Malaysia: Government spending, in dollars

* indicates monthly or quarterly data series
 Malaysia

Government spending, billion USD

 Latest value 48.15
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 14.41
 Min - Max 0.24 - 48.15
 Source The World Bank
For that indicator, we provide data for Malaysia from 1960 to 2023. The average value for Malaysia during that period was 14.41 billion U.S. dollars with a minimum of 0.24 billion U.S. dollars in 1960 and a maximum of 48.15 billion U.S. dollars in 2023. The latest value from 2023 is 48.15 billion U.S. dollars. For comparison, the world average in 2023 based on 131 countries is 69.63 billion U.S. dollars. 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 - Government spending, in dollars - Recent values chart

Historical chart
Malaysia - Government spending, in dollars - historical chart - 1960-2023




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. Data are in current U.S. dollars.

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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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