Gross fixed capital formation recorded at RM314.8bil in 2023 - DoSM

KUALA LUMPUR: Malaysia's gross fixed capital formation (GFCF) was recorded at RM314.5 billion at constant prices in 2023 versus RM298.2 billion in 2022, said the Statistics Department Malaysia (DoSM).

In a statement today, DoSM said the combination of global economic pressures, domestic policy adjustments, sector-specific challenges and financial conditions significantly contributed to the GFCF’s moderate growth last year.