Markets Actual Q1 Q2 Q3 Q4 2020
Currency 4.07 4.11 4.12 4.13 4.14 4.16
Stock Market (points) 1587.33 1601 1591 1581 1571 1551
Government Bond 10Y (%) 3.30 3.33 3.36 3.39 3.42 3.48
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.90 1.3 1.4 1.2 1.2 1
GDP Annual Growth Rate (%) 4.40 4.1 4.2 4.5 4.4 4.9
Unemployment Rate (%) 3.20 3.3 3.2 3.3 3.4 3.6
Inflation Rate (%) 0.90 1.7 1.7 1.7 1.9 1.9
Interest Rate (%) 3.00 2.75 2.75 2.75 2.75 3
Balance of Trade (MYR Million) 6535.41 16500 15100 18500 11200 12200
Current Account (MYR Million) 11452.00 12500 5500 10000 9500 9100
Current Account to GDP (%) 2.30 2 2 2 2 2.1
Government Debt to GDP (%) 51.80 53 53 53 53 50
Government Budget (% of GDP) -3.70 -2.6 -2.6 -2.6 -2.6 -2.6
Business Confidence (points) 94.20 107 105 110 112 112
Consumer Confidence (points) 93.40 92 90 95 100 100
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Personal Income Tax Rate (%) 28.00 28 28 28 28 28
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.90 1.3 1.4 1.2 1.2 1
GDP Annual Growth Rate (%) 4.40 4.1 4.2 4.5 4.4 4.9
GDP (USD Billion) 354.35 390 390 390 390 405
GDP Constant Prices (MYR Million) 360136.00 348715 356091 368239 375982 394405
Gross National Product (MYR Billion) 352.70 342 354 361 368 386
Gross Fixed Capital Formation (MYR Million) 82144.00 81250 88119 83992 85758 89960
GDP per capita (USD) 12109.50 12850 12850 12850 12850 13200
GDP per capita PPP (USD) 28176.40 27956 27956 27956 27956 27956
GDP From Agriculture (MYR Million) 28029.00 25097 24700 28660 29262 30696
GDP From Construction (MYR Million) 16950.00 16997 16401 17331 17696 18563
GDP From Manufacturing (MYR Million) 79938.00 77211 80670 81737 83455 87545
GDP From Mining (MYR Million) 23003.00 26646 26565 23521 24015 25192
GDP From Services (MYR Million) 208165.00 198830 203687 212849 217324 227973
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 3.20 3.3 3.2 3.3 3.4 3.6
Unemployed Persons (Thousand ) 512.10 530 534 519 511 511
Labor Force Participation Rate (%) 68.80 69.4 69 69 70.7 70.7
Job Vacancies 244676.00 345000 360000 360000 357000 357000
Minimum Wages (MYR/Month) 1100.00 1100 1100 1100 1200 1200
Wages in Manufacturing (MYR/Month) 4011.30 3940 3970 3910 4100 4400
Population (Million) 32.40 33.1 33.1 33.1 33.1 33.45
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 60.00 60 60 60 60 60
Wages (MYR/Month) 3087.00 3400 3400 3400 3400 3583
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.90 1.7 1.7 1.7 1.9 1.9
Consumer Price Index CPI (points) 122.10 123 123 124 124 127
Producer Prices (points) 106.50 107 107 107 109 111
Import Prices (points) 117.20 119 119 119 121 121
Food Inflation (%) 1.50 2 2.2 2 3.5 3.5
Producer Prices Change (%) 1.20 1.8 2 2 2.2 2.2
Inflation Rate Mom (%) 0.10 0.6 0.3 0.2 0.3 0.3
Core Inflation Rate (%) 1.40 1.2 0.8 1.5 2.5 2.5
Export Prices (points) 115.50 116 116 116 118 118
CPI Housing Utilities (points) 122.20 123 123 124 125 127
CPI Transportation (points) 114.80 116 116 117 117 119
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 3.00 2.75 2.75 2.75 2.75 3
Money Supply M1 (MYR Million) 438099.08 423500 423500 423500 437000 437000
Interbank Rate (%) 3.40 3.4 3.4 3.4 3.4 3.4
Money Supply M2 (MYR Million) 1923912.43 1890000 1890000 1890000 1960000 1960000
