Malaysia - Government Debt to GDP 2023
69.71%
+4.24% from 2022
Malaysia's government debt to gdp was 69.71% in 2023, increased +4.24% from 65.46% in 2022. This was the 127th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Liechtenstein | 0.47% | -8.7% |
| 2nd | Brunei Darussalam | 2.33% | 13.5% |
| 3rd | Kuwait | 3.13% | 6.2% |
| 4th | Turkmenistan | 5.46% | -23.5% |
| 5th | Hong Kong SAR, China | 6.33% | 48.0% |
| 6th | Tuvalu | 6.67% | 5.4% |
| 7th | Afghanistan | 8.42% | -21.7% |
| 8th | Kiribati | 11.42% | -30.0% |
| 9th | Timor-Leste | 12.45% | 57.6% |
| 10th | Micronesia, Federated States of | 12.86% | -14.7% |
| 11th | Puerto Rico (US) | 16.60% | -0.5% |
| 12th | Marshall Islands | 18.22% | -8.0% |
| 13th | Russian Federation | 19.47% | 5.3% |
| 14th | Estonia | 20.10% | 4.7% |
| 15th | Solomon Islands | 20.30% | 30.9% |
| 16th | Nauru | 20.47% | -8.5% |
| 17th | Azerbaijan | 21.81% | 25.9% |
| 18th | Botswana | 22.51% | 7.2% |
| 19th | Bulgaria | 22.89% | 1.8% |
| 20th | Kazakhstan | 22.98% | -2.3% |
| 21st | Saudi Arabia | 22.98% | 7.9% |
| 22nd | Luxembourg | 24.68% | -0.9% |
| 23rd | Cambodia | 26.28% | 3.0% |
| 24th | Guyana | 26.65% | 7.3% |
| 25th | Congo, Democratic Republic of | 26.98% | 13.4% |
| 26th | Guatemala | 27.21% | -6.1% |
| 27th | Haiti | 28.46% | -3.5% |
| 28th | Türkiye | 28.67% | -5.0% |
| 29th | Comoros | 28.71% | 1.9% |
| 30th | Bosnia and Herzegovina | 28.98% | -7.2% |
| 31st | Iran, Islamic Republic of | 29.64% | -14.0% |
| 32nd | Tajikistan | 29.95% | -5.8% |
| 33rd | Samoa | 31.81% | -22.4% |
| 34th | Sweden | 31.81% | -6.2% |
| 35th | United Arab Emirates | 31.91% | 1.3% |
| 36th | Uzbekistan | 32.18% | 5.4% |
| 37th | Chad | 32.23% | 0.4% |
| 38th | Peru | 32.43% | -3.1% |
| 39th | Denmark | 33.79% | -1.3% |
| 40th | Viet Nam | 34.26% | -1.9% |
| 41st | Moldova | 34.95% | -0.3% |
| 42nd | Djibouti | 35.44% | -7.5% |
| 43rd | Andorra | 35.47% | -8.8% |
| 44th | Nigeria | 36.34% | 21.8% |
| 45th | Lithuania | 37.34% | -1.9% |
| 46th | Oman | 37.49% | -10.0% |
| 47th | Switzerland | 38.68% | 4.0% |
| 48th | Georgia | 38.92% | -0.6% |
| 49th | Equatorial Guinea | 39.09% | 31.3% |
| 50th | Eswatini | 39.37% | -0.4% |
| 51st | Chile | 39.42% | 4.0% |
| 52nd | Indonesia | 39.60% | -1.3% |
| 53rd | Bangladesh | 39.73% | 4.9% |
| 54th | Guinea | 40.35% | 6.5% |
| 55th | Belarus | 40.72% | -0.3% |
| 56th | Paraguay | 41.06% | 1.3% |
| 57th | Vanuatu | 41.78% | -2.3% |
| 58th | Kyrgyz Republic | 41.95% | -10.4% |
| 59th | Ireland | 42.06% | -2.6% |
| 60th | Iraq | 42.08% | 8.0% |
| 61st | Czechia | 42.22% | -0.7% |
| 62nd | Nicaragua | 42.30% | -7.9% |
| 63rd | Cameroon | 43.15% | -5.3% |
| 64th | Tonga | 43.26% | 0.1% |
| 65th | Qatar | 43.67% | 2.6% |
| 66th | Norway | 44.13% | 22.4% |
| 67th | Latvia | 44.65% | 0.5% |
| 68th | Serbia | 45.67% | -10.3% |
| 69th | Netherlands | 45.92% | -5.1% |
