Largest contributor of country's economy are rubber plantations and oil
palm Natural resources : tin, petroleum, timber, copper, iron ore, natural
gas, bauxite.
Unit of Currency : 1 Malaysian Ringgit is equivalent to 100sen.
Coins are issued in denominations : 1 sen, 5 sen, 10 sen, 20 sen, 50sen
and RM1.00.
Currency notes : RM1, RM2, RM 5, RM10, RM 20, RM50, RM100, RM500 and
RM 1,000.
GDP: US$290 billion (2005)
GDP Growth : 7.4 % (2004)
GDP per capita : $11,160 (2005)
Inflation: 3.5 %
Major products/industries: Tin, rubber, palm oil, timber, oil, textiles,
electronics
Exports : $140bn (2005)
Main trading partners: United States 19.6%, Singapore 15.7%, Japan 10.7%,
China 6.5%, HongKong 6.5%, Thailand 4.4% (2003)
Imports : $110 bn (2005)
Main Partners: Japan 17.3%, United States 15.5%, Singapore 11.9%, China
8.8%, South Korea 5.5%, Taiwan 5%, Germany 4.7%, Thailand 4.6% (2003) |
