Malaysian economy
The Malaysian economy is a mixed economy that combines both free market and government intervention. It is one of the largest in Southeast Asia, driven by sectors such as manufacturing, services, and agriculture. Key exports include palm oil, electronics, and petroleum, which contribute significantly to the country's GDP.
In recent years, Malaysia has focused on diversifying its economy to reduce dependence on commodities. The government has implemented various initiatives to promote innovation and technology, aiming to transform the nation into a high-income economy. Additionally, tourism plays a vital role, attracting millions of visitors to its diverse attractions.