Gdp Per Capita Malaysia Vs Singapore

This page provides the latest reported value for.

Gdp per capita malaysia vs singapore. The gross domestic product per capita in malaysia was last recorded at 12478 20 us dollars in 2019. Expenditure gdp expenditure per capita 2018. Expenditure per capita expenditure per capita 2018. Accessed on 1 december 2019.

Gdp per capita in malaysia averaged 5388 58 usd from 1960 until 2019 reaching an all time high of 12478 20 usd in 2019 and a record low of 1354 usd in 1960. Gdp is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Malaysia is edging closer to regaining its economic lead over singapore after trailing for a third straight year. The economy depends heavily on exports.

It enjoys an open and corruption free environment stable prices and a per capita gdp higher than that of most developed countries. Here you have the comparison between malaysia vs singapore. As of 2019 the estimated average gdp per capita ppp of all of the countries of the. Gdp per capita is gross domestic product divided by midyear population.

This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita i e the purchasing power parity ppp value of all final goods and services produced within a country in a given year divided by the average or mid year population for the same year. Gdp per capita current us malaysia singapore east asia pacific world bank national accounts data and oecd national accounts data files. Unemployment is very low. Singapore has a highly developed and successful free market economy.

National accounts us at constant 2000 prices aggregate indicators gdp per capita constant 2000 us. Country comparison malaysia vs singapore gdp per capita euros 2020 country comparison you can compare any two countries and see the data side by side. Singapore vs malaysia gdp and gdp per capita growth summary singapore gdp during 1980 was 12 billion and gdp per capita was 5 004. Imf forecasts singapore gdp to reach 435 billion and gdp per capita to reach 73 619 by 2023 implying an increase of 36 times and 15 times respectively during the 43 year period.

Education expenditure p c education expenditure p c 2018. Selecting all countries gdp per capita current us world bank. Accessed on 1st of july 2020. Piercing the veil finance development june 2018 vol.