25-06-2025, 07:19 PM
(25-06-2025, 06:12 PM)sgbuffett Wrote: China finally surpassed Malaysia but its economic growth of last few years.slowed to around 5%.
Malaysia grew at 5.1% in 2024 faster than China.
So dont expect China to run too far ahead of Malaysia.
..likely both countries per capita income will be roughly the same in coming yrs.
Malaysia's population growth rate is much higher than China.
So, even if nominal GDP of both countries grow at the same rate, Malaysia's per capita GDP will still fall further behind China.
Quote:Malaysia's population is estimated to have grown by 1.9% in 2024,.
China's population growth rate is currently negative. Specifically, it is estimated to be around -0.10%.
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