Malaysia Economic Analysis

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Country Notebook
Economic Analysis
Yazmin Solla
International Marketing
Introduction – Malaysia, a middle-income country, has transformed itself since the 1970s from a producer of raw materials into an emerging multi-sector economy. Under current Prime Minister NAJIB, Malaysia is attempting to achieve high-income status by 2020 and to move farther up the value-added production chain by attracting investments in Islamic finance, high technology industries, biotechnology, and services. The NAJIB administration also is continuing efforts to boost domestic demand and reduce the economy's dependence on exports. Population- 27 millons

A- Total
1. Growth rate-: This entry gives GDP growth on an annual basis adjusted for inflation and expressed as a percent. |2011 |7.20 % |23 |-523.53 % |2010 est. |

2. Number of live birth- Life expectancy at birth; total (years) in Malaysia was reported at 74.38 in 2008, according to the World Bank.

3. Birth rate-
|2011 |21.08 |84 |-1.54 % |2011 est. |

B- Distribution of Population
1. Age: 0-14 years: 29.6% (male 4,374,495/female 4,132,009) 15-64 years: 65.4% (male 9,539,972/female 9,253,574) 65 years and over: 5% (male 672,581/female 755,976) (2011 est.) 2. Geographic area (urban, suburban, rural density, and concentration) Density: 82.22 for year 2007

Rural Population: 28.72%
Urban population: 67.60%
Location; Southeastern Asia, peninsula bordering Thailand and northern 3. Migration rates and patterns--0.39 migrant(s)/1,000 population 4. Ethnic groups; Malay 50.4%, Chinese 23.7%, indigenous 11%, Indian 7.1%, others 7.8% (2004 est.)

I- Economic statistics and activity

A- Gross national product (GNP, GDP)
1. Rate of growth (real GNP, real growth rate: 7.2% (2010 est.),-1.7% (2009 est.) 4.7% (2008 est.)

B- Personal income per capita; $14,700 (2010 est.),$14,000 (2009 est.),$14,500 (2008 est.)

C- Average family income; Household income or consumption by percentage share: lowest 10%: 2.6%, highest 10%: 28.5% (2005 est.)

D- Distribution of wealth; Income classes ; constitutional monarchy nominally headed by paramount ruler (King) and a bicameral Parliament consisting of a nonelected upper house and an elected lower house; all Peninsular Malaysian states have hereditary rulers or sultans, except Melaka and Pulau Pinang (Penang); those two states along with Sabah and Sarawak in East Malaysia have governors appointed by government; powers of state governments are limited by federal constitution; under terms of federation, Sabah and Sarawak retain certain constitutional prerogatives . 1. Proportion of the population in each class;

There has emerged a fairly strong middle class. However, incomes are still distributed unevenly. For instance, the wealthiest 20 percent of Malaysians control 53.8 percent of the wealth, while the poorest 60 percent of the population controls just 21.3 percent of wealth. At the very bottom of the income range, the poorest 20 percent of the population controls only 4.5 percent of wealth.

2. Is the distribution normal or distorted? As a monarchy there is always going to be a distorted distribution of wealth. Many of the wealthy people are Japanese and Indian ethnicity.

E- Mineral and other resources; tin, petroleum, timber, copper, iron ore, natural gas, bauxite

F- Surface transportation

1. Modes; Airports, Heliports, Pipelines, Transportation - note, Railways, Roadways, Waterways, Merchant marine, Ports and terminals.

2. Availability; the International Maritime Bureau reports the territorial and offshore waters in the Strait of Malacca and South China Sea as high risk for piracy and...
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