Malaysia has marked a significant milestone in its digital economy journey, recording an impressive RM6.8 billion in digital exports between 2024 and the first half of 2025, as reported by the Malaysia Digital Economy Corporation (MDEC).
This achievement, celebrated alongside MDEC’s 30th anniversary, underscores the nation’s growing influence in the global digital landscape.
Malaysia’s Digital Economy: A Historical Perspective
Over the past few decades, Malaysia has transformed from a manufacturing-based economy to a burgeoning tech hub, with initiatives like the Multimedia Super Corridor in the 1990s laying the groundwork for today’s success.
The digital export figures for 2024 alone reached RM4.2 billion, driven by contributions from 325 companies across 27 sectors, highlighting the diversity and strength of the ecosystem.
Impact on Malaysia’s Economy and Global Standing
These export numbers signify not just economic growth but also Malaysia’s rising competitiveness in high-value sectors like e-commerce, AI, and data centers, positioning the country as a leader in Southeast Asia.
The surge in digital exports has created thousands of high-value jobs, reinforcing Malaysia’s reputation as a destination for tech investments and talent development.
Key Drivers and Future Prospects
Government policies, political stability, and strategic partnerships have been pivotal in attracting digital investments, with 2024 seeing a record MYR 163.6 billion in approved investments, according to earlier MDEC reports.
Looking ahead, experts predict that Malaysia’s digital economy could surpass US$39 billion by the end of 2026 if current growth trends continue, fueled by innovations in AI and 5G infrastructure.
However, challenges such as rural connectivity gaps and declining 5G speeds, as noted in recent analyses, must be addressed to sustain this momentum.
A Vision for 2030 and Beyond
Malaysia’s National AI Roadmap and ongoing investments in data centers signal a clear ambition to become a regional tech powerhouse by 2030.
The success of digital exports is a stepping stone toward achieving broader economic goals, including increased foreign direct investment and enhanced global trade partnerships.
As Malaysia enters 2026 with strong investment momentum, the focus on digital transformation promises a future where technology drives sustainable growth and innovation.
Andrew Lee
