Malaysia's economy experienced a modest deceleration in the fourth quarter of 2024, with Gross Domestic Product (GDP) growth settling at 5.0%, down from 5.4% in the previous quarter. This data, revealed on the 14th of February, 2025, indicates a gradual slowdown in growth when viewed on a year-over-year basis.
The fourth-quarter data highlights a comparative measurement against the same period in the previous year. While the previous quarter also saw comparisons on a similar year-over-year basis, the recent figures suggest pressure on Malaysia's economic momentum.
This slight decline in GDP figures points to emerging challenges in maintaining consistent growth rates, prompting further analysis into the contributing factors behind this trend. Stakeholders and policymakers will now be closely monitoring economic indicators and external factors that could be influencing the nation's growth trajectory as they strategize on sustaining Malaysia's economic development.
