Contents
Introduction 3- Natural Resources 3
- Current economic situation 3
- Performance of the economy over the last decade 4
- Real GDP 4
- Real GDP Growth rate trend 5
- GDP per capita 6
- Unemployment rate 8
- Frictional 8
- Structural 8
- Cyclical 9
- Technological 9
- Seasonal 9
- Inflation Rate 10
- Conclusion 12
- Works Cited 13
Description
Malaysia possessing the fourth largest economy throughout Southeast Asia is the 35th in the entire world as well as the third richest nation by the GDP per capita values. Malaysia is an upper middle income country and is one of the most competitive economies in the world. International trade holds a very significant position in the economy of Malaysia. Malaysian Ringgit is the sole legal tender throughout the nation. In 2014, November 18th, 2014, the Ringgit was traded at Malaysian Ringgit 3.35 in US dollar.
