Malaysia: Government debt

* indicates monthly or quarterly data series
 Malaysia

Government debt as percent of GDP

 Latest value 63.4
 Year 2021
 Measure percent
 Data availability 1970 - 2021
 Average 54.13
 Min - Max 31.91 - 103.37
 Source Ministry of Finance of Malaysia
For that indicator, we provide data for Malaysia from 1970 to 2021. The average value for Malaysia during that period was 54.13 percent with a minimum of 31.91 percent in 1997 and a maximum of 103.37 percent in 1986. The latest value from 2021 is 63.4 percent. For comparison, the world average in 2021 based on 172 countries is 64.23 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Malaysia - Government debt - recent values

Historical chart
Malaysia - Government debt - historical chart - 1970-2021




The government debt in Malaysia and other countries is calculated as the total amount owed by the national government to domestic and international lenders. It is reported as percent of GDP so that we can evaluate its magnitude relative to the size of the economy.

Government debt of about 60 percent or less of GDP is not considered a problem. The government can make payments without strain and even has some room to borrow more. If debt levels reach 80-90 percent that may have negative effects on the economy. Debt above 120 percent of GDP is quite detrimental.
Definition: 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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 11.66 2022 percent
 Government spending, in dollars 47.46 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -6.40 2021 percent
 Government debt 63.40 2021 percent
 Government expenditure 53.02 Q3/2023 billion
 Tax revenue 11.21 2021 percent
 Commercial tax rate 38.70 2019 percent
 Tax preparation time 174 2019 hours
 Number of taxes 9 2019 taxes
 Taxes on goods and services 19.35 2021 percent
 Taxes on international trade 2.01 2021 percent
 Income and profits taxes 50.67 2021 percent
 Foreign aid 14.37 2021 million U.S. dollars
This site uses cookies.
Learn more here


OK