AAMEG Sundowner Event in Cape Town Ahead of Mining Indaba 2026
October 15, 2025
ANDAMAN PARTNERS is pleased to sponsor and support the AAMEG Pre-Indaba Cocktail.
Profile in Brief
NOTE: This is a brief summary of the full Country Profile, which can be viewed or downloaded at the link below.
Malaysia’s USD 420 billion economy had a real GDP growth rate of 5.1% in 2024, supported by robust domestic consumption, infrastructure investments and a recovery in the manufacturing sector.
Malaysia has a total land area of 328,000 square kilometres.
Government is a parliamentary democracy with a constitutional monarchy.
Economy at a Glance
GDP Overview (2024)
Following a contraction in 2020, Malaysia’s economy rebounded strongly in 2021-2022 with 8.9% growth in 2022, driven by a recovery in exports, manufacturing and domestic demand. The country’s GDP per capita is substantially higher than neighbouring economies and rising rapidly.
From 2013 to 2023, Malaysia saw modest yet steady progress in its labour market, with unemployment declining from about 3.1% to 3.8%, while inflation eased significantly from a peak of 3.3% down to 1.8%, reflecting subdued price pressures.
Malaysia’s central government debt reached 64% of GDP by 2023, while household consumption surged to about USD 242 billion, highlighting the resilience of private demand amid rising public liabilities.
Trade Profile (2024)
Malaysia’s total trade surged to USD 629 bn in 2024, reflecting a significant recovery and expansion in both exports and imports, with Metals, Electronics & Machinery as the most prominent trade category.
Leading export partners (2024): Singapore (USD 50.4 billion), U.S. (USD 43.4 billion), China (USD 41.0 billion).
Leading import partners (2024): China (USD 64.8 billion), Singapore (USD 36.1 billion), U.S. (USD 27.6 billion).
To download the full Country Profile, please see the option below.
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.
News & Events
ANDAMAN PARTNERS to Attend Future Minerals Forum 2026 in Riyadh, Saudi Arabia
October 14, 2025
ANDAMAN PARTNERS Co-Founders Kobus van der Wath and Rachel Wu will attend the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia.
ANDAMAN PARTNERS to Attend Investing in African Mining Indaba 2026 in Cape Town
October 14, 2025
ANDAMAN PARTNERS Co-Founders Kobus van der Wath and Rachel Wu will attend Investing in African Mining Indaba 2026 in Cape Town, South Africa.
Knowledge
China’s Provincial Wealth in Global Context: From Beijing Rivalling Japan to Gansu Matching Moldova
November 11, 2025
Comparing the GDP per capita of China’s provinces with those of world economies reveals a full spectrum, from advanced to developing country levels.
Who Buys What From China? Five Largest Export Destinations By Category and Product
November 10, 2025
Of China’s USD 3.6 trillion in exports in 2024, these were the top five export categories and products—and the largest buyers for each.
The Four Export Clusters Producing 80% of China’s Exports
November 8, 2025
ANDAMAN PARTNERS presents a summary of China’s four major export clusters.