Malaysia Government Debt to GDP — 2026 Data & Trend
Malaysia's government debt was 70.50% in December 2025, up from 69.81% the previous year. A year earlier it stood at 69.81%.
Malaysia's government debt stands at 70.50% as of December 2025. The government debt currently sits at 70.50% (up from 69.81% in the prior year). Across the tracked window it has ranged between 29.62% and 70.50%, and is 0.69% higher than a year ago.
The trend
Among the 192 economies tracked on this platform, Malaysia ranks #55 on government debt by latest value. It rose from 69.81% in the previous year, and compares with a year-earlier 69.81%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 70.50% |
| Dec 2024 | 69.81% |
| Dec 2023 | 69.66% |
| Dec 2022 | 65.46% |
| Dec 2021 | 69.16% |
| Dec 2020 | 67.69% |
| Dec 2019 | 57.08% |
| Dec 2018 | 55.65% |
Data: Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Malaysia Have in 2026?
Malaysia's government debt was 70.50% in December 2025, up from 69.81% the previous year. A year earlier it stood at 69.81%.
Is the government debt rising or falling in Malaysia?
It rose in the latest reading — 70.50% in December 2025 versus 69.81% a year earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).