Malaysia’s external debt position remains manageable, given its favourable maturity profile, with medium and long-term debt accounting for 58.5% of the total while the balance 41.5% was short-term debt. — Bloomberg
EXTERNAL debt grew by 8.1% to RM1.17 trillion or 65.4% of gross domestic product as at end-September 2022 , mainly due to higher offshore borrowings and non-resident deposits as well as foreign currency exchange rate valuation effects following the appreciation of the US dollar. Offshore borrowings increased to RM646.7bil or 55.3% of the total, largely attributed to the higher interbank borrowings and net foreign currency-denominated loans by the private sector.
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