Malaysia Consolidated Fiscal Balance: % of GDP

1970 - 2022 | Yearly | % | CEIC Data

Key information about Malaysia Consolidated Fiscal Balance: % of GDP

  • Malaysia Consolidated Fiscal Balance recorded a deficit equal to 6.7 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 4.3 % in the previous year
  • Malaysia Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1970 to Dec 2022, with an average ratio of -4.4 %
  • The data reached an all-time high of 6.2 % in Dec 1997 and a record low of -21.0 % in Dec 1981
CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. The Department of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015. Consolidated Fiscal Balance includes General Government and Non Financial Public Enterprises. Nominal GDP prior to 2015 is based on SNA 2008 with benchmark year 2010, prior to 2010 is based on SNA 1993 with benchmark year 2005, prior to 2005 is based on SNA 1993 with benchmark year 2000, prior to 2000 is based on SNA 1968 with benchmark year 1987 and prior to 1987 is based on old national methodology.


Further information about Malaysia Consolidated Fiscal Balance: % of GDP

  • In the latest reports, Malaysia National Government Debt reached 255.4 USD bn in Dec 2023
  • Malaysia Nominal GDP reached 101.3 USD bn in Mar 2023

View Malaysia's Consolidated Fiscal Balance: % of GDP from 1970 to 2022 in the chart:

Malaysia Consolidated Fiscal Balance: % of GDP

What was Malaysia's Consolidated Fiscal Balance: % of GDP in 2022?

Malaysia Consolidated Fiscal Balance recorded a deficit equal to 6.7 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 4.3 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
-6.7 2022 -4.3 2021 -21.0 1981 6.2 1997 % yearly 1970 - 2022

