Markets Actual Q4 Q1 Q2 Q3 2022
Currency 4.21 4.24 4.25 4.26 4.28 4.3
Stock Market (points) 1497.70 1475 1448 1422 1396 1346
Government Bond 10Y (%) 3.54 3.58 3.63 3.68 3.73 3.83

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) -3.60 2 1.5 1 1.3 0.8
GDP Annual Growth Rate (%) -4.50 3 5 1.9 6.5 5
Unemployment Rate (%) 4.30 4.5 4.5 4 3.8 4
Inflation Rate (%) 2.90 2.3 2.5 2 1.5 2
Interest Rate (%) 1.75 1.75 1.75 1.75 2 2
Balance of Trade (MYR Million) 26249.00 12200 22820 17800 20370 19820
Current Account (MYR Million) 11605.00 16500 15000 15000 12000 14500
Current Account to GDP (% of GDP) 1.00 3 2 2 2 2
Government Debt to GDP (% of GDP) 60.70 65 60 60 60 60
Government Budget (% of GDP) -3.20 -6 -4.3 -4.3 -4.3 -4.3
Business Confidence (points) 87.50 105 110 105 105 105
Consumer Confidence (points) 64.30 95 105 105 105 105
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 2022
GDP Growth Rate (%) -3.60 2 1.5 1 1.3 0.8
GDP Annual Growth Rate (%) -4.50 3 5 1.9 6.5 5
GDP (USD Billion) 336.66 359 380 380 380 380
GDP Constant Prices (MYR Million) 335815.00 355249 360220 342736 357643 386490
Gross National Product (MYR Billion) 329.40 345 358 338 351 383
Gross Fixed Capital Formation (MYR Million) 65027.00 79750 77127 72808 69254 76516
GDP per capita (USD) 10616.85 12500 12900 12900 12900 12900
GDP per capita PPP (USD) 26435.17 27220 28590 28590 28590 28590
GDP From Agriculture (MYR Million) 27464.00 28061 23818 24588 29249 26388
GDP From Construction (MYR Million) 11815.00 15081 14487 12828 12583 15442
GDP From Manufacturing (MYR Million) 81907.00 81011 85868 83251 87231 91094
GDP From Mining (MYR Million) 20934.00 28038 25316 24448 22295 25500
GDP From Services (MYR Million) 190435.00 198855 206536 193498 202813 223241

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 4.30 4.5 4.5 4 3.8 4
Unemployed Persons (Thousand ) 705.00 640 640 640 640 590
Labor Force Participation Rate (%) 68.60 69 70 70 70 70
Job Vacancies 600970.00 404513 324813 324813 324813 306789
Minimum Wages (MYR/Month) 1200.00 1200 1300 1300 1300 1300
Wages in Manufacturing (MYR/Month) 3266.00 3890 3840 3840 3840 4150
Population (Million) 32.73 33.45 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) 2933.00 3620 3840 3840 3840 3840

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 2.90 2.3 2.5 2 1.5 2
Consumer Price Index CPI (points) 123.70 128 126 128 125 126
Producer Prices (points) 114.70 119 119 117 116 122
Import Prices (points) 120.80 120 120 120 120 120
Food Inflation (%) 1.90 3 3.5 3.5 3.5 3.5
Core Inflation Rate (%) 1.50 2.5 2.1 2.1 2.1 2.5
Export Prices (points) 128.90 117 118 118 118 118
CPI Housing Utilities (points) 121.90 127 125 127 121 123
CPI Transportation (points) 114.80 115 115 116 116 116
Inflation Rate Mom (%) 0.70 0.2 0.2 0.2 0.2 0.3
Producer Prices Change (%) 13.20 14 8.5 4.5 2.5 2

