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How much total retail sales? How big is the dimensions of e-commerce? How much oil consumptions? National income compared to neighboring countries?
Measurement of Output
Gross Domestic Product (GDP) An estimated value of the total worth of a countrys production and services, on its land, by its nationals and foreigners, calculated over the course on one year. To see the strength of a countrys local economy
Malaysia GDP
The Gross Domestic Product (GDP) in Malaysia was worth 278.67 billion US dollars in 2011. The GDP value of Malaysia represents 0.45 percent of the world economy.(source: world bank report)
From 1960 until 2011, Malaysia GDP averaged 59.9 USD Billion - Reaching an all time high of 278.7 USD Billion in December of 2011 - A record low of 2.4 USD Billion in December of 1961.
Measurement of Output
Gross National Product (GNP) An estimated value of the total worth of production and services, by citizens of a country, on its land or on foreign land, calculated over the course on one year. To see how the nationals of a country are doing economically
GNP = GDP + NR (Net income inflow from assets abroad or Net Income Receipts) - NP (Net payment outflow to foreign assets)
Measurement of Output
Gross Domestic Product per Capita The GDP per capita is obtained by dividing the countrys gross domestic product, adjusted by inflation, by the total population.
- Exports by imports.