Tag: household debts malaysia dangerous
-
Moody’s: Household debt to GDP will moderate from 2015 (POSITIVE)
Malaysia has a negative number when it comes to household debts vs the gross domestic product (GDP). It was at 89 percent at the end of 2015. Compared to our neighbours, this percentage is indeed high. Based on information from tradingeconomics.com, the household debt versus GDP for Singapore, Thailand and Indonesia is at 61.1 percent,…