Currency | Malaysian Ringgit (RM or MYR) |
---|---|
Statistics | |
Population | 4.19 million (2024)[1] |
GDP | RM 148.2 billion (2023[1]) |
GDP growth | 3.4% (2022/23) |
GDP per capita | RM 41,902 (2023)[1] |
0.404 (2021)[2] | |
0.794 (2022) high[3] | |
Unemployment | 2.4% (2022/23)[4] |
Main industries | Services, manufacturing, agriculture and construction[5] |
External | |
Exports | RM 314.06 billion (2023)[1] |
Export goods | Refined petroleum, integrated circuit boards and electricity and electronics products[6] |
Imports | RM 249.25 billion (2022/23)[1] |
Public finances | |
RM 222.39 million (2020)[7] | |
Revenues | RM 1.804 billion (2023/24)[8] |
Expenses | RM 1.799 billion (2023/24)[8] |
All values, unless otherwise stated, are in US dollars. |
The state of Johor is strategically located in southern Malaysia, bordering one of the regional economic powerhouses Singapore. Johor is the third-largest economy in Malaysia after Selangor and Kuala Lumpur, accounting for 9.6% of the nation's gross domestic product, valued at RM 148.2 billion in 2023.[9] The economy is primarily driven by manufacturing and service sectors, covering almost 80% of the state GDP.[10]