Summary
- Penang records 7.3% economic growth.
- State GDP reaches RM130.3 billion.
- Manufacturing remains a key driver.
GEORGE TOWN, October 30 — Penang’s economy expanded by 7.3% in 2025, exceeding Malaysia’s national growth rate of 5.2%, according to figures presented in the state’s 2027 budget.
The state’s gross domestic product increased from RM121.4 billion in 2024 to RM130.3 billion in 2025. Manufacturing accounted for 47.3% of the state’s economic activity.
Followed closely by services at 46.7%. The figures highlight Penang’s continued reliance on manufacturing and services as its main economic drivers.
