# Malaysia digital economy development

> Developing situation record from CLSTR: https://clstr.news/situations/malaysia-digital-economy-development
> Updated: 2026-10-28T18:07:24.000Z. Sources: 2. Developments: 2.

The Malaysia Digital Economy Corporation (MDEC) has initiated a strategic push to transition the nation from a participant to a global leader in digital technology. This strategy, supported by the Thirteenth Malaysia Plan and the Malaysia Digital Action Plan 2030, aims to establish the country as a regional hub and a sustainable AI nation, with a goal for the digital economy to contribute 30% of the national GDP by 2030.

Projections indicate significant growth within this sector, with the digital economy expected to reach US$48 billion by 2026. E-commerce is a primary driver, with transaction values projected to hit US$25 billion. Growth is further supported by advancements in fintech, including a rise in electronic payment transactions and the exploration of ringgit-denominated stablecoins by Bank Negara Malaysia to facilitate cross-border payments.

## Timeline

### 2026-10-28: Malaysia digital economy projected to reach US$48 billion by 2026

Malaysia's digital economy is forecasted to hit US$48 billion by 2026, driven by rapid e-commerce growth and a surge in electronic payment transactions.

2 sources. https://clstr.news/cluster/malaysia-digital-economy-projected-to-reach-us48-billion-by-2026

### 2026-10-04: Malaysia Digital Economy Corporation targets global tech leadership

MDEC aims to transition Malaysia from a digital participant to a global leader by focusing on AI, commercializing homegrown innovation, and targeting a 30% digital economy contribution to GDP by 2030.

2 sources. https://clstr.news/cluster/malaysia-digital-economy-corporation-targets-global-tech-leadership

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Cite as: Malaysia digital economy development. CLSTR, https://clstr.news/situations/malaysia-digital-economy-development