KUALA LUMPUR, July 11 -- Malaysia's population is projected to grow significantly from 32.45 million in 2020 to 42.37 million by 2060, according to new demographic projections released by authorities.

According to the Department of Statistics (DOSM), the nation will experience steady population growth with 36.49 million people expected by 2030, followed by 39.78 million in 2040 and 41.79 million in 2050.

Between 2030 and 2060, Malaysia's average annual population growth rate is expected to moderate to 0.5 per cent, peaking in 2059 before starting to decline.

The projection also included a significant change to the Malaysia's ethnic landscape, with the Bumiputera community's share among citizens rising from 71.8 per cent in 2030 to 79.4...