Malaysia: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Malaysia

Government spending as percent of GDP

 Latest value 12.05
 Year 2023
 Measure percent
 Data availability 1960 - 2023
 Average 14.05
 Min - Max 9.77 - 19.25
 Source The World Bank
The latest value from 2023 is 12.05 percent, an increase from 11.66 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Malaysia from 1960 to 2023 is 14.05 percent. The minimum value, 9.77 percent, was reached in 1998 while the maximum of 19.25 percent was recorded in 1972. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Malaysia - Government spending, percent of GDP - Recent values chart

Historical series
Malaysia - Government spending, percent of GDP - historical chart - 1960-2023




The government size of Malaysia and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 12.05 2023 percent
 Government spending, in dollars 47.76 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -5.00 2023 percent
 Government debt 64.30 2023 percent
 Government expenditure 72.23 Q4/2024 billion
 Tax revenue 11.65 2022 percent
 Commercial tax rate 38.70 2019 percent
 Tax preparation time 174 2019 hours
 Number of taxes 9 2019 taxes
 Taxes on goods and services 19.54 2022 percent
 Taxes on international trade 1.98 2022 percent
 Income and profits taxes 47.33 2022 percent
 Foreign aid 4.89 2022 million U.S. dollars
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