Macro - Country Economic Forecasts - Malaysia

We've downgraded our 2025 GDP growth forecast for Malaysia by 0.3ppts to 3.8%. The revision reflects US trade policy-induced disruptions to the global economy, which will keep Malaysia's growth momentum subdued. That said, possible inflationary pressures from domestic measures could prevent Bank Negara Malaysia from tweaking its policy rate this year.


Malaysia: Growth limited by heightened trade policy uncertainty
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
Alternative long-run scenarios
Background
Economic development
Structure of the economy

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