Malaysia may hit four-year growth high as HSBC lifts 2026 forecast [WATCH]
KUALA LUMPUR: Malaysia’s economy could post its strongest annual growth in four years after HSBC raised its 2026 gross domestic product (GDP) forecast to 5.5 per cent from 5.2 per cent, a revision that economists say is plausible.
![Malaysia may hit four-year growth high as HSBC lifts 2026 forecast [WATCH]](/img/17309195)
KUALA LUMPUR: Malaysia's economy may achieve its strongest annual growth in four years, with HSBC upgrading its 2026 GDP forecast to 5.5 percent from 5.2 percent. This growth would be the fastest since 2022 and the strongest annual increase in nine years since 2017. The upgrade follows Malaysia's better-than-expected Q3 GDP growth estimate of 5.3 percent.
Economist Geoffrey Williams believes a growth rate of 5.5 percent or higher is plausible and could continue into the following year. Dr Yeah Kim Leng from Sunway University describes the forecast as plausible and well-grounded, though it exceeds consensus estimates. The economy grew 5.5 percent across the first three quarters, and with momentum expected to carry into Q4, driven by robust private consumption and investment, low inflation, and a record surge in electronics exports, there is a strong likelihood that the full-year growth will reach 5.5 percent.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
