Despite contracting 0.3% in 2023, Germany overtook Japan to be the third world’s biggest economy with a gross domestic product of US$4.5 trillion (RM21.5 trillion). Official data also showed Japan netted 1.9% growth, or US$4.2 trillion, last year.
Malaysia is set to achieve the 2023 gross domestic product growth target of 4% to 5% based on the good economic momentum seen so far, the Statistics Department said.
