Net incurrence of liabilities, total (% of GDP) in Malaysia
Malaysia: Net incurrence of liabilities, total (% of GDP) was 4.0% in 2024. ▲ Rising
Net incurrence of liabilities, total in Malaysia, 2002–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Malaysia recorded 4.0% for net incurrence of liabilities, total in 2024.
That represents a change of down 21.6% on the previous year and up 18.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Malaysia peaked at 7.1% in 2009 and was at its lowest, 1.7%, in 2005.
That places Malaysia 58th out of 136 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Net incurrence of liabilities, total (% of GDP) in Malaysia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 3.7% | — |
| 2003 | 4.7% | +27.1% |
| 2004 | 5.4% | +16.2% |
| 2005 | 1.7% | -68.9% |
| 2006 | 2.5% | +45.5% |
| 2007 | 3.2% | +31.1% |
| 2008 | 4.6% | +41.5% |
| 2009 | 7.1% | +55.3% |
| 2010 | 4.9% | -31.2% |
| 2011 | 5.0% | +2.4% |
| 2012 | 4.5% | -10.8% |
| 2013 | 3.9% | -13.5% |
| 2014 | 3.4% | -12.9% |
| 2015 | 3.4% | +0.2% |
| 2016 | 3.1% | -8.1% |
| 2017 | 2.9% | -4.9% |
| 2018 | 3.7% | +26.9% |
| 2019 | 3.4% | -8.5% |
| 2020 | 6.1% | +78.5% |
| 2021 | 6.5% | +6.1% |
| 2022 | 5.5% | -14.5% |
| 2023 | 5.1% | -8.4% |
| 2024 | 4.0% | -21.6% |
Malaysia compared with similar countries
- Malaysia's 4.0% is above the median for upper middle income countries, which is 2.9%, 1.4× the median. (47 countries reporting)
- Malaysia's 4.0% is above the median for East Asia & Pacific, which is 2.0%, 2.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | 1.7% | 7.1% | 8 |
| 2010s | 3.8% | 2.9% | 5.0% | 10 |
| 2020s | 5.4% | 4.0% | 6.5% | 5 |
Countries ranked near Malaysia
More public sector data for Malaysia
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- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
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- Arms imports (SIPRI trend indicator values), per capita 0.1993 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2023)
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Frequently asked questions
- What is net incurrence of liabilities, total in Malaysia?
- Net incurrence of liabilities, total in Malaysia was 4.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Malaysia?
- The highest recorded value was 7.1% in 2009.
- What is the lowest net incurrence of liabilities, total recorded in Malaysia?
- The lowest recorded value was 1.7% in 2005.
- How does Malaysia rank for net incurrence of liabilities, total?
- Malaysia ranks 58th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Malaysia?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is rising.
- Where does this Malaysia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.