Malaysia's Economy to Grow 3.9% in 2025, Says World Bank
The World Bank has forecasted a 3.9% growth rate for Malaysia's gross domestic product (GDP) in 2025, despite facing global economic challenges. This projection is based on the country's resilient economy and its ability to navigate through uncertainties. With the ongoing efforts to boost domestic demand and invest in key sectors, Malaysia is expected to maintain a steady growth trajectory. The World Bank's forecast is in line with the government's efforts to promote economic growth, increase foreign investment, and enhance trade relationships. As the country continues to adapt to the changing global landscape, it is likely to remain a key player in the regional economy, driven by its strong fundamentals and strategic location. Key drivers of growth include private consumption, investment, and exports, which are expected to contribute to the country's economic expansion. The World Bank's projection of 3.9% GDP growth for Malaysia in 2025 is a positive indicator of the country's economic prospects, with opportunities for further growth and development in the years to come, supported by digital transformation and innovation.