Malaysia Debt To Gdp

We have debt to gdp now at around 53 it will end at around 56. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. We have approval from parliament to go up to 60 he said.

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Its debt to gdp ratio is set to go up zafrul said.

Malaysia debt to gdp. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. The imf uses a debt to gdp ratio of 53 6 for malaysia the world bank only has dat up to the end of 2016 and puts malaysia s national debt at 52 16 of gdp so the question of how much malaysia s national debt is relies on who you ask and how up to date their figures are. This statistic shows the national debt of malaysia from 2014 to 2018 in relation to gross domestic product gdp with projections up until 2024. Junior member 315 posts joined.

Households debt to gdp in malaysia averaged 62 26 percent of gdp from 2006 until 2020 reaching an all time high of 69 80 percent of gdp in the fourth quarter of 2015 and a record low of 48 70 percent of gdp in the third quarter of 2008. China s national debt is currently over 38 trillion over 5 trillion usd. The malaysian government has rolled out stimulus packages with a total value of rm305bil leading to higher spending and the need to borrow. Malaysia external debt rose to myr 1 trillion as of end june 2020.

Malaysia debt 70 of gdp. Ministry of finance malaysia 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. Unfortunately these actions caused japan s debt level to skyrocket. The ratio of malaysia s accumulated debt to gross domestic product gdp at the end of june 2020 is 53 2 per cent below the set 55 per cent gdp limit finance minister datuk seri tengku zafrul abdul aziz said.

Nov 6 2020 04 44 pm updated 3w ago. In august malaysia s parliament voted to allow the government to borrow up to 60 of its gdp as part of temporary measures to ease the blow of. Show posts by this member only post 1. The cia world factbook states a debt to gdp ratio of 54 2 for malaysia.

Malaysia recorded a government debt equivalent to 52 50 percent of the country s gross domestic product in 2019. China s national debt is currently 54 44 of its gdp a significant increase from 2014 when the national debt was at 41 54 of china s gdp. Jalan dato onn 50480 kuala lumpur malaysia.