Malaysia | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 1.50 1.1 1 0.9 0.7 1.5 percent [+]
Unemployment Rate 3.40 3.6 3.6 3.6 3.8 4.1 percent [+]
Inflation Rate 1.80 2.3 2.6 2.7 2.7 3.5 percent [+]
Interest Rate 3.00 3 3 3 3 3.5 percent [+]
Balance of Trade 9030.00 12966 5495 12389 8300 5171 MYR Million [+]
Government Debt to GDP 54.00 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 1672.50 1600 1580 1570 1550 1300 points [+]
Government Bond 10Y 4.24 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 1.50 1.1 1 0.9 0.7 1.5 percent [+]
GDP Annual Growth Rate 4.30 4 3.9 4 3.9 3.5 percent [+]
GDP 296.28 326 326 326 326 370 USD Billion [+]
GDP Constant Prices 281083.00 286000 275000 282000 288000 321000 MYR Million [+]
Gross National Product 273.10 272 279 283 302 353 MYR Billion [+]
Gross Fixed Capital Formation 69860.00 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 25069.00 19800 21900 26000 23500 25100 MYR Million [+]
GDP From Construction 13062.00 13700 12500 14300 14500 18600 MYR Million [+]
GDP From Manufacturing 63724.00 63000 66500 68000 68700 77300 MYR Million [+]
GDP From Mining 23155.00 25300 24800 23700 26200 31100 MYR Million [+]
GDP From Services 152442.00 151000 154000 158000 166000 191000 MYR Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 3.40 3.6 3.6 3.6 3.8 4.1 percent [+]
Employed Persons 14317.20 14571 14591 14271 14698 15500 Thousand [+]
Unemployed Persons 511.00 510 512 500 524 540 Thousand [+]
Labor Force Participation Rate 67.70 67.8 67.8 67.7 67.8 67.9 percent [+]
Job Vacancies 292060.00 223239 181144 200451 246000 327000 [+]
Minimum Wages 1000.00 1000 1000 1000 1200 1300 MYR/Month [+]
Wages in Manufacturing 3230.40 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 1.80 2.3 2.6 2.7 2.7 3.5 percent [+]
Consumer Price Index CPI 116.60 117 118 119 121 135 Index Points [+]
GDP Deflator 111.00 112 114 114 115 123 Index Points [+]
Producer Prices 103.80 103 104 104 105 110 Index Points [+]
Import Prices 112.00 107 108 108 109 110 Index Points [+]
Food Inflation 3.70 4.5 4.7 4.9 4.7 3.75 percent [+]
Producer Prices Change 2.20 1.3 1.9 2.3 2.5 2.8 percent [+]
Core Inflation Rate 2.10 2.12 2.13 2.12 2.14 2.16 percent [+]
Export Prices 108.00 102 104 106 106 108 Index Points [+]
Cpi Transportation 107.20 103 104 104 104 115 Index Points [+]
Inflation Rate Mom 0.00 0.1 0.4 0.3 0.2 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 3.42 3.4 3.5 3.5 3.5 4 percent [+]
Money Supply M0 82915.01 82701 82713 82714 82713 82713 MYR Million [+]
Money Supply M1 368252.96 373225 377744 382363 386982 440711 MYR Million [+]
Money Supply M2 1623068.14 1680000 1700000 1740000 1770000 2050000 MYR Million [+]
Money Supply M3 1629436.80 1652631 1668178 1683556 1698817 1873850 MYR Million [+]
Foreign Exchange Reserves 94600.00 98000 98500 99200 100800 106000 USD Million [+]
Banks Balance Sheet 2389162.73 2411407 2435770 2460301 2484453 2750259 MYR Million [+]
Loans to Private Sector 1623032.35 1650482 1670993 1691590 1712051 1942458 MYR Million [+]
Deposit Interest Rate 3.10 3.05 3.05 3.06 3.06 2.98 percent [+]
Cash Reserve Ratio 3.50 3.5 3.5 3 3 3.5 percent [+]
Central Bank Balance Sheet 422886.46 419000 412000 417850 422000 512000 MYR Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 9030.00 12966 5495 12389 8300 5171 MYR Million [+]
Exports 72800.00 66252 65108 70795 69533 75243 MYR Million [+]
Imports 63800.00 54286 63613 65405 61233 70071 MYR Million [+]
Current Account 5998.00 4658 6742 5110 6178 13200 MYR Million [+]
Current Account to GDP 3.00 3.2 3.2 3.2 3.2 3.7 percent [+]
External Debt 865283.00 890188 902189 913988 925624 1045345 MYR Million [+]
Terms of Trade 96.50 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 2510000 2510000 2160598 2860000 3010000 [+]
Gold Reserves 36.39 40 40 36.26 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 1.99 3.72 3.57 [+]
Capital Flows -6317.26 -6056 -5272 -4282 -7911 -9752 MYR Million [+]
Foreign Direct Investment 6545.00 11200 7900 6200 12100 15900 MYR Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 54.00 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 34463.00 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 83.90 82 90 95 97 108 [+]
Industrial Production 6.20 3.4 4.1 4.2 5.4 4.4 percent [+]
Industrial Production Mom 0.79 -0.7 0.8 1.2 2.5 1.1 percent [+]
Manufacturing Production 6.50 4.8 5.2 3.9 5 5.1 percent [+]
Capacity Utilization 80.00 82.7 82.7 83 80.12 85.8 percent [+]
Changes in Inventories -1584.00 1450 1850 -400 -3330 -4610 MYR Million [+]
Bankruptcies 1668.00 1929 1699 1710 1626 1850 Companies [+]
Car Production 53880.00 44800 43200 41500 42800 52800 Units [+]
Car Registrations 85708.00 97700 102540 94785 103000 146000 Cars [+]
Leading Economic Index -0.60 0.3 -0.9 0.7 0.2 0.9 percent [+]
Manufacturing Pmi 47.10 48.3 48.8 49.4 49.6 51.84 [+]
Mining Production 4.70 -3.1 1.5 2.2 1.8 3.1 percent [+]
Cement Production 1657.00 1715 1740 1800 1890 2100 Thousands of Tonnes [+]
Coincident Index 127.00 126 127 128 129 138 Index Points [+]
Competitiveness Index 5.16 5.39 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 19.94 18 19 [+]
Corruption Index 50.00 56 58 58 58 65 Points [+]
Corruption Rank 54.00 43 43 53.95 43 39 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence 73.60 68 74 82 75 103 [+]
Consumer Spending 153609.00 150108 152323 158780 156000 179000 MYR Million [+]
Bank Lending Rate 4.48 4.6 4.6 4.7 4.7 4.9 percent [+]
Retail Sales Mom 1.20 3.9 1.8 1.3 1.2 2.7 percent [+]
Retail Sales Yoy 9.00 7.9 8 9.1 7 6.9 percent [+]
Gasoline Prices 0.42 0.41 0.4 0.41 0.39 0.37 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 10.70 10.8 11.3 10.9 11 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 26 26 28 26 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. 1/23/2017