Markets Actual Q4 Q1 Q2 Q3 2020
Currency 4.18 4.2 4.21 4.22 4.23 4.25
Stock Market (points) 1567.59 1572 1561 1550 1538 1516
Government Bond 10Y (%) 3.40 3.37 3.4 3.42 3.45 3.51
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 1.00 1.5 1.3 1.4 1.2 1.2
GDP Annual Growth Rate (%) 4.90 4.4 4.1 4.2 4.5 4.7
Unemployment Rate (%) 3.30 3.4 3.3 3.2 3.3 3.4
Inflation Rate (%) 1.50 1.8 1.7 1.7 1.7 1.9
Interest Rate (%) 3.00 3 2.75 2.75 3 3
Balance of Trade (MYR Million) 10921.37 12000 16500 17500 15100 11200
Current Account (MYR Million) 14257.00 9800 12500 5500 10000 9500
Current Account to GDP (%) 2.30 2.3 2.2 2.2 2.2 2.2
Government Debt to GDP (%) 51.80 55 53 53 53 53
Government Budget (% of GDP) -3.70 -2.7 -2.6 -2.6 -2.6 -2.6
Business Confidence (Index Points) 94.20 102 107 105 110 112
Consumer Confidence (Index Points) 93.40 88 92 90 95 100
Corporate Tax Rate (%) 24.00 24 24 24 24 24
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 1.00 1.5 1.3 1.4 1.2 1.2
GDP Annual Growth Rate (%) 4.90 4.4 4.1 4.2 4.5 4.7
GDP (USD Billion) 354.35 385 425 425 425 425
GDP Constant Prices (MYR Million) 348767.00 334532 334209 355720 363415 345237
Gross National Product (MYR Billion) 347.20 325 325 349 362 335
Gross Fixed Capital Formation (MYR Million) 86307.00 75100 75027 82882 89932 77503
GDP per capita (USD) 12109.50 12001 12001 12001 12227 12227
GDP per capita PPP (USD) 28176.40 27225 27956 27956 27956 27956
GDP From Agriculture (MYR Million) 24192.00 26425 26399 25601 25208 27270
GDP From Construction (MYR Million) 16064.00 14202 14188 17339 16739 14656
GDP From Manufacturing (MYR Million) 79011.00 76287 76213 78762 82329 78728
GDP From Mining (MYR Million) 26019.00 26403 26378 27182 27112 27248
GDP From Services (MYR Million) 199498.00 187258 187078 202824 207877 193251
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 3.30 3.4 3.3 3.2 3.3 3.4
Unemployed Persons (Thousand ) 520.20 516 530 534 519 511
Labor Force Participation Rate (%) 68.60 69.4 69.4 69 69 70.7
Job Vacancies 231345.00 345000 345000 360000 360000 357000
Minimum Wages (MYR/Month) 1100.00 1100 1100 1100 1100 1200
Wages in Manufacturing (MYR/Month) 3681.00 3800 3940 3970 3910 4100
Population (Million) 32.40 32.61 32.83 32.83 32.83 32.83
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 60.00 60 60 60 60 60
Wages (MYR/Month) 2880.00 3200 3400 3400 3400 3400
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 1.50 1.8 1.7 1.7 1.7 1.9
Consumer Price Index CPI (Index Points) 121.80 123 123 123 123 125
Producer Prices (Index Points) 104.60 106 107 107 107 108
Import Prices (Index Points) 117.50 119 119 119 119 121
Food Inflation (%) 2.60 1.8 2 2.2 2 3.5
Producer Prices Change (%) -1.90 1.1 1.8 2 2 2.2
Inflation Rate Mom (%) 0.20 0.8 0.6 0.3 0.2 0.3
Core Inflation Rate (%) 2.00 1 1.2 0.8 1.5 2.5
Export Prices (Index Points) 115.30 116 116 116 116 118
CPI Housing Utilities (Index Points) 121.70 122 123 123 123 124
CPI Transportation (Index Points) 114.50 119 113 116 116 121
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 3.00 3 2.75 2.75 3 3
Money Supply M1 (MYR Million) 426560.70 423500 423500 423500 423500 437000
Interbank Rate (%) 3.40 3.65 3.65 3.15 3.15 3.65
