Malaysia - A country profile

Malaysia - A country profile

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This article provides an overview of Malaysia for those keen on exploring the possibility of living and working there. The information presented is gathered from open sources and is not exhaustive or meant to supplement or substitute legal and professional advice.

Key facts

  • Capital: Kuala Lumpur1
  • Geography: 13 states and 3 federal territories2
  • Land area: 330,524 sq km3
  • Population (2020): 32.7 million4
  • Head of government: Prime Minister Tan Sri Dato’ Haji Muhyiddin bin Haji Mohd. Yassin5
  • National language: Bahasa Malaysia6
  • Currency: Malaysian Ringgit (MYR)7
  • GDP (2019): MYR1,510.7 billion8
  • GDP per capita (2019): MYR46,4509

Introduction

Malaysia comprises two regions: the Peninsular Malaysia and the states of Sabah and Sarawak. It is a multi-ethnic and multi-religious federation of 13 states and three federal territories.10 The states of East Malaysia (Sabah and Sarawak) have separate immigration policies and controls.11

Demographic profile

In 2020, the population in Malaysia is estimated at 32.7 million, with 29.7 million citizens and 2.96 million non-citizens. The population grew 0.4 percent, an increase from the 32.5 million recorded in 2019. The population of males outnumbers that of females: in 2020, the gender ratio is 1.06 male to one female. The Malaysian population comprises many ethnic groups. In 2020, more than 69 percent of the population were Bumiputera, which included Malays, Orang Asli, and Sabah and Sarawak natives.12

Economic profile

Malaysia’s economy grew at a moderate rate of 4.3 percent in 2019, attaining a gross domestic product (GDP) of MYR1,510.7 billion. Growth was led by the services sector, which contributed to 57.7 percent to GDP, followed by the manufacturing (22.3 percent) and agriculture sectors (8.2 percent).13 The country’s GDP per capita rose from MYR44,682in 2018 to MYR46,450 in 2019.14

Industry

Malaysia’s services industry grew by 6.1 percent from the previous year in 2018, led by wholesale and retail trade and information and communication sub-sectors.15

The manufacturing industry became a significant contributor to the country’s economy in the post-independence period beginning in the 1960s.16 In 2019, the manufacturing industry recorded a 3.8 percent growth. Leading Malaysia’s manufacturing industry is the electrical, electronic and optical products sector.17

The agriculture sector is another important sector in Malaysia’s economic development. It provides rural employment, uplift rural incomes and ensure national food security.18 In 2019, the agriculture industry expanded two percent and contributed 7.1 percent to the country’s GDP. The growth is influenced by the oil palm, livestock and other agriculture sub-sectors. Some of Malaysia’s agricultural products are palm oil, rice and rubber.19

Tourism

Malaysia’s attractions include towering skyscrapers, rugged mountains, sandy beaches and cool highland hideaways.20 The Petronas Twin Towers, also known as KLCC, is an iconic 88-storey twin building located in the capital Kuala Lumpur and is a popular tourist photography spot.21 Mount Kinabalu, located in Sabah, is the highest mountain in Southeast Asia, standing at 4,095 metres and well-known for its botanical and biological species biodiversity.22 Malaysia is also home to many beautiful islands such as Pulau Tioman and Pulau Sipadan, which are popular among snorkelers and divers.22 Its diverse culture also makes the country a “gastronomical paradise” which attracts visitors.23

In 2019, tourism brought 26.1 million international tourist arrivals who contributed MYR240.2 billion (or 15.9 percent) to the country’s GDP.24 Tourist arrivals in 2019 were dominated by visitors from Singapore with 10.16 million arrivals, followed by Indonesia (3.62 million arrivals) and China (3.11 million arrivals).25

References

  1. Country. (2017). Tourism Malaysia. Retrieved October 10, 2018, from http://www.malaysia.travel ↩

  2. About Malaysia. (2017). Tourism Malaysia. Retrieved October 10, 2018, from http://www.malaysia.travel ↩

  3. Malaysia statistical handbook (p. 1). (2019, October). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  4. Current population estimates, Malaysia, 2020. (2020, July 15). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  5. Biography. (2020). Prime Minister’s Office of Malaysia. Retrieved November 18, 2020, from https://www.pmo.gov.my/ ↩

  6. Official language. (2020). MyGovernment. Retrieved November 18, 2020, from https://www.malaysia.gov.my/ ↩

  7. Currency. (2020). MyGovernment. Retrieved November 18, 2020, from http://www.malaysia.gov.my ↩

  8. Malaysia economic performance 2019. (2020, May 13). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  9. My local stats 2019 publication. (2020, October 19). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  10. About Malaysia. (2009, December 31). Ministry of Foreign Affairs, Malaysia. Retrieved November 18, 2020, from https://www.kln.gov.my ; Demography of population. (n.d.). MyGovernment. Retrieved November 18, 2020, from https://www.malaysia.gov.my ↩

  11. Malaysia: East Malaysia immigration requirements and practices. (2017, February). PwC. Retrieved November 18, 2020, from https://www.gmsasia.pwc.com ↩

  12. Gross domestic product 2016. (2017, May 19). Department of Statistics Malaysia. Retrieved October 20, 2017, from https://www.dosm.gov.my ↩

  13. Malaysia economic performance 2019. (2020, May 13). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  14. My local stats 2019 publication. (2020, October 19). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my; My local stats 2018 publication. (2019, August 8). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  15. Malaysia economic performance 2019. (2020, May 13). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  16. Lee, C. (2019, February). Manufacturing performance and services inputs: Evidence from Malaysia. ISEAS Yusof Ishak Institute Economics Working Paper No. 2019-02. Retrieved November 18, 2020, from https://www.iseas.edu.sg; ↩

  17. Malaysia economic performance 2019. (2020, May 13). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ↩

  18. Rozhan Abu Dardak. (2015, February 4). Transformation of agricultural sector in Malaysia through agricultural policy. Food and Fertilizer Technology for the Asian and Pacific Region. Retrieved November 18, 2020, from https://ap.fftc.org.tw ↩

  19. Selected agricultural indicators, Malaysia, 2020. (2020, November 270. Department of Statistics Malaysia. Retrieved November 28, 2020, from https://www.dosm.gov.my ↩

  20. About Malaysia. (2020). Prince Court. Retrieved November 18, 2020, from https://princecourt.com ↩

  21. The majestic Petronas Twin Towers. (n.d.). Malaysia Truly Asia. Retrieved November 18, 2020, from http://www.malaysia.travel ↩

  22. Conquer the tallest peak of South East Asia. (n.d.). Malaysia Truly Asia. Retrieved November 18, 2020, from http://www.malaysia.travel ↩ ↩2

  23. 20 reasons to visit Malaysia in 2020. (2020). Malaysia Truly Asia. Retrieved November 18, 2020, from http://www.malaysia.travel ↩

  24. Tourism satellite account 2019. (2020, September 18). Department of Statistics Malaysia. Retrieved November 18, 2020, from https://www.dosm.gov.my ; Malaysia tourism statistics in brief. (2020). Tourism Malaysia. Retrieved November 18, 2020, from http://www.tourism.gov.my ↩

  25. Arrivals by country. (2020). My Tourism Data. Retrieved November 18, 2020, from http://mytourismdata.tourism.gov.my ↩

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