Markets Actual Q4 Q1 Q2 Q3 2023
Currency 4.48 4.51 4.54 4.58 4.61 4.68
Stock Market (points) 1486.54 1455 1424 1394 1365 1308
Government Bond 10Y (%) 4.13 4.18 4.23 4.28 4.33 4.43

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 1.90 2.3 1 2 1.5 1.2
GDP Annual Growth Rate (%) 14.20 5.8 5.1 4.7 3.9 4
Unemployment Rate (%) 3.60 4.2 3.8 3.8 3.8 3.6
Inflation Rate (%) 4.00 4.7 3.6 2.5 2.4 2.5
Interest Rate (%) 2.75 3 3.25 3 3 3
Balance of Trade (MYR Million) 18088.00 -4870 5789 5789 5789 1510
Current Account (MYR Million) 14136.00 14500 14500 14500 14500 16500
Current Account to GDP (% of GDP) 3.50 2 2 2 2 2
Government Debt to GDP (% of GDP) 63.30 60 60 60 60 60
Government Budget (% of GDP) -6.50 -4.3 -4.3 -4.3 -4.3 -4.3
Business Confidence (points) 99.80 105 105 105 105 102
Consumer Confidence (points) 100.00 105 105 105 105 100
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 1.90 2.3 1 2 1.5 1.2
GDP Annual Growth Rate (%) 14.20 5.8 5.1 4.7 3.9 4
GDP (USD Billion) 372.70 320 380 380 380 380
GDP Constant Prices (MYR Million) 383756.00 392171 378611 383390 398722 407858
Gross National Product (MYR Billion) 374.70 381 364 376 389 397
Gross Fixed Capital Formation (MYR Million) 73534.00 72564 77387 79060 76402 75467
GDP per Capita (USD) 10827.33 12900 12900 12900 12900 12900
GDP per Capita PPP (USD) 26959.25 28590 28590 28590 28590 28590
GDP from Agriculture (MYR Million) 27710.00 26408 23757 24575 28791 27464
GDP from Construction (MYR Million) 13621.00 13294 13581 13537 14152 13826
GDP from Manufacturing (MYR Million) 92664.00 97241 91638 93343 96278 101130
GDP from Mining (MYR Million) 23255.00 24989 25293 24637 24162 25988
GDP from Services (MYR Million) 222307.00 225632 220248 222814 230977 234658

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 3.60 4.2 3.8 3.8 3.8 3.6
Unemployed Persons (Thousand ) 605.00 590 590 590 590 590
Labor Force Participation Rate (%) 69.70 70 70 70 70 70
Job Vacancies 1028770.00 306789 306789 306789 306789 306789
Minimum Wages (MYR/Month) 1500.00 1500 1500 1500 1500 1500
Wages in Manufacturing (MYR/Month) 3365.00 3620 3480 3460 3400 3680
Population (Million) 32.60 33.8 33.8 33.8 33.8 33.8
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 60.00 60 60 60 60 60
Wages (MYR/Month) 3037.00 3240 3670 3670 3670 3670

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 4.00 4.7 3.6 2.5 2.4 2.5
Consumer Price Index CPI (points) 128.60 130 130 131 131 134
Producer Prices (points) 119.20 120 127 129 124 124
Import Prices (points) 132.50 120 120 120 120 120
Food Inflation (%) 7.10 6.8 4.5 4.5 3.8 3
Core Inflation Rate (%) 4.00 4.2 3.3 2.4 2.3 2.3
Export Prices (points) 149.80 118 118 118 118 118
CPI Housing Utilities (points) 123.70 128 127 126 127 131
CPI Transportation (points) 120.80 121 121 122 122 123
Producer Prices Change (%) 4.90 4 4 4.2 4 3
Inflation Rate MoM (%) 0.20 0.1 0.4 0.4 0.4 0.3

