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Economy Stats: compare key data on Malaysia & Saint Helena

Definitions

  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Currency: The national medium of exchange and its basic sub-unit.
  • Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
  • Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
  • GDP > Purchasing power parity: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • Labor force: This entry contains the total labor force figure.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • Economic aid > Recipient: This entry, which is subject to major problems of definition and statistical coverage, refers to the net inflow of Official Development Finance (ODF) to recipient countries. The figure includes assistance from the World Bank, the IMF, and other international organizations and from individual nation donors. Formal commitments of aid are included in the data. Omitted from the data are grants by private organizations. Aid comes in various forms including outright grants and loans. The entry thus is the difference between new inflows and repayments.
  • Trade > Exports to US: in US dollars. Jan 2003 - March 2003
  • Labor force > By occupation > Agriculture: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
    Additional details:
    • Gibraltar: negligible (2013)
  • Labor force > By occupation > Services: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
  • Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Oil > Proved reserves: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • Natural gas > Production: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Oil > Consumption: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Electricity > Consumption: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Oil > Consumption per thousand people: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Labor force > By occupation > Industry: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Oil > Production per thousand people: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
  • Trade balance with US: In US dollars. Jan 2003 - March 2003
  • Natural gas > Proved reserves per capita: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Figures expressed per capita for the same year.
  • Natural gas > Consumption: This entry is the total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Natural gas > Proved reserves: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
STAT Malaysia Saint Helena HISTORY
Agriculture > Products Peninsular Malaysia - palm oil, rubber, cocoa, rice; Sabah - palm oil, subsistence crops; rubber, timber; Sarawak - palm oil, rubber, timber; pepper coffee, corn, potatoes, vegetables; timber; fish, lobster; livestock
Budget > Expenditures $80.89 billion
Ranked 42nd. 3218 times more than Saint Helena
$25.14 million
Ranked 23th.
Budget > Revenues $67.31 billion
Ranked 44th. 6580 times more than Saint Helena
$10.23 million
Ranked 217th.
Currency ringgit Saint Helenian pound
Overview Malaysia, a middle-income country, has transformed itself since the 1970s from a producer of raw materials into an emerging multi-sector economy. Under current Prime Minister NAJIB, Malaysia is attempting to achieve high-income status by 2020 and to move farther up the value-added production chain by attracting investments in Islamic finance, high technology industries, biotechnology, and services. NAJIB's Economic Transformation Program (ETP) is a series of projects and policy measures intended to accelerate the country's economic growth. The government has also taken steps to liberalize some services sub-sectors. The NAJIB administration also is continuing efforts to boost domestic demand and reduce the economy''s dependence on exports. Nevertheless, exports - particularly of electronics, oil and gas, palm oil and rubber - remain a significant driver of the economy. As an oil and gas exporter, Malaysia has profited from higher world energy prices, although the rising cost of domestic gasoline and diesel fuel, combined with strained government finances, has forced Kuala Lumpur to begin to reduce government subsidies. The government is also trying to lessen its dependence on state oil producer Petronas. The oil and gas sector supplies about 35% of government revenue in 2011. Bank Negera Malaysia (central bank) maintains healthy foreign exchange reserves, and a well-developed regulatory regime has limited Malaysia''s exposure to riskier financial instruments and the global financial crisis. Nevertheless, Malaysia could be vulnerable to a fall in commodity prices or a general slowdown in global economic activity because exports are a major component of GDP. In order to attract increased investment, NAJIB has raised possible revisions to the special economic and social preferences accorded to ethnic Malays under the New Economic Policy of 1970, but he has encountered significant opposition, especially from Malay nationalists and other vested interests. The economy depends largely on financial assistance from the UK, which amounted to about $27 million in FY06/07 or more than twice the level of annual budgetary revenues. The local population earns income from fishing, raising livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK.
Exports $227.70 billion
Ranked 24th. 11984 times more than Saint Helena
$19.00 million
Ranked 7th.
Exports > Commodities semiconductors and electronic equipment, palm oil, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals, solar panels fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts
Fiscal year calendar year 1 April - 31 March
GDP > Per capita > PPP $16,800.00
Ranked 58th. 7 times more than Saint Helena
$2,500.00
Ranked 1st.

GDP > Purchasing power parity $494.70 billion
Ranked 29th. 27483 times more than Saint Helena
$18.00 million
Ranked 1st.

