Malaysia Government Debt to GDP — 2026 Data & Trend
Malaysia's government debt was 64.57% in December 2024, up from 64.28% the previous year. A year earlier it stood at 64.28%.
Malaysia's government debt stands at 64.57% as of December 2024. The government debt currently sits at 64.57% (up from 64.28% in the prior year). Across the tracked window it has ranged between 39.80% and 79.54%, and is 0.28% higher than a year ago.
The trend
Among the 121 economies tracked on this platform, Malaysia ranks #42 on government debt by latest value. It rose from 64.28% in the previous year, and compares with a year-earlier 64.28%.
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 2024 | 64.57% |
| Dec 2023 | 64.28% |
| Dec 2022 | 60.15% |
| Dec 2021 | 63.27% |
| Dec 2020 | 62.01% |
| Dec 2019 | 52.42% |
| Dec 2018 | 51.19% |
| Dec 2017 | 50.05% |
Data: The World Bank — World Development Indicators (CC BY 4.0) 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 64.57% in December 2024, up from 64.28% the previous year. A year earlier it stood at 64.28%.
Is the government debt rising or falling in Malaysia?
It rose in the latest reading — 64.57% in December 2024 versus 64.28% 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).