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C, NAM, OIC, OPCW, UN, UNAMSIL, UNCTAD, UNESCO, UNIDO, UNIKOM, UNMEE, UNMIBH, UNMIK, UNTAET, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: Ambassador GHAZZALI bin Sheikh Abdul Khalid chancery: Los Angeles and New York FAX: [1] (202) 483-7661 telephone: [1] (202) 328-2700 Diplomatic representation from the US: chief of mission: Ambassador Marie T. HUHTALA 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: 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 Economy Malaysia Economy - overview: Malaysia, a middle income country, transformed itself from 1971 through the late 1990s from a producer of raw materials into an emerging multi-sector economy. Growth is almost exclusively driven by exports - particularly of electronics - and, as a result Malaysia was hard hit by the global economic downturn and the slump in the Information Technology (IT) sector in 2001. GDP in 2001 grew only 0.3% due to an estimated 11% contraction in exports, but a substantial fiscal stimulus package has mitigated the worst of the recession and the economy is expected to grow by 2% to 3% in 2002 as the world economy rebounds. Kuala Lumpur's healthy foreign exchange reserves and relatively small external debt make it unlikely that Malaysia will experience a crisis similar to the crisis of 1997, but the economy remains vulnerable to a more protracted downturn in the US and Japan, top export destinations and key sources of foreign investment. GDP: purchasing power parity - $200 billion (2001 est.) GDP - real growth rate: 0.3% (2001 est.) GDP - per capita: purchasing power parity - $9,000 (2001 est.) GDP - composition by sector: agriculture: 12% industry: 40% services: 48% (2001) Population below poverty line: 8% (1998 est.) Household income or consumption by percentage share: lowest 10%: 1.7% highest 10%: 38.4% (1997 est.) Distribution of family income - Gini index: 49.2 (1997) Inflation rate (consumer prices): 1.5% (2001 est.) Labor force: 9.9 million (2001 est.) Labor force - by occupation: local tra
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