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Analysis by Region - Asia Pacific - Malaysia

Publisher Oxford Economics
Published Apr 27, 2022
Length 10 Pages
SKU # OFE17138232

Description

Analysis by Region - Asia Pacific - Malaysia

We have lowered our 2022 GDP growth forecast by 0.2ppts to 5.9% to reflect slower export growth due to the fallout from Russia’s invasion of Ukraine and Covid lockdowns in China. We still expect the end of coronavirus pandemic-related restrictions, the reopening of borders, and fiscal stimulus will underpin a strong recovery in domestic demand. As the gap between the recoveries in services and industry narrows and supply chain disruptions ease, we look for GDP to grow by 6.3% in 2023

Table of Contents

10 Pages
Malaysia: External headwinds have risen due to lockdowns in China
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics

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