Skip to content

Malaysia vs the Philippines: Economic Indicators Comparison

Malaysia with a GDP of $358.6B ranked the 37th largest economy in the world, while the Philippines ranked 40th with $330.9B. By GDP 5-years average growth and GDP per capita, Malaysia and the Philippines ranked 29th vs 21st and 67th vs 134th, respectively.

Gross Domestic Product & Income

StatMalaysiaPhilippines
GDP$358.6B$330.9B
GDP growth, 1 year4.7%6.2%
GDP growth, 5-years average5.2%6.4%
Population31.6M101M
GDP per capita$11k$3.1k
GDP per capita growth3.33%4.77%
Purchasing Power Parity conversion factor1.4418.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.35
GDP per capita, PPP adjusted$31k$8.9k
GNI, Atlas method$333.8B$408.8B
GNI per capita$11k$3.8k
GNI, PPP adjusted$966.3B$1.1T
GNI per capita, PPP adjusted$31k$11k

Financial system and Human development

StatMalaysiaPhilippines
Income Tax Rate25%35%
Corporate Tax Rate25%30%
Inflation, consumer prices1%5.2%
Inflation, GDP deflator0.7%3.8%
Unemployment3.4%2.5%
Economic Freedom Index74.764.5
Personal Freedom Index6.237.06
Human Freedom Index6.386.92
Property Rights Index86.554.6
Judical Effectiveness Index74.634.2
Business Freedom Index87.859.5
Fiscal Health Index80.296.3
Labor Freedom Index74.557.4
Investment Freedom Index6060
Financial Freedom Index5060
Trade Freedom Index8281.6
Monetary Freedom Index81.666.9
Government Spending Index84.687.9
Tax Burden Index85.776.7
Government Integrity Index49.438.7
Corruption Perceptions Index4736
Life expectancy at birth, years75.871
Suicide mortality rate, per 100,000 people5.53.2
Mortality caused by road traffic injury, per 100,000 people23.612.3
Intentional homicides, per 100,000 people2.18.4
International tourism, number of arrivals25.8M7.2M

Government debt & reserves

StatMalaysiaPhilippines
Central government debt, % of GDP56.2%39.6%
External debt stocks, % of GNIN/A19.9%
External debt stocksN/A$78.8B
Short-term debt, % of total reservesN/A20.3%
Total debt service, % of exports and primary incomeN/A8.7%
Adjusted net savings including particulate emission damage, % of GNI10%28.5%
Gross savings, % of GDP25.7%42.4%
Gross capital formation, % of GDP23.6%26.9%
Total reserves including gold$101.5B$79.2B
Foreign direct investment net inflows$8.6B$9.8B

Exports, imports and economic structure

StatMalaysiaPhilippines
Exports of goods and services, % of GDP68.8%31.7%
Imports of goods and services, % of GDP61.7%44.4%
Current account balance (balance of payments)$7.6B-$8.7B
Revenue excluding grants, % of GDP16.1%16.3%
Grants excluding technical cooperation, BoP$26.2M$436.5M
Personal remittances received$1.7B$33.8B
Industry including construction value added, % of GDP38.3%30.7%
Agriculture, forestry and fishing value added, % of GDP7.5%9.3%
Charges for the use of intellectual property, payments BoP$2B$917M
Charges for the use of intellectual property, receipts BoP$267.4M$44.1M
Expense, % of GDP15.9%14.9%
Government Expenditure, % of GDP22.6%20.1%

Compare with countries close by GDP per capita

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M

Philippines vs

CountryGDP
per capita
Population
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M