Macro - Country Economic Forecasts - Malaysia

Macro - Country Economic Forecasts - Malaysia



Despite Malaysia's solid Q3 GDP growth, early signs of weakness are emerging in private consumption and the services sector. We've kept our 2023 GDP forecast at 4.3% and expect growth to slump to 3.5% in 2024 as domestic demand loses momentum and fiscal policy drags.


Malaysia: Weakness is brewing despite strong L3 growth
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and Structure of trade
Politics

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