The real interest rate in Malaysia increased by 9.7 percentage points compared to the previous year. Therefore, the real interest rate in Malaysia reached a peak in 2023 with 7.32 percent. Real interest rate is the adjusted lending interest rate to remove the effects of inflation, as measured by the GDP deflator (implicit price deflator).Find more statistics on other topics about Malaysia with key insights such as number of automated teller machines (ATMs), deposit interest rate, and broad money as a percentage of GDP.

In 2023, the deposit interest rate in Malaysia increased by 0.7 percentage points (+35.9 percent) compared to 2022. In total, the deposit interest rate amounted to 2.65 percent in 2023. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.Find more statistics on other topics about Malaysia with key insights such as real interest rate, domestic credit to the private sector as a share of GDP, and number of automated teller machines (ATMs).

Forecast: Bank Lending Interest Rate in Malaysia 2024 - 2028 Discover more data with ReportLinker!

Malaysia Lending Interest Rate data was reported at 4.544 % pa in 2016. This records a decrease from the previous number of 4.585 % pa for 2015. Malaysia Lending Interest Rate data is updated yearly, averaging 6.827 % pa from Dec 1987 (Median) to 2016, with 30 observations. The data reached an all-time high of 12.134 % pa in 1998 and a record low of 4.544 % pa in 2016. Malaysia Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

In 2023, the interest rate of savings deposit of commercial banks in Malaysia was at 0.91 percent per annum, a slight increase from 0.68 percent in the previous year. The savings deposit rate has been decreasing in the past four years, from 1.01 percent per annum in 2019.

Malaysia Deposit Interest Rate data was reported at 3.028 % pa in 2016. This records a decrease from the previous number of 3.134 % pa for 2015. Malaysia Deposit Interest Rate data is updated yearly, averaging 5.146 % pa from Dec 1967 (Median) to 2016, with 50 observations. The data reached an all-time high of 9.750 % pa in 1982 and a record low of 2.082 % pa in 2009. Malaysia Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

As of November 2024, the overnight policy rate (OPR) in Malaysia remained at three percent. The OPR is a benchmark rate set by the country's central bank, Bank Negara Malaysia (BNM). It is the rate at which financial institutions borrow or lend money overnight, and will affect the interest rates in commercial banks.

Den referanserenten i Malaysia ble sist registrert på 3 prosent. Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Malaysia - Rentesats.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Malaysia.

Malaysia Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 1.462 % pa in 2014. This records a decrease from the previous number of 1.615 % pa for 2013. Malaysia Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 3.490 % pa from Dec 1987 (Median) to 2014, with 28 observations. The data reached an all-time high of 7.686 % pa in 1987 and a record low of 1.462 % pa in 2014. Malaysia Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics database.; ;

In 2023, the household sector had the largest amount of financing from Islamic banks in Malaysia, with a total of approximately 560 billion Malaysian ringgit. The second-largest sector that had financing from Islamic banks was finance, insurance, real estate and business sector, with more than 100 billion Malaysian ringgit.

In January 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0.5 percent in January 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

In 2023, the interest rate of fixed deposits in investment banks in Malaysia with a maturity term of 12 months was at 3.63 percent per annum, an increase from 3.63 percent per annum in the previous year. The interest rate of yearly fixed deposits was at its highest in 2018, with 3.83 percent per annum, and has been decreasing since then.

As of the 2nd quarter of 2024, the net interest income of banks in Malaysia amounted to around 15.49 billion Malaysian ringgit. This was an increase from around 15.16 billion Malaysian ringgit in the previous quarter. The net interest income is the difference between revenue generated by interest-bearing assets and the cost of liabilities.

Credit: Private Non-Financial Sector: Outstanding: Loan: Household data was reported at 1,477,692.155 MYR mn in Jan 2025. This records an increase from the previous number of 1,468,561.696 MYR mn for Dec 2024. Credit: Private Non-Financial Sector: Outstanding: Loan: Household data is updated monthly, averaging 1,325,925.965 MYR mn from Jul 2021 (Median) to Jan 2025, with 43 observations. The data reached an all-time high of 1,477,692.155 MYR mn in Jan 2025 and a record low of 1,206,033.991 MYR mn in Jul 2021. Credit: Private Non-Financial Sector: Outstanding: Loan: Household data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KB010: Loans and Financing Deposits Ratio.

This statistic shows the average inflation rate in Malaysia from 1987 to 2023, with projections up to 2029. In 2023, the average inflation rate in Malaysia amounted to about 2.49 percent compared to the previous year.

Malaysia's economy is slowly recovering

The inflation rate is the annual rate of increase of a price index, normally the consumer price index over time. If the same item bought today for 1 U.S. dollar is bought again one year from now, but for 1.03 U.S. dollars, then the inflation rate is at 3 percent. Generally, a low inflation rate is sought by every country, and a rate of 3 percent, as is estimated for Malaysia in the next few years, is considered low. However, there was a slight rise in Malaysia’s inflation rate, from close to 2 percent in 2010 to a little over 3 percent in 2011. In 2012, it dropped back down to its normal rate, but future estimates predict a slight increase once again. Perhaps this increase has come from initial worries concerning the country’s slowing economy as the country’s GDP growth slowed from 7.43 percent in 2010 to 5.19 percent in 2011, or its negative budget balance in relation to GDP which was at its recent worst in 2010 at -4.66 percent. At the same time, the country’s national debt was also rising, but predictions show that this trend is reversing. Yet, the economic outlook and inflation rate still appear stable for the future of Malaysia, and the inflation rate is below the global inflation rate. Furthermore, the country’s GDP continues to rise and totaled 326.93 billion U.S. dollars in 2013.

In 2023, the value of total financing from Islamic banks in Malaysia amounted to approximately 889 billion Malaysian ringgit. This was an increase from around 823.62 billion Malaysian ringgit in the previous year. The value of financing of Islamic banks in the country has been increasing over the past decade.

Malaysia External Debt: Average Interest on New External Debt Commitments: Private data was reported at 3.326 % in 2016. This records a decrease from the previous number of 5.831 % for 2015. Malaysia External Debt: Average Interest on New External Debt Commitments: Private data is updated yearly, averaging 6.472 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 14.070 % in 1980 and a record low of 3.277 % in 2010. Malaysia External Debt: Average Interest on New External Debt Commitments: Private data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.; ; World Bank, International Debt Statistics.; Weighted average;

A Taxa de Juros de Depósito na Malásia permaneceu inalterada em 2,65 por cento em 2024, o mesmo valor de 2023. Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - Malásia - Taxa de Facilidade Permanente de Depósito.

Inflation Rate in Malaysia decreased to 1.50 percent in February from 1.70 percent in January of 2025. This dataset provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.