MYS · snapshot 2026-08-09

Malaysia

Medium

Overall risk score

34.0

Percentile of scored universe

27th

Data coverage

97%

vs Australia (16.1)

+17.9

Category breakdown

Political Stability & Governance

Medium
34.9+22.1 vs AU

6 indicators · 100% coverage

Economic Resilience

High
39.0+27.9 vs AU

7 indicators · 100% coverage

Financial & Currency Risk

Medium
24.8+18.9 vs AU

5 indicators · 100% coverage

Business Environment

Medium
40.4+5.6 vs AU

3 indicators · 75% coverage

Security & Crime

Medium
35.5+10.4 vs AU

4 indicators · 100% coverage

Climate & Social Compliance

Medium
37.2+26.8 vs AU

4 indicators · 100% coverage

Technology & Digital

Low
23.6+9.9 vs AU

4 indicators · 100% coverage

Cultural Distance

Medium
46.8+46.0 vs AU

9 indicators · 100% coverage · not in overall score

Key risks and considerations

Malaysia rates Medium for market entry — an overall risk score of 34.0, less risky than 73% of rated economies and 18 points riskier than Australia.

The main risk drivers are pervasive organised crime (6.5/10) and heavy public debt (net 70.7% of GDP).

Relative strengths: internet users sits in the least-risky quarter of rated economies, and DFAT smartraveller advisory level and GDP growth both rate Low, the least-risky rating band.

Possible mitigations

  • Organised crime. Expect extortion, counterfeiting, and cargo-theft exposure: harden supply-chain security, vet logistics partners and distributors carefully, and avoid cash-heavy channels.
  • Payment fraud. Experts nominate this market as a cybercrime origin (World Cybercrime Index, 2021 survey): verify any change of bank details out-of-band, enforce MFA and dual authorisation on payments, and be sceptical of unsolicited counterparties.
  • Cultural bridging. Large cultural distance: invest in local partners, bilingual advisers, and longer relationship-building timelines — assume negotiation and management norms differ materially.

Generated automatically from this snapshot’s indicator data — a starting point for analysis, not advice.

Indicators

IndicatorValueRisk scoreRating
Political Stability & Governance
Voice & accountability (WGI)54.653.9High
Government effectiveness (WGI)69.119.8Low
Regulatory quality (WGI)65.623.7Low
Rule of law (WGI)62.937.9Medium
Control of corruption (WGI)57.932.6Medium
Political stability & absence of violence/terrorism (WGI PV)72.540.3Medium
Economic Resilience
GDP growth (3-yr average, %)4.6% (3-yr avg)15.0Low
Growth volatility (10-yr std dev, pp)±3.7 pp54.1High
Government net debt (% of GDP)70.780.0Very High
Inflation (CPI %, vs income-group target)1.435.0Medium
Current account (3-yr average, % of GDP)2.1% (3-yr avg)15.0Low
FX reserves (months of import cover)4.5 months30.0Medium
GDP per capita (PPP, current intl $)$41,49831.9Medium
Financial & Currency Risk
Capital-account openness (Chinn-Ito KAOPEN)0.4260.0High
Currency stability (regime-aware classification)Floating — low volatility (<8%)15.0Low
Sovereign credit risk (OECD country risk classification)Category 2 / 716.0Low
FATF listing (grey / black list status)Not listed0.0Low
Double-tax agreement with AustraliaIn force0.0Low
Business Environment
FDI regulatory restrictiveness (OECD FDIRRI)0.3269.3High
Logistics performance (World Bank LPI)3.620.3Low
Business readiness (World Bank B-READY pillar average)Insufficient data
Investment protection with Australia in force (BIT or FTA investment chapter)In force0.0Low
Security & Crime
Armed-conflict intensity (battle deaths per 100k, 5-yr)0.029.7Medium
Intentional homicide rate (per 100k)0.718.3Low
Organised crime pervasiveness (GI-TOC criminality score)6.581.8Very High
DFAT Smartraveller advisory levelLevel 1 — Exercise normal safety precautions10.0Low
Climate & Social Compliance
Physical climate vulnerability (ND-GAIN vulnerability)0.36519.7Low
Disaster risk (INFORM Risk Index)3.345.0Medium
Modern-slavery prevalence (per 1,000)6.355.3High
Modern-slavery vulnerability score37.229.7Medium
Technology & Digital
E-government development (UN EGDI)0.829.3Medium
Internet users (% of population)98.06.2Low
Cybercrime origination (World Cybercrime Index)1.330.0Medium
Secure internet servers (per million people)7475.529.1Medium

Per-indicator ratings are quartile bands of the 0–100 risk score. The Australia column shows the same indicator’s raw value for the Australian baseline in this snapshot.

Cultural distance

GLOBE 2004 societal practices · rated on distance from Australia · not in the overall score

MalaysiaAustraliaGLOBE practice score · scale 1–7
Power distanceMedium
5.17
4.74
Uncertainty avoidanceMedium
4.78
4.39
Institutional collectivismHigh
4.61
4.29
In-group collectivismHigh
5.51
4.17
Humane orientationVery High
4.87
4.28
Performance orientationLow
4.34
4.36
AssertivenessHigh
3.87
4.28
Gender egalitarianismLow
3.51
3.40
Future orientationHigh
4.58
4.09

Context — not scored

Unemployment

3.8%

Displayed, never scored: ambiguous for an entrant and unreliable where informal employment dominates. (2025, ILO modelled)

Trade agreement

Free trade agreement with Australia in force

Market access is decision-relevant but a benefit, not a risk — kept out of the rating.

Regional advisories

Higher levels apply in some areas (up to Level 3)

DFAT Smartraveller sub-national advice where it exceeds the overall level.

Compare with

A score means little on its own. These economies scored closest to Malaysia in this snapshot, which is the fastest way to see whether the rating is telling you something specific or something regional.

All 218 economies · How to read these ratings