Malaysia: Government spending, in dollars

* indicates monthly or quarterly data series
 Malaysia

Government spending, billion USD

 Latest value 47.76
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 14.39
 Min - Max 0.24 - 47.76
 Source The World Bank
The latest value from 2023 is 47.76 billion U.S. dollars, an increase from 47.23 billion U.S. dollars in 2022. In comparison, the world average is 109.33 billion U.S. dollars, based on data from 146 countries. Historically, the average for Malaysia from 1960 to 2023 is 14.39 billion U.S. dollars. The minimum value, 0.24 billion U.S. dollars, was reached in 1960 while the maximum of 47.76 billion U.S. dollars was recorded in 2023. See the global rankings or world map 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, in dollars - Recent values chart

Historical series
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 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 54.84 Q1/2025 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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