Debt To Gdp Ratio Malaysia

Earlier this week the government tabled the temporary measures for government financing covid 19 bill 2020 in the dewan rakyat which provides for a temporary increase in the national debt ratio.

Debt to gdp ratio malaysia. Canada s national debt currently sits at about 1 2 trillion cad 925 billion usd. Germany s total debt is at approximately 2 291 trillion 2 527 trillion usd. Malaysia debt to gdp ratio for 2014 was 52 68 a 0 32 decline from 2013. According to the national government that ratio is 65 4.

Germany s debt ratio is currently at 59 81 of its gdp. Malaysia debt to gdp ratio for 2013 was 53 00 a 1 35 increase from 2012. According to the central bank of malaysia the country s national debt to gdp ratio is 50 8. Households debt in malaysia increased to 68 20 percent of gdp in the fourth quarter of 2019 from 68 percent of gdp in the third quarter of 2019.

He also said that malaysia can afford the 55 per cent debt to gdp ratio. Prime minister tun dr mahathir mohamad says malaysia s debt to gdp ratio is lower now resulting in a more manageable debt level but the government will sell more assets to reduce borrowings well it debt has come down and the minister of finance will know the exact figure. The country s media and some politicians and economists prefer the figure of 80 3. Canada experienced a gradual decrease in debt after the 1990s until 2010 when the debt began increasing again.

The figures refer to the whole country and include the debts of the state the communities the municipalities and the social insurances. Just to put things into perspective malaysia s government debt to gdp is about 51 percent and the median for a rated sovereigns is 41 percent moody s sovereign risk analyst anushka shah said. In one recent interview tengku zafrul had said that the rm10 billion direct fiscal injection in penjana was raised from malaysian government securities and malaysian government instrument issues. In 2018 the national debt of malaysia amounted to.

Kuala lumpur april 4. Government debt to gdp in malaysia averaged 48 60 percent from 1990 until 2018 reaching an all time high of 80 74 percent in 1990 and a record low of 31 80 percent in 1997. Malaysia recorded a government debt equivalent to 51 80 percent of the country s gross domestic product in 2018.