Malaysia and Singapore
₹38000 per person
The country is multi-ethnic and multi-cultural, which plays a large role in its politics. About half the population is ethnically Malay, with large minorities of Malaysian Chinese, Malaysian Indians, and indigenous peoples. While recognising Islam as the country’s established religion, the constitution grants freedom of religion to non-Muslims. The government system is closely modelled on the Westminster parliamentary system and the legal system is based on common law. The head of state is the king, known as the Yang di-Pertuan Agong. He is an elected monarch chosen from the hereditary rulers of the nine Malay states every five years. The head of government is the Prime Minister. The country’s official language is Malaysian, a standard form of the Malay language. English remains an active second language.
After independence, the Malaysian GDP grew at an average of 6.5% per annum for almost 50 years. The economy has traditionally been fuelled by its natural resources but is expanding in the sectors of science, tourism, commerce and medical tourism. Malaysia has a newly industrialised market economy, ranked fourth-largest in Southeast Asia and 38th largest in the world. It is a founding member of the Association of Southeast Asian Nations, the East Asia Summit and the Organisation of Islamic Cooperation, and a member of Asia-Pacific Economic Cooperation, the Commonwealth of Nations, and the Non-Aligned Movement.