Introduction
Background
The British secured and colonized the area that is now Malaysia during the late 18th and 19th centuries. In 1948, the British-ruled territories on the Malay Peninsula except Singapore formed the Federation of Malaya, which became independent in 1957. Malaysia was formed in 1963 when the former British colonies of Singapore, as well as Sabah and Sarawak on the northern coast of Borneo, joined the Federation. Singapore was expelled in 1965
Geography
Area
total: 329,847 sq km
land: 328,657 sq km
water: 1,190 sq km
Climate
tropical; annual southwest (April to October) and northeast (October to February) monsoons
Natural resources
tin, petroleum, timber, copper, iron ore, natural gas, bauxite
People and Society
Population
34,219,975 (2023 est.)
Ethnic groups
Bumiputera 62.5% (Malays and indigenous peoples, including Orang Asli, Dayak, Anak Negeri), Chinese 20.6%, Indian 6.2%, other 0.9%, non-citizens 9.8% (2019 est.)
Languages
Bahasa Malaysia (official), English, Chinese (Cantonese, Mandarin, Hokkien, Hakka, Hainan, Foochow), Tamil, Telugu, Malayalam, Panjabi, Thai; note - Malaysia has 134 living languages - 112 indigenous languages and 22 non-indigenous languages; in East Malaysia, there are several indigenous languages; the most widely spoken are Iban and Kadazan
Religions
Muslim (official) 61.3%, Buddhist 19.8%, Christian 9.2%, Hindu 6.3%, Confucianism, Taoism, other traditional Chinese religions 1.3%, other 0.4%, none 0.8%, unspecified 1% (2010 est.)
Population growth rate
1.01% (2023 est.)
Government
Government type
federal parliamentary constitutional monarchy
Capital
name: Kuala Lumpur; note - nearby Putrajaya is referred to as a federal government administrative center but not the capital; Parliament meets in Kuala Lumpur
Executive branch
chief of state: King Sultan ABDULLAH Sultan Ahmad Shah (since 24 January 2019); note - King MUHAMMAD V (formerly known as TUANKU Muhammad FARIS Petra) (selected on 14 October 2016; installed on 13 December 2016) resigned on 6 January 2019; the position of the king is primarily ceremonial, but he is the final arbiter on the appointment of the prime minister
head of government: Prime Minister ANWAR Ibrahim (since 25 November 2022)
Legislative branch
description: bicameral Parliament of Malaysia or Parlimen Malaysia consists of:
Senate or Dewan Negara (70 seats; 44 members appointed by the king and 26 indirectly elected by 13 state legislatures; members serve 3-year terms)
House of Representatives or Dewan Rakyat (222 seats; members directly elected in single-seat constituencies by simple majority vote to serve 5-year terms) (2016)
Economy
Economic overview
upper middle-income Southeast Asian economy; implementing key anticorruption policies; major electronics, oil, and chemicals exporter; trade sector employs over 40% of jobs; key economic equity initiative; high labor productivity
Real GDP (purchasing power parity)
$884.106 billion (2021 est.)
$857.588 billion (2020 est.)
$907.832 billion (2019 est.)
Real GDP per capita
$26,300 (2021 est.)
$25,800 (2020 est.)
$27,700 (2019 est.)
Agricultural products
oil palm fruit, rice, poultry, eggs, vegetables, rubber, coconuts, bananas, pineapples, pork
Industries
Peninsular Malaysia - rubber and oil palm processing and manufacturing, petroleum and natural gas, light manufacturing, pharmaceuticals, medical technology, electronics and semiconductors, timber processing; Sabah - logging, petroleum and natural gas production;Sarawak - agriculture processing, petroleum and natural gas production, logging
Remittances
0.42% of GDP (2021 est.)
0.42% of GDP (2020 est.)
0.44% of GDP (2019 est.)
Exports
$256.659 billion (2021 est.)
$208.217 billion (2020 est.)
$238.361 billion (2019 est.)
Exports - partners
Singapore 15%, China 14%, US 13%, Hong Kong 6%, Japan 6% (2021)
Exports - commodities
integrated circuits, refined petroleum, palm oil, rubber apparel, natural gas, semiconductors (2021)
Imports
$230.188 billion (2021 est.)
$186.613 billion (2020 est.)
$210.86 billion (2019 est.)
Imports - partners
China 29%, Singapore 11%, Japan 6%, US 6%, Taiwan 6% (2021)
Imports - commodities
integrated circuits, refined petroleum, crude petroleum, coal, gold, semiconductors (2021)
Exchange rates
ringgits (MYR) per US dollar -
Exchange rates:
4.143 (2021 est.)
4.203 (2020 est.)
4.142 (2019 est.)
4.035 (2018 est.)
4.3 (2017 est.)
Page last updated: Wednesday, December 06, 2023
