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Malaysia's 2022 GDP Excites But What's In Store For 2023?
11 mins·07:45, 13 Feb 2023
Malaysia's 2022 GDP Excites But What's In Store For 2023?
11 mins
·
07:45, 13 Feb 2023
·
Recommended
Guest: Woon Khai Jhek, Head of Economic Research & Senior Economist, RAM Ratings
Malaysia’s GDP in 2022 recorded the highest annual growth rate in more than 2 decades at 8.7%, which was higher than the median estimate of 8.6% in a Bloomberg survey. As for the last quarter of the year, the economy expanded by 7% y-o-y. The services sector recorded the highest growth in 2022 at 10.9%. Can Malaysia be shielded from a challenging global environment and what growth can we expect for 2023? For answers we speak to Woon Khai Jhek, Head of Economic Research and Senior Economist at RAM Ratings.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Philip See, Chong Tjen San
Producer: Moh Heng Ying
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