Malaysia government spending and debt


tradingeconomics.com

Government Spending in Malaysia increased to 35481 MYR Million in the fourth quarter of 2013 from 24556 MYR Million in the third quarter of 2013. Government Spending in Malaysia is reported by the Department of Statistics Malaysia. Government Spending in Malaysia averaged 20712.46 MYR Million from 2005 until 2013, reaching an all time high of 35481 MYR Million in the fourth quarter of 2013 and a record low of 12420 MYR Million in the first quarter of 2005. This page provides – Malaysia Government Spending – actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-02-22

malaysia-government-spending

Government Spending | Notes
Government spending (also called government expenditure or consumption) is the amount of money that federal, state, and local governments spend on public services provided to its citizens. Government expenditure covers spending on goods and services like defence, judicial and education system. Yet, it excludes government transfers like social security and unemployment benefits.
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Malaysia recorded a Government Debt to GDP of 53.10 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Malaysia is reported by the Bank Negara Malaysia. From 1990 until 2012, Malaysia Government Debt To GDP averaged 47.6 Percent reaching an all time high of 79.5 Percent in December of 1990 and a record low of 31.8 Percent in December of 1997. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides – Malaysia Government Debt To GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-02-22

malaysia-government-debt-to-gdp

Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.
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