Malaysia's Economy Remains Resilient, Outperforms Singapore, Thailand
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia’s economic growth performance in the second quarter of 2025 (2Q 2025) remained resilient despite geopolitical and global trade uncertainties, outperforming several ASEAN countries, including Singapore and Thailand
According to the Finance Ministry (MoF), Malaysia’s gross domestic product (GDP) stood at 4.4 per cent during the quarter, supported by sustained domestic demand, compared with Singapore’s 4.3 per cent and Thailand’s 2.8 per cent.
“Overall, the nation’s GDP growth is projected to be between 4.0 per cent and 4.8 per cent this year,” it said in a written reply published on Parliament’s website today.
The reply was in response to a question from Senator Pele Peter Tinggom in the Dewan Negara, who asked about Malaysia’s economic performance for the period compared with other ASEAN countries.
Nonetheless, the MoF said Malaysia’s GDP growth was lower compared to that of Vietnam (7.9 per cent), the Philippines (5.5 per cent) and Indonesia (5.1 per cent).
It noted that the growth performances across countries reflect the diversity of their economic structures and policy strategies.
As a whole, based on the latest performance, Malaysia’s economy remains resilient, driven by the inclusive and balanced MADANI Economy framework, it said.
-- BERNAMA