Imports $186.90 billion
Ranked 26th. 4153 times more than Saint Helena
$45.00 million
Ranked 13th.
Industries Peninsular Malaysia - rubber and oil palm processing and manufacturing, petroleum and natural gas, light manufacturing, pharmaceuticals, medical technology, electronics and semi-conductors, timber processing; Sabah - logging, petroleum and natural gas production; Sarawak - agriculture processing, petroleum and natural gas production, logging construction, crafts (furniture, lacework, fancy woodwork), fishing, philatelic sales
Inflation rate > Consumer prices 1.7%
Ranked 172nd.
3.2%
Ranked 1st. 88% more than Malaysia

Labor force 12
Ranked 117th. 6 times more than Saint Helena
2
Ranked 202nd.

Unemployment rate 3%
Ranked 103th.
14%
Ranked 2nd. 5 times more than Malaysia
Exchange rates ringgits (MYR) per US dollar -<br />3.09 (2012 est.)<br />3.06 (2011 est.)<br />3.22 (2010 est.)<br />3.52 (2009)<br />3.33 (2008) Saint Helenian pounds (SHP) per US dollar -<br />0.6388 (2010)<br />0.6175 (2009)<br />0.4993 (2007)<br />0.5418 (2006)<br />
GDP > CIA Factbook $207.80 billion
Ranked 38th. 11544 times more than Saint Helena
$18.00 million
Ranked 2nd.
Economic aid > Recipient $31.60 million
Ranked 114th. 3 times more than Saint Helena
$12.60 million
Ranked 30th.
Trade > Exports to US $5.46 billion
Ranked 12th. 2101 times more than Saint Helena
$2.60 million
Ranked 154th.
Labor force > By occupation > Agriculture 11.1%
Ranked 115th. 85% more than Saint Helena
6%
Ranked 141st.

Labor force > By occupation > Services 53.5%
Ranked 15th. 16% more than Saint Helena
46%
Ranked 1st.
Trade > Imports $174.30 billion
Ranked 22nd. 3873 times more than Saint Helena
$45.00 million
Ranked 56th.

Oil > Exports 644,900 bbl/day
Ranked 24th.
0.0
Ranked 205th.

Oil > Production 664,800 bbl/day
Ranked 27th.
0.0
Ranked 210th.

Trade > Exports $210.30 billion
Ranked 21st. 11068 times more than Saint Helena
$19.00 million
Ranked 49th.

Imports > Commodities electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts
Labor force per thousand people 0.000405
Ranked 157th.
0.26
Ranked 78th. 641 times more than Malaysia

Oil > Proved reserves 4 billion bbl
Ranked 25th.
0.0
Ranked 198th.

Natural gas > Production 58.6 billion cu m
Ranked 11th.
0.0
Ranked 190th.

Oil > Consumption 561,000 bbl/day
Ranked 30th. 5610 times more than Saint Helena
100 bbl/day
Ranked 209th.

Electricity > Consumption 93.8 billion kWh
Ranked 9th. 12608 times more than Saint Helena
7.44 million kWh
Ranked 165th.

Oil > Consumption per thousand people 19.84 bbl/day
Ranked 79th. 52% more than Saint Helena
13.04 bbl/day
Ranked 107th.
Labor force > By occupation > Industry 36%
Ranked 12th.
48%
Ranked 3rd. 33% more than Malaysia

Electricity > Production 101.1 billion kWh
Ranked 26th. 12638 times more than Saint Helena
8 million kWh
Ranked 133th.

Oil > Production per thousand people 23.51 bbl/day
Ranked 33th.
0.0
Ranked 209th.
Oil > Imports 355,300 bbl/day
Ranked 29th. 4180 times more than Saint Helena
85 bbl/day
Ranked 197th.

Trade balance with US $-3,209,000,000.00
Ranked 215th. 2006 times more than Saint Helena
$-1,600,000.00
Ranked 120th.
Natural gas > Proved reserves per capita 81,713.64 cu m
Ranked 20th.
0.0
Ranked 197th.

Natural gas > Consumption 29.07 billion cu m
Ranked 24th.
0.0
Ranked 191st.

Natural gas > Proved reserves 2.35 trillion cu m
Ranked 15th.
0.0
Ranked 199th.

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; CIA World Factbooks 2010, 2011, 2012, 2013; CIA World Factbook 2010, 2011, 2012, 2013; US Census Bureau; CIA World Factbooks 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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