KUALA LUMPUR, Feb 10 — Bank Negara Malaysia (BNM) today announced that Malaysia’s gross domestic product (GDP) grew by 8.7 per cent last year, and gave assurance that Malaysia’s economy will not be going into a recession this year.

In a press conference, BNM governor Tan Sri Nor Shamsiah Mohd Yunus pointed out that last year’s growth rate is the highest annual growth rate posted by the country in the past 22 years — after the 8.9 per cent growth rate recorded in 2000.

“We expect that growth in 2023 will continue to be forthcoming, though at a much more moderate pace because of slower external demand, but it will still be supported by domestic demand,” she said at Sasana Kijang here.

https://www.malaymail.com/news/malaysia/2023/02/10/bnm-malaysias-gdp-grew-by-record-high-in-two-decades-no-chance-of-recession-in-2023/54304