The benchmark interest rate in Malaysia was last recorded at 2.75 percent. This dataset provides - Malaysia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The real interest rate in Malaysia was 7.33 percent in 2023. Between 1969 and 2023, the real interest rate rose by 3.29 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Key information about Malaysia Long Term Interest Rate

• Malaysia Government Securities Yield: 10 Years was reported at 3.46 % pa in Nov 2025, compared with 3.50 % pa in the previous month.
• Malaysia Long Term Interest Rate data is updated monthly, available from Feb 1992 to Nov 2025.
• The data reached an all-time high of 8.24 % pa in Jun 1992 and a record low of 2.55 % pa in Jul 2020.
• Long Term Interest Rate is reported by reported by Bank Negara Malaysia.

CEIC calculates monthly Long Term Interest Rate from daily 10 year Government Securities Yield. Bank Negara Malaysia provides 10 year Treasury Bond Yield. Long Term Interest Rate prior to July 2005 is sourced directly from Bank Negara Malaysia. The data are referred to as the market indicative yield to maturity. They are only indicative due to the lack of liquidity and lack of supply of these papers covering a wide spectrum of maturity.


Related information about Malaysia Long Term Interest Rate

• In the latest reports, Malaysia Short Term Interest Rate: Month End: KLIBOR: 3 Months was reported at 3.26 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: Overnight Policy Rate) was set at 2.75 % pa in Nov 2025.
• Malaysia Exchange Rate against USD averaged 4.21 (USD/MYR) in Oct 2025.

Key information about Malaysia Policy Rate

• Malaysia cash rate (Policy Rate: Month End: Overnight Policy Rate) was set at 2.75 % pa in Nov 2025, compared with 2.75 % pa in the previous Oct 2025.
• Malaysia Policy Rate averaged 3.25 % pa and is updated monthly, available from Apr 2004 to Nov 2025.
• The data reached an all-time high of 3.50 % pa in Oct 2008 and a record low of 1.75 % pa in Apr 2022.

The Overnight Policy Rate is annouced in the Monetary Policy Statement, which is issued on the same day as the corresponding Monetary Policy Committee meeting.


Related information about Malaysia Policy Rate

• In the latest reports, Malaysia Short Term Interest Rate: Month End: KLIBOR: 3 Months was reported at 3.26 % pa in Nov 2025.
• Its Long Term Interest Rate (Government Securities Yield: 10 Years) was reported at 3.46 % pa in Nov 2025.
• Malaysia Exchange Rate against USD averaged 4.21 (USD/MYR) in Oct 2025.
• Its Real Effective Exchange Rate was 93.80 in Oct 2025.

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

In 2023, the deposit interest rate in Malaysia amounted to 2.65 percent. Between 1966 and 2023, the figure dropped by 2.35 percentage points, though the decline followed an uneven course rather than a steady trajectory.

Monthly and long-term Malaysia Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

As of September 2025, the overnight policy rate (OPR) in Malaysia was at **** percent. The Malaysian government cut the OPR by **** percent in July 2025. 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.

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.; ;

Malaysia: Real interest rate: Bank lending rate minus inflation: The latest value from 2024 is 4.47 percent, a decline from 7.33 percent in 2023. In comparison, the world average is 4.99 percent, based on data from 73 countries. Historically, the average for Malaysia from 1969 to 2024 is 4.24 percent. The minimum value, -6.8 percent, was reached in 1973 while the maximum of 22.96 percent was recorded in 1986.

Deposit Interest Rate in Malaysia remained unchanged at 2.65 percent in 2024 from 2.65 percent in 2023. This dataset includes a chart with historical data for Deposit Interest Rate in Malaysia.

Malaysia: Interest rates on bank credit to the private sector: The latest value from 2024 is 5.28 percent, a decline from 5.32 percent in 2023. In comparison, the world average is 11.26 percent, based on data from 75 countries. Historically, the average for Malaysia from 1969 to 2024 is 8 percent. The minimum value, 3.44 percent, was reached in 2021 while the maximum of 12.55 percent was recorded in 1985.

Key information about Malaysia Bank Lending Rate

• Malaysia Bank Lending Rate was reported at 4.664 % pa in Oct 2025.
• This records a decrease from the previous number of 4.722 % pa for Sep 2025.
• Malaysia Bank Lending Rate data is updated monthly, averaging 4.850 % pa from Jan 1996 to Oct 2025, with 358 observations.
• The data reached an all-time high of 13.540 % pa in May 1998 and a record low of 3.277 % pa in Jan 2022.
• Malaysia Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Bank Negara Malaysia provides monthly weighted average Bank Lending Rate.

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

Bank deposit interest rate, percent in Malaysia, September, 2025 The most recent value is 2.37 percent as of September 2025, a decline compared to the previous value of 2.39 percent. Historically, the average for Malaysia from January 1997 to September 2025 is 3.58 percent. The minimum of 1.7 percent was recorded in April 2021, while the maximum of 10.28 percent was reached in July 1998. | TheGlobalEconomy.com

Daily dataset of the Malaysia Interest Rate, including historical data, latest releases, and long-term trends from 2015-11-05 to 2025-11-06. Available for free download in CSV format.

Malaysia Commercial Banks: CM: Interest Rate Related Contracts data was reported at 958,693.000 MYR mn in 2017. This records an increase from the previous number of 941,300.700 MYR mn for 2016. Malaysia Commercial Banks: CM: Interest Rate Related Contracts data is updated yearly, averaging 597,576.100 MYR mn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 958,693.000 MYR mn in 2017 and a record low of 1,827.000 MYR mn in 1996. Malaysia Commercial Banks: CM: Interest Rate Related Contracts data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.KB083: Commitments and Contingencies: Banking System.

The average for 2020 based on 7 countries was 4.51 interest rate points. The highest value was in Burma (Myanmar): 9 interest rate points and the lowest value was in Malaysia: 1.99 interest rate points. The indicator is available from 1980 to 2020. Below is a chart for all countries where data are available.

In September 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 September 2025, Russia maintained the highest interest rate at 17 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 -0.3 percent in September 2025. In contrast, Russia maintained a high inflation rate of 8 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.

The 'Interest Rate Decision' in Malaysia is a monetary policy event where Bank Negara Malaysia (BNM) sets the Overnight Policy Rate (OPR), influencing borrowing costs and economic activity.-2025-03-05