Malaysia Government Debt: % of GDP

2010 - 2024 | Quarterly | % | CEIC Data

Key information about Malaysia Government Debt: % of GDP

  • Malaysia Government debt accounted for 65.0 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 65.4 % in the previous quarter.
  • Malaysia government debt to GDP ratio data is updated quarterly, available from Dec 2010 to Sep 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 300.7 USD bn in Sep 2024.
  • The country's Nominal GDP reached 101.3 USD bn in Mar 2023.

View Malaysia's Government Debt: % of GDP from Dec 2010 to Sep 2024 in the chart:

Malaysia Government Debt: % of GDP

What was Malaysia's Government Debt: % of GDP in Sep 2024?

Malaysia Government debt accounted for 65.0 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 65.4 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
65.0 Sep 2024 65.4 Jun 2024 49.3 Sep 2011 65.6 Mar 2024 % quarterly Dec 2010 - Sep 2024

Government Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 53.7 Jun 2024 quarterly Sep 2010 - Jun 2024
Algeria (%) 48.9 2023 yearly 1997 - 2023
Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Armenia (%) 48.9 Sep 2024 quarterly Dec 2013 - Sep 2024
Australia (%) 38.0 2023 yearly 1999 - 2023
Austria (%) 83.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 88.7 Jun 2024 quarterly Dec 2007 - Jun 2024
Bangladesh (%) 26.4 2024 yearly 2010 - 2024
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 106.5 Mar 2024 quarterly Dec 1980 - Mar 2024
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 19.1 2023 yearly 2007 - 2023
Botswana (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
Brazil (%) 78.2 Sep 2024 quarterly Dec 2006 - Sep 2024
Bulgaria (%) 22.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Cambodia (%) 25.3 2022 yearly 2013 - 2022
Canada (%) 68.6 2024 yearly 1962 - 2024
Chile (%) 40.9 Jun 2024 quarterly Mar 2002 - Jun 2024
China (%) 24.6 Jun 2024 quarterly Mar 2014 - Jun 2024
Colombia (%) 62.2 Jun 2024 quarterly Dec 2005 - Jun 2024
Croatia (%) 60.1 Jun 2024 quarterly Dec 1995 - Jun 2024
Cyprus (%) 69.7 Sep 2024 quarterly Dec 2010 - Sep 2024
Czech Republic (%) 42.6 Jun 2024 quarterly Mar 2000 - Jun 2024
Denmark (%) 33.6 Jun 2024 quarterly Mar 2000 - Jun 2024
Ecuador (%) 66.9 Jun 2024 quarterly Dec 2005 - Jun 2024
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 23.8 Jun 2024 quarterly Mar 2000 - Jun 2024
European Union (%) 81.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Finland (%) 81.5 Sep 2024 quarterly Mar 2000 - Sep 2024
France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 37.2 Sep 2024 quarterly Mar 2006 - Sep 2024
Germany (%) 62.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Ghana (%) 72.3 2023 yearly 2006 - 2023
Greece (%) 160.0 Jun 2024 quarterly Dec 1999 - Jun 2024
Hong Kong SAR, China (%) 50.2 2023 yearly 2003 - 2023
Hungary (%) 76.0 Sep 2024 quarterly Dec 1990 - Sep 2024
Iceland (%) 64.2 2023 yearly 1998 - 2023
India (%) 58.3 Jun 2024 quarterly Mar 2012 - Jun 2024
Indonesia (%) 38.9 Sep 2024 quarterly Jun 2015 - Sep 2024
Iran (%) 7.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Ireland (%) 42.7 Jun 2024 quarterly Mar 2000 - Jun 2024
