BNM: Malaysia’s Household Debt Manageable at 84.3% of GDP

PETALING JAYA – Malaysia’s household debt stands at 84.3% of GDP, a manageable level in line with the nation’s economic conditions, says Bank Negara Malaysia governor Abdul Rasheed Ghaffour. He said loans remain of good quality, with a low household impairment ratio of 1.1%, reflecting borrower resilience. Household assets, valued at RM3.45 trillion as of March, are more than double the total debt of RM1.65 trillion. Rasheed also forecast a current account surplus of 1.5%–2.5% of GDP in 2025, supported by data centre investments and inbound tourism. He said these factors would bolster exports and economic stability into 2026.

Household Debt

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