In 2024, the ratio of national debt to gross domestic product (GDP) of Malaysia was about 70.39 percent. Between 1990 and 2024, the figure dropped by approximately 3.74 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the ratio will rise by around 0.41 percentage points, showing an overall upward trend with periodic ups and downs.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Malaysia recorded a Government Debt to GDP of 70.40 percent of the country's Gross Domestic Product in 2024. This dataset provides - Malaysia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Malaysia External Debt

• Malaysia External Debt reached 301.0 USD bn in Dec 2024, compared with 306.3 USD bn in the previous quarter.
• Malaysia External Debt: USD mn data is updated quarterly, available from Mar 2009 to Dec 2024.
• The data reached an all-time high of 306.3 USD bn in Sep 2024 and a record low of 100.1 USD bn in Mar 2009.

CEIC converts quarterly External Debt into USD. Bank Negara Malaysia provides External Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Malaysia External Debt

• In the latest reports of Malaysia, Current Account recorded a surplus of 2.6 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 6.8 USD bn in Dec 2024.
• Malaysia Direct Investment Abroad expanded by 2.8 USD bn in Dec 2024.
• Its Foreign Portfolio Investment fell by 3.7 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 101.3 USD bn in Mar 2023.

Key information about Malaysia National Government Debt

• Malaysia National Government Debt reached 279.1 USD bn in Dec 2024, compared with 300.7 USD bn in the previous quarter.
• Malaysia National Government Debt data is updated quarterly, available from Mar 1978 to Dec 2024.
• The data reached an all-time high of 300.7 USD bn in Sep 2024 and a record low of 6.9 USD bn in Mar 1978.

CEIC converts quarterly Government Debt into USD. Bank Negara Malaysia provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt covers Central Government only.


Related information about Malaysia National Government Debt

• In the latest reports, Malaysia Consolidated Fiscal Balance recorded a deficit equal to 5.9 % of its Nominal GDP in Dec 2023.
• The country's Government debt accounted for 64.6 % of its Nominal GDP in Dec 2024.
• Malaysia Nominal GDP reached 101.3 USD bn in Mar 2023.

The national debt of Malaysia amounted to about ************** U.S. dollars in 2024. Between 1990 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

External Debt in Malaysia increased to 1403300 MYR Million in the second quarter of 2025 from 1375300 MYR Million in the first quarter of 2025. This dataset provides - Malaysia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central government debt, total (% of GDP) in Malaysia was reported at 64.32 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Malaysia: Government debt as percent of GDP: The latest value from 2023 is 64.3 percent, an increase from 60.3 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Malaysia from 1970 to 2023 is 54.43 percent. The minimum value, 31.91 percent, was reached in 1997 while the maximum of 103.37 percent was recorded in 1986.

Key information about Malaysia Private Debt: % of Nominal GDP

• Malaysia Private Debt accounted for 116.24 % of its Nominal GDP in Dec 2024, compared with a ratio of 115.73 % in the previous quarter
• Malaysia Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2001 to Dec 2024, with an average share of 117.13 %
• The data reached an all-time high of 134.56 % in Mar 2021 and a record low of 96.60 % in Dec 2008

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. The International Monetary Fund provides Private Debt in local currency. The Department of Statistics provides Nominal GDP in local currency base on SNA 2008 with benchmark year 2015. Private Debt as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on SNA 2008 with benchmark year 2010, prior to Q4 2010 is based on SNA 1993 with benchmark year 2005, and prior to Q4 2005 is based on SNA 1993 with benchmark year 2000.

Graph and download economic data for Outstanding Domestic Private Debt Securities to GDP for Malaysia from 2005 to 2020 about Malaysia, debt, domestic, securities, private, and GDP.

Households Debt in Malaysia increased to 69.60 percent of GDP in the first quarter of 2025 from 69.50 percent of GDP in the fourth quarter of 2024. This dataset provides - Malaysia Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the Malaysian government debt was at **** percent of its gross domestic product (GDP). This was an increase of around four percent compared to the previous year. The federal government debt ratio to GDP has been increasing since 2018.