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 1.75 1.75 1.75 1.75 2 2
Interbank Rate (%) 1.95 1.95 1.95 1.95 2.2 2.2
Money Supply M1 (MYR Million) 559928.63 616728 639907 639907 639907 717172
Money Supply M2 (MYR Million) 2122374.47 2104409 2121132 2121132 2121132 2171300
Money Supply M3 (MYR Million) 2130024.10 2138640 2154789 2177348 2177348 2234720
Foreign Exchange Reserves (USD Million) 116285.69 112542 113474 113474 113474 104564
Banks Balance Sheet (MYR Million) 2981870.56 3182009 3201358 3201358 3201358 3372219
Loans to Private Sector (MYR Million ) 2101647.60 2107638 2166824 2109294 2226559 2213020
Deposit Interest Rate (%) 1.96 2.9 1.96 1.96 2.21 2.21
Cash Reserve Ratio (%) 2.00 2 2 2 2 3
Central Bank Balance Sheet (MYR Million) 541762.76 52116270 52813157 52813157 52813157 531917

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (MYR Million) 26249.00 12200 22820 17800 20370 19820
Current Account (MYR Million) 11605.00 16500 15000 15000 12000 14500
Current Account to GDP (% of GDP) 1.00 3 2 2 2 2
Imports (MYR Million) 88180.16 72800 72500 72500 72500 75500
Exports (MYR Million) 114429.40 97000 95320 105870 99870 95320
External Debt (MYR Million) 1056979.60 1000030 1026504 1026504 1026504 1026504
Terms of Trade (points) 106.70 97.5 98.33 98.33 98.33 98.33
Tourism Revenues (MYR Million) 12688.20 60015 75550 75550 75550 75550
Tourist Arrivals 6459.00 1550000 1550000 1550000 1550000 2000000
Gold Reserves (Tonnes) 38.88 40 40 40 40 40
Crude Oil Production (BBL/D/1K) 462.00 560 600 620 610 630
Foreign Direct Investment (MYR Million) 12836.00 8000 10000 10000 10000 10000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 60.70 65 60 60 60 60
Government Budget (% of GDP) -3.20 -6 -4.3 -4.3 -4.3 -4.3
Government Budget Value (MYR Million) 1723.80 2800 750 2400 2400 2400
Government Spending (MYR Million) 46814.00 55044 45040 44806 49857 60499
Government Revenues (MYR Million) 56891.10 61050 65500 65500 65500 65500
Fiscal Expenditure (MYR Million) 55167.30 60300 63100 63100 63100 63100
Military Expenditure (USD Million) 3910.00 3870 3870 3870 3870 3870

Taxes Actual Q4 Q1 Q2 Q3 2022
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 (%) 21.00 23 23 23 23 23
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 9.00 11 11 11 11 11

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) 87.50 105 110 105 105 105
Industrial Production (%) 2.50 5 3.5 3.5 3.5 5
Industrial Production Mom (%) 3.70 1.1 1 1 1 2.5
Manufacturing Production (%) 0.60 5.5 3.5 3.5 3.5 6.9
Changes in Inventories (MYR Million) 879.00 -4100 -4500 -4500 -4500 -4810
Car Production (Units) 32556.00 40500 41000 41000 41000 40500
Car Registrations 100693.00 130000 110000 110000 110000 150000
Leading Economic Index (%) 4.00 1.1 1.5 1.5 1.5 1.8
Cement Production (Thousands of Tonnes ) 1378.00 1500 1500 1500 1500 1500
Coincident Index (points) 112.40 119 121 121 121 122
Mining Production (%) -4.20 3 3 3 3 3
Manufacturing PMI (points) 52.30 51 52 52 52 51

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) 64.30 95 105 105 105 105
Consumer Spending (MYR Million) 204728.00 192218 219714 188653 218035 224178
Bank Lending Rate (%) 3.42 3.42 3.42 3.42 3.67 3.67
Gasoline Prices (USD/Liter) 0.48 0.46 0.43 0.41 0.39 0.37
Households Debt To GDP (% of GDP) 76.80 71 73 73 73 75
Retail Sales Mom (%) 4.60 1.5 1 1 1 3
Retail Sales Yoy (%) -1.10 3.5 2.5 2.5 2.5 6.9

Housing Actual Q4 Q1 Q2 Q3 2022
Housing Index (%) 0.80 3.5 1.5 1.5 1.5 3.5
Construction Output (%) -21.00 6 3.5 5 5 6


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Malaysia Forecast - was last updated on Thursday, December 9, 2021.