
KUALA LUMPUR -- Malaysia's gross domestic product rose 4.3% in 2019, slowing down from the 4.7% growth logged in 2018, on shrinking private consumption and slower external demand amid a gloomy global economic picture. GDP grew at its slowest pace in 10 years.
For the October to December quarter, the economy grew 3.6% on the year, -- also the lowest point since the 2009 global financial crisis -- versus an average forecast of 4.2% by 13 economists in a Reuters poll and lower than the 4.9% and 4.4% registered in the second and third quarters of 2019.