR Million [+]
Money Supply M3 1642448.50 1652631 1668178 1683556 1698817 1873850 MYR Million [+]
Foreign Exchange Reserves 95000.00 98000 98500 99200 100800 106000 USD Million [+]
Banks Balance Sheet 2393413.59 2413650 2438676 2463829 2488618 2762941 MYR Million [+]
Loans to Private Sector 1648207.74 1677160 1704800 1731827 1758526 2064920 MYR Million [+]
Deposit Interest Rate 3.10 3 3 3 3 4 percent [+]
Cash Reserve Ratio 3.50 3.5 3.5 3.5 3.5 3.5 percent [+]
Central Bank Balance Sheet 451098.66 449000 458000 455850 459000 512000 MYR Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 8720.00 12966 5495 12389 8300 5171 MYR Million [+]
Exports 75600.00 66252 65108 70795 69533 75243 MYR Million [+]
Imports 66800.00 54286 63613 65405 61233 70071 MYR Million [+]
Current Account 12200.00 6742 5110 6178 7197 13200 MYR Million [+]
Current Account to GDP 1.30 3.2 3.2 3.2 3.2 3.7 percent [+]
External Debt 908704.13 919877 934158 946625 960748 1107507 MYR Million [+]
Terms of Trade 97.10 99.8 98.5 99.9 101 107 Index Points [+]
Tourism Revenues 69119.60 72200 72200 72200 72200 78300 MYR Million [+]
Tourist Arrivals 2326487.00 2310000 2280000 2220598 2860000 3340000 [+]
Gold Reserves 36.39 40 40 40 40.1 44.5 Tonnes [+]
Crude Oil Production 668.00 680 660 670 680 667 BBL/D/1K [+]
Terrorism Index 2.69 3.68 3.68 3.68 3.68 3.57 [+]
Capital Flows -13202.00 -6859 -4529 -7939 -10287 -9678 MYR Million [+]
Foreign Direct Investment 10825.00 11200 7900 6200 12100 15900 MYR Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 53.20 54 54 54 54 53 percent [+]
Government Budget -3.20 -4.2 -4.2 -4.3 -4.2 -3.3 percent of GDP [+]
Government Budget Value 5581.40 -10822 -7995 -6653 -8500 2800 MYR Million [+]
Government Spending 44921.00 33700 36700 36000 49100 53700 MYR Million [+]
Government Revenues 56294.90 46842 45123 46577 50523 66000 MYR Million [+]
Fiscal Expenditure 50713.50 57664 53118 53231 59022 63200 MYR Million [+]
Military Expenditure 5300.10 5552 5830 5894 5830 6091 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Business Confidence 81.20 82 90 95 97 108 [+]
Industrial Production 4.70 4.9 2.8 4.2 3.8 4.4 percent [+]
Industrial Production Mom 0.94 1.2 3 2.3 1.6 1.1 percent [+]
Manufacturing Production 4.30 4.8 5.2 3.9 5 5.1 percent [+]
Capacity Utilization 79.00 82.7 82.7 83 76.5 85.8 percent [+]
Changes in Inventories 1470.00 1450 1850 -400 -3330 -4610 MYR Million [+]
Bankruptcies 1668.00 1929 1699 1710 1626 1850 Companies [+]
Car Production 45293.00 44800 43200 41500 47800 52800 Units [+]
Car Registrations 84041.00 94700 98540 88785 103000 146000 Cars [+]
Leading Economic Index 0.90 0.3 -0.9 0.7 0.2 0.9 percent [+]
Manufacturing Pmi 48.60 48.3 48.8 49.4 49.6 51.84 [+]
Mining Production 5.80 6.2 2.8 4.3 3.3 3.1 percent [+]
Cement Production 1720.00 1715 1740 1800 1890 2100 Thousands of Tonnes [+]
Coincident Index 127.70 128 129 130 130 138 Index Points [+]
Competitiveness Index 5.16 5.16 5.16 5.16 5.16 5.35 Points [+]
Competitiveness Rank 25.00 25 25 25 25 22 [+]
Ease of Doing Business 23.00 18 18 18 18 19 [+]
Corruption Index 49.00 52 52 52 52 60 Points [+]
Corruption Rank 55.00 53 53 53 53 45 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence 69.80 68 74 82 75 103 [+]
Consumer Spending 150497.00 151436 151470 158780 156000 179000 MYR Million [+]
Bank Lending Rate 4.49 4.5 4.5 4.5 4.5 4.9 percent [+]
Retail Sales Mom 4.90 1.8 1.3 1.2 3.5 2.7 percent [+]
Retail Sales Yoy 9.70 9 7.2 7.4 8.1 6.9 percent [+]
Gasoline Prices 0.47 0.49 0.5 0.5 0.51 0.6 USD/Liter [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Housing Index 5.30 5.2 4.9 4.2 5.1 7.7 percent [+]
Construction Output 8.10 8.4 7.7 9.2 11.5 13 percent [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 24.00 24 24 24 24 24 percent [+]
Personal Income Tax Rate 28.00 28 28 28 28 28 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. 2/24/2017