GDP grew 3.1pct in 2021, backed by Q4 rebound

Malaysia's economy rebounded 3.6 percent in the fourth quarter of 2021 (Q4 2021), driven by higher external demand, according to the Department of Statistics (DOSM).

Overall, Malaysia’s economic performance in 2021 revealed a recovery momentum with a growth of 3.1 percent, compared to a decline of 5.6 percent in 2020, it said.

“From the current economic standing, the performance in 2021 is still below its pre-pandemic level in 2019, however...