In the World Economic Outlook, the IMF expects China's per capita GDP to fall to 12.54 million US dollars, while Malaysia, the country's per capita GDP has only been on par with China in two years, and is expected to reach 1$3030.
So, was his prophecy correct?
Let's start with the report released by China: in 2023, there will be an increase of 5 compared to the same period last year2%, which is 0% higher than the IMF's projection of 5%.2 percentage points. This 0A difference of 2 percentage points should be considered "allowed".
But it's worth noting that the IMO's expectations for China's economic growth are "low most of the time, and high growth expectations rarely occur", while growth expectations for other regions are "sometimes low and sometimes high".
In the case of Malaysia, last October, the International Monetary Organization released a World Economic Outlook* that the country will grow by about 4% next year, and its GDP will be US$4309 million, and GDP per person will be a huge leap of US$13,000.
However, Malaysia's statistics department finally released a report: next year, the country's GDP will increase by 3The 7% increase is lower than the 4% expected by the International Monetary Fund**.
In the first quarter, compared to the same period last year, the second and third quarters each increased by 29% and 33%。GDP growth in the fourth quarter has fallen to 3%, mainly because exports did not reach the expected level.
For the whole of 2023, the GDP at market prices is 18,2264.7 billion yuan. Based on the average exchange rate of the currency against the US dollar published by Bank Malaysia**, we can calculate that Malaysia's GDP will grow from 430.9 billion to 3,992 in 20234.3 billion.
Yes, that's it! Malaysia's ** will have deflation in 2023, the value of the currency is not so high, and its GDP not only does not exceed 430 billion, but falls by 400 billion, which is equivalent to 1 4,1,1,1,1,1.
In US dollar terms, Malaysia's GDP decreased by almost 2% in 2023, but its population grew to 33.38 million, so instead of increasing, its GDP per capita fell to $12,000, lower than the IMO's projection of $123.03 million.
China, whose GDP will exceed 126 trillion in 2023, has seen its contribution to the US dollar decline slightly to 17 due to ** and exchange rate factors89 trillion. With an average GDP per capita of 12,269,000 and a total population of 140967 thousand, it is still higher than Malaysia.
For this year's expectations, the IMF remains supportive of Malaysia.
In addition to the World Economic Outlook for 2023 and 2024, the World Economic Outlook released by the International Monetary Organization includes two aspects. Among these figures, Malaysia's GDP per capita (i.e. 2024) is expected to expand to 1$3.91 million, while China's GDP per capita is expected to reach $13,600.
According to researchers at the International Monetary Organization, Malaysia's GDP per capita will still surpass China's this year. We will see how accurate this prophecy is.
Nansen believes there is a good chance that this will happen again. Based on past experience, the new census will adjust the GDP of the past few years to stimulate China's GDP growth, which is 2024. This article is written by Nan Sheng, copying is prohibited,**