Central government debt, total in Malaysia
Malaysia: Central government debt, total was 64.6% in 2024. ▬ Flat
Central government debt, total in Malaysia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for central government debt, total in Malaysia is 64.6%, measured in 2024.
Compared with earlier readings it is up 0.4% on the previous year and up 22.6% over ten years.
Over the whole period, central government debt, total in Malaysia peaked at 79.5% in 1990 and was at its lowest, 39.8%, in 2008.
Malaysia ranks 27th of 83 countries on this measure, in the middle of the range.
Central government debt, total in Malaysia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 79.5% | — |
| 1991 | 73.3% | -7.8% |
| 1992 | 64.4% | -12.2% |
| 1993 | 55.7% | -13.5% |
| 1994 | 47.6% | -14.5% |
| 1995 | 41.1% | -13.8% |
| 2002 | 43.0% | +4.8% |
| 2003 | 45.1% | +4.7% |
| 2004 | 45.7% | +1.4% |
| 2005 | 42.1% | -7.9% |
| 2006 | 40.6% | -3.5% |
| 2007 | 40.1% | -1.2% |
| 2008 | 39.8% | -0.7% |
| 2009 | 50.8% | +27.7% |
| 2010 | 49.6% | -2.5% |
| 2011 | 50.0% | +0.9% |
| 2012 | 51.6% | +3.2% |
| 2013 | 53.0% | +2.6% |
| 2014 | 52.7% | -0.6% |
| 2015 | 53.6% | +1.7% |
| 2016 | 51.9% | -3.1% |
| 2017 | 50.0% | -3.5% |
| 2018 | 51.2% | +2.3% |
| 2019 | 52.4% | +2.4% |
| 2020 | 62.0% | +18.3% |
| 2021 | 63.3% | +2.0% |
| 2022 | 60.1% | -4.9% |
| 2023 | 64.3% | +6.9% |
| 2024 | 64.6% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 60.3% | 41.1% | 79.5% | 6 |
| 2000s | 43.4% | 39.8% | 50.8% | 8 |
| 2010s | 51.6% | 49.6% | 53.6% | 10 |
| 2020s | 62.9% | 60.1% | 64.6% | 5 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 9,141 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 11.57 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9446 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 12,398 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 4.46 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 4.05 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 53,116 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.25 % change on previous year (2025)
Frequently asked questions
- What is central government debt, total in Malaysia?
- Central government debt, total in Malaysia was 64.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Malaysia?
- The highest recorded value was 79.5% in 1990.
- What is the lowest central government debt, total recorded in Malaysia?
- The lowest recorded value was 39.8% in 2008.
- How does Malaysia rank for central government debt, total?
- Malaysia ranks 27th out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Malaysia?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is flat.
- Where does this Malaysia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.