CGS International Lifts Malaysia's 2025 GDP Growth Forecast To 4.7 Pct

KUALA LUMPUR, Oct 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised its forecast for Malaysia’s gross domestic product (GDP) growth in 2025 higher to 4.7 per cent year-on-year (y-o-y) from 4.2 per cent, driven by the GDP growth momentum in the third quarter of 2025 (3Q 2025). 

Citing the Department of Statistics Malaysia’s advance estimates released on Oct 17, 2025, it said the country’s GDP grew 5.2 per cent y-o-y in 3Q 2025 (2Q 2025: 4.4 per cent), owing to improvements across all sectors especially mining, and electrical and electronics sectors.

“Given the surprise, we now believe strong exports may sustain a bit more before tariffs kick in, and the domestic economy appears more resilient,” it said in a research note today.

CGS International said the upbeat 3Q 2025 GDP performance warrants a revision due to statistical reasons, Malaysia seems to be faring well in maneuvering the tide (global economic challenges).

The research house said the finalised 3Q 2025 GDP data is scheduled for release on Nov 14, 2025.

“For 2026, we think the momentum will continue and we retain our GDP growth forecast of 4.6 per cent,” it said.  

-- BERNAMA