Malaysia is a modern, vibrant and progressive nation. As one of the most developed economies in South East Asia, it enjoys strong socio-economic and political stability. Boasting a vivacious multi-racial and multi-cultural population, Malaysia is a peaceful and prosperous melting pot.
Since achieving independence 52 years ago, Malaysia has evolved by leaps and bounds especially in terms of economic development in various areas. From being a producer of agriculture and cash crops, Malaysia's economy has diversified and prospered in many fields with manufacturing and services being major contributors to the country's GDP.
Malaysia is an active trading nation, ranked in the top 20 trading nations in the world. It is an open economy with international trade at twice the size of its GDP. In 2007, the country for the first time breached RM1 trillion in total trade. It counts over 234 economies as its trading partners.
During the 1990's, Malaysia was one of the fastest growing economies with a GDP annual average growth rate of 8-9% During the past five years, Malaysia's GDP has been growing at a stable GDP annual rate of 5-6%.
