Malaysia outperforms 2024 GDP and fiscal deficit targets


Prime Minister Datuk Seri Anwar Ibrahim - Bernama

KUALA LUMPUR: Malaysia’s gross domestic product jumped to 5.1% in 2024 (2023: 3.6%), exceeding the government’s 4%-5% forecast, while the fiscal deficit narrowed to 4.1%, outperforming the 4.3% target.

The Finance Ministry, in a statement, said this achievement reflects the Madani Government’s confidence and determination to turn around the Malaysian economy, driven by clear and progressive policies introduced since 2023 under the Ekonomi Madani framework and supported by political stability.

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GDP , Fiscal deficit , Anwar Ibrahim

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