世界银行：2026年马来西亚经济观察报告（英文版）

Despite a challenging external environment, Malaysia’s growth outperformed projections in the second half of 2025, lifting full-year growth to 5.2 percent. The governmet achieved a better-than-estimated fiscal deficit at 3.7 percent of gross domestic product (GDP) last year, against its initial target of 3.8 percent, helped by stronger revenues despite continued spending pressures. While household incomes have recovered strongly and more inclusively, spatial disparities remain pronounced. Job