Malaysia and ADB
In the Spotlight
The growth outlook for developing Asia and the Pacific remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, ADB says in a new report.
The Key Indicators for Asia and the Pacific 2014 presents the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB. Download the statistical tables for Malaysia.
ASEAN countries plan to launch a single market for goods, services, capital and labor, potentially one of the largest economies and markets in the world.
Malaysia is a middle-income country with a record of strong economic performance and poverty reduction. It has largely achieved its Millennium Development Goals for income, poverty, primary education, gender, and health well ahead of the 2015 target.
ADB aims to establish a role consistent with Malaysia’s middle-income status and development programs, combining nonsovereign operations and reimbursable technical assistance modalities to support Malaysia’s efforts toward a business-friendly environment.
29.95(2013) Population in millions
1.7%(2008-2013) Average annual population growth rate
1.7%(2012) Population living below the national poverty line