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Is Malaysia a developed country?
Malaysia is not a developed country.

At present, almost 80% of the countries in the world are developing countries, and there are fewer developed countries. There are only four developed countries in Asia: Japan, South Korea, Singapore and Israel.

The Malay government actively promotes consumption and investment, and regards the private economy as a new pillar of national economic growth. Encourage the development of tourism and education, and the penetration rate of e-commerce reaches 50%, which is second only to Singapore in Southeast Asia.

Malaysia's economic profile:

Malaysia's industrial structure is diversified, and it has blossomed in energy industry, automobile industry, steel industry, textile industry, manufacturing industry, electronics industry, shipping industry, tourism industry, financial services industry and high-tech industry.

In recent years, the global market demand for electrical and electronic products has continued to grow, and the international raw material prices have risen. In 20 17, Malaysia's export industry grew by 19% for the whole year, which is also the highest growth rate since 2005.

Malaysia's GDP growth rate in recent years is very strong. In 20 17, the country's GDP growth rate was 5.9%, ranking among the fastest growing countries in the world.

According to the statistics of the International Monetary Fund (IMF), with such rapid development, Malaysia will enter the ranks of developed countries in a few years.