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Individual Assignment Infographic

Malaysia's economic indicators including GDP per capita growth rate, unemployment rate, and inflation rate are shown from 2008-2022. The unemployment rate peaked at 5.44% in 2020 while inflation reached its highest at 5.44% in 2008. GDP per capita growth rate was highest at 23.89% in 2010 but lowest at -14.09% in 2009. Over the past 15 years, a 1% increase in unemployment or inflation correlated with a 1% decrease in GDP growth, while a 1% decrease in unemployment or inflation led to a 1% decrease in GDP growth. The document also lists factors influencing these economic indicators such as global economic situations, technology, and government policies.

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17 views

Individual Assignment Infographic

Malaysia's economic indicators including GDP per capita growth rate, unemployment rate, and inflation rate are shown from 2008-2022. The unemployment rate peaked at 5.44% in 2020 while inflation reached its highest at 5.44% in 2008. GDP per capita growth rate was highest at 23.89% in 2010 but lowest at -14.09% in 2009. Over the past 15 years, a 1% increase in unemployment or inflation correlated with a 1% decrease in GDP growth, while a 1% decrease in unemployment or inflation led to a 1% decrease in GDP growth. The document also lists factors influencing these economic indicators such as global economic situations, technology, and government policies.

Uploaded by

michellbungan02
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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MALAYSIA’S ECONOMIC INDICATORS

GDP PER CAPITA


GROWTH RATE (%)

UNEMPLOYMENT
RATE (%)

INFLATION RATE (%) MALAYSIA’S UNEMPLOYMENT RATE,


INFLATION RATE & GDP
(2008-2022)

4.54% 2.88% UNEMPLOYMENT


Highest unemployment rate Lowest unemployment
which is in 2020 RATE (%)
rate which is in 2014

5.44% -1.14% INFLATION


Highest inflation rate Lowest inflation rate which RATE (%)
which is in 2008 is in 2020

23.89% -14.09% GDP PER CAPITA


Highest GDP per capita Lowest GDP per capita GROWTH RATE (%)
growth rate which is in 2010 growth rate which
is in 2009

Over the last 15 years, from 2008 to 2022, show increasing 1% in both unemployment rate
and inflation rate influenced the GDP per capita growth rate to decrease. 1%.
.
While decreasing in 1% in both unemployment rate and inflation rate lead to decrease
1% of GDP per capita growth rate.

Type of Unemployment Types of inflation rate in An annual GDP per capita


rate in Malaysia; Malaysia; growth rate above 3% is
Cyclical, Structural and Moderate inflation, very good, 2%-3% is
Frictional Galloping inflation, Hyper considered normal and
inflation, Demand pull lower than 2% considered
inflation, Cosh-pull inflation slow

EXTERNAL FACTORS THAT INFLUENCE CHANGES IN GDP


GROWTH RATE

Global Economic Technology


Sitaution Advancement

Geopolitical Eventl

GOVERNMENT POLICIES
Malaysia's fiscal policy-driven government spending, including social programs,
infrastructure projects, and creative endeavors, directly impacts employment
Fiscal policy can decrease unemployment and mitigate price increases, particularly
for vulnerable segments.
Labor market policy, implemented through skill development, aims to enhance
workforce competencies, potentially reducing Malaysia's unemployment rate

INFLATION UNEMPLOYMENT GDP GROWTH


RATE RATE RATE

MICHELL BUNGAN MICHAEL (87145)FEB


UNIMAS

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