List of Asian countries by GDP(PPP) per capita in 2005
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita

Rank Country(Region) GDP per-capita

1 Hong Kong SAR,PRC 33,411
2 Japan 30,615
3 Singapore 28,100
4 Taiwan (Republic of China) 27,572
5 Brunei 24,826
6 Macau SAR,PRC 21,123
7 South Korea 20,590
8 Malaysia 11,201
9 Thailand 8,319
10 Chinese Mainland,PRC 7,204
11 Philippines 4,923
12 Indonesia 4,458
13 Sri Lanka 4,384
14 Bhutan 3,921
15 India 3,344
16 Vietnam 3,025
17 Pakistan 2,628
18 Cambodia 2,399
19 Mongolia 2,175
20 Laos 2,124
21 Bangladesh 2,011
22 Myanmar 1,691
23 Nepal 1,675

China's GDP is increasing very fast ... maybe they will overtake us in 10-15 years time :bash:

Obviously, there are dozens of billionnaires there in Mainland China but none wish to declare to the PRC gov't I think. Just look at the Forbes' richest ranking. None of them are appeared in the list which I think is impossible.

With the RM strenghtened against the US$..I believe our GDP per capita has increased by by almost $1000.

And if Malaysia's economy keeps enjoying GDP growth of at least 5%/year for 10-12 years, Malaysia's GDP per capita could reach South Korea's current GDP per capita. :)

What's our wawasan 2020 GDP per capita target ? $20k ? $25k ?

China's GDP is increasing very fast ... maybe they will overtake us in 10-15 years time :bash:
I think some provinces of China has surpassed Malaysia.such as Zhejiang and Guangdong.

^^ Yeah, Zhejiang and Guangdong have overtaken Malaysia. I think Zhejiang is ahead of Guangdong. Guangdong's aim is to overtake Taiwan within 5 years. So you can imagine their level of development.

This is taken from China forum: 　

去年我省城镇居民赚得多花得也多。昨日记者从国家统计局浙江调查总队了解到，我省城镇居民去年人均可支配收入达16294元，增长12%，连续第五年居全国31个省市区第3位，在除直辖市以外的省区中居第一位；人均消费性支出为12254元，增长15.2%，在全国31个省市区中的位次超过了广东省，由2004年的第4位上升到第3位。

　　居民收入最高的是上海市，人均可支配收入为18645元；第2位是北京市，人均收入为17653元；第4位是广东省，人均收入为14770元；第5位是天津市，人均收入为12639元；第6位是福建省，人均收入为12321元；第7位是江苏省，人均收入为12319元；第8位是山东省，人均收入为10745元；另外，与我省同处华东区的江西省，人均收入8620元，排在第21位；安徽省，人均收入8471元，排在第22位。

　　消费支出高于我省的是：上海市，人均消费支出13773元，增长9%；北京市，人均13244元，增长8.6%。另外，广东省居第4位，人均消费支出11810元，增长10.4%；消费支出排在前8位的还有天津(9653元、福建(8794元、重庆(8623元、江苏(8622元。

Briefly translated, it says the GDP per capita ranking in China -

1.Shanghai - 18,645 (income) 13,733 (ppp)
2.Beijing - 17,653 (income) 13,244 (ppp)
3.Zhejiang - 16,294 (income) 12,254 (ppp)
4.Guangdong - 14,770 (income) 11,810 (ppp)
5.Tianjin - 12,639 (income) 9,653 (ppp)
6.Fujian - 12,321 (income) 8,794 (ppp)
7.Jiangsu - 12,319 (income) Chongqing - 8,623 (ppp)
8.Shandong - 10,745 (income) Jiangsu - 8,622 (ppp)

^^ I think if we do not count Malaysia as a whole, Klang Valley alone should have GDP per capita of more than 20k already?

Just how strong is China? Imagine this in terms of population.
Hong Kong + Macau = abt. half of Malaysia
Shanghai + Beijing = slightly more than 1 Malaysia
Fujian = about 1 and a half Malaysia
Zhejiang = abt. 2 Malaysia
Jiangsu = 2 and a half Malaysia
Guangdong = abt. 3 and a half Malaysia
Shangdong = 10 Malaysia

http://img122.imageshack.us/img122/4440/worldgdpppprank2007a1bt.jpg

if our GDP per capita getting higher year by year and so as our inflation rate...... :sleepy:

remember it is taking ppp into consideration (purchasing power parity)

so inflation is already taken into consideration. however, if it was the obsolute level of GDP, i believe malaysia and china will be way down actually.....

I think that by comparing a province in China (despite the physical and population size of the place) to Malaysia which is a country could be very distorted. It would be just like how those 'know-it-alls' take Selangor's 'growth' and benchmarking it against Scandivanian and western European countries. Did ya guys know that Selangor's Negeri Maju also take into account of the economics that are generated by Port Klang and KLIA?

Malaysia on track to achieve 6% GDP growth

By Kevin Tan

Malaysia is still on target to achieve 6% gross domestic product (GDP) growth despite concern of higher inflation following the government’s decision to allow electricity tariff hike, Second Finance Minister Tan Sri Nor Mohamed Yakcop said.

“Some of the cost can be absorbed by the companies. It will not be substantial as to affect the confidence or growth of the country,” he told reporters on May 26 after launching the International Business Owners Survey Malaysia Report 2006 in Kuala Lumpur.

Nor Mohamed said there was still a "feel-good" sentiment among the general public as a result of the Ninth Malaysia Plan (9MP). He said projects under the 9MP were taking off and the government was doing all it could to improve its delivery system.

Tenaga Nasional Bhd this week received the government's nod to increase tariff rates by an average of 12% starting June 1. Inflation rate rose to a seven-year high of 4.8% in March due to increased petroleum price.

On dissatisfactions voiced by the Federation of Malaysian Manufacturers, Nor Mohamed said the government made the decision to allow a tariff hike after considering it for a long time and hearing views from all parties.

He explained that there was “the need for Tenaga to have a reasonable cash flow”. At the same time, Tenaga had been cutting costs and took measures to improve its financials, he added.

“In term of interests involved, we have no doubt it is for the interest of the country. In the short term, there will be some who will not like to adjust,” Nor Mohamed said.

He reiterated that 60% of the electricity users who consisted of those from the lower-income group would not be affected while the rest would only be paying marginally more, as the tariff increase was based on a sliding structure.

On the weakening of the ringgit recently, the minister said the government was not controlling it and the currency was still on a free float. He said the ringgit was in line with the movement of other currencies as the US dollar was on a technical rebound.