US tariffs to have bigger impact on economy in 2026
The US tariff rate of 19% on Malaysia’s exports is expected to cut economic growth by 0.76% next year.
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GDP
US tariff may cut 2025 GDP growth by up to 1.2 points, says Tengku Zafrul
GDP growth in 2026 is also expected to ease slightly, as the effects of the reciprocal tariff continue to be felt throughout the year.
Malaysia’s household debt manageable at 84.3% of GDP, says BNM
Central bank governor Abdul Rasheed Ghaffour says that from a stability perspective, the loans being extended are of good quality.
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