Malaysia: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Malaysia

Fiscal balance, percent of GDP

 Latest value -6.40
 Year 2021
 Measure percent
 Data availability 1970 - 2021
 Average -4.78
 Min - Max -16.35 - 2.35
 Source Ministry of Finance Malaysia
For that indicator, we provide data for Malaysia from 1970 to 2021. The average value for Malaysia during that period was -4.78 percent with a minimum of -16.35 percent in 1982 and a maximum of 2.35 percent in 1997. The latest value from 2021 is -6.4 percent. For comparison, the world average in 2021 based on 172 countries is -4.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Malaysia - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Malaysia - Fiscal balance, percent of GDP - historical chart - 1970-2021




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 11.66 2022 percent
 Government spending, in dollars 48.15 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -6.40 2021 percent
 Government debt 63.40 2021 percent
 Government expenditure 52.56 Q3/2023 billion
 Tax revenue 11.21 2021 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 19.35 2021 percent
 Taxes on international trade 2.01 2021 percent
 Income and profits taxes 50.67 2021 percent
 Foreign aid 14.37 2021 million U.S. dollars
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