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The main articles are:
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
Inflation
2024:2% in May
SEZ
Johor-Singapore Special Economic Zone
In January 2025, Malaysia introduced a number of tax breaks to attract investors to a special economic zone with Singapore, which by 2030 should bring the Malaysian economy $26 billion a year.
The package of measures came a day after Singapore and Malaysian leaders officially opened a zone linking border regions. The Johor-Singapore Special Economic Zone is nearly twice the size of China's Shenzhen - a city bordering Hong Kong whose success Malaysia hopes to replicate with the SEZ.
Minerals
2022
Second place in the world in the processing of rare earth metals
LNG exports
2021: Oil Production
Power
2020: Average energy consumption per capita
andAgriculture
2019: Average use of pesticides in agriculture
Food industry
Palm oil
2022: Malaysia produces 25% of palm oil from global volume
Main article: Palm oil (global market)
2019
Foreign trade
2023: Trade turnover with Russia reaches $3.11 billion in a year
In September 2024, it became known that the trade turnover between Russia and Malaysia in 2023 increased to $3.11 billion, despite the difficult global economic situation. Bilateral trade has seen steady growth, underscoring the importance of trade ties between the two countries, according to the trade department of the Malaysian Embassy in Moscow.
According to Prime, at the end of 2023, Malaysia's exports to Russia increased by 13% and amounted to $619.3 million, while Russian exports to Malaysia increased by 10.8%, reaching $2.49 billion. The main goods supplied by Malaysia to Russia remain industrial products, which confirms a steady interest in high-tech and industrial products of Malaysian production. In turn, Russian supplies to Malaysia include traditional items such as petroleum products, chemical products and other manufactured goods.
According to Malaysian trade attaché Haifil Elmi Jamil, despite the positive growth dynamics, both countries still have the potential to further increase the volume of trade. The President, at Russia Vladimir Putin a meeting with Malaysian Prime Minister Anwar Ibrahim, expressed hope for deepening trade partnership between the countries. Putin noted that the volume of trade in $3.5 billion does not correspond to the opportunities that Russia and Malaysia have, and stressed the need to further develop cooperation.
During the conversation, Anwar Ibrahim confirmed Malaysia's readiness to expand interaction with Russia, especially in light of the upcoming Malaysian presidency of the Association of Southeast Asian Nations (ASEAN) in 2025. He expressed hope for Russia's active participation in the organization's activities and stressed the importance of further deepening economic ties.[1]
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)
R&D
2020: R&D spending - $9.7 billion
Unemployment
2020: Unemployment rate - 4.9%
Incomes of the population
2023: Minimum wage - $289
Consumption
2023: Fish consumption is higher than meat consumption
2019: Poultry meat is the most consumed type of meat
See also