Bank Negara Malaysia has slightly increased its 2026 GDP growth forecast to 4%–5%, signalling confidence in the country’s economic resilience despite global instability.
Growth is supported by:
- Strong domestic consumption
- Continued export demand (especially electronics)
- Recovery in tourism sector
However, risks remain:
- Ongoing Middle East conflict affecting global trade
- External shocks from tariffs and supply chain disruption
- Currency volatility
Business Impact:
- Positive outlook encourages investment and expansion
- Export-oriented sectors remain key growth drivers
- Businesses must still manage external uncertainties
Macroeconomic Effect:
- Malaysia positioned as relatively stable economy in ASEAN
- Inflation expected to remain moderate
- Monetary policy likely to stay stable (OPR unchanged)
