Diplomatic representation in the US:
chief of mission: Ambassador GHAZZALI bin Sheikh Abdul Khalid
chancery: 3516 International Court NW, Washington, DC 20008
telephone: [1] (202) 572-9700
FAX: [1] (202) 572-9882
consulate(s) general: Los Angeles, New York
Diplomatic representation from the US:
chief of mission: Ambassador Christopher J. LAFLEUR
embassy: 376 Jalan Tun Razak, Kuala Lumpur 50440
mailing address: US Embassy Kuala Lumpur, APO AP 96535-8152
telephone: [60] (3) 2168-5000
FAX: [60] (3) 2142-2207
Flag description:
14 equal horizontal stripes of red (top) alternating with white
(bottom); there is a blue rectangle in the upper hoist-side corner
bearing a yellow crescent and a yellow 14-pointed star; the crescent
and the star are traditional symbols of Islam; the design was based
on the flag of the US
Economy Malaysia
Economy - overview:
Malaysia, a middle-income country, transformed itself from 1971
through the late 1990s from a producer of raw materials into an
emerging multi-sector economy. Growth was almost exclusively driven
by exports - particularly of electronics. As a result, Malaysia was
hard hit by the global economic downturn and the slump in the
information technology (IT) sector in 2001 and 2002. GDP in 2001
grew only 0.5% because of an estimated 11% contraction in exports,
but a substantial fiscal stimulus package equal to US $1.9 billion
mitigated the worst of the recession, and the economy rebounded in
2002 with a 4.1% increase. The economy grew 4.9% in 2003,
notwithstanding a difficult first half, when external pressures from
Severe Acute Respiratory Syndrome (SARS) and the Iraq War led to
caution in the business community. Growth topped 7% in 2004 and 5%
in 2005. As an oil and gas exporter, Malaysia has profited from
higher world energy prices, although the cost of government
subsidies for domestic gasoline and diesel fuel has risen and offset
some of the benefit. Malaysia "unpegged" the ringgit from the US
dollar in 2005, but so far there has been little movement in the
exchange rate. Healthy foreign exchange reserves, low inflation, and
a small external debt are all strengths that make it unlikely that
Malaysia will experience a financial crisis over the near term
similar to the one in 1997. The economy remains dependent on
continued growth in the US, China, and Japan - top export
destinations and key sources of foreign investment.
GDP (purchasing power parity):
$287 billion (2005 est.)
GDP (official exchange rate):
$122 billion (2005 est.)
GDP - real growth rate:
5.2% (2005 est.)
GDP - per capita (PPP):
$12,000 (2005 est.)
GDP - composition by sector: agriculture: 8.4% industry: 48% services: 43.6% (2005 est.)