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The economy of Malaysia is the fifth largest in Southeast Asia and the 36th largest in the world in terms of GDP. The 2018 labour productivity of Malaysia was measured at Int$55,360 per worker, the third highest in ASEAN. The 2021 Global Competitiveness Report ranked Malaysian economy the 25th most competitive country economy in the world.
On 11 February 2021, it was reported that Malaysia's gross domestic product (GDP) had shrunk by 3.4% in the fourth quarter from last year. In addition, the Malaysian economy contracted 5.6% for all of 2020, its worst performance since the 1998 Asian Financial Crisis.
(Bloomberg) -- Malaysia’s economy expanded at its fastest pace in more than a year in the third quarter, even as the Southeast Asian nation braces for growth moderation amid political ...
This is a list of Malaysian states and federal territories sorted by their gross domestic product. As of 3 November 2022 Malaysian Ringgit (symbol: RM, currency code: MYR) is equivalent to 0.211 United States dollar or 0.213 Euros.
The economy grew by a higher-than-expected 14.2% in the third quarter from a low base a year earlier, when COVID-19 containment measures curbed economic activity.
Malaysia's economy fell at a faster than expected clip in the fourth quarter, as stricter coronavirus curbs crimped consumption and slowed the pace of recovery.
Malaysia's economy was greatly impacted by the 1997 Asian financial crisis, but recovered. High levels of foreign and domestic private investment played a significant role as the economy diversified and modernised.
6.2 Repatriation of Malaysian nationals abroad. ... 7 Impact. Toggle Impact subsection. 7.1 Economic impact. 7.2 Social impact. 7.3 Political impact. 8 Aid and relief ...
The 12MP will highlight strategic basics in line with the shared prosperity initiative encompassing three dimensions which are: Economic empowerment. Environmental sustainability. Social reengineering.
APEC Malaysia 2020 was the year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Malaysia from December 2019 until November 2020. Due to the COVID-19 pandemic , most of the meetings were held virtually , including the culminating Economic Leaders' Meeting.