Consolidated Fiscal Balance: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) -3.7 2022 yearly 1997 - 2022
Algeria (%) -3.4 2022 yearly 1994 - 2022
Argentina (%) -4.4 Dec 2023 quarterly Dec 2004 - Dec 2023
Armenia (%) -1.9 Dec 2023 quarterly Dec 2002 - Dec 2023
Australia (%) -1.1 Dec 2023 quarterly Jun 2003 - Dec 2023
Austria (%) -2.7 Dec 2023 quarterly Dec 2001 - Dec 2023
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -3.9 2022 yearly 1970 - 2022
Bolivia (%) -5.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 3.9 Sep 2023 quarterly Dec 2008 - Sep 2023
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -7.1 Dec 2023 quarterly Dec 1997 - Dec 2023
Brunei (%) 1.3 2022 yearly 2010 - 2022
Bulgaria (%) -3.1 Dec 2023 quarterly Sep 2003 - Dec 2023
Cambodia (%) -0.2 2022 yearly 2007 - 2022
Canada (%) -2.1 Dec 2023 quarterly Jun 1993 - Dec 2023
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -4.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Colombia (%) 0.2 Sep 2023 quarterly Dec 2000 - Sep 2023
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 3.2 Sep 2023 quarterly Dec 1995 - Sep 2023
Czech Republic (%) -3.3 Dec 2023 quarterly Dec 1999 - Dec 2023
Denmark (%) 3.1 Dec 2023 quarterly Dec 1999 - Dec 2023
Ecuador (%) -3.6 Dec 2023 quarterly Dec 2000 - Dec 2023
Estonia (%) -3.4 Dec 2023 quarterly Dec 1999 - Dec 2023
European Union (%) -3.3 2022 yearly 1995 - 2022
Finland (%) -2.5 Dec 2023 quarterly Dec 1999 - Dec 2023
France (%) -5.1 Sep 2023 quarterly Dec 1949 - Sep 2023
Georgia (%) -2.4 Dec 2023 quarterly Dec 2006 - Dec 2023
Germany (%) -2.1 Dec 2023 quarterly Dec 1991 - Dec 2023
Ghana (%) -4.6 Jun 2023 quarterly Dec 2008 - Jun 2023
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -6.5 Dec 2023 quarterly Sep 1999 - Dec 2023
Hungary (%) -6.7 Dec 2023 quarterly Dec 1999 - Dec 2023
Iceland (%) 0.6 Dec 2023 quarterly Mar 2002 - Dec 2023
India (%) -6.0 Dec 2023 quarterly Mar 2005 - Dec 2023
Indonesia (%) -1.7 Dec 2023 quarterly Dec 2014 - Dec 2023
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.9 Sep 2023 quarterly Dec 2000 - Sep 2023
Israel (%) -4.1 Dec 2023 quarterly Dec 1999 - Dec 2023
Italy (%) -7.2 Dec 2023 quarterly Dec 1999 - Dec 2023
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.5 Dec 2023 quarterly Dec 2008 - Dec 2023
Kenya (%) -2.1 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) -1.6 Dec 2023 quarterly Jun 2000 - Dec 2023
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) 11.7 2022 yearly 1988 - 2022
Kyrgyzstan (%) 1.0 Dec 2023 monthly Jan 2007 - Dec 2023
Laos (%) -0.3 2022 yearly 2012 - 2022
Latvia (%) -3.0 Jun 2023 quarterly Dec 1999 - Jun 2023
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -0.8 Dec 2023 quarterly Dec 1999 - Dec 2023
Luxembourg (%) -1.3 2023 yearly 1995 - 2023
Macau SAR, China (%) -5.1 Sep 2023 quarterly Dec 2003 - Sep 2023
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -6.7 2022 yearly 1970 - 2022
Malta (%) -3.4 Sep 2023 quarterly Dec 2000 - Sep 2023
Mauritius (%) -5.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Mexico (%) -3.3 Dec 2023 quarterly Dec 1980 - Dec 2023
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 1.1 Dec 2023 quarterly Dec 2000 - Dec 2023
Montenegro (%) 0.2 Dec 2023 quarterly Dec 2012 - Dec 2023
Morocco (%) -11.8 2022 yearly 1980 - 2022
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) -0.6 Dec 2023 quarterly Dec 1999 - Dec 2023
Nigeria (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Norway (%) 16.3 Dec 2023 quarterly Dec 2002 - Dec 2023
Oman (%) 2.2 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -7.9 2022 yearly 2000 - 2022
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -1.5 Dec 2023 quarterly Dec 2003 - Dec 2023
Peru (%) -2.8 Dec 2023 quarterly Dec 1990 - Dec 2023
Philippines (%) -6.2 Dec 2023 quarterly Dec 1985 - Dec 2023
Poland (%) 5.1 2023 yearly 1995 - 2023
Portugal (%) 1.2 Dec 2023 quarterly Sep 1999 - Dec 2023
Qatar (%) 5.5 Jun 2023 quarterly Mar 2011 - Jun 2023
Romania (%) -5.6 Dec 2023 quarterly Dec 2004 - Dec 2023
Russia (%) -2.3 Dec 2023 quarterly Dec 1993 - Dec 2023
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -2.2 Dec 2023 quarterly Dec 2005 - Dec 2023
Singapore (%) 1.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -3.6 Dec 2023 quarterly Dec 2000 - Dec 2023
South Africa (%) -6.0 Dec 2023 quarterly Dec 1990 - Dec 2023
Spain (%) -3.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Sri Lanka (%) -10.5 Sep 2023 quarterly Dec 2014 - Sep 2023
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) 0.7 2022 yearly 1995 - 2022
Switzerland (%) 0.5 2023 yearly 1990 - 2023

