1) Population: 30,073,353 (July 2014 est)
2) Ethnic Groups: Malay 50.1%, Chinese 22.6%, Indigenous 11.8%, Indian 6.7%, Others 8.9% (2010 est)
1) Area: 329,847 sq km
2) Separated by the South China Sea into Peninsula Malaysia & East Malaysia (Sabah & Sarawak)
3) Consists of 13 states and 3 Federal Territories .
1) Malaysia is a federal constitutional monarchy and the Yang Di-Pertuan Agong (commonly referred to as “the King”), is the Head of the nation.
2) The Government of the day is Barisan Nasional (National Front Coalition) which consists of 13 component parties and is led by the United Malays National Organisation (UMNO).
3) Kuala Lumpur is the capital city of Malaysia while Putrajaya is the heart of the Federal Government administration.
This new policy can be considered an add-on document to the NEP; it provides a framework towards Dr. Mahathir's new vision 2020 plan symbolizing "the way forward" policy towards a "developed" nation in 2020. This will require the nation to maintain a 7-plus percent growth rates for the next 25 years. GDP should be about eight times larger by the year 2020 than it was in 1990. Malaysia’s GDP in 1990 was $115 billion. The GDP in 2020 should therefore be about $920 billion (1990 prices) in real terms. This rapid growth will require to grow by and average of about 7 percent.
1) Malaysia offers a wide range of natural resources (e.g. crude oil, natural gas, tin, timber, palm oil, and rubber).
2) Malaysia’s GDP growth remained resilient at 5.8% 2017 led by the favourable performance of the manufacturing and services sectors, and supported by robust construction activity.
3) The share of Gross National Savings (GNS) to Gross National Income (GNI) is expected to remain strong at 32.7%, contributed by high private sector savings.
4) Per capita income in Malaysia shows an increase to RM30,956 (USD9, 674). (11028.20 USD in 2016)
5) The unemployment rate in Malaysia remained low at 3.3 percent in February of 2018
6) Inflation (CPI) recorded in moderate percentage at 1.3% percent in March of 2018
7) Malaysia is the 20th largest export economy in the world. In 2016, Malaysia exported $184B and imported $156B, resulting in a positive trade balance of $27.4B. In 2016 the GDP of Malaysia was $296B and its GDP per capita was $27.7k.
Islam is the official religion of Malaysia. Other religions are also widely practised by its multiracial society.
1) Muslim 61.3%
2) Buddhist 19.8%
3) Christian 9.2%
4) Hindu 6.3%
5) Confucianism, Taoism and other traditional Chinese religions 1.3%
6) Other or unknown 0.4%
7) None 0.8% (2010 est)