Malaysia has made impressive strides in the realm of global economic competitiveness, climbing 11 spots to secure the 23rd position in the 2025 World Competitiveness Ranking—the country’s highest ranking since 2020. According to the Ministry of Investment, Trade, and Industry, this upward trajectory signals Malaysia’s ambition to rank among the world’s top 12 economies by 2033, as reported by the state-owned media, Bernama.
The ministry attributes this remarkable ascent to three key factors: robust economic performance, enhanced government efficiency, and improved business effectiveness. Malaysia now proudly holds the fourth position globally for economic performance, a notable jump from eighth place last year. Both government and business efficiency have also shown impressive gains, each climbing eight positions in the rankings.
A standout highlight of this year’s report is the dramatic leap of 11 places in the international trade sub-factor, landing Malaysia in sixth place. This rise is fueled by substantial growth in exports of goods and services, a diversification of trade markets, and increased tourism revenues—elements that have collectively strengthened Malaysia’s trade surplus.
The ministry remains optimistic about the future, believing that with strong governance and continued collaboration between federal and state governments, alongside close partnerships within the private sector, Malaysia is well on its way to achieving its competitive aspirations by 2033. The World Competitiveness Ranking, an annual report conducted by the Institute for Management Development in Switzerland, evaluates nations based on their ability to cultivate business-friendly environments that foster long-term prosperity.
As Malaysia climbs the competitive ladder, it may soon be up against some surprising rivals in the world of global trade.
What is Malaysia’s current position in the World Competitiveness Ranking?
Malaysia is ranked 23rd in the 2025 World Competitiveness Ranking, marking its highest position since 2020.
Which factors contributed to Malaysia’s rise in the rankings?
Key factors include economic performance, government efficiency, and business efficiency, with significant improvements noted across these areas.
What is Malaysia’s goal for the future in terms of global competitiveness?
Malaysia aims to be among the world’s top 12 most competitive economies by 2033, bolstered by strong governance and public-private partnerships.
