Malaysia Q2 GDP Growth Steady At 4.4%

Malaysia's economy expanded at a stable pace in the second quarter, a revised estimate from the Department of Statistics showed on Friday.

Gross domestic product expanded 4.4 percent year-on-year in the second quarter, the same as in the first quarter. That was slightly slower than the 4.5 percent growth seen in the flash estimate published earlier.

The sustained expansion was driven by domestic consumption and investment despite softer external demand.

On the production side, services output posted a faster growth of 5.1 percent, following a 5.0 percent rise a quarter ago. At the same time, growth in manufacturing slowed to 3.7 percent from 4.1 percent.

Conversely, the mining and quarrying sector continued to experience a contraction of 5.2 percent.

The expenditure breakdown showed that private final consumption grew 5.3 percent, and government consumption rose 6.4 percent. Gross fixed capital formation advanced 12.1 percent. Both exports and imports rose by 2.6 percent and 6.6 percent, respectively.

Quarter-on-quarter, the economy grew 2.1 percent, faster than the 0.7 percent expansion in the first quarter.

Malaysia's economy grew at 4.4 percent for the first half of 2025 as compared to 5.0 percent during the same period of 2024.

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