Malaysia vs Singapore: Net incurrence of liabilities, total

Malaysia
76.85 billion current LCU
in 2024
Singapore
66.75 billion current LCU
in 2024
Malaysia rank
61st
Singapore rank
63rd

Net incurrence of liabilities, total over time

  • Malaysia
  • Singapore
-25.0B025.0B50.0B75.0B100.0B197219982024

How they compare

Malaysia currently reports 76.85 billion current LCU against 66.75 billion current LCU in Singapore, a difference of 10.10 billion current LCU.

That makes Malaysia's figure about 1.2 times Singapore's.

The two have swapped places 8 times across 23 shared years of data; in 2002 it was Malaysia ahead.

Malaysia ranks 61st and Singapore ranks 63rd of 136 countries.

Malaysia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Malaysia Singapore Difference Ahead
2000s 23.83 billion current LCU 18.72 billion current LCU 5.10 billion current LCU Malaysia
2010s 43.02 billion current LCU 35.68 billion current LCU 7.33 billion current LCU Malaysia
2020s 91.15 billion current LCU 62.50 billion current LCU 28.65 billion current LCU Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Malaysia or Singapore?
Malaysia, at 76.85 billion current LCU against 66.75 billion current LCU in Singapore as of 2024.
What is the difference in net incurrence of liabilities, total between Malaysia and Singapore?
10.10 billion current LCU, with Malaysia ahead.
How many years of comparable data are there for Malaysia and Singapore?
23 years are reported by both, from 2002 to 2024.
How do Malaysia and Singapore rank globally for net incurrence of liabilities, total?
Malaysia ranks 61st and Singapore ranks 63rd of 136 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malaysia vs Singapore: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 28 August 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-current-lcu/malaysia/singapore/

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About this data

Indicator
Net incurrence of liabilities, total (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,974 data points, 1972–2024
Last refreshed

Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.