The labour market in Malaysia needs to be highly productive and skilled if Malaysia wants to become a country of high income. While there have been some productivity advances across all sectors, the income gap, skills gap, and industry structure remain major obstacles. Table of contents 1. Is Malaysia a high-income country? 2. Will Malaysia […]
As one of the most innovative economies in Asia and the world, Malaysia is at the top of the middle-income tier – after countries that earn high incomes. Table of contents 1. Is Malaysia a developed country or developing country? 2. Why Malaysia is the best country in the world? 3. Is Malaysia an important […]
Human Capital Index data from the World Bank rank Malaysia 55th among 157 nations. Malaysia, as an upper middle-income country, has been both a player in the development of low- and middle-income countries, as well as a learner of global experiences while it strives towards becoming a high-income and developed nation. Table of contents 1. […]
Over the past few years, Malaysia has been one of the most open economies in the world, with a trade to GDP ratio average of more than 130%. As of July 2020, 5,5 percent of Americans are below the national poverty line. The current poverty rate among Malaysian households is 6%. Table of contents 1. […]
Among 157 countries ranked by the World Bank Human Capital Index, Malaysia ranks 55th. Currently, Malaysia is a country with an upper middle-income status, contributing to the development of lower- and middle-income nations while gaining experience from global experiences and working towards becoming a developed nation. Table of contents 1. Will Malaysia become developed country? […]