| 70th | Mongolia | 46.71% | -27.7% |
| 71st | Malta | 46.82% | -6.6% |
| 72nd | New Zealand | 46.92% | 0.1% |
| 73rd | Nepal | 46.96% | 9.9% |
| 74th | Mauritania | 47.12% | -6.6% |
| 75th | Algeria | 47.66% | -0.9% |
| 76th | Tanzania | 47.80% | 6.6% |
| 77th | Honduras | 47.85% | -6.3% |
| 78th | West Bank and Gaza | 48.50% | 2.9% |
| 79th | Sierra Leone | 49.47% | -8.3% |
| 80th | Poland | 49.52% | 1.5% |
| 81st | Australia | 49.58% | -1.3% |
| 82nd | Armenia | 50.45% | 2.4% |
| 83rd | Uganda | 50.51% | 0.7% |
| 84th | Korea | 50.54% | 1.5% |
| 85th | North Macedonia | 50.83% | 0.7% |
| 86th | Panama | 51.23% | -2.8% |
| 87th | Niger | 51.81% | 2.4% |
| 88th | Mali | 51.88% | 3.1% |
| 89th | South Sudan | 51.91% | 39.2% |
| 90th | Romania | 52.14% | 0.8% |
| 91st | Mexico | 52.64% | -2.2% |
| 92nd | Madagascar | 52.66% | 5.6% |
| 93rd | Papua New Guinea | 53.86% | 11.8% |
| 94th | Ecuador | 54.33% | -5.0% |
| 95th | Benin | 54.90% | 1.3% |
| 96th | Seychelles | 55.29% | -7.9% |
| 97th | Colombia | 55.46% | -9.5% |
| 98th | Slovak Republic | 55.64% | -3.6% |
| 99th | Central African Republic | 55.64% | 11.5% |
| 100th | St. Kitts and Nevis | 55.72% | -7.6% |
| 101st | Philippines | 56.48% | -1.6% |
| 102nd | Burkina Faso | 56.82% | -4.0% |
| 103rd | Côte d'Ivoire | 57.53% | 2.7% |
| 104th | Liberia | 57.82% | 6.5% |
| 105th | Albania | 57.98% | -11.1% |
| 106th | Burundi | 58.06% | -15.2% |
| 107th | Myanmar | 59.06% | 5.3% |
| 108th | Montenegro | 59.57% | -15.3% |
| 109th | Trinidad and Tobago | 60.20% | 13.1% |
| 110th | Dominican Republic | 60.51% | 1.6% |
| 111th | Costa Rica | 61.12% | -3.0% |
| 112th | Israel | 61.33% | 1.7% |
| 113th | Lesotho | 61.46% | -4.5% |
| 114th | Iceland | 61.55% | -7.4% |
| 115th | Croatia | 61.83% | -9.8% |
| 116th | Thailand | 62.32% | 2.9% |
| 117th | Germany | 62.38% | -3.2% |
| 118th | Rwanda | 63.42% | 4.1% |
| 119th | Uruguay | 64.00% | 6.8% |
| 120th | Jamaica | 66.55% | -5.2% |
| 121st | Namibia | 67.16% | -3.3% |
| 122nd | Belize | 67.50% | 1.0% |
| 123rd | Slovenia | 68.29% | -6.2% |
| 124th | San Marino | 68.34% | -3.1% |
| 125th | Togo | 68.60% | 2.4% |
| 126th | Morocco | 68.71% | -3.7% |
| 127th | Malaysia | 69.71% | 6.5% |
| 128th | Gabon | 70.59% | 7.6% |
| 129th | Angola | 72.41% | 29.1% |
| 130th | Hungary | 72.97% | -1.2% |
| 131st | South Africa | 73.22% | 3.5% |
| 132nd | São Tomé and Principe | 73.23% | -15.6% |
| 133rd | Kenya | 73.41% | 8.3% |
| 134th | Cyprus | 73.63% | -9.2% |
| 135th | Grenada | 74.55% | -6.0% |
| 136th | St. Lucia | 75.22% | 1.8% |
| 137th | Zimbabwe | 76.13% | 14.0% |
| 138th | Antigua and Barbuda | 76.33% | -6.9% |
| 139th | Palau | 76.44% | 10.9% |
| 140th | Finland | 77.52% | 4.7% |
| 141st | Yemen, Republic of | 77.86% | 19.2% |
| 142nd | Bahamas, The | 78.29% | -7.5% |
| 143rd | Austria | 78.51% | 0.2% |
| 144th | Pakistan | 78.51% | 1.5% |
