
Selangor Posts Record RM432.1 Billion GDP in 2024, Leads National Growth
In 2024, Selangor's GDP reached RM432.1 billion, leading Malaysia’s economy with a 6.3% growth, driven by robust services and manufacturing sectors.

In 2024, Selangor's GDP reached RM432.1 billion, leading Malaysia’s economy with a 6.3% growth, driven by robust services and manufacturing sectors.

On June 19, 2025, the Bank of England held its interest rate at 4.25%, citing inflation concerns and economic uncertainties.

“The major risk in front of us is that there could be further escalation in tariffs and trade tensions,” IMF Chief Economist Pierre-Olivier Gourinchas.

The World Bank projects Malaysia's 2025 economic growth at 3.9%, lower than regional peers, prompted by global economic challenges and U.S. tariffs.

Certainly, this (Malaysia’s growth) will need to be marked out. But we are not in a rush to do it because we need to…

Malaysia's GDP growth is projected to hit 4.5% in 2025, driven by domestic spending and trade improvements. First quarter growth estimated at 4.4%.

GDP fell -3.7%qoq from the previous quarter. On quarter-on-quarter basis, Malaysia’s GDP fell by -3.7%qoq in 1QCY25 (4QCY25: +2.7%qoq) based on data which is…

Exports rose by +6.2% YoY, driven by higher shipments of E&E (Electrical & Electronics) and palm oil products.

The government maintains prudent lending standards through the Policy Document on Responsible Financing, ensuring household debt remains manageable.

Despite global uncertainties, Malaysia’s private consumption remained a key growth driver, expanding by 5.1% yoy in 4Q24 (3Q24: 4.8%)

4QCY24 Performance: GDP growth moderated to 5.0% YoY, slightly above market expectations and the initial estimate of 4.8%.

For the full year 2024, GDP grew by 5.1% (2023: 3.6%), supported by strong household spending, investment growth, and a recovery in exports

IMF praises Malaysia’s economic reforms, including the Fiscal Responsibility Act 2023, urging accelerated implementation to ensure resilience amid uncertainties.

Japan’s GDP is expected to grow 1.0% in 2025, driven by domestic demand, wage growth, and trade risks.

Global debt surged to $323 trillion in 2024, driven by emerging markets and government spending, amid rising trade tensions and climate-related financial challenges.

Malaysia will be announcing its 3Q GDP data and the US will release its retail sales report, both of which are expected to draw…