Key information about Malaysia Government Debt: % of GDP

• Malaysia Government debt accounted for 64.6 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 65.0 % in the previous quarter.
• Malaysia government debt to GDP ratio data is updated quarterly, available from Dec 2010 to Dec 2024.
• The data reached an all-time high of 65.6 % in Mar 2024 and a record low of 49.3 % in Sep 2011.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Bank Negara Malaysia provides Government Debt in local currency. The Department of Statistics provides Nominal GDP in local currency. Nominal GDP prior to Q4 2015 is based on SNA 2008 with benchmark year 2010.


Related information about Malaysia Government Debt: % of GDP

• In the latest reports, Malaysia National Government Debt reached 279.1 USD bn in Dec 2024.
• The country's Nominal GDP reached 101.3 USD bn in Mar 2023.

In 2023, non-resident (NR) holdings of domestic debt securities had the highest share of external debt in Malaysia, with about ** percent. By way of comparison, loans made up seven percent of total external debt in Malaysia in the same year.

In 20232, banks constituted the highest share of the external debt in Malaysia, with approximately ** percent. In comparison, the share of Bank Negara Malaysia's debts to the external debt in Malaysia amounted to about *** percent.

Key information about Malaysia External Debt: Short Term

• Malaysia External Debt: Short Term value stood at 128.7 USD bn in Dec 2024, compared with 125.3 USD bn in the previous quarter.
• Malaysia External Debt: Short Term data is updated quarterly, available from Mar 2009 to Dec 2024.
• The data reached an all-time high of 128.7 USD bn in Dec 2024 and a record low of 44.2 USD bn in Mar 2009.

CEIC converts quarterly Short Term External Debt into USD. Bank Negara Malaysia provides Short Term External Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Malaysia External Debt: Short Term

• In the latest reports of Malaysia, Current Account recorded a surplus of 2.6 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 6.8 USD bn in Dec 2024.
• Malaysia Direct Investment Abroad expanded by 2.8 USD bn in Dec 2024.
• Its Foreign Portfolio Investment fell by 3.7 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 101.3 USD bn in Mar 2023.

Key information about Malaysia External Debt: % of GDP

• Malaysia External Debt accounted for 69.7 % of the country's Nominal GDP in 2024, compared with the ratio of 68.2 % in the previous year.
• Malaysia External Debt: % of Nominal GDP data is updated yearly, available from Dec 2009 to Dec 2024.
• The data reached an all-time high of 73.2 % in Dec 2016 and a record low of 52.9 % in Dec 2010.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. Bank Negara Malaysia provides External Debt in local currency. The Department of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015. Nominal GDP prior to 2015 is based on SNA 2008 with benchmark year 2010 and prior to 2010 is based on SNA 1993 with benchmark year 2005.


Related information about Malaysia External Debt: % of GDP

• In the latest reports of Malaysia, Current Account recorded a surplus of 2.6 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 6.8 USD bn in Dec 2024.
• Malaysia Direct Investment Abroad expanded by 2.8 USD bn in Dec 2024.
• Its Foreign Portfolio Investment fell by 3.7 USD bn in Dec 2024.
• The country's External Debt reached 301,013.7 in Dec 2024.
• The country's Nominal GDP was reported at 101.3 USD bn in Mar 2023.

Graph and download economic data for Central government debt, total (% of GDP) for Malaysia (DEBTTLMYA188A) from 1990 to 2023 about Malaysia, debt, government, and GDP.

International debt securities, all maturities in Malaysia was reported at 43678000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - International debt securities, all maturities - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

In 2023, the foreign currency-denominated debt amounted to approximately ** percent of Malaysia's total external debt. By way of comparison, about ** percent of the total external debt was ringgit denominated debt.