Australia vs Malaysia

Australia vs Malaysia: Government debt

Government debt in 2025: 51.9% of GDP in Australia and 70.5% of GDP in Malaysia, by IMF estimates. In 2025 the value was higher in Malaysia, by 18.6 percentage points, or 1.36 times that in Australia.

Watch it change on the map

% of GDP · IMF

Australia vs Malaysia: Government debtGovernment debt in 2025: 51.9% of GDP in Australia and 70.5% of GDP in Malaysia, by IMF estimates. In 2025 the value was higher in Malaysia, by 18.6 percentage points, or 1.36 times that in Australia.
AustraliaMalaysiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Malaysia has been higher in every year both have figures for since 1990.
  • In 2025, Australia ranked 79 and Malaysia ranked 37 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Australia at 54.3% of GDP and Malaysia at 65.1% of GDP in 2031.

Every year

% of GDP · IMF

YearAustraliaMalaysia
202551.970.5
202450.969.8
202349.469.7
20225065.5
202155.469.2
202056.967.7
201946.557.1
201841.655.7
20174154.4
201640.555.8
201537.657
201433.955.4
201330.355.7
201227.453.8
20112451.9
201020.351.2
200916.650.4
200811.739.4
20079.639.4
20069.939.7
200510.840.8
200411.942
200313.241.4
20021539.5
200117.138.1
200019.532.5
199922.534.4
199823.733.6
199725.929.6
199629.332.8
199531.138.2
199431.743.7
199330.651.1
199227.659.1
199121.667.3
199016.474.1
198917–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearAustraliaMalaysia
202652.669.2
202753.268.8
202853.767.7
202954.166.7
203054.365.9
203154.365.1

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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