Money Supply M2 (MYR Million) 1895997.90 1890000 1890000 1890000 1890000 1960000
Foreign Exchange Reserves (USD Million) 103489.18 102200 102200 105900 107000 108700
Banks Balance Sheet (MYR Million) 2762849.80 2670000 2710000 2690000 2690000 2850000
Loans to Private Sector (MYR Million ) 1933130.47 1862000 1938061 1950680 2006651 1885000
Deposit Interest Rate (%) 3.10 2.9 2.9 2.85 2.85 2.9
Central Bank Balance Sheet (MYR Million) 457052.13 440000 445000 440000 460000 460000
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (MYR Million) 10921.37 12000 16500 17500 15100 11200
Current Account (MYR Million) 14257.00 9800 12500 5500 10000 9500
Current Account to GDP (%) 2.30 2.3 2.2 2.2 2.2 2.2
Imports (MYR Million) 70433.67 72500 70500 63400 67000 75800
Exports (MYR Million) 81400.00 84500 88000 78500 85500 87000
External Debt (MYR Million) 931083.27 957500 965582 940731 941634 968000
Terms of Trade (Index Points) 98.10 97.32 97.32 97.32 97.32 97.11
Tourism Revenues (MYR Million) 84135.20 83800 83800 83800 84100 84100
Tourist Arrivals 2400561.00 2370000 2350000 2420000 2200000 2250000
Gold Reserves (Tonnes) 38.88 37.4 37.4 37.4 37.4 37.8
Crude Oil Production (BBL/D/1K) 628.00 672 672 672 672 667
Foreign Direct Investment (MYR Million) 4395.37 11100 12000 11000 15000 15900
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 51.80 55 53 53 53 53
Government Budget (% of GDP) -3.70 -2.7 -2.6 -2.6 -2.6 -2.6
Government Budget Value (MYR Million) -3230.10 1300 1300 3100 493800 2800
Government Spending (MYR Million) 39496.00 51834 51784 40218 41155 53493
Government Revenues (MYR Million) 62085.90 66500 64500 556000 556000 66000
Fiscal Expenditure (MYR Million) 65316.00 60200 61400 62200 62900 63200
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 23.00 20 20 20 20 20
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 11.00 8 8 8 8 8
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 94.20 102 107 105 110 112
Industrial Production (%) 1.90 3.6 3.5 3.2 2.8 4.8
Industrial Production Mom (%) 0.90 1.7 1.5 1.7 1.7 1.1
Manufacturing Production (%) 3.70 5.7 5.2 3.2 3.5 6.9
Changes in Inventories (MYR Million) -4618.00 -590 -590 -590 -590 -4610
Car Production (Units) 44363.00 37900 45000 35000 34000 42800
Car Registrations 119397.00 95000 105000 110000 76000 100000
Leading Economic Index (%) 1.40 0.4 0.5 1.5 0.5 1.8
Mining Production (%) -3.90 1.5 1.5 1 -3 1.6
Manufacturing Pmi 47.90 49.9 50.8 50.4 50.4 49.2
Cement Production (Thousands of Tonnes ) 1278.00 1350 1350 1250 1400 1700
Coincident Index (Index Points) 139.10 138 138 136 136 139
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) 93.40 88 92 90 95 100
Consumer Spending (MYR Million) 203388.00 181008 180834 206872 211930 186801
Bank Lending Rate (%) 4.82 5.02 5.02 4.64 4.64 5.02
Retail Sales Mom (%) 1.10 3.1 2.2 3 0.8 2.7
Retail Sales Yoy (%) 6.70 7.3 6.5 6 6 6.9
Gasoline Prices (USD/Liter) 0.50 0.47 0.46 0.43 0.41 0.46
Households Debt To GDP (% of GDP) 68.00 68 68.3 68.1 68.5 68.5
Housing Actual Q4 Q1 Q2 Q3 2020
Housing Index (%) 1.30 2 2 2.5 2.2 3.7
Construction Output (%) 0.80 5 4.3 5 3 5


This page has economic forecasts for Malaysia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Malaysia economy.