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Curated news and insights covering emerging and developed markets directly from CEIC's analysts worldwide.  

On a year-average basis real GDP contracted by 5.6% in 2020 following growth of 4.3% in 2019.
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Malaysia's real GDP contracted by 3.45% y/y in Q4 2020

On a year-average basis real GDP contracted by 5.6% in 2020 following growth of 4.3% in 2019.

Contraction in Card Payments in India

In India, debit cards are a more popular form of card payment as compared to credit cards due to the stringent pre-requisites needed for the latter,