The economy of Malaysia is the fifth largest in Southeast Asia and the 36th largest in the world in terms of GDP. The 2018 labour productivity of Malaysia was measured at Int$55,360 per worker, the third highest in ASEAN. The 2021 Global Competitiveness Report ranked Malaysian economy the 25th most competitive country economy in the world.

The COVID-19 pandemic in Malaysia was a part of the worldwide pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2. As of 10 February 2023, with over 5 million confirmed COVID-19 cases, a high of approximately 323,000 active cases, nearly 40,000 deaths, and over 66 million tests, the country is currently ranked third in the number of COVID-19 cases in Southeast Asia behind Vietnam and Indonesia, and fourth in the number of COVID-19 deaths in Southeast Asia behind Indonesia, the Philippines, and Vietnam.