Malaysia's economy expands 5% in 4Q, 5.1% in 2024


KUALA LUMPUR: Malaysia's economy grew 5% in the fourth quarter of 2024 (4Q24), slightly above market expectations and the official advance estimate of 4.8%.

The economic report released by Bank Negara said growth in 4Q, which moderated from 5.3% in the preceding quarter, was supported by continued expansion in the services, manufacturing and construction sectors.

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