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 2.75 3 3.25 3 3 3
Interbank Rate (%) 3.50 3.75 4 3.75 3.75 3.75
Money Supply M1 (MYR Million) 596710.82 596000 597000 591000 588000 579000
Money Supply M2 (MYR Million) 2247122.04 2160000 2120000 2140000 2020000 2010000
Money Supply M3 (MYR Million) 2254815.68 2190000 2150000 2160000 2120000 2020000
Foreign Exchange Reserves (USD Million) 106082.03 104564 104564 104564 104564 119998
Banks Balance Sheet (MYR Million) 3309519.64 3278272 3311055 3311055 3311055 3411383
Loans to Private Sector (MYR Million ) 2222943.12 2241139 2256207 2271269 2309638 2330784
Deposit Interest Rate (%) 1.56 1.81 2.06 1.81 1.81 1.81
Cash Reserve Ratio (%) 2.00 3 3 3 3 3
Central Bank Balance Sheet (MYR Million) 576058.52 531917 531917 531917 531917 531917

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (MYR Million) 18088.00 -4870 5789 5789 5789 1510
Current Account (MYR Million) 14136.00 14500 14500 14500 14500 16500
Current Account to GDP (% of GDP) 3.50 2 2 2 2 2
Imports (MYR Million) 113544.70 100190 92320 92320 92320 100889
Exports (MYR Million) 131632.30 95320 98109 98109 98109 102399
External Debt (MYR Million) 1169433.00 1026504 1026504 1026504 1026504 1026504
Terms of Trade (points) 113.00 98.33 98.33 98.33 98.33 98.33
Tourism Revenues (MYR Million) 238.73 75550 75550 75550 75550 75550
Tourist Arrivals 1076218.00 2000000 2000000 2000000 2000000 2000000
Gold Reserves (Tonnes) 38.88 40 40 40 40 40
Crude Oil Production (BBL/D/1K) 450.00 630 630 630 630 600
Foreign Direct Investment (MYR Million) 12308.34 10000 10000 10000 10000 10000

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 63.30 60 60 60 60 60
Government Budget (% of GDP) -6.50 -4.3 -4.3 -4.3 -4.3 -4.3
Government Budget Value (MYR Million) -3664.00 2400 2400 2400 2400 2400
Government Spending (MYR Million) 48298.00 61538 47977 46996 50182 63999
Government Revenues (MYR Million) 61565.00 65500 65500 65500 65500 65500
Fiscal Expenditure (MYR Million) 65229.00 63100 63100 63100 63100 63100
Military Expenditure (USD Million) 3830.20 3870 3870 3870 3870 3870

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 24.00 23 23 23 23 23
Social Security Rate For Companies (%) 13.00 12 12 12 12 12
Social Security Rate For Employees (%) 11.00 11 11 11 11 11

Business Actual Q4 Q1 Q2 Q3 2023
Business Confidence (points) 99.80 105 105 105 105 102
Industrial Production (%) 10.80 8.5 6.1 3.5 0.8 2.1
Industrial Production Mom (%) 1.30 2.5 2.5 2.5 2.5 2.5
Manufacturing Production (%) 10.31 3.5 3.5 3.5 3.5 6.9
Changes in Inventories (MYR Million) 3925.00 -4810 -4810 -4810 -4810 -4810
Car Production (Units) 64701.00 41000 41000 41000 41000 40500
Car Registrations 143397.00 150000 150000 150000 150000 150000
Leading Economic Index (%) -1.30 1.5 1.5 1.5 1.5 1.8
Coincident Index (points) 121.20 122 122 122 122 122
Cement Production (Thousands of Tonnes ) 1163.00 1500 1500 1500 1500 1500
Mining Production (%) 16.24 3 3 3 3 3
Manufacturing PMI (points) 48.70 48.7 50.2 50 51 51

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Confidence (points) 100.00 105 105 105 105 100
Consumer Spending (MYR Million) 235858.00 227476 443997 229833 245056 236575
Bank Lending Rate (%) 4.43 4.68 4.93 4.68 4.68 4.68
Gasoline Prices (USD/Liter) 0.46 0.49 0.51 0.53 0.55 0.59
Retail Sales MoM (%) 1.20 3 3 3 3 3
Retail Sales YoY (%) 30.00 9.5 1.2 0.1 -1.9 -1.2
Households Debt to GDP (% of GDP) 71.60 75 75 75 75 75

Housing Actual Q4 Q1 Q2 Q3 2023
Housing Index (%) 0.50 3.5 3.5 3.5 3.5 3.5
Construction Output (%) 23.20 5 5 5 5 6