| 145th | Ghana | 79.09% | -14.7% |
| 146th | Guinea-Bissau | 79.39% | -1.6% |
| 147th | Gambia, The | 80.24% | -4.3% |
| 148th | India | 80.72% | -1.8% |
| 149th | Ukraine | 81.21% | 4.5% |
| 150th | Mauritius | 81.45% | -0.4% |
| 151st | China | 82.01% | 8.7% |
| 152nd | Aruba | 82.46% | -15.6% |
| 153rd | Fiji | 82.93% | -9.4% |
| 154th | Brazil | 84.00% | 0.1% |
| 155th | Tunisia | 84.01% | 1.2% |
| 156th | El Salvador | 85.09% | 1.7% |
| 157th | Malawi | 86.70% | 14.5% |
| 158th | Jordan | 89.02% | 0.5% |
| 159th | St. Vincent and the Grenadines | 89.43% | 3.6% |
| 160th | Bolivia, Plurinational State of | 90.78% | 13.3% |
| 161st | Mozambique | 90.90% | -9.3% |
| 162nd | Egypt, Arab Republic of | 95.93% | 8.4% |
| 163rd | Portugal | 97.73% | -12.1% |
| 164th | Suriname | 98.23% | -16.0% |
| 165th | Dominica | 99.83% | -4.3% |
| 166th | United Kingdom | 100.35% | 0.7% |
| 167th | Congo, Republic of | 102.91% | 10.0% |
| 168th | Belgium | 103.25% | 0.5% |
| 169th | Spain | 105.07% | -3.8% |
| 170th | Canada | 107.71% | 3.4% |
| 171st | France | 109.62% | -1.6% |
| 172nd | Sri Lanka | 110.38% | -4.8% |
| 173rd | Barbados | 111.48% | -1.9% |
| 174th | Lao PDR | 116.54% | -10.9% |
| 175th | Bhutan | 117.05% | -2.3% |
| 176th | Cabo Verde | 117.52% | -7.9% |
| 177th | Senegal | 118.38% | 12.7% |
| 178th | United States | 119.84% | 0.6% |
| 179th | Maldives | 122.39% | 9.6% |
| 180th | Bahrain | 123.02% | 10.2% |
| 181st | Zambia | 129.06% | 29.7% |
| 182nd | Italy | 134.64% | -2.7% |
| 183rd | Argentina | 154.60% | 83.4% |
| 184th | Greece | 165.16% | -7.4% |
| 185th | Singapore | 172.80% | 12.0% |
| 186th | Lebanon | 192.78% | -21.2% |
| 187th | Japan | 240.46% | -3.1% |
| 188th | Sudan | 259.89% | 39.1% |
FAQ
What was Malaysia's government debt to gdp in 2023?▾
Malaysia's government debt to gdp in 2023 was 69.71%. This ranked 127th globally.
How did Malaysia's government debt to gdp change in 2023?▾
Malaysia's government debt to gdp increased by 6.5% in 2023 compared to 2022.
Which country had the highest government debt to gdp in 2023?▾
Sudan had the highest government debt to gdp in 2023 at 259.89%.
What is the government debt to gdp of Malaysia in 2023?▾
The government debt to gdp of Malaysia in 2023 was 69.71%. This ranked 127th globally.
How does 2023 compare to 2022 for Malaysia's government debt to gdp?▾
Malaysia's government debt to gdp went from 65.46% in 2022 to 69.71% in 2023, a 6.5% increase.
Related
2022
2024
All years
Full ranking 2023
Tax Revenue
Government Spending
Military Spending
Health Spending
Budget Deficit
Peak: 1990
Lowest: 1997
Government Debt to GDP 1990s
Government Debt to GDP 2000s
Government Debt to GDP 2010s
Government Debt to GDP 2020s
Highest ever
Lowest ever
Average
vs Mexico
vs China
vs Nauru
vs Argentina
Organisation of Islamic Cooperation Government Debt to GDP
ASEAN Government Debt to GDP
Global Ranking