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Malaysia's GDP grew by 5.1% in 2024, reaching RM1.65 trillion, driven by strong domestic demand and key sectors like services and manufacturing. The services sector, boosted by tourism, grew by 5.3%, while manufacturing saw a 4.2% increase, supported by global demand for electrical and electronic products. All states recorded positive growth, with Johor, Selangor, Kuala Lumpur, Pahang, and Labuan exceeding the national average. Despite global uncertainties, exports increased by 5.8% to RM1.5 trillion, driven by a rebound in electrical and electronic goods. Imports also rose by 13.1% to RM1.4 trillion.
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