Malaysia Government Budget Balance (% of GDP)

The yearly gap between government spending and revenue as a share of GDP; negative means a deficit.

−3.4%

+0.7pp vs 2023

2024 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Budget Balance (% of GDP)

1990 to 2024

Source: IMF World Economic Outlook (GGXCNL_NGDP) · general government net lending/borrowing, % of GDP, annual · actual years only. The IMF's figures for the years after the one shown are projections, which this site does not publish.

Malaysia Government Budget Balance (% of GDP) in context

Worked out from the published series shown above.

In Malaysia, the government budget balance rose by 0.7pp in 2024, from −4.1% in 2023.

It is the highest reading since 2019.

Over the past five years it has ranged from −6.0% in 2021 to −2.0% in 2019.

Its average since 1990 is −2.1%, and the latest reading is below that.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2024
Revision status
Latest published estimate, subject to revision

This is the IMF's general government balance, covering all levels of government, so it differs from the federal government deficit the Ministry of Finance headlines.

Data refreshed 2026-10-06. Figures are the latest published observations and can be revised.

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