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Main article: Countries of the world
Population
Population
2022:33 million people
Migration
2021: Net population inflow in 4 years
Marriages
Allowed to have more than one spouse
Parliament
2022: All-Alay Islamic Party election win
On November 19, 2022, general elections were held in Malaysia, in which the composition of the new 15th parliament of the country was elected. Most of the seats in one of the coalitions - Perikatan Nasional - were won by the country's most conservative organization, the All-Alay Islamic Party (PAS).
Government
Ministry of Communications and Multimedia Technologies of Malaysia
Economy
GDP
2022: Malaysia's share of global PPP GDP reaches 0.67%
Main article: World Economy
GDP size forecast - $0.44 trillion
2021: GDP size - $0.37 trillion
Financial system
Sovereign Wealth Fund
Non-financial debt
2022: Aggregate non-financial debt
National debt
2023: State debt - 66% of GDP
Food industry
Palm oil
Foreign trade
2022
China is the largest export destination
Among the leaders in LNG exports
2021
China's seventh largest trading partner
The fifth exporter of liquefied natural gas in the world
Main Article: Liquefied Natural Gas (LNG)
Minerals
2022: LNG exports
2021: Oil Production
Power
2020: Energy consumption per capita
andR&D
2020: R&D spending - $9.7 billion
Unemployment
2020: Unemployment rate - 4.9%
Incomes of the population
2023: Minimum wage - $289
Agriculture
2019: Average use of pesticides in agriculture
Consumption
Meat
2023: Fish consumption is higher than meat consumption
Information Technology and Communications
2023: How Malaysia's economy is digitalised
As of August 31, 2023, the coverage of the 5G network in populated areas of Malaysia reached 68.8%, and by the end of this year the figure is planned to be increased to 80%. This was announced on September 7, 2023 by the Minister of Communications and Digital Technologies of the country Fahmi Fadzil.
According to him, the digitalization of the economy is of great importance for Malaysia. Therefore, it is planned to introduce the so-called MyDID (Malaysia Digital Inclusion Index), which will help assess the current state of the industry and form targeted recommendations, including resource allocation and personnel development. The digital economy was estimated to account for 23.2% of the country's gross domestic product in 2021. By 2025, this figure is planned to be brought to 25.5%.
At the same time, the necessary requirements for the introduction of digital technologies for enterprises will be introduced. To ensure the security of financial transactions and digital healthcare activities, end-to-end digital signature requirements must be met. Existing rules and guidelines are planned to be revised taking into account global trends, as well as the need to improve the sustainability of the digital economy.
As of the end of 2022, Malaysia provides 96.9 percent coverage with 4G networks in settlements, which is close to the 100 percent target by 2025. 7.7 million facilities have access to fixed broadband services. In 5G networks, data transfer rates average 105.8 Mbps versus 30.4 Mbps in 4G services.
As of 2022, a total of 1.13 million micro, small and medium-sized enterprises have mastered e-commerce. The Malaysian Digital Hub has 90 new startups and 200 local businesses have exported their digital solutions.[1]
2022: Transfer of 70% of the state communications operator to private telecom companies
On March 16, 2022, Malaysian authorities announced that they were transferring up to 70% of the shares of the state-owned 5G network operator Digital Nasional Berhad (DNB) to private telecommunications companies amid concerns from the latter that a single fifth-generation state network could hinder competition. Read more here.
2021: Internet pirates to be jailed for 20 years in Malaysia
On December 18, 2021, the Malaysian House of Representatives passed copyright law amendments that would strengthen the country's deterrent measures against those who facilitate access to pirated content through illegal streaming. The amendments, which cover both hardware and software, could result in offenders jailed for up to 20 years. Read more here.
Education
2019: Number of years of education by citizens over 25
Health care
2021: Using drones to find people infected with COVID-19 in the public
In early June 2021, Malaysia announced that it had begun using drones to identify signs of COVID-19 infection among its population. However, this is far from the first country to use drones to combat the pandemic. Read more here.