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Malaysia Key Series

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Includes 246 key indicators for Malaysia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.7 2022 yearly 1970 - 2022
Consolidated Fiscal Balance (USD mn) -27,183.026 2022 yearly 1970 - 2022
Tax Revenue (USD mn) 12,335.849 Sep 2023 quarterly Mar 1980 - Sep 2023
Tax Revenue: % of GDP (%) 12.3 Sep 2023 quarterly Mar 1991 - Sep 2023
National Government Debt (USD mn) 255,431.9 Dec 2023 quarterly Mar 1978 - Dec 2023
Government Debt: % of GDP (%) 64.3 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (MYR bn) 547.094 2028 yearly 1990 - 2028
Forecast: Government Net Debt (MYR bn) 1,832.750 2028 yearly 1990 - 2028
Forecast: Government Revenue (MYR bn) 435.266 2028 yearly 1990 - 2028
Central Government Operations: ytd: Expenditure (MYR mn) 63,282.106 Feb 2024 monthly Mar 2000 - Feb 2024
Central Govt Current Expenditure: Total (MYR mn) 69,720.292 Sep 2023 quarterly Mar 1999 - Sep 2023
Govt Debt: External (MYR mn) 281,496.000 Dec 2023 quarterly Mar 2008 - Dec 2023
Govt Debt: Domestic (MYR mn) 891,014.000 Dec 2023 quarterly Mar 2008 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.104 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,506.1 Feb 2024 monthly Jan 1990 - Feb 2024
Total Exports (USD mn) 26,315.7 Feb 2024 monthly Jan 1990 - Feb 2024
Total Exports Growth (%) -2.5 Feb 2024 monthly Jan 1991 - Feb 2024
Aluminum: Exports (USD th) 5,353,330.916 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 308,284.195 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 261,782.246 2022 yearly 1995 - 2022
Total Imports (USD mn) 23,809.5 Feb 2024 monthly Jan 1990 - Feb 2024
Total Imports Growth (%) 8.2 Feb 2024 monthly Jan 1991 - Feb 2024
Imports: Medicament (USD th) 1,514,583.396 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 907,711.591 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 2,848.699 Feb 2024 monthly Jan 1976 - Feb 2024
Total Imports from USA (USD mn) 1,608.538 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports to China (USD mn) 3,000.226 Feb 2024 monthly Jun 1976 - Feb 2024
Total Imports from China (USD mn) 4,086.219 Feb 2024 monthly Jan 1976 - Feb 2024
Trade Balance: sa (MYR mn) 11,942.874 Feb 2024 monthly Jan 1990 - Feb 2024
Imports: Taiwan (MYR mn) 4,690.016 Mar 2019 monthly Jan 1986 - Mar 2019
Imports: Value: Machinery, Appliances and Parts (MYR mn) 7,928.779 Feb 2024 monthly Jan 1989 - Feb 2024
Imports: Value: Electrical & Electronic Products (MYR mn) 29,641.714 Feb 2024 monthly Jan 1989 - Feb 2024
Imports: Value: Optical and Scientific Equipment (MYR mn) 2,418.604 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: Value: Electrical & Electronic Products (MYR mn) 39,967.201 Feb 2024 monthly Jan 1989 - Feb 2024
Exports: Value: Machinery, Appliances and Parts (MYR mn) 5,256.004 Feb 2024 monthly Jan 1989 - Feb 2024
Exports: Value: Optical and Scientific Equipment (MYR mn) 4,159.120 Feb 2024 monthly Jan 1995 - Feb 2024
Export Volume index; sa (2010=100) 156.800 Feb 2024 monthly Jan 2012 - Feb 2024
Import Volume Index (IVI): Total (2010=100) 176.200 Feb 2024 monthly Jan 2014 - Feb 2024
Export Volume Index (EVI): Total (2010=100) 142.200 Feb 2024 monthly Jan 2014 - Feb 2024
Import Volume Index; sa (2010=100) 194.400 Feb 2024 monthly Jan 2012 - Feb 2024
Terms of Trade: Total (2010=100) 113.400 Feb 2024 monthly Jan 2014 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,566.6 Dec 2023 quarterly Mar 1999 - Dec 2023
Current Account Balance (USD mn) 54.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Current Account Balance: % of GDP (%) 0.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 2,569.3 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: % of GDP (%) 2.5 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment (USD mn) 834.025 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.8 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 509.6 Sep 2023 quarterly Mar 2002 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -227.930 Sep 2023 quarterly Mar 2002 - Sep 2023
External Debt (USD mn) 270,687.1 Dec 2023 quarterly Mar 2009 - Dec 2023
External Debt: % of GDP (%) 68.2 2023 yearly 2009 - 2023
External Debt: Short Term (USD mn) 112,938.5 Dec 2023 quarterly Mar 2009 - Dec 2023
External Debt: Short Term: % of GDP (%) 28.4 2023 yearly 2009 - 2023
Forecast: Current Account Balance (USD bn) 18.101 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 26,008.551 2023 yearly 2001 - 2023
