Latest Figures For Household Debts in Malaysia

I did a posting on 21 October 2010 on the Household Debts in Malaysia.

Today I read a report in Malaysia Insider that gave some details on the breakdown of the debts. I did not see these figures in the Bernama reports or in the BNM official releases. Upon asking, the reporter informed me (isn't the internet wonderful) that those figures were given in the slides shown by BNM. Accordingly, the breakdown percentages for the household debts in Malaysia were:

1. Housing loans (45%)
2. Car loans (20%)
3. Personal loans (15%)
4. Credit card balances (5%)
5. Shares (5%)
6. Others (10%)
   

Thes percentages looked very "rounded-up" - to the nearest 5%?

The figure for total housing loans was reported as 45% of the total. From BNM website (Item 1.18), an excel spreadsheet gave the total housing loans at 31 December 2010 at RM227.758 billion. This would make the total Household Debts at 31 December 2010 RM506 billion. But the BNM table (Item 1.20) gave the Total Household Debts at 31 December 2010 at RM489.174 billion.

Put it another way, taking the total (from BNM Item 1.20 spreadsheet) of RM489.174 billion, then RM227.758 billion would be 46.56%.

In any case, a general idea of the RM amounts (using the given percentages and the RM489.174 billion total) of the various categories are:

1. Housing loans (RM220 billion)
2. Car loans (RM98 billion)
3. Personal loans (RM74 billion)
4. Credit Card balances (RM25 billion)
5. Shares (RM25 billion)
6. Others (RM50 billion)
   

I will update if better figures become available.