Malaysia’s 2019 annual GDP growth at 4.3% — slowest pace in ten years
KUALA LUMPUR (Feb 12): Malaysia’s annual gross domestic product (GDP) growth moderated to 4.3% in 2019 — the lowest level since the Global Financial Crisis in 2009.
The country’s fourth quarter of 2019 (4Q19) GDP growth slowed to 3.6%, which is the lowest in 41 quarters since 3Q09, according to Bank Negara Malaysia (BNM) statistics released today.
Speaking at a media briefing here today, BNM Governor Datuk Nor Shamsiah Mohd Yunus explained that the annual growth in 2019 was adversely affected by supply disruptions, especially in the commodity sector.……
SE Asia Economy
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