Malaysia Country profile

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April 2018

Malaysia has an impressive economic development record. Since independence in 1957, it has successfully developed its manufacturing, services and tourism industries to complement the country’s competitive resource sector. It is a high middle-income, export-oriented economy. Malaysia compares favourably to its regional peers—with a solid investment grade credit rating, higher per capita incomes and favourable business climate. Annual GDP growth has averaged 5% over the past 10 years.

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This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and creditworthiness. Per capita income is in current US dollars for 2018 as provided by the IMF. Annual GDP growth is for 2018. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country's ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.