Malaysia Sees Growth Near 4.8% in 2025, Defying US Tariffs

The Petronas Twin Towers, center, and other buildings in Kuala Lumpur.Photographer: Samsul Said/Bloomberg

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By Anisah Shukry and Kok Leong Chan

November 14, 2025 at 4:00 AM UTC

Updated on

November 15, 2025 at 3:53 AM UTC

Malaysia predicts growth this year will likely approach 4.8% after a resurgent exports sector defied the impact of US tariffs in the third quarter.

The nation’s growth rate in 2025 is set to be “closer to” the upper range of the official forecast of 4% to 4.8%, and may even exceed it, Bank Negara Malaysia Governor Abdul Rasheed Ghaffour said at a briefing in Kuala Lumpur on Friday.