y. Kuala Lumpur also announced
an expansionary budget for 1999 to combat rising unemployment.
Malaysia continues to seek funding from domestic and international
sources to help finance its budget deficit and recapitalize its
weakened banking sector.
GDP: purchasing power parity--$215.4 billion (1998 est.)
GDP--real growth rate: -7% (1998 est.)
GDP--per capita: purchasing power parity?$10,300 (1998 est.)
GDP--composition by sector:
agriculture: 13%
industry: 46%
services: 41% (1997 est.)
Population below poverty line: 15.5% (1989 est.)
Household income or consumption by percentage share:
lowest 10%: 1.9%
highest 10%: 37.9% (1989)
Inflation rate (consumer prices): 5.3% (1998)
Labor force: 8.398 million (1996 est.)
Labor force--by occupation: manufacturing 25%, agriculture,
forestry, and fisheries 21%, local trade and tourism 17%, services
12%, government 11%, construction 8% (1996)
Unemployment rate: 2.6% (1996 est.)
Budget:
revenues: $22.6 billion
expenditures: $22 billion, including capital expenditures of $5.3
billion (1996 est.)
Industries: Peninsular Malaysia--rubber and oil palm processing
and manufacturing, light manufacturing industry, electronics, tin
mining and smelting, logging and processing timber; Sabah--logging,
petroleum production; Sarawak--agriculture processing, petroleum
production and refining, logging
Industrial production growth rate: 14.4% (1995)
Electricity--production: 48 billion kWh (1996)
Electricity--production by source:
fossil fuel: 83.33%
hydro: 16.67%
nuclear: 0%
other: 0% (1996)
Electricity--consumption: 47.977 billion kWh (1996)
Electricity--exports: 174 million kWh (1996)
Electricity--imports: 151 million kWh (1996)
Agriculture--products: Peninsular Malaysia?rubber, palm oil, rice;
Sabah--subsistence crops, rubber, timber, coconuts, rice;
Sarawak--rubber, pepper; timber
Exports: $74.3 billion (f.o.b., 1998)
Exports--commodities: electronic equipment, petroleum and
petroleum products, palm oil, wood and wood products, rubber,
textiles
Exports--partners: US 21%, Singapore 20%, Japan 12%, Hong Kong 5%,
UK 4%, Thailand 4%, Germany 3% (1995)
Imports: $59.3 billion (f.o.b., 1998)
Imports--commodities: machinery and equipment, chemicals, food
Imports--partners: Japan 27%, US 16%, Singapore 12%, Taiwan 5%,
Germany 4%, South Korea 4% (1995)
Debt--external: $39.8 billion (1
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