Israel (%) 60.3 2023 yearly 1995 - 2023
Italy (%) 138.3 Sep 2024 quarterly Dec 1995 - Sep 2024
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 217.4 Sep 2024 quarterly Dec 1994 - Sep 2024
Jordan (%) 89.5 Jun 2024 quarterly Mar 2002 - Jun 2024
Kazakhstan (%) 21.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Kenya (%) 67.2 Jun 2024 quarterly Dec 2009 - Jun 2024
South Korea (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 0.3 Jun 2024 quarterly Dec 2010 - Jun 2024
Kyrgyzstan (%) 41.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Latvia (%) 46.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Lebanon (%) 150.6 2020 yearly 1998 - 2020
Lithuania (%) 37.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Luxembourg (%) 26.8 Jun 2024 quarterly Dec 1997 - Jun 2024
North Macedonia (%) 50.4 Sep 2024 quarterly Dec 2009 - Sep 2024
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 65.0 Sep 2024 quarterly Dec 2010 - Sep 2024
Malta (%) 46.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
Mexico (%) 47.7 Sep 2024 quarterly Dec 2005 - Sep 2024
Moldova (%) 34.7 Sep 2024 quarterly Mar 2007 - Sep 2024
Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Montenegro (%) 59.8 Sep 2024 quarterly Dec 2010 - Sep 2024
Morocco (%) 71.5 2022 yearly 1994 - 2022
Nepal (%) 39.9 2021 yearly 1990 - 2021
Netherlands (%) 43.2 Jun 2024 quarterly Dec 1999 - Jun 2024
New Zealand (%) 44.3 Sep 2024 quarterly Dec 2006 - Sep 2024
Nigeria (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 2024
Norway (%) 44.6 2023 yearly 1995 - 2023
Oman (%) 36.5 2023 yearly 1990 - 2023
Pakistan (%) 72.4 2023 yearly 2000 - 2023
Palestinian Territory (%) 126.9 Jun 2024 quarterly Dec 2010 - Jun 2024
Panama (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
Paraguay (%) 36.2 Jun 2024 quarterly Dec 2014 - Jun 2024
Peru (%) 32.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Philippines (%) 61.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Poland (%) 52.3 Jun 2024 quarterly Dec 2002 - Jun 2024
Portugal (%) 97.4 Sep 2024 quarterly Dec 1995 - Sep 2024
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 53.1 Sep 2024 quarterly Dec 2011 - Sep 2024
Russia (%) 14.6 Mar 2024 quarterly Dec 2011 - Mar 2024
Saudi Arabia (%) 28.5 Sep 2024 quarterly Dec 2016 - Sep 2024
Serbia (%) 47.4 Sep 2024 quarterly Sep 2004 - Sep 2024
Singapore (%) 173.0 Sep 2024 quarterly Mar 1990 - Sep 2024
Slovakia (%) 60.5 Mar 2024 quarterly Mar 2000 - Mar 2024
Slovenia (%) 69.5 Jun 2024 quarterly Dec 1999 - Jun 2024
South Africa (%) 75.1 Sep 2024 quarterly Dec 1960 - Sep 2024
Spain (%) 104.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Sri Lanka (%) 98.8 Jun 2024 quarterly Mar 2014 - Jun 2024
Sweden (%) 32.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Switzerland (%) 23.3 2028 yearly 1990 - 2028
Taiwan (%) 29.0 2023 yearly 1996 - 2023
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 55.9 Sep 2024 quarterly Dec 1997 - Sep 2024
Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
Turkey (%) 26.1 Jun 2024 quarterly Dec 2001 - Jun 2024
Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

