George Town in Malaysia

July 2023

The George Town in Malaysia report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital penetration, wealth and other consumer topics. On top of the consumer analysis, economic city landscape is represented including statistics and projections for key macroeconomic, labour and transport indicators.

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Overview:

George Town in Malaysia is based on Euromonitor’s City Scorecard. The scorecard is a benchmarking tool used to evaluate the consumer and economic performance of 1,000+ largest cities globally. The scorecard considers indicators across eight key pillars that are at the core of a city’s consumer market development. The scorecard is built by ranking cities in a country/regional context and provides an easy-to-understand system to quickly identify city-specific risks and opportunities.

Euromonitor’s City Scorecard covers over 30 indicators in eight pillars:
• Population
• Consumer Expenditure
• Digital Consumer
• Wealth
• Possession of Household Durables
• Economy
• Labour
• Transport

George Town in Malaysia helps to evaluate potential market size by city and formulate a more informed image of the urban consumer. Key economic indicators combined with income, spending and employment data help businesses map potential market sizes. Comparative data and newest city insights will help businesses customize and tailor country market entry strategies pinpointing the cities with the most future potential.

The George Town in Malaysia market research report includes:

  • Major George Town cities scorecard
  • Detailed ranking of cities in terms of future growth, wealth, labour and other key consumer and economic indicators
  • Historic data on population, consumer expenditure, digital consumer and other indicators
  • Five-year forecasts of trends and city growth

The George Town in Malaysia in George Town report answers: 

  • How does a specific city fair in terms of consumer market attractiveness compared to a country/region?
  • Which cities will be the fastest growing in George Town?
  • What is the consumer market potential in specific cities?
  • Which cities in “Country” have the largest number of wealthy consumers?
  • How does the city affordability differ across country and region?
  • How does labour productivity differ across cities?
  • What is the household profile in different cities?

George Town in Malaysia

HEADLINES

Chart 1 George Town City Scorecard Rankings Among 240 Asia Pacific Cities
Summary 1 City Scorecard Compared to and 2022
Chart 2 Key George Town Population Indicators Compared to Malaysia and Asia Pacific 2022
Chart 3 George Town Population Growth Compared to Malaysia and Asia Pacific 2017-2027
Chart 4 George Town Growth Index of Population Aged 0-14, 15-64 and 65+ Year-Olds 2017-2027
Chart 5 George Town Population by Age and Sex 2022
Chart 6 George Town Consumer Expenditure per Capita Compared to Malaysia and Asia Pacific 2017-2027
Chart 7 George Town Consumer Expenditure Structure 2022
Chart 8 Key George Town Digital Consumer Statistics Compared to Malaysia and Asia Pacific 2022
Chart 9 Digital Consumer Historic Growth and Forecasts in George Town 2017-2027
Chart 10 George Town Disposable Income per Household Compared to Malaysia and Asia Pacific 2017-2027
Chart 11 Number of Households by Disposable Income Band in George Town 2017/2022/2027
Chart 12 Wealthy Consumers: Number of Households with Disposable Income Over USD150,000 in George Town: 2017-2027
Chart 13 George Town Household Possession of Kitchen Durables Compared to Malaysia and Asia Pacific 2022: % of Households
Chart 14 George Town Possession of Entertainment Electronics Compared to Malaysia and Asia Pacific 2022: % of Households
Chart 15 George Town Household Possession of Other Durables Compared to Malaysia and Asia Pacific 2022: % of Households
Chart 16 George Town GDP per Capita Compared to Malaysia and Asia Pacific 2017-2027
Chart 17 George Town Real GDP Growth Compared to Malaysia and Asia Pacific 2017-2027
Chart 18 George Town Inflation Compared to Malaysia and Asia Pacific 2017-2027
Chart 19 George Town Labour Indicators Compared to Malaysia and Asia Pacific 2022
Chart 20 Economically Active Population and Unemployment Rate in George Town 2017-2022
Chart 21 George Town Labour Productivity Compared to Malaysia and Asia Pacific 2017-2022
Chart 22 Number of Airport Passengers in George Town 2017-2022
Chart 23 Automotive Circulation in George Town 2017-2022
Chart 24 George Town Transport Possession Compared to Malaysia and Asia Pacific 2022: % of Households
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