What is the proportion of domestic versus external debt for Malaysia in 2022?

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Malaysia's National Debt in 2022: Domestic vs. External Proportions

In 2022, Malaysia's national debt reached RM1,079.59 billion, with domestic debts constituting the vast majority at RM1,050.078 billion, representing 97.3% of the total federal debt. External debts accounted for a significantly smaller portion, amounting to RM29.513 billion, which was 2.7% of the total federal debt.
Domestic Debt Dominance

The federal debt structure in 2022 was overwhelmingly weighted towards domestic sources. Domestic debts saw an increase of RM99.994 billion, a 10.5% rise from the previous year, reaching a total of RM1,050.078 billion. This reflects the government's primary reliance on internal borrowing mechanisms to finance its obligations.
Modest External Debt Component

Conversely, external debts represented a minor fraction of Malaysia's total federal debt in 2022. These foreign-held debts amounted to RM29.513 billion. Notably, this figure represented a slight decrease of RM0.218 billion, or 0.7%, compared to the prior year, indicating a marginal reduction in foreign borrowing.
Overall Debt Growth

The Auditor-General's report highlighted that the national debt experienced a substantial increase in 2022. The total national debt climbed by RM99.78 billion, a 10.2% surge from RM979.81 billion in 2021 to RM1,079.59 billion. This overall growth was largely driven by the expansion of domestic borrowing.

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What is the proportion of domestic versus external debt for Malaysia in 2022?

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