Balance of Payment (BoP): Current Account (CA) (MYR mn) 253.402 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Other Investment (MYR mn) -14,423.570 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: PI: Credit (MYR mn) 20,253.423 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Direct Investment: Asset (MYR mn) -7,357.439 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Portfolio Investment (MYR mn) -6,411.572 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Goods: Credit (MYR mn) 275,938.549 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc (MYR mn) -19,912.305 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Reserves Assets (MYR mn) 10,195.199 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Goods: Debit (MYR mn) 245,097.006 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Services: Net (MYR mn) -7,433.013 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Secondary Income: Debit (MYR mn) 10,442.721 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Portfolio Investment: Asset (MYR mn) -10,328.514 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Services: Credit (MYR mn) 54,978.930 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Services: Debit (MYR mn) 62,411.943 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Secondary Income: Net (MYR mn) -2,294.486 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Direct Investment: Liabilities (MYR mn) 12,066.459 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Net Errors and Omissions (MYR mn) 9,585.136 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Secondary Income: Credit (MYR mn) 8,148.235 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Goods: Net (MYR mn) 30,841.543 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Direct Investment (MYR mn) 4,709.020 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Capital Account (MYR mn) -121.432 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Financial Acc: Financial Derivatives (MYR mn) -3,786.183 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Portfolio Investment: Liabilities (MYR mn) 3,916.942 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Primary Income (PI): Net (MYR mn) -20,860.642 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: PI: Debit (MYR mn) 41,114.065 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: Medium and Long Term (ML) (MYR mn) 724,113.325 Dec 2023 quarterly Mar 2009 - Dec 2023
External Debt: Serv: Repayment: ML Term: Total (MYR mn) 129,353.000 2023 yearly 2010 - 2023
External Debt: Serv: Interest: ML Term: Total (MYR mn) 21,402.000 2023 yearly 2010 - 2023
Funds Inflow: Direct Investment Assets (DIA) (MYR mn) 44,542.336 Dec 2023 quarterly Mar 2008 - Dec 2023
Number of Bankruptcies (Unit) 436.000 Feb 2024 monthly Jan 1998 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Feb 2024 monthly Dec 2005 - Feb 2024
Household Debt: % of GDP (%) 84.2 2023 yearly 2002 - 2023
Non-Performing Loans (USD mn) 7,406.695 Feb 2024 monthly Dec 2005 - Feb 2024
Money Supply M1 (USD mn) 134,471.249 Feb 2024 monthly Dec 1969 - Feb 2024
Money Supply M2 (USD mn) 506,658.391 Feb 2024 monthly Dec 1969 - Feb 2024
M2 Growth (%) 5.6 Feb 2024 monthly Dec 1970 - Feb 2024
Reserve Requirement Ratio (%) 2.0 Mar 2024 monthly Jun 1959 - Mar 2024
Foreign Exchange Reserves (USD mn) 104,000.0 Mar 2024 monthly Apr 2000 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 2.000 Mar 2024 monthly Jun 1959 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 6.3 May 2023 monthly Dec 1990 - May 2023
Gold Reserves (USD mn) 2,800.000 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 524,779.061 Feb 2024 monthly Jan 2007 - Feb 2024
Total Deposits Growth (%) 4.0 Feb 2024 monthly Jan 2008 - Feb 2024
Domestic Credit (USD mn) 572,641.0 Feb 2024 monthly Jan 1987 - Feb 2024
Domestic Credit Growth (%) 6.8 Feb 2024 monthly Jan 1988 - Feb 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.100 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 264.543 Sep 2023 quarterly Mar 2006 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 608.873 Sep 2023 quarterly Jun 1964 - Sep 2023
Household Debt (USD mn) 334,204.7 2023 yearly 2002 - 2023
Total Loans (USD mn) 451,094.661 Feb 2024 monthly Dec 1996 - Feb 2024
Total Loans Growth (%) 5.82 Feb 2024 monthly Dec 1997 - Feb 2024
Private Debt: % of Nominal GDP (%) 115.88 Sep 2023 quarterly Dec 2001 - Sep 2023
Money Supply M3 (MYR mn) 2,423,051.566 Feb 2024 monthly Jan 2013 - Feb 2024
Banking System: Demand Deposits (MYR mn) 329,103.228 Oct 2018 monthly Jan 2007 - Oct 2018
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 74.602 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 3.1 Dec 2023 quarterly Mar 2004 - Dec 2023

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