|Total prize money||US$151,050|
|Location||Kuala Lumpur, Malaysia|
The 1986 World Badminton Grand Prix was the fourth edition of the World Badminton Grand Prix finals. It was held in Kuala Lumpur, Malaysia, from December 16 to December 21, 1986.
|Men's singles||Yang Yang||Morten Frost||18–13, 15–8|
|Women's singles||Li Lingwei||Han Aiping||11–5, 11–3|
|Men's doubles||Jalani Sidek & Razif Sidek||Hadibowo & Eddy Hartono||10–15, 15–5, 18–13|
|Women's doubles||Hwang Hye-young & Chung Myung-hee||Verawaty Wiharjo & Ivana Lie||15–10, 15–6|
|Mixed doubles||Nigel Tier & Gillian Gowers||Thomas Kihlström & Christine Magnusson||15–8, 18–15|