IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL MALAYSIA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Kuala Lumpur

2016 2017 2018 2019 2020

330 2019

4.142 2019 32.60 2019 364.7 2019 33,017 2019 4.3 2019 0.66 2019 3.30 2019 15.58 2019 13.64 2019 152.5 2018 2.39 2018

Exchange Rate (per $)

19

22

22

24

27

25

Population - market size (millions)

CHALLENGES IN 2020 Minimising the impact of Covid-19 to economic, social and environment with sound policies. • Minimising the impact of Covid-19 to economic, social and environment with sound policies. • Accelerating workforce up-skilling with application of strong online platform mechanism. • Strengthening productivity and competitiveness through change of mindset and creativity. • Strengthening infrastructure development to push for economic recovery. • Intensifying the adoption of fourth industrial revolution technologies for SMEs as game changer.

34

Gross Domestic Product (GDP) (US$ billions)

39

GDP (PPP) per capita (US$)

8

Real GDP growth (%)

14

Consumer price inflation (%)

9

Unemployment rate (%)

26

Labor force (millions)

2

Current account balance (% of GDP)

33

Direct investment stocks inward ($bn)

Malaysia Productivity Corporation (MPC), Petaling Jaya, Selangor Provided by: Malaysia Productivity Corporation (MPC), Petaling Jaya, Selangor

28

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

1

9

9

13

16

17

23

23

29

30

32

32

32

33

35

36

37

39

44

49

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (29 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

7

7

8

8

6

6

10

7

7

8

88

IMD WORLD COMPETITIVENESS BOOKLET 2020