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Malaysia Economic Growth

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Malaysia is a developing economy in Asia, which, in recent years, has successfully transformed from an exporter of raw materials into a diversified economy. The largest sector of the economy is the tertiary sector accounting for around 54% of GDP. Malaysia's secondary sector has been growing in recent years and now accounts for 25 percent of GDP and more than 60% of total exports. Primary industries like agriculture, mining and quarrying constitutes 18% of GDP.

Malaysia is well-endowed with natural resources in areas such as agriculture, forestry and minerals, which is why it is an exporter of natural and agricultural resources. At one time, it was the largest producer of ...

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