Malaysia: Economy

The broad economic slowdown in Malaysia in 2015 is expected to continue through 2016 before growth starts to pick up in 2017. Inflation is forecast to rise after moderating in 2015. The current account surplus is seen narrowing further this year. Significant progress has been made toward strengthening the fiscal position, but achieving a balanced budget by 2020 may require further action on both revenue and expenditure. Read more from Asian Development Outlook 2016

Economic forecasts for Southeast Asian countries

Country 2016 2017
Brunei Darussalam 1.0 2.5
Cambodia 7.0 7.1
Indonesia 5.2 5.5
Lao People’s Dem. Rep. 6.8 7.0
Malaysia 4.2 4.4
Myanmar 8.4 8.3
Philippines 6.0 6.1
Singapore 2.0 2.2
Thailand 3.0 3.5
Viet Nam 6.7 6.5
Average 4.5 4.8
Country 2016 2017
Brunei Darussalam 0.2 0.4
Cambodia 2.5 3.0
Indonesia 4.5 4.2
Lao People’s Dem. Rep. 1.8 2.5
Malaysia 2.7 2.5
Myanmar 9.5 8.5
Philippines 2.3 2.7
Singapore -0.6 0.4
Thailand 0.6 2.0
Viet Nam 3.0 4.0
Average 2.6 2.9
Country 2016 2017
Brunei Darussalam -1.3 2.0
Cambodia -11.1 -10.0
Indonesia -2.6 -2.8
Lao People’s Dem. Rep. -17.0 -20.0
Malaysia 1.2 2.3
Myanmar -8.3 -7.7
Philippines 2.7 2.8
Singapore 18.8 19.5
Thailand 7.5 4.0
Viet Nam -0.2 0.0
Average 2.8 2.7

Source: Asian Development Outlook 2016

 

 
This page was generated from http://www.adb.org/countries/malaysia/economy on 27 July 2016