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Research Article

EEO. 2021; 20(4): 1637-1640


The Impact Of Crude Oil Price, Inflation And Exchange Rate On Economic Growth In Malaysia

Hamidah Ramlan, Ainzatil Najla Binti Omar, Syafiah Binti Mohammad.



Abstract
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The aim of this paper is to test the relationship between crude oil price, inflation and exchange rate on economic growth in Malaysia. The Data was collected and retrieved from the period of 1999 to 2019 which are gathered from The World Bank and Trading Economics. Throughout, this study uses multivariate regressions and the result shows a statistically significant relationship between crude oil price and exchange rate on economic growth in Malaysia.

Key words: Crude Oil Price, Inflation, Exchange Rate, GDP

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010203040506070809101112
2025

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