Markets Actual Q2 Q3 Q4 Q1 2021
Currency 4.27 4.27 4.28 4.29 4.3 4.33
Stock Market (points) 1550.81 1514 1494 1474 1455 1416
Government Bond 10Y (%) 3.01 3.03 3.06 3.08 3.11 3.17

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -2.00 -4.6 3.8 0.7 0.7 1
GDP Annual Growth Rate (%) 0.70 -9.7 -6.4 2.4 4.9 4.7
Unemployment Rate (%) 3.90 4.2 4.5 4.5 4.5 4.4
Inflation Rate (%) -2.90 -2.5 -0.3 0.6 1.2 2
Interest Rate (%) 2.00 2.5 2.5 2.5 2.75 3
Balance of Trade (MYR Million) -3500.00 15100 18500 11200 11200 12200
Current Account (MYR Million) 9504.00 5500 10000 9500 9500 9100
Current Account to GDP (%) 2.30 2 2 2 2.1 2.1
Government Debt to GDP (%) 51.80 53 53 53 55 55
Government Budget (% of GDP) -3.70 -5.5 -5.5 -5.5 -6.9 -6.9
Business Confidence (points) 85.50 70 72 76 78 85
Consumer Confidence (points) 80.80 72 74 76 79 80
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -2.00 -4.6 3.8 0.7 0.7 1
GDP Annual Growth Rate (%) 0.70 -9.7 -6.4 2.4 4.9 4.7
GDP (USD Billion) 370.00 380 380 380 405 405
GDP Constant Prices (MYR Million) 344155.00 332242 348977 379011 361019 396825
Gross National Product (MYR Billion) 341.50 330 341 368 358 385
Gross Fixed Capital Formation (MYR Million) 75982.00 82136 79524 82229 79705 86094
GDP per capita (USD) 12109.50 12850 12850 12850 13200 13200
GDP per capita PPP (USD) 28176.40 27500 27956 27956 27500 28620
GDP From Agriculture (MYR Million) 22503.00 23109 27133 25162 23606 26344
GDP From Construction (MYR Million) 15350.00 15286 16420 16973 16102 17771
GDP From Manufacturing (MYR Million) 76745.00 75176 77368 83702 80506 87636
GDP From Mining (MYR Million) 25255.00 24839 22453 26998 26492 28267
GDP From Services (MYR Million) 201066.00 190044 201681 222157 210918 232598

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 3.90 4.2 4.5 4.5 4.5 4.4
Unemployed Persons (Thousand ) 610.50 534 519 511 511 511
Labor Force Participation Rate (%) 68.60 69 69.3 69.5 69.8 70.7
Job Vacancies 204513.00 360000 360000 357000 357000 357000
Minimum Wages (MYR/Month) 1200.00 1200 1200 1200 1200 1200
Wages in Manufacturing (MYR/Month) 3340.00 4140 3710 4150 4180 4380
Population (Million) 32.60 33.1 33.1 33.1 33.45 33.45
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 60.00 60 60 60 60 60
Wages (MYR/Month) 3087.00 3400 3400 3400 3583 3583

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) -2.90 -2.5 -0.3 0.6 1.2 2
Consumer Price Index CPI (points) 117.60 118 121 123 122 125
Producer Prices (points) 99.90 102 107 110 105 112
Import Prices (points) 116.20 119 119 121 121 121
Food Inflation (%) 1.20 2.2 2 3.5 3.5 3.5
Inflation Rate Mom (%) -2.70 0.3 0.2 0.2 0.3 0.3
Producer Prices Change (%) -5.10 -2.1 2 2.2 2.2 2.2
Core Inflation Rate (%) 1.30 0.8 1.5 2.5 2.5 2.5
Export Prices (points) 116.10 116 116 118 118 118
CPI Housing Utilities (points) 118.20 118 121 123 124 125
CPI Transportation (points) 90.00 112 114 116 105 118

