Household debt to GDP may inch up


PETALING JAYA: As the domestic economy shows signs of strain coupled with external headwinds, the risk for household debt inching higher next year remains.

Although household debt to the country’s gross domestic product (GDP) has moderated over the last few years since its peak in 2015, economists and analysts concurred that this phenomenon should not be taken lightly.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GDP , Malaysia Economy ,

Next In Business News

China's CATL raises $4.6 billion in Hong Kong listing, term sheet shows
Singapore's April exports rise 12.4% y-o-y, significantly higher than forecast
Ringgit continues to improve ahead of Malaysia's 1Q GDP announcement
FBM KLCI edges higher as investors await buying leads
Japan's economy shrinks as US tariff hit looms
Trading ideas: Aneka, Fibromat, Aemulus, Bintai, BTM, LBS, Velesto, PJBumi, Dialog, 99 Speed, Samchem, Keyfield, Swift, PBA
Oil settles down on US-Iran nuclear deal hopes
Wall St ends mixed as Cisco rallies, UnitedHealth tumbles
MSCI removes six stocks following latest review
Genting Singapore likely to see better 2H

Others Also Read