Malaysia vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Malaysia ranked 37th with $358.6B. By GDP 5-years average growth and GDP per capita, Venezuela and Malaysia ranked 181st vs 29th and 58th vs 67th, respectively.

Gross Domestic Product & Income

StatMalaysiaVenezuela
GDP$358.6B$482.4B
GDP growth, 1 year4.7%-18%
GDP growth, 5-years average5.2%-12.2%
Population31.6M28.5M
GDP per capita$11k$16k
GDP per capita growth3.33%-18.17%
Purchasing Power Parity conversion factor1.445.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.89
GDP per capita, PPP adjusted$31k$8.8k
GNI, Atlas method$333.8B$392.9B
GNI per capita$11k$13k
GNI, PPP adjusted$966.3B$352.8B
GNI per capita, PPP adjusted$31k$12k

Financial system and Human development

StatMalaysiaVenezuela
Income Tax Rate25%34%
Corporate Tax Rate25%34%
Inflation, consumer prices1%929789.5%
Inflation, GDP deflator0.7%748.1%
Unemployment3.4%8.4%
Economic Freedom Index74.725.2
Personal Freedom Index6.236.33
Human Freedom Index6.385.27
Property Rights Index86.510.1
Judical Effectiveness Index74.612.6
Business Freedom Index87.830.8
Fiscal Health Index80.20
Labor Freedom Index74.527.7
Investment Freedom Index600
Financial Freedom Index5010
Trade Freedom Index8258
Monetary Freedom Index81.60
Government Spending Index84.666.3
Tax Burden Index85.772.8
Government Integrity Index49.414.6
Corruption Perceptions Index4718
Life expectancy at birth, years75.872.2
Suicide mortality rate, per 100,000 people5.53.7
Mortality caused by road traffic injury, per 100,000 people23.633.7
Intentional homicides, per 100,000 people2.156.3
International tourism, number of arrivals25.8M427k

Government debt & reserves

StatMalaysiaVenezuela
Central government debt, % of GDP56.2%175.6%
External debt stocks, % of GNIN/A33.9%
External debt stocksN/A$154.9B
Short-term debt, % of total reservesN/A421.1%
Total debt service, % of exports and primary incomeN/A69%
Adjusted net savings including particulate emission damage, % of GNI10%7.2%
Gross savings, % of GDP25.7%8.9%
Gross capital formation, % of GDP23.6%-3.7%
Total reserves including gold$101.5B$9.8B
Foreign direct investment net inflows$8.6B$956M

Exports, imports and economic structure

StatMalaysiaVenezuela
Exports of goods and services, % of GDP68.8%30.7%
Imports of goods and services, % of GDP61.7%36.4%
Current account balance (balance of payments)$7.6B-$3.9B
Revenue excluding grants, % of GDP16.1%N/A
Grants excluding technical cooperation, BoP$26.2M$125.8M
Personal remittances received$1.7B$297.1M
Industry including construction value added, % of GDP38.3%37.2%
Agriculture, forestry and fishing value added, % of GDP7.5%5%
Charges for the use of intellectual property, payments BoP$2B$258M
Charges for the use of intellectual property, receipts BoP$267.4MN/A
Expense, % of GDP15.9%N/A
Government Expenditure, % of GDP22.6%33.5%

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
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
Lebanon
$8.3k
6.1M

Venezuela vs

CountryGDP
per capita
Population
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
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
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
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