HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
Flag of Malaysia
flag — Malaysia
Nation by Nation

Malaysia

Economy

$422.2 billion
GDP
World Bank · 2024
$11,874
GDP / Capita
World Bank · 2024
+5.1%
GDP Growth
World Bank · 2024
3.8%
Unemployment
World Bank · 2024

Malaysia is an upper-middle-income, export-oriented economy that has diversified from commodities into manufacturing and services, becoming one of Southeast Asia's most developed nations.

Growth is driven by electronics, a key node in global semiconductor supply chains, alongside palm oil and energy, as Malaysia aims to escape the 'middle-income trap' and reach high-income status.

Key Sectors

Key sectors include electronics and semiconductors, palm oil (Malaysia is a top global producer), oil and natural gas, tourism, and Islamic finance.

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