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Malaysia has a low official unemployment rate of 3.9%. [195] Its foreign exchange reserves are the world's 24th-largest. [196] It has a labour force of about 15 million, which is the world's 34th-largest. [197] Malaysia's large automotive industry ranks as the world's 22nd-largest by production. [198]
History of Malaysia. Malaysia is a modern concept, created in the second half of the 20th century. However, contemporary Malaysia regards the entire history of Malaya and Borneo, spanning thousands of years back to prehistoric times, as its own history.
The average household income of Malaysia increased by 18% to RM5,900 a month, compared to RM5,000 in 2012. According to a HSBC report in 2012, Malaysia will become the world's 21st largest economy by 2050, with a GDP of $1.2 trillion (Year 2000 dollars) and a GDP per capita of $29,247 (Year 2000 dollars).
June 26, 2024 at 1:11 PM. The US Justice Department has reached an agreement with fugitive financier Jho Low to return more than $100m (£79m) allegedly embezzled from Malaysia’s state-owned ...
History of Malaysia. Since its formation in 1963, Malaysia 's economic performance has been one of Asia's best. Real gross domestic product (GDP) grew by an average of 6.5% per year from 1957 to 2005. Performance peaked in the early 1980s through the mid-1990s, as the economy experienced sustained rapid growth averaging almost 8% annually.
Official. Malay. The demographics of Malaysia are represented by the multiple ethnic groups that exist in the country. The official estimate of 2024 Malaysia's population is about 34,564,810 people. [ 1] According to the 2020 census, is 32,447,385 including non-citizens, which makes it the 43rd most populated country in the world. [ 2]
Kuala Lumpur is the most populous city in Malaysia, with a population of 2.076 million in the city proper as of 2024. It has a population density of 8,157 inhabitants per square kilometre (21,130/sq mi), and is the most densely populated administrative district in Malaysia. [ 2]
Politics of Malaysia. Politics of Malaysia takes place in the framework of a federal representative democratic constitutional monarchy, in which the Yang di-Pertuan Agong is head of state and the Prime Minister of Malaysia is the head of government. Executive power is exercised by the federal government and the 13 state governments.