The chart above shows Malaysia's GDP trend over the past 30 years. The past 3 negative developments were the Asian financial turmoil, the US subprime mortgage crisis, and the 2020 COVID-19 lockdown.
Growth in 2022 is due to the low base in 2021, and the IMF estimates that China's GDP in 2023 will be between 4.3 and 4.5%. Malaysia's GDP growth in the first quarter was 5.6%. Consumption growth slowed in Q2 and exports declined, and the market expected GDP growth to be lower than in Q1.
The GDP for Q2 will be released this Friday. You might as well leave a message to guess what% of GDP will be in Q2. The author's own lottery figure is 3.6%. You might as well leave a message with your own predictions. Let's see who guesses the closest number on Friday. 😎