Malaysia vs South Korea: Economic Indicators Comparison

South Korea with a GDP of $1.6T ranked the 12th largest economy in the world, while Malaysia ranked 37th with $358.6B. By GDP 5-years average growth and GDP per capita, South Korea and Malaysia ranked 93rd vs 29th and 33rd vs 67th, respectively.

Gross Domestic Product & Income

StatMalaysiaSouth Korea
GDP$358.6B$1.6T
GDP growth, 1 year4.7%2.7%
GDP growth, 5-years average5.2%3%
Population31.6M51.5M
GDP per capita$11k$31k
GDP per capita growth3.33%2.33%
Purchasing Power Parity conversion factor1.44860.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.78
GDP per capita, PPP adjusted$31k$41k
GNI, Atlas method$333.8B$1.6T
GNI per capita$11k$31k
GNI, PPP adjusted$966.3B$2.1T
GNI per capita, PPP adjusted$31k$40k

Financial system and Human development

StatMalaysiaSouth Korea
Income Tax Rate25%42%
Corporate Tax Rate25%25%
Inflation, consumer prices1%1.5%
Inflation, GDP deflator0.7%0.3%
Unemployment3.4%3.8%
Economic Freedom Index74.774
Personal Freedom Index6.238.84
Human Freedom Index6.388.15
Property Rights Index86.582.5
Judical Effectiveness Index74.661
Business Freedom Index87.890.5
Fiscal Health Index80.296.7
Labor Freedom Index74.556.2
Investment Freedom Index6070
Financial Freedom Index5070
Trade Freedom Index8280
Monetary Freedom Index81.682.1
Government Spending Index84.667.7
Tax Burden Index85.763.9
Government Integrity Index49.467.5
Corruption Perceptions Index4757
Life expectancy at birth, years75.882.6
Suicide mortality rate, per 100,000 people5.526.9
Mortality caused by road traffic injury, per 100,000 people23.69.8
Intentional homicides, per 100,000 people2.10.6
International tourism, number of arrivals25.8M15.3M

Government debt & reserves

StatMalaysiaSouth Korea
Central government debt, % of GDP56.2%40.7%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI10%20.1%
Gross savings, % of GDP25.7%34.7%
Gross capital formation, % of GDP23.6%30.2%
Total reserves including gold$101.5B$403.1B
Foreign direct investment net inflows$8.6B$14.5B

Exports, imports and economic structure

StatMalaysiaSouth Korea
Exports of goods and services, % of GDP68.8%44%
Imports of goods and services, % of GDP61.7%39%
Current account balance (balance of payments)$7.6B$76.4B
Revenue excluding grants, % of GDP16.1%27.8%
Grants excluding technical cooperation, BoP$26.2M$6.7M
Personal remittances received$1.7B$7.1B
Industry including construction value added, % of GDP38.3%35.1%
Agriculture, forestry and fishing value added, % of GDP7.5%2%
Charges for the use of intellectual property, payments BoP$2B$9.9B
Charges for the use of intellectual property, receipts BoP$267.4M$7.8B
Expense, % of GDP15.9%25.4%
Government Expenditure, % of GDP22.6%32.8%

Compare with countries close by GDP per capita

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M

South Korea vs

CountryGDP
per capita
Population
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k