Overview

“Malaysia Economic Statistics Review (MESR) Special Edition: A journey through Malaysia’s economic evolution”

The Malaysian Economic Statistics Review (MESR) Special Edition captures the journey of Malaysia from its origin as an agriculture-based economy in the 1970s to the rise of Manufacturing and the rapid expansion of the Services sector to date. This edition also explores Malaysia’s economic transformation by tracking the Gross Domestic Product (GDP) trends, sectoral shifts as well as prices and labour market patterns over the past decades. It also delves into the inflation puzzle, analysing price trends and their impacts on the cost of living. Furthermore, the changing patterns of Malaysian consumer’s preference is explored, providing a five-decade analysis on household spending patterns and the shifting cost of essential goods and services, reflecting lifestyle changes, demographic trends and evolving consumption habits. The labour market evolution showcases the shift in the workforce from agriculture to industry and services, the role of education in shaping employment trends and emerging challenges such as automation, digitalisation and attracting young generations.

The full publication of the MESR Special Edition can be downloaded through eStatistik portal.

For interviews, press statement and clarification to the media, contact:

Baharudin Mohamad

Public Relation Officer

Email: baharudin[at]dosm.gov.my

Phone: 03 8885 7942

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