IBH, UNMIK, UNTAET,
UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador
GHAZZALI Sheikh Abdul Khalid
chancery: 2401 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 328-2700
FAX: [1] (202) 483-7661
consulate(s) general: Los Angeles and New York
Diplomatic representation from the US: chief of mission: Ambassador
B. Lynn PASCOE
embassy: 376 Jalan Tun Razak, 50400 Kuala Lumpur
mailing address: P. O. Box No. 10035, 50700 Kuala Lumpur; American
Embassy Kuala Lumpur, APO AP 96535-8152
telephone: [60] (3) 2168-5000
FAX: [60] (3) 2168-4961
Flag description: 14 equal horizontal stripes of red (top)
alternating with white (bottom); there is a blue rectangle in the
upper hoist-side corner bearing a yellow crescent and a yellow
fourteen-pointed star; the crescent and the star are traditional
symbols of Islam; the design was based on the flag of the US
Malaysia Economy
Economy - overview: GDP grew at 8.6% in 2000, mainly on the strength
of double-digit export growth and continued government fiscal
stimulus. As an oil exporter, Malaysia also benefited from higher
petroleum prices. Higher export revenues allowed the country to
register a current account surplus, but foreign exchange reserves
have been declining - from a peak of $34.5 billion in April 2000 to
$29.7 billion by December - as foreign investors pulled money out of
the country. Despite this development, Kuala Lumpur is unlikely to
abandon its currency peg soon. An economic slowdown in key Western
markets, especially the United States, and lower world demand for
electronics products will slow GDP growth to 3%-6% in 2001,
according to private forecasters. Over the longer term, Malaysia's
failure to make substantial progress on key reforms of the corporate
and financial sectors clouds prospects for sustained growth and the
return of critical foreign investment.
GDP: purchasing power parity - $223.7 billion (2000 est.)
GDP - real growth rate: 8.6% (2000 est.)
GDP - per capita: purchasing power parity - $10,300 (2000 est.)
GDP - composition by sector: agriculture: 14%
industry: 44%
services: 42% (2000)
Population below poverty line: 6.8% (1997 est.)
Household income or consumption by percentage share: lowest 10%:
1.4%
highest 10%: 20.4% (1997 est.)
Inflation rate (consumer prices): 1.7% (2000)
Labor force: 9.6 million (2000 est
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