Malye Derbety is a rural locality situated in the Republic of Kalmykia, Russia. It serves as the administrative center of the Maloderbetovsky District.
According to census data, the population of the settlement has fluctuated over recent decades. The 1989 Soviet census recorded a population of 6,637, which decreased to 5,980 in 2002 and rose to 6,434 by 2010.