Malaysia’s economy experienced a 4.4% growth in the first quarter of 2025, compared to the same period a year earlier.
This growth rate is slightly below the market’s expectations, but it aligns with the government’s estimates, according to data released on Friday.
Economists who were surveyed had predicted that the annual gross domestic product (GDP) growth would reach 4.5% during the January to March period. Nevertheless, the actual growth fell slightly short of this forecast.
On a quarter-on-quarter seasonally adjusted basis, the GDP for the first quarter expanded by 0.7%. This is a significant improvement compared to the 0.2% contraction witnessed in the previous quarter.
It’s also worth noting that the economy grew by a revised 4.9% in the final quarter of 2024. This indicates that while the growth rate has slightly decreased, the overall economy is still on an upward trajectory.
Source: Investing