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 to our Premium Plan for an ad-free and unlimited reading experience!

GDP , Malaysia Economy ,


Next In Business News

High expectations
The global port race: Will Malaysia keep up?
Divergent views on economic prospects
Uplifting local agriculture
Addressing the ripple effect of higher wages
Identifying opportunities for 2024
India economy to exceed growth estimates
OCBC sues money laundering suspect for US$15mil
Asia factory activity weakens, uncertainty on China clouds outlook
Results on track

Others Also Read