Malaysia National Debt 2019
Obligations that are not represented by bonds or bills such as pension obligations are not included in the national debt figure and neither are the debts accumulated by the states of malaysia.
Malaysia national debt 2019. Malaysia will return as asian tiger in 3 years. The national debt figure now stands at rm686 billion us 168 billion down from the earlier estimate of rm1 trillion. Government debt to gdp in malaysia averaged 48 71 percent from 1990 until 2019 reaching an all time high of 80 74 percent in 1990 and a record low of 31 80 percent in 1997.
Canada s national debt currently sits at about 1 2 trillion cad 925 billion usd. Malaysia s overall debt and liabilities stood at rm1 09 trillion at the end of last year compared with rm1 08 trillion in 2017. This includes financial commitments needed to be paid by the government.
As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Germany s debt ratio is currently at 59 81 of its gdp. Malaysia s national debt declines following rise in gdp april 4 2019 april 5 2019 news kuala lumpur april 4 bernama the percentage of national debt has declined following the rise in the country s gross domestic product gdp and the settlement of some loans said prime minister tun dr mahathir mohamad.
External debt in malaysia increased to 1002956 myr million in the second quarter of 2020 from 975907 myr million in the first quarter of 2020. Malaysia s national government debt data is updated quarterly available from mar 1978 to jun 2020. External debt in malaysia averaged 282152 12 myr million from 1990 until 2020 reaching an all time high of 1002956 myr million in the second quarter of 2020 and a record low of 9063 myr million in the second quarter of 1997.
The data reached an all time high of 197 7 usd bn in jun 2020 and a record low of 6 9 usd bn in mar 1978. Malaysia recorded a government debt equivalent to 52 50 percent of the country s gross domestic product in 2019. This page provides malaysia government debt to gdp actual values historical data forecast chart.
Malaysia s national debt is the sum of all money owed by the central government of malaysia through the issue of debt instruments. Canada experienced a gradual decrease in debt after the 1990s until 2010 when the debt began increasing again. Malaysia s national debt still remains above the trillion ringgit level says finance minister lim guan eng.
