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ASEAN+3 Macroeconomic Research Office

MEMBER ECONOMIES

Malaysia

Latest Projections

Projected GDP Growth (2024):

0%

Projected Inflation Rate (2024):

0%
Updated as of October 2024
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Annual Consultation Reports

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Annual Consultation Reports
AMRO’s 2024 Annual Consultation Report on Malaysia
Malaysia’s growth momentum is expected to be sustained this year and next, driven by resilient domestic demand and a recovery in external demand.
Annual Consultation Reports
AMRO’s 2023 Annual Consultation Report on Malaysia
The Malaysian economy rebounded strongly in 2022 driven by a strong recovery in domestic demand and robust export growth.
Annual Consultation Reports
AMRO’s 2022 Annual Consultation Report on Malaysia
The Malaysian economy is recovering strongly from the COVID-19 disruptions in 2021 and early 2022.
Annual Consultation Reports
AMRO’s 2020 Annual Consultation Report on Malaysia
Malaysia is in a strong position to ride a vaccine-led global economic recovery once the domestic COVID-19 situation is under control.
Annual Consultation Reports
AMRO’s 2018-19 Consultation Report on Malaysia
The Malaysian economy proved resilient to escalations in U.S.-China trade tensions and domestic commodity supply disruptions in 2018, thanks to robust private consumption and low inflation that persisted through the year.

What’s New

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Blogs
What is Driving the Ringgit’s Comeback?
In recent months, the ringgit has emerged as the best-performing currency in the region. What caused the ringgit's rebound and will its rally sustain?
Events
ASEAN+3 Financial Stability Report (AFSR) 2024 Outreach Webinar
As part of the AFSR’s outreach campaign, the webinar is a platform for regional central bank policymakers, the academia, think tanks, and Financial Services Industry (FSI) experts to weigh in on the findings of the AMRO flagship report.
Press Releases
Malaysia: Fostering Sustainable Growth Through Fiscal Consolidation and Industrial Upgrading
Malaysia's growth is projected to accelerate to 4.7 percent in 2024 and 4.9 percent in 2025 after a moderation to 3.6 percent in 2023.
Press Releases
Malaysia: Pursuing Fiscal Consolidation and Industrial Upgrading to Enhance Resilience and Growth
After a moderation to 3.6 percent last year, Malaysia’s growth is projected to accelerate to 4.7 percent in 2024, underpinned by strong domestic demand and a pickup in external demand.
Blogs
Johor Gets Second Chance at Economic Take-off
The recent influx of investments into Johor provides a hint of optimism. Johor emerged as the top investment destination in Malaysia in 2022 and came in fourth last year, after Penang, Kuala Lumpur and Selangor.
Blogs
Time is Ripe for Malaysia to Move Upstream into Designing Chips
The increasingly heated struggle between the U.S. and China for dominance in semiconductor technologies has been a godsend for the Malaysian island of Penang.