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Thus when the price of oil drops Malaysias export revenues fall. Journal of BIMP-EAGA Regional Development Volume 3. Malaysia 2014 Economy Outlook Infographics Alchohol Infographic Malaysia Although Malaysia did enjoy some benefit from oil price slump for example lower inflation lower costs for business higher spending power for households Walker 2015. . World oil price PW world oil price in domestic currency PWD and domestic oil price. Crude Oil Production in Malaysia is expected to be 60000 BBLD1K by the end of this quarter according to Trading Economics global macro models and analysts expectations. Assessing the Impact of Oil Prices on the Malaysian Economy. With lower export revenues comes a higher trade deficit and a weaker currency. In the long-term the Malaysia Crude Oil Production is projected to trend around 60000 BBLD1K in 2023 according to our econometric models. Malaysia had a GDP by PPP of 8156 billion and a ...