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Economy And The Numbers

Malaysia GDP Growth Improves In Q2

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
malaysia april 19 18jul25 lt

Malaysia's economic growth improved in the second quarter driven by strong domestic demand amid global trade distortions, advance estimates from the Department of Statistics showed on Friday.

Gross domestic product expanded 4.5 percent year-on-year in the second quarter, slightly faster than the 4.4 percent growth seen in the first quarter.

Production-side breakdown of GDP showed that the annual growth was largely underpinned by services and manufacturing sectors.

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