Malaysia’s economic freedom is ‘moderately free’ and the state is addressing corruption. However, the new government has yet to prove its democratic credentials. The economy grew extremely strongly in 2022 and, although output expansion is expected to halve in 2023, inflation is under control whilst unemployment is low. A rising middle class will support discretionary spending, but labour shortages are a challenge. Digital investment targets are being met and 5G rollout has gained traction.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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