Malaysia debt to gdp ratio for 2023 was 64.32%, a 4.14% increase from 2022.

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<li>Malaysia debt to gdp ratio for 2022 was <strong>60.18%</strong>, a <strong>3.09% decline</strong> from 2021.</li>
<li>Malaysia debt to gdp ratio for 2021 was <strong>63.27%</strong>, a <strong>1.26% increase</strong> from 2020.</li>
<li>Malaysia debt to gdp ratio for 2020 was <strong>62.01%</strong>, a <strong>9.59% increase</strong> from 2019.</li>
</ul>Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal 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.

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.

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.

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 External Debt: Short Term: % of GDP

• Malaysia External Debt: Short Term accounted for 29.8 % of the country's Nominal GDP in 2024, compared with the ratio of 28.5 % in the previous year.
• Malaysia External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2009 to 2024.
• The data reached an all-time high of 33.3 % in 2013 and a record low of 23.2 % in 2010.

CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. Bank Negara Malaysia provides Short Term 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: Short Term: % 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.
• Malaysia External Debt: Short Term value stood at 128.7 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 101.3 USD bn in Mar 2023.

Key information about Malaysia 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.

Households Debt in Malaysia increased to 69.50 percent of GDP in the fourth quarter of 2024 from 69.30 percent of GDP in the third quarter of 2024. This dataset provides - Malaysia Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The statistic shows the national debt of countries in the ASEAN region of Asia in relation to gross domestic product (GDP) from 2020 to 2030. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2021, the national debt of Myanmar amounted to 59.24 percent of the country's gross domestic product.

Key information about Malaysia Household Debt: % of GDP

• Malaysia household debt accounted for 84.2 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 80.9 % in the previous year.
• Malaysia household debt to GDP ratio is updated yearly, available from Dec 2002 to Dec 2023.
• The data reached an all-time high of 93.1 % in Dec 2020 and a record low of 60.4 % in Dec 2008.

CEIC calculates annual Household Debt as % of Nominal GDP from annual Household Debt and annual Nominal GDP. Bank Negara Malaysia provides Household 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, prior to 2010 is based on SNA 1993 with benchmark year 2005 and prior to 2005 with benchmark year 2000.


Related information about Malaysia Household Debt: % of GDP

• In the latest reports, Malaysia Household Debt reached 334.3 USD bn in Dec 2023.
• Money Supply M2 in Malaysia increased 4.2 % YoY in Sep 2024.
• Malaysia Foreign Exchange Reserves was measured at 107.1 USD bn in Oct 2024.
• The Foreign Exchange Reserves equaled 6.3 Months of Import in May 2023.
• Malaysia Domestic Credit reached 670.8 USD bn in Sep 2024, representing an increased of 5.4 % YoY.
• The country's Non Performing Loans Ratio stood at 1.6 % in Aug 2024, compared with the ratio of 1.6 % in the previous month.

Malaysia Central Government Debt: Total: % of GDP data was reported at 52.716 % in 2016. This records a decrease from the previous number of 54.464 % for 2015. Malaysia Central Government Debt: Total: % of GDP data is updated yearly, averaging 50.029 % from Dec 1990 (Median) to 2016, with 21 observations. The data reached an all-time high of 79.537 % in 1990 and a record low of 39.800 % in 2008. Malaysia Central Government Debt: Total: % of GDP 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: Government Revenue, Expenditure and Finance. Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

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 July of 2025.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Interest payments (% of revenue) in Malaysia was reported at 14.71 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Interest payments (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

This horizontal bar chart displays central government debt (% of GDP) by country using the aggregation average, weighted by gdp in Malaysia. The data is about countries per year.

This statistic depicts the non-financial corporate debt as a proportion of GDP in Malaysia from 2008 to 2017. In 2017, the non-financial corporate debt in Malaysia amounted to around 105.4 percent of Malaysia's GDP.

This bar chart displays central government debt (% of GDP) by region using the aggregation average, weighted by gdp in Malaysia. The data is filtered where the date is 2021. The data is about countries per year.

Outstanding international private debt securities to GDP (%) in Malaysia was reported at 20.21 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Outstanding international private debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.