Mining, manufacturing and utilities activities contributed 34.3% to the gross value added (GVA) in 2022, followed by wholesale, retail and hotels (17.7%), and transport, storage and communications (10.9%). These sectors are expected to grow by 7.2%, 8.7% and 9.8%, respectively, in 2023.
Four major states (Penang, Kuala Lumpur, Kuching and Johor) contributed 61.2% of the country's GDP in 2022 and comprised 35.5% of Malaysia's population in 2022, according to the publisher's cities database.
Four major states (Penang, Kuala Lumpur, Kuching and Johor) contributed 61.2% of the country's GDP in 2022 and comprised 35.5% of Malaysia's population in 2022, according to the publisher's cities database.
Key Highlights
Overall, the KLCI index (the index comprises the largest 30 companies by full market capitalization on Bursa Malaysia's Main Board) has been exhibiting a decreasing trend over last year. As of March 24, 2023, the FTSE Bursa KLCI index stood at 1,403.6, compared to 1,599.0 on March 24, 2022.Scope
- The Malaysian government allocated $20.43 billion for infrastructure construction in 2023. With this budget, a total of 7,615 development projects of all kinds are slated for completion in 2023, a 25.7% increase from 2022
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Malaysia’s performance in terms of its country risk analysis in comparison to Asia Pacific and the World
- Exhibit 2: Performance overview (Score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: KLCI index (March 2022 - March 2023)
- Exhibit 5: Key sectors contribution to the economy (2018-25f)
- Exhibit 6: Domestic and foreign investment by sector (2021-22)
- Exhibit 7: Greenfield FDI projects and net cross border M&A deals in Malaysia (2017-21)
- Exhibit 8: Key infrastructure indicators
- Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 10: Real GDP growth rate comparison (2022)
- Exhibit 11: Exports, imports and trade balance (2018-25f)
- Exhibit 12: Current account balance (2018-25f)
- Exhibit 13: Top three commodity exports, % of total exports, (2018-22)
- Exhibit 14: Electrical machinery and parts thereof % share of world’s total (2022)
- Exhibit 15: Interest rates (March 2018 - March 2023)
- Exhibit 16: Exchange rate and inflation (2018-25f)
- Exhibit 17: General government deficit (2018-25f)
- Exhibit 18: General government debt (2018-25f)
- Exhibit 19: Unemployment rate (2018-25f)
- Exhibit 20: Average annual wages (2018-25f)
- Exhibit 21: Labor cost index (2018-25f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 26: Number of patents granted per million population (2021)
- Exhibit 27: High-technology exports, % of manufactured exports (2021)
- Exhibit 28: Rule of law (rankings), 2022
- Exhibit 29: Corruption perceptions index (rankings) (2022)
- Exhibit 30: Renewable energy capacity (2017-21)
- Exhibit 31: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Maxis
- Petronas
- Hershey
- UTM
