Protected by its high vaccination rate, continuing nationwide inoculation program, and adequate healthcare capacity, Malaysia has progressively reopened its economy despite the resurgence of infections by the Omicron variant in early 2022. Economic growth should firm up further with the country’s transition to the endemic phase of COVID-19 from the beginning of April.
The Malaysian economy is recovering strongly from the COVID-19 disruptions in 2021 and early 2022.
The Malaysian economy is expected to grow strongly in 2022; regaining momentum after the Delta strain of COVID-19 infections disrupted recovery in Q3 2021.
The COVID-19 pandemic triggered a sharp increase in the world demand for rubber gloves, notably medical gloves but also non-medical ones.
Presentation for the AMRO Annual Consultation Report on Malaysia 2020.
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Despite the disruption brought about by a renewed spike in COVID-19 cases since late 2020, the Malaysian economy is expected to rebound strongly this year and in 2022 as it rides on a vaccine-led global recovery.
Malaysia is in a strong position to ride a vaccine-led global economic recovery once the domestic COVID-19 situation is under control.
The Malaysian economy is undergoing a strong but uneven recovery following the nationwide lockdown in March and April.
Malaysian government bonds have strengthened significantly in recent months.
