As of March 2025, Malaysia’s household debt reached RM1.65 trillion, equivalent to 84.3% of the national GDP. However, Deputy Finance Minister Lim Hui Ying emphasized that household financial assets still outweigh debt by 2.1 times, offering a financial cushion.
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Malaysia’s Household Debt Hits RM1.65 Trillion
She assured that the government and Bank Negara Malaysia remain committed to responsible lending practices. The median household debt service ratio (DSR) for existing loans stands at 34%, and 41% for new loans. Lim also highlighted AKPK’s role in aiding financial recovery, with over 64,000 Malaysians having fully settled their debts and 270,000 more still in recovery programmes.
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