Key information about Malaysia Gross Savings Rate

• Malaysia Gross Savings Rate was measured at 26.9% in Dec 2022, compared with 26.9% in the previous quarter.
• Malaysia Gross Savings Rate is updated quarterly, with data available from Mar 2010 to Dec 2022, and an average rate of 26.9%.
• The data reached an all-time high of 26.9% in Mar 2011 and a record low of 22.7% in Mar 2020.
• CEIC calculates Gross National Savings Rate from quarterly Gross National Savings and quarterly Gross National Income. The Department of Statistics provides Gross National Savings in local currency and Gross National Income in local currency. Gross National Savings Rate prior to Q1 2015 is based on SNA 2008 with benchmark year 2010.
• In the latest reports, Malaysia GDP expanded 7.0% YoY in Dec 2022.
• Malaysia Nominal GDP reached 102,217.9 USD mn in Dec 2022. Its GDP deflator (implicit price deflator) increased 2.8% in Dec 2022.
• Malaysia GDP Per Capita reached 11,452.9 USD in Dec 2021.

Gross domestic savings (% of GDP) in Malaysia was reported at 27.2 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Gross domestic savings (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Malaysia Savings Rate data was reported at 0.963 % pa in 2017. This records a decrease from the previous number of 1.001 % pa for 2016. Malaysia Savings Rate data is updated yearly, averaging 3.483 % pa from Dec 1966 (Median) to 2017, with 52 observations. The data reached an all-time high of 6.667 % pa in 1985 and a record low of 0.940 % pa in 2009. Malaysia Savings Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Malaysia – Table MY.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

The gross savings as a share of the GDP in Malaysia decreased by 2.8 percentage points (-10.44 percent) in 2023 in comparison to the previous year. This decrease was preceded by an increase in gross savings.Gross savings are calculated by subtracting the total consumption value from gross national income, plus net transfers.Find more statistics on other topics about Malaysia with key insights such as gross savings, net trade in goods and services, and charges for the use of intellectual property.

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.

According to a survey on financial literacy conducted in Malaysia, as of October 2023, the majority or 48 percent of respondents said they could manage to save below 500 Malaysian ringgit each month. Meanwhile, 23 percent of respondents said they could not save any amount of money.

Malaysia Real Interest Rate data was reported at 2.543 % pa in 2016. This records a decrease from the previous number of 4.978 % pa for 2015. Malaysia Real Interest Rate data is updated yearly, averaging 3.997 % pa from Dec 1987 (Median) to 2016, with 30 observations. The data reached an all-time high of 11.782 % pa in 2009 and a record low of -3.903 % pa in 2008. Malaysia Real 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. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

The gross savings in Malaysia decreased by 13.3 billion U.S. dollars (-12.17 percent) in 2023 in comparison to the previous year. Nevertheless, the last two years recorded significantly higher gross savings than the preceding years.Gross savings are calculated as gross national income minus total consumption plus net transfers. Data are in current U.S. dollars.Find more statistics on other topics about Malaysia with key insights such as net trade in goods and services, annual growth of gross capital formation, and total reserves.

Malaysia Interest Rate Spread data was reported at 1.516 % pa in 2016. This records an increase from the previous number of 1.451 % pa for 2015. Malaysia Interest Rate Spread data is updated yearly, averaging 3.004 % pa from Dec 1987 (Median) to 2016, with 30 observations. The data reached an all-time high of 7.362 % pa in 1987 and a record low of 1.451 % pa in 2015. Malaysia Interest Rate Spread 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. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.; Median;

Real interest rate (%) in Malaysia was reported at 4.4652 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Malaysia Long Term Interest Rate

• Malaysia Government Securities Yield: 10 Years was reported at 3.79 % pa in Feb 2025, compared with 3.81 % pa in the previous month.
• Malaysia Long Term Interest Rate data is updated monthly, available from Feb 1992 to Feb 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 3.66 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Policy Rate) was set at 3.00 % pa in Feb 2025.
• Malaysia Exchange Rate against USD averaged 4.63 (USD/MYR) in Jun 2023.

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.; ;

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 7.33 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.

Deposit interest rate (%) in Malaysia was reported at 2.6471 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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

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.

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.

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.

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 rate refers to the amount of money paid out in interest by a bank of financial institution on cash 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).

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.; ;