Malaysia’s household debt stands at 84.3% of GDP, a level Bank Negara Malaysia (BNM) deems appropriate for current economic conditions. Governor Datuk Seri Abdul Rasheed Ghaffour said loans remain high quality, with a household impairment ratio at 1.1%, indicating borrowers’ resilience.
Malaysia’s Household Debt at 84.3% of GDP, Says BNM
He noted that banks have been prudent in lending, ensuring timely repayments and supporting households with sound financing practices. As of March 2025, household debt totalled RM1.65 trillion, offset by strong household assets.
BNM will continue monitoring debt trends to maintain financial stability while ensuring credit supports economic growth.
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