Malaysia: Recent Economic Developments
January 15, 1994
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This paper describes economic developments in Malaysia during the 1990s. Real output growth strengthened to 8½ percent in 1993 from 7¾ percent in the previous year. In contrast to 1992, however, growth in output was driven exclusively by domestic demand, with all components recording stronger growth in 1993 than in the previous year. Consumption spending grew by 7¾ percent in 1993, up from 2¾ percent in 1992. Fuelled by higher real wages and the positive wealth effect of higher equity prices, real private consumption rose by 7½ percent in 1993, compared with 2½ percent in 1992.
Subject: Economic sectors, Exports, Imports, International trade, Manufacturing, Public enterprises, Public sector
Keywords: composite index, CR, export, Exports, firm, FTZ, Global, Imports, ISCR, Malaysia, managed float, Manufacturing, privatized public enterprises, public enterprise, public enterprise spending, Public enterprises, Public sector, Southeast Asia
Pages:
121
Volume:
1994
DOI:
Issue:
004
Series:
Country Report No. 1994/004
Stock No:
1MYSEA0011994
ISBN:
9781451828214
ISSN:
1934-7685
Notes
This report on recent economic developments in Malaysia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
