KUCHING: Malaysia’s 2025 growth outlook has been cut to 3.9 per cent, the World Bank said, citing global economic headwinds.
The downgrade, shared by its lead economist for Malaysia Apurva Sanghi on X, puts Malaysia behind regional peers such as Vietnam (5.8 per cent), the Philippines (5.3 per cent), Indonesia (4.7 per cent), Cambodia (4 per cent), and Thailand (1.65 per cent).
China, a major trading partner, is expected to grow 4 per cent.
The revision follows Bank Negara Malaysia’s admission that its earlier 4.5 per cent-5.5 per cent forecast may need reassessment, especially after new US tariffs.
It also trails an International Monetary Fund downgrade earlier this week, which lowered Malaysia’s 2025 estimate to 4.1 per cent.
