Malaysia BIP Veränderung zum Vorjahr

Malaysia’s economy grew 5% year-on-year in Q4 2024, surpassing initial estimates of 4.8% but slowing from an upwardly revised 5.4% in the previous quarter. This marks the slowest growth in three quarters, driven by weaker manufacturing output (4.4% vs. 5.6% in Q3) and contractions in agriculture (-0.5% vs. 4%) and mining (-0.9% vs. -3.9%). Meanwhile, construction growth accelerated (20.7% vs. 19.9%). On the expenditure side, growth moderated for government spending (3.3% vs. 4.9%) and fixed investment (11.7% vs. 15.3%) but edged higher for private consumption (4.9% vs. 4.8%). Net trade contributed positively to GDP, as exports rose 8.5% (vs. 11.8%) while imports grew at a softer 5.7% (vs. 13.5%). On a seasonally adjusted quarterly basis, the economy contracted 1.1%, its first decline since Q4 2023, following a revised 1.8% expansion in Q3. For the full year, Malaysia’s GDP grew 5.1%.