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 2.00 2.5 2.5 2.5 2.75 3
Interbank Rate (%) 2.30 3.3 3.8 4.3 4.55 4.55
Money Supply M1 (MYR Million) 466194.27 423500 423500 437000 437000 437000
Money Supply M2 (MYR Million) 1986579.50 1890000 1890000 1960000 1960000 1960000
Money Supply M3 (MYR Million) 1994098.57 4.3 5.3 2042560 2040000 2138640
Foreign Exchange Reserves (USD Million) 104633.69 105900 107000 108700 108700 108700
Banks Balance Sheet (MYR Million) 2881179.66 2690000 2690000 2850000 2850000 2850000
Loans to Private Sector (MYR Million ) 1989404.69 1832369 1882087 2023897 2084288 2119020
Deposit Interest Rate (%) 3.10 3.1 3.6 2.9 4.6 2.9
Cash Reserve Ratio (%) 2.00 2 2 2 3 3
Central Bank Balance Sheet (MYR Million) 487622.06 440000 460000 460000 460000 460000

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (MYR Million) -3500.00 15100 18500 11200 11200 12200
Current Account (MYR Million) 9504.00 5500 10000 9500 9500 9100
Current Account to GDP (%) 2.30 2 2 2 2.1 2.1
Imports (MYR Million) 68400.00 63400 67000 75800 75800 75800
Exports (MYR Million) 64900.00 78500 85500 87000 87000 89000
External Debt (MYR Million) 975907.00 957500 965582 968000 968000 968000
Terms of Trade (points) 99.90 97.32 97.32 97.11 97.11 97.11
Tourism Revenues (MYR Million) 84135.20 83800 83800 84100 84100 84100
Tourist Arrivals 1991068.00 1300000 1400000 1800000 2000000 2350000
Gold Reserves (Tonnes) 38.90 37.4 37.4 37.8 37.8 37.8
Crude Oil Production (BBL/D/1K) 606.00 630 640 650 650 670
Foreign Direct Investment (MYR Million) 6370.73 11000 15000 15900 15900 15900

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 51.80 53 53 53 55 55
Government Budget (% of GDP) -3.70 -5.5 -5.5 -5.5 -6.9 -6.9
Government Budget Value (MYR Million) -17215.10 493800 493100 2800 2800 3900
Government Spending (MYR Million) 40525.00 37541 39267 55758 42511 58378
Government Revenues (MYR Million) 45321.50 556000 556000 66000 66000 68000
Fiscal Expenditure (MYR Million) 62536.60 62200 62900 63200 63200 64100
Military Expenditure (USD Million) 3208.00 3870 3870 3870 3870 3870

Taxes Actual Q2 Q3 Q4 Q1 2021
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 (%) 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 Q2 Q3 Q4 Q1 2021
Business Confidence (points) 85.50 70 72 76 78 85
Industrial Production (%) -4.90 3.2 2.8 4.8 4.8 4.8
Industrial Production Mom (%) 3.20 1.7 1.7 1.1 1.1 1.1
Manufacturing Production (%) 5.60 3.2 3.5 6.9 6.9 6.9
Changes in Inventories (MYR Million) -3203.00 -590 -590 -4610 -4610 -4610
Car Production (Units) 34977.00 35000 34000 42800 42800 42800
Car Registrations 58916.00 110000 76000 100000 100000 120000
Leading Economic Index (%) -4.90 1.5 0.5 1.8 1.8 1.8
Mining Production (%) 6.10 1 -3 1.6 1.6 1.6
Manufacturing Pmi (points) 45.60 43 48.2 49.2 49.7 49.4
Cement Production (Thousands of Tonnes ) 1183.00 1250 1400 1700 1700 1700
Coincident Index (points) 129.70 142 143 144 145 148

Consumer Actual Q2 Q3 Q4 Q1 2021
Consumer Confidence (points) 80.80 72 74 76 79 80
Consumer Spending (MYR Million) 212257.00 193522 211162 219830 222658 230162
Bank Lending Rate (%) 4.26 5.14 5.64 6.14 6.39 6.39
Retail Sales Mom (%) -9.90 3 0.8 2.7 2.7 2.7
Retail Sales Yoy (%) -6.60 6 6 6.9 6.9 6.9
Households Debt To GDP (% of GDP) 68.20 68.1 68.5 68.5 68.5 69
Gasoline Prices (USD/Liter) 0.32 0.31 0.3 0.28 0.27 0.26

Housing Actual Q2 Q3 Q4 Q1 2021
Housing Index (%) 0.80 2.5 2.2 3.7 3.7 5.7
Construction Output (%) -6.30 5 3 5 5 6


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.