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Malaysia vs Trinidad and Tobago: Economic Indicators Comparison

Malaysia with a GDP of $358.6B ranked the 37th largest economy in the world, while Trinidad and Tobago ranked 113rd with $23.8B. By GDP 5-years average growth and GDP per capita, Malaysia and Trinidad and Tobago ranked 29th vs 175th and 67th vs 53rd, respectively.

Gross Domestic Product & Income

StatMalaysiaTrinidad and Tobago
GDP$358.6B$23.8B
GDP growth, 1 year4.7%0.3%
GDP growth, 5-years average5.2%-1.5%
Population31.6M1.3M
GDP per capita$11k$17k
GDP per capita growth3.33%-0.66%
Purchasing Power Parity conversion factor1.443.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.54
GDP per capita, PPP adjusted$31k$32k
GNI, Atlas method$333.8B$22.2B
GNI per capita$11k$16k
GNI, PPP adjusted$966.3B$43.1B
GNI per capita, PPP adjusted$31k$31k

Financial system and Human development

StatMalaysiaTrinidad and Tobago
Income Tax Rate25%25%
Corporate Tax Rate25%25%
Inflation, consumer prices1%1.1%
Inflation, GDP deflator0.7%6.1%
Unemployment3.4%2.8%
Economic Freedom Index74.758.3
Personal Freedom Index6.236.88
Human Freedom Index6.386.81
Property Rights Index86.556.6
Judical Effectiveness Index74.642.1
Business Freedom Index87.867.3
Fiscal Health Index80.215.9
Labor Freedom Index74.576
Investment Freedom Index6060
Financial Freedom Index5050
Trade Freedom Index8267.8
Monetary Freedom Index81.677.4
Government Spending Index84.666.5
Tax Burden Index85.782.6
Government Integrity Index49.437.4
Corruption Perceptions Index4741
Life expectancy at birth, years75.873.2
Suicide mortality rate, per 100,000 people5.513.6
Mortality caused by road traffic injury, per 100,000 people23.612.1
Intentional homicides, per 100,000 people2.130.9
International tourism, number of arrivals25.8M375k

Government debt & reserves

StatMalaysiaTrinidad and Tobago
Central government debt, % of GDP56.2%45.3%
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%N/A
Gross savings, % of GDP25.7%N/A
Gross capital formation, % of GDP23.6%N/A
Total reserves including gold$101.5B$8.1B
Foreign direct investment net inflows$8.6B-$602.5M

Exports, imports and economic structure

StatMalaysiaTrinidad and Tobago
Exports of goods and services, % of GDP68.8%N/A
Imports of goods and services, % of GDP61.7%N/A
Current account balance (balance of payments)$7.6B$1.2B
Revenue excluding grants, % of GDP16.1%38.4%
Grants excluding technical cooperation, BoP$26.2M$2.4M
Personal remittances received$1.7B$138.7M
Industry including construction value added, % of GDP38.3%42%
Agriculture, forestry and fishing value added, % of GDP7.5%1%
Charges for the use of intellectual property, payments BoP$2B$63.9M
Charges for the use of intellectual property, receipts BoP$267.4M$882k
Expense, % of GDP15.9%35.9%
Government Expenditure, % of GDP22.6%33.4%

Compare with countries close by GDP per capita

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.41M
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
Lebanon
$8.3k
4.47M

Trinidad and Tobago vs

CountryGDP
per capita
Population
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
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