Global Competitiveness Report 2016-2017

M a l a y s i a i n t h e

Media Briefing 27th September 2016 (Tuesday)

Council Room, MPC 11.00am – 1.00pm

Embargoed until 6.00am, 28th September 2016 (Wednesday)

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Global Competitiveness Report 2016-2017 T h e R e p o r t

“Malaysia ranks 25th out of 138 economies, remains among the world’s

top 20 percent of most competitive economies and the highest

ranked among the developing Asian countries”

“Among emerging economies, Malaysia continues to lead the region,

despite losing some ground this year following six years of

improvement”

“Digital Infrastructure and ICT uptake are showing significant

progress, but becoming more innovative is also a pressing imperative

– especially for Malaysia, China and Thailand – if they are to avoid the

middle-income trap.”

Global Competitiveness Report 2016-2017 K e y H i g h l i g h t s

Barbados Brunei Yemen

Guinea Guyana Haiti

Seychelles Myanmar Swaziland

Not included:

Reinstated:

New Entrance:

Republic Democratic of Congo

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• Since 1979

• 138 Countries

• 114 Indicators

• 12 Pillars of Competitiveness

• 70% Survey Data, 30% Hard Data

• Quantitative data sourced from

international organizations.

• Qualitative data sourced from the

annual Executive Opinion Survey carried

out by the network of the World

Economic Forum’s Partner Institutes.

Global Competitiveness Report 2016-2017 T h e G C I F r a m e w o r k

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Global Competitiveness Report 2016-2017 S t a g e o f D e v e l o p m e n t

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Populations (millions)

GDP (US$ billions)

GDP per capita (US$)

GDP (PPP) as share (%) of world total

31.0

296.2

9,556

0.72

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Global Competitiveness Report 2016-2017 S t r e n g t h s & A r e a s f o r I m p r o v e m e n t

I n d i c a t o r s

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Pillar 2: Infrastructure Pillar 1: Institution

(4.9) (4.9) (4.9) (5.0)

(5.1) (5.3) (4.9) (5.0)

(4.6) (5.0) (5.1) (5.3)

(4.8) (5.0) (5.1) (5.2)

(5.5) (5.6)

(5.1) (5.1)

(5.4) (5.6)

(5.7) (5.7)

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Pillar 4: Health & Primary Education

Pillar 3: Macroeconomic Environment

(0.5) (0.4) (103.00) (99.0)

(74.7) (75.0) (94.6) (97.0)

(11.0) (33.5) (5.5) (5.5)

(5.1) (5.3)

(57.4) (57.0)

(-3.0) (-3.7)

(2.1) (3.1)

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Pillar 6: Goods Market Efficiency

Pillar 5: Higher Education & Training

(5.3) (5.4) (5.2) (5.3)

(5.6) (5.6) (5.3) (5.5)

(79.0) (70.8) (29.7) (37.2)

(4.9) (5.2) (3) (3)

(4.0) (5.5) (5.0) (5.1)

(40.0) (39.2) (4.5) (4.6)

(5.0) (5.3)

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Pillar 8: Financial Market Development

Pillar 7: Labour Market Efficiency

(5.1) (5.3) (5.3) (5.4)

(5.3) (5.3) (5.1) (5.3)

(29.4) (23.9) (0.65) (0.59)

(5.4) (5.6) (4.9) (5.6)

(4.6) (4.8)

(4.7) (4.8) (5.3) (5.4)

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Pillar 10: Market Size Pillar 9: Technological Readiness

(5.5) (5.6) (5.4) (5.5)

(89.9) (58.3)

(34.1) (27.2) (9.0) (10.1)

(5.9) (5.9)

(79.2) (83.7)

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Pillar 12: Innovation Pillar 11: Business Sophistication

(5.2) (5.4) (5.2) (5.3)

(5.4) (5.5) (5.2) (5.2)

(4.9) (5.2)

(5.2) (5.3)

(5.2) (5.3)

(5.0) (5.3)

(5.3) (5.4)

Global Competitiveness Report 2016-2017 P e r f o r m a n c e o f P i l l a r s

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Pillar 2016-2017 2015-2016 Changes

Pillar 1 26 23

Pillar 2 24 24

Pillar 3 35 35

Pillar 4 44 24

Pillar 5 41 36

Pillar 6 12 6

Pillar 7 24 19

Pillar 8 13 9

Pillar 9 43 47

Pillar 10 24 26

Pillar 11 20 13

Pillar 12 22 20

Global Competitiveness Report 2016-2017 H e a t m a p o f M a l a y s i a ’s P e r f o r m a n c e

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Evolution in Malaysia's

Rank

BA

SIC

REQ

UIR

EM

EN

TS

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pill

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In

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2n

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3rd

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Ma

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4th

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He

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an

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du

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EFFIE

NC

Y E

NH

AN

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5th

pill

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Hig

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nd

tr

ain

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6th

pill

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Go

od

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ark

et

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7th

pill

ar:

La

bo

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et

eff

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8th

pill

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Fin

an

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l ma

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9th

pill

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Te

ch

no

log

ica

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10

th p

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ark

et

size

INN

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ATI

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AN

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11

th p

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op

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12

th p

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r: In

no

va

tio

n

2016-2017 (n=138)

26 26 24 35 44 24 41 12 24 13 43 24 20 20 22

2015-2016 (n=140)

22 23 24 35 24 22 36 6 19 9 47 26 17 13 20

2014-2015 (n=144)

23 20 25 44 33 24 46 7 19 4 60 26 17 15 21

2013-2014 (n=148)

27 29 29 38 33 25 46 10 25 6 51 26 23 20 25

2012-2013 (n=144)

27 29 32 35 33 23 39 11 24 6 51 28 23 20 25

2011-2012 (n=142)

25 30 26 29 33 20 38 15 20 3 44 29 22 20 24

Global Competitiveness Report 2016-2017 M a l a y s i a v s E a s t A s i a & P a c i f i c

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Global Competitiveness Report 2016-2017 O v e r a l l P e r f o r m a n c e

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Global Competitiveness Report 2016-2017 M a l a y s i a ’s Tr e n d – 6 y e a r s o f I m p r o v e m e n t s

2014-2015 2016-2017

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2015-2016

18 2014-2015

20 2013-2014

24 2012-2013

25

2011-2012

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138 countries

140 countries

144 countries

148 countries

144 countries

142 countries

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Year

Rank

(5.16)

(5.23)

(5.16)

(5.03)

(5.06)

(5.08)

2010-2011

26

(4.88)

2009-2010

24

(4.87)

133 countries

139 countries

Global Competitiveness Report 2016-2017 A s i a P a c i f i c & A S E A N

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Global Competitiveness Report 2016-2017 T h e W a y F o r w a r d

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11th Malaysia Plan

• Malaysia Productivity Blueprint

Good Regulatory Practices

• Streamlining & simplifying business processes

by PEMUDAH

Government & Economic Transformation

Plan

Transformation through the National Blue

Ocean Strategy (NBOS)