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Malaysia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.9 2023 yearly 1970 - 2023
Consolidated Fiscal Balance (USD mn) -23,593.390 2023 yearly 1970 - 2023
Tax Revenue (USD mn) 14,591.306 Sep 2024 quarterly Mar 1980 - Sep 2024
Tax Revenue: % of GDP (%) 13.2 Sep 2024 quarterly Mar 1991 - Sep 2024
National Government Debt (USD mn) 300,674.5 Sep 2024 quarterly Mar 1978 - Sep 2024
Government Debt: % of GDP (%) 65.0 Sep 2024 quarterly Dec 2010 - Sep 2024
Forecast: Government Expenditure (MYR bn) 560.959 2029 yearly 1990 - 2029
Forecast: Government Net Debt (MYR bn) 1,896.039 2029 yearly 1990 - 2029
Forecast: Government Revenue (MYR bn) 473.200 2029 yearly 1990 - 2029
Central Government Operations: ytd: Expenditure (MYR mn) 319,752.600 Oct 2024 monthly Mar 2000 - Oct 2024
Govt Debt: Domestic (MYR mn) 946,180.802 Jun 2024 quarterly Mar 2008 - Jun 2024
Govt Debt: External (MYR mn) 281,307.428 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.104 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,602.9 Oct 2024 monthly Jan 1990 - Oct 2024
Total Exports (USD mn) 28,691.1 Oct 2024 monthly Jan 1990 - Oct 2024
Total Exports Growth (%) 1.3 Oct 2024 monthly Jan 1991 - Oct 2024
Aluminum: Exports (USD th) 5,310,793.196 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 308,284.195 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 261,782.246 2022 yearly 1995 - 2022
Total Imports (USD mn) 26,088.2 Oct 2024 monthly Jan 1990 - Oct 2024
Total Imports Growth (%) 0.7 Oct 2024 monthly Jan 1991 - Oct 2024
Imports: Medicament (USD th) 1,514,583.396 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 907,711.591 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 4,578.168 Nov 2024 monthly Jan 1976 - Nov 2024
Total Imports from USA (USD mn) 2,113.339 Nov 2024 monthly Jan 1976 - Nov 2024
Total Exports to China (USD mn) 3,421.919 Nov 2024 monthly Jun 1976 - Nov 2024
Total Imports from China (USD mn) 5,876.498 Nov 2024 monthly Jan 1976 - Nov 2024
Trade Balance: sa (MYR mn) 11,187.359 Oct 2024 monthly Jan 1990 - Oct 2024
Imports: Taiwan (MYR mn) 4,690.016 Mar 2019 monthly Jan 1986 - Mar 2019
Imports: Value: Electrical & Electronic Products (MYR mn) 41,243.056 Oct 2024 monthly Jan 1989 - Oct 2024
Imports: Value: Optical and Scientific Equipment (MYR mn) 2,714.737 Oct 2024 monthly Jan 1995 - Oct 2024
Imports: Value: Machinery, Appliances and Parts (MYR mn) 10,765.298 Oct 2024 monthly Jan 1989 - Oct 2024
Exports: Value: Electrical & Electronic Products (MYR mn) 52,941.449 Oct 2024 monthly Jan 1989 - Oct 2024
Exports: Value: Machinery, Appliances and Parts (MYR mn) 5,706.515 Oct 2024 monthly Jan 1989 - Oct 2024
Exports: Value: Optical and Scientific Equipment (MYR mn) 5,126.187 Oct 2024 monthly Jan 1995 - Oct 2024
Export Volume index; sa (2010=100) 156.900 Oct 2024 monthly Jan 2012 - Oct 2024
Import Volume Index (IVI): Total (2010=100) 209.600 Oct 2024 monthly Jan 2014 - Oct 2024
Export Volume Index (EVI): Total (2010=100) 163.000 Oct 2024 monthly Jan 2014 - Oct 2024
Import Volume Index; sa (2010=100) 201.800 Oct 2024 monthly Jan 2012 - Oct 2024
Terms of Trade: Total (2010=100) 117.100 Oct 2024 monthly Jan 2014 - Oct 2024
Import Value Index (2015=100) 135.238 2021 yearly 1980 - 2021
Export Value Index (2015=100) 149.550 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,475.4 Sep 2024 quarterly Mar 1999 - Sep 2024
Current Account Balance (USD mn) 489.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Current Account Balance: % of GDP (%) 0.4 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (USD mn) 2,500.4 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Direct Investment: % of GDP (%) 2.3 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment (USD mn) 8,004.002 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 7.3 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 720.6 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 799.195 Jun 2024 quarterly Mar 2002 - Jun 2024
External Debt (USD mn) 306,319.8 Sep 2024 quarterly Mar 2009 - Sep 2024
External Debt: % of GDP (%) 68.2 2023 yearly 2009 - 2023
External Debt: Short Term (USD mn) 125,347.3 Sep 2024 quarterly Mar 2009 - Sep 2024
External Debt: Short Term: % of GDP (%) 28.5 2023 yearly 2009 - 2023
Forecast: Current Account Balance (USD bn) 18.696 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 26,947.874 2023 yearly 2001 - 2023
