Malaysia Economy

The Malaysia economy with a population of 28.25 million (Est 2010) ranks 30th in the world with a GDP PPP of 384 billion and GDP PPP per capita of 13,800 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Malaysian ringgit (MYR) / RM. Bank deposits held for a fixed term in Malaysia are called fixed deposits. According to its inflation was 5.4% in 2008 and .6% in 2009. (price controls in place)