Penang’s Key Economic Indicators
Gross Domestic ProductIn 2018 Penang registered a gross domestic product (GDP) of RM91.2bil, with a year-on-year (y-o-y) growth rate of 5.1%, which is 0.4% hi...
3 min read
You might also like
Penang’s Finances Staying Strong
members
6 min read
Since 2008 Penang has experienced fiscal surpluses in its financial account; it achieved as large a sum as RM61.7mil in fiscal surpluses, or 0.1% of Penang&rsqu...
Making Affordable Housing an Economic Enabler
members
5 min read
Housing is a basic need. However, the Median Multiple approach developed by Demographia International considers houses in Penang to be unaffordable.1 According...
Stable Local Indicators amid Challenging Global Economic Outlook
members
6 min read
According to the World Bank’s Global Economic Outlook ( June 2019), global growth in 2019 has continued to weaken and is expected to slowly rise to 2.8% i...