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> Latest GDP and GDP per capita by Malaysian States, Important info for all

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SUSrolling2014
post Nov 7 2016, 03:50 AM

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QUOTE(ReWeR @ Nov 6 2016, 09:50 PM)
one question, if 2015 GDP was better than 2014, how come overall economy performance. 2015 is worse than 2014?

many companies closed down, and inflation soaring, and ringgit malaysia dropped until bottom
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In 2014, Malaysia's real GDP grew by 5.99%
In 2015, real GDP grew by 4.99%
https://www.statista.com/statistics/318977/...te-in-malaysia/

The slower growth in 2015 reflects oil price crash, weaker global demand, companies closing down etc

Btw Real Gross Domestic Product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e., inflation or deflation)

QUOTE(helpful @ Nov 6 2016, 11:38 PM)
Don't be too HAPPY
Certain countries FAKE their numbers !
Ask yourself if the numbers are REAL ?

Ask yourself ------ will the MORON actually give our REAL INFO ?
Think 1MDB and know the REAL MALAYSIA !
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Department of Statistic follows the United Nations Statistical Commission, the highest body of the global statistical system. Not a lot of room to fake numbers.
SUSrolling2014
post Nov 7 2016, 03:51 AM

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QUOTE(thelws @ Nov 6 2016, 10:47 PM)
The answer lies in whether or not this report is nominal gdp or real gdp.

I suspect this is nominal gdp. No matter what nominal gdp sure increase over time. But real gdp takes into consideration inflation. When you calculate in inflation, a lot of the numbers will sure reduce.

http://www.investorguide.com/article/15615...inal-gdp-d1412/
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In 2014, Malaysia's real GDP grew by 5.99%
In 2015, real GDP grew by 4.99%
https://www.statista.com/statistics/318977/...te-in-malaysia/


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