Foreign Exchange Reserves (USD Million) 105418.64 102200 105900 107000 108700 108700
Banks Balance Sheet (MYR Million) 2773385.70 2710000 2690000 2690000 2850000 2850000
Loans to Private Sector (MYR Million ) 1960491.93 1912266 1966210 1988051 2034736 2134438
Deposit Interest Rate (%) 3.10 3.1 3.1 3.1 3.1 3.1
Cash Reserve Ratio (%) 3.00 3.5 3.5 3.5 3.5 3.5
Central Bank Balance Sheet (MYR Million) 455360.39 445000 440000 460000 460000 460000
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (MYR Million) 6535.41 16500 15100 18500 11200 12200
Current Account (MYR Million) 11452.00 12500 5500 10000 9500 9100
Current Account to GDP (%) 2.30 2 2 2 2 2.1
Imports (MYR Million) 74300.00 70500 63400 67000 75800 75800
Exports (MYR Million) 80800.00 88000 78500 85500 87000 89000
External Debt (MYR Million) 916441.00 957500 965582 940731 968000 968000
Terms of Trade (points) 98.60 97.32 97.32 97.32 97.11 97.11
Tourism Revenues (MYR Million) 84135.20 83800 83800 83800 84100 84100
Tourist Arrivals 1997093.00 2350000 2420000 2200000 2250000 2250000
Gold Reserves (Tonnes) 38.88 37.4 37.4 37.4 37.8 37.8
Crude Oil Production (BBL/D/1K) 570.00 600 630 640 650 670
Foreign Direct Investment (MYR Million) 2906.00 12000 11000 15000 15900 15900
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 51.80 53 53 53 53 50
Government Budget (% of GDP) -3.70 -2.6 -2.6 -2.6 -2.6 -2.6
Government Budget Value (MYR Million) -25.70 3100 493800 493100 2800 3900
Government Spending (MYR Million) 40557.00 39426 40325 41470 42342 44416
Government Revenues (MYR Million) 68775.10 64500 556000 556000 66000 68000
Fiscal Expenditure (MYR Million) 68800.80 61400 62200 62900 63200 64100
Military Expenditure (USD Million) 3208.00 3870 3870 3870 3870 3870
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Personal Income Tax Rate (%) 28.00 28 28 28 28 28
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 23.00 20 20 20 20 20
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 11.00 8 8 8 8 8
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (points) 94.20 107 105 110 112 112
Industrial Production (%) 2.00 3.5 3.2 2.8 4.8 4.8
Industrial Production Mom (%) 1.80 1.5 1.7 1.7 1.1 1.1
Manufacturing Production (%) 2.50 5.2 3.2 3.5 6.9 6.9
Changes in Inventories (MYR Million) -6808.00 -590 -590 -590 -4610 -4610
Car Production (Units) 43300.00 45000 35000 34000 42800 42800
Car Registrations 108231.00 105000 110000 76000 100000 120000
Leading Economic Index (%) 1.40 0.5 1.5 0.5 1.8 1.8
Mining Production (%) 0.50 1.5 1 -3 1.6 1.6
Manufacturing Pmi (points) 50.00 50.8 50.4 50.4 49.2 49.4
Cement Production (Thousands of Tonnes ) 1451.00 1350 1250 1400 1700 1700
Coincident Index (points) 139.30 138 136 136 139 139
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (points) 93.40 92 90 95 100 100
Consumer Spending (MYR Million) 217902.00 202798 207659 222805 227490 238637
Bank Lending Rate (%) 4.73 4.73 4.73 4.73 4.73 4.73
Retail Sales Mom (%) 2.30 2.2 3 0.8 2.7 2.7
Retail Sales Yoy (%) 7.00 6.5 6 6 6.9 6.9
Gasoline Prices (USD/Liter) 0.51 0.56 0.57 0.59 0.6 0.6
Households Debt To GDP (% of GDP) 67.80 68.3 68.1 68.5 68.5 69
Housing Actual Q1 Q2 Q3 Q4 2020
Housing Index (%) 0.90 2 2.5 2.2 3.7 5.7
Construction Output (%) 0.60 4.3 5 3 5 6


This page has 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.