BNM Forecasts 2026 GDP Growth of 4.5%-5.5%, Inflation Contained

February 23, 2026
Economy
Bloomberg

Bank Negara Malaysia (BNM) forecasts GDP growth of 4.5%-5.5% for 2026, with inflation maintained between 2.0%-3.0%. This outlook reflects confidence in economic recovery and price stability, suggesting the current monetary policy stance will remain unchanged.

Bank Negara Malaysia (BNM), in its latest economic outlook report, projected a robust Gross Domestic Product (GDP) growth of 4.5% to 5.5% for the Malaysian economy in 2026. Concurrently, inflation is expected to remain within a manageable range of 2.0% to 3.0%. BNM stated that this growth would primarily be driven by domestic demand, private consumption, and a gradual recovery in exports. The stable inflation outlook also provides room for BNM to maintain its current Overnight Policy Rate (OPR). Analysts believe that BNM's optimistic forecast will help boost investor confidence and create a favourable environment for corporate investments. Despite global economic uncertainties, Malaysia's economic fundamentals remain solid, poised for sustained growth in the coming year.
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