Malaysia recorded a Government Budget deficit equal to 4.10 percent of the country's Gross Domestic Product in 2024. Government Budget in Malaysia averaged -3.33 percent of GDP from 1988 until 2024, reaching an all time high of 2.40 percent of GDP in 1997 and a record low of -6.70 percent of GDP in 2009. source: Ministry of Finance Malaysia
Government Budget in Malaysia is expected to reach -3.70 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Government Budget is projected to trend around -3.30 percent of GDP in 2026 and -3.00 percent of GDP in 2027, according to our econometric models.