BoP: Financial Acc: Other Investment (MYR mn) -6,329.362 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: PI: Credit (MYR mn) 21,634.425 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc: Financial Derivatives (MYR mn) -425.535 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc: Portfolio Investment (MYR mn) 3,598.882 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: GS: Goods: Credit (MYR mn) 289,573.660 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc (MYR mn) -7,492.749 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: GS: Services: Debit (MYR mn) 65,434.082 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: Secondary Income: Debit (MYR mn) 12,099.137 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: GS: Services: Credit (MYR mn) 63,854.994 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc: Portfolio Investment: Asset (MYR mn) -32,001.318 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc: Direct Investment: Liabilities (MYR mn) 11,121.077 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: Secondary Income: Net (MYR mn) -2,399.908 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: Secondary Income: Credit (MYR mn) 9,699.229 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Reserves Assets (MYR mn) -2,348.410 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Net Errors and Omissions (MYR mn) 7,642.883 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: GS: Goods: Debit (MYR mn) 266,435.111 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Capital Account (MYR mn) 21.839 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: CA: GS: Goods: Net (MYR mn) 23,138.549 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: Primary Income (PI): Net (MYR mn) -16,983.116 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc: Portfolio Investment: Liabilities (MYR mn) 35,600.200 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: GS: Services: Net (MYR mn) -1,579.088 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc: Direct Investment: Asset (MYR mn) -15,457.811 Sep 2024 quarterly Mar 2005 - Sep 2024
Balance of Payment (BoP): Current Account (CA) (MYR mn) 2,176.437 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: CA: PI: Debit (MYR mn) 38,617.541 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Acc: Direct Investment (MYR mn) -4,336.734 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: Medium and Long Term (ML) (MYR mn) 745,787.668 Sep 2024 quarterly Mar 2009 - Sep 2024
External Debt: Serv: Interest: ML Term: Total (MYR mn) 21,402.000 2023 yearly 2010 - 2023
External Debt: Serv: Repayment: ML Term: Total (MYR mn) 129,353.000 2023 yearly 2010 - 2023
Funds Inflow: Direct Investment Assets (DIA) (MYR mn) 24,668.081 Sep 2024 quarterly Mar 2008 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Aug 2024 monthly Dec 2005 - Aug 2024
Household Debt: % of GDP (%) 84.2 2023 yearly 2002 - 2023
Non-Performing Loans (USD mn) 8,022.849 Aug 2024 monthly Dec 2005 - Aug 2024
Money Supply M1 (USD mn) 147,455.399 Oct 2024 monthly Dec 1969 - Oct 2024
Money Supply M2 (USD mn) 554,953.530 Oct 2024 monthly Dec 1969 - Oct 2024
M2 Growth (%) 4.2 Oct 2024 monthly Dec 1970 - Oct 2024
Reserve Requirement Ratio (%) 2.0 Nov 2024 monthly Jan 1959 - Nov 2024
Foreign Exchange Reserves (USD mn) 107,800.0 Nov 2024 monthly Apr 2000 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 2.000 Nov 2024 monthly Jan 1959 - Nov 2024
Foreign Exchange Reserves: Months of Import (NA) 6.3 May 2023 monthly Dec 1990 - May 2023
Gold Reserves (USD mn) 3,300.000 Nov 2024 monthly Dec 1956 - Nov 2024
Total Deposits (USD mn) 575,903.119 Oct 2024 monthly Jan 2007 - Oct 2024
Total Deposits Growth (%) 3.1 Oct 2024 monthly Jan 2008 - Oct 2024
Domestic Credit (USD mn) 635,078.3 Oct 2024 monthly Jan 1987 - Oct 2024
Domestic Credit Growth (%) 5.3 Oct 2024 monthly Jan 1988 - Oct 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.400 Jun 2024 quarterly Mar 1999 - Jun 2024
Credit to Households (USD bn) 275.285 Jun 2024 quarterly Mar 2006 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 628.262 Jun 2024 quarterly Jun 1964 - Jun 2024
Household Debt (USD mn) 334,335.4 2023 yearly 2002 - 2023
Total Loans (USD mn) 507,032.864 Oct 2024 monthly Dec 1996 - Oct 2024
Total Loans Growth (%) 6.00 Oct 2024 monthly Dec 1997 - Oct 2024
Private Debt: % of Nominal GDP (%) 115.78 Sep 2024 quarterly Dec 2001 - Sep 2024
Money Supply M3 (MYR mn) 2,438,253.291 Oct 2024 monthly Jan 2013 - Oct 2024
Banking System: Demand Deposits (MYR mn) 329,103.228 Oct 2018 monthly Jan 2007 - Oct 2018
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 74.602 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 25.2 Sep 2024 quarterly Mar 2004 - Sep 2024

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