In 2023, the federal government of Malaysia recorded a total revenue of around ****** billion Malaysian ringgit. This reflects a decrease from the total revenue of about ****** billion Malaysian ringgit in the previous year.
In 2023, around **** percent of the federal government revenue on Malaysia came from income tax. Overall, taxes made up more than half of Malaysia's revenue. By comparison, non-tax revenue contributed to approximately ** percent.
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Government Revenues in Malaysia decreased to 72100 MYR Million in the first quarter of 2025 from 98366.10 MYR Million in the fourth quarter of 2024. This dataset provides - Malaysia Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, government revenue in Malaysia amounted to approximately **** percent of the nation's gross domestic product (GDP). This figure represents a slight decrease from the ratio of government revenue to GDP seen in 2022, which was at **** percent.
In 2023, the direct tax revenue of the federal government in Malaysia amounted to around ****** billion Malaysian ringgit, a decrease from around ****** billion Malaysian ringgit in the previous year. The Malaysian government revenue from taxes has been fluctuating within the period measured.
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Malaysia: Government spending as percent of GDP: 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.
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Key information about Malaysia Tax Revenue
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Government Spending in Malaysia decreased to 51201 MYR Million in the first quarter of 2025 from 67506 MYR Million in the fourth quarter of 2024. This dataset provides - Malaysia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about Malaysia Tax revenue: % of GDP
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Government expenditure on education, total (% of government expenditure) in Malaysia was reported at 17.11 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Public spending on education, total (% of government expenditure) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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<ul style='margin-top:20px;'>
<li>Malaysia education spending for 2022 was <strong>20.15%</strong>, a <strong>0.31% decline</strong> from 2021.</li>
<li>Malaysia education spending for 2021 was <strong>20.46%</strong>, a <strong>4.84% increase</strong> from 2020.</li>
<li>Malaysia education spending for 2020 was <strong>15.62%</strong>, a <strong>3.52% decline</strong> from 2019.</li>
</ul>General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
In 2024, the ratio of government expenditure to GDP in Malaysia was approximately 23.88 percent. Between 1990 and 2024, the figure dropped by around 6.65 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily decline by about 2.16 percentage points from 2024 to 2030.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
In 2023, Malaysia's military expenditure was estimated to be 4.11 percent of the nation's total government spending. Malaysia's military expenditure as a share of its total government spending had been decreasing since 2016, when the military expenditure was around six percent of the government spending.
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Interest payments (% of revenue) in Malaysia was reported at 14.71 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Interest payments (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
Market Size for Malaysia Data Center and Cloud Services Market on the Basis of Revenue in USD Billion, 2018-2023 In 2023,TM Onelaunched a new high-performance data center in Johor to meet the growing demand for secure and scalable data storage solutions among enterprises and government entities. This expansion aims to cater to Malaysia’s rapidly evolving digital economy while leveraging the strategic position of Johor as a data center hub.Kuala LumpurandJohorare key markets due to their strategic locations, well-established connectivity infrastructure, and growing demand from sectors such as financial services, telecommunications, and e-commerce. The Malaysia data center market reached a valuation ofMYR 4.8 billionin 2023, driven by the increasing demand for cloud services, digital transformation initiatives across industries, and strong government support for tech investments. The market is characterized by major players such asKeppel Data Centres,Bridge Data Centres,AIMS Data Centre,TM One, andVADS. These companies are recognized for their state-of-the-art facilities, extensive service offerings, and customer-focused infrastructure solutions.
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Government expenditure on education, total (% of GDP) in Malaysia was reported at 3.6272 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Public spending on education, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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MY:国际货币基金组织预测:一般政府:收入:占国内生产总值百分比在12-01-2023达19.313%,相较于12-01-2022的19.299%有所增长。MY:国际货币基金组织预测:一般政府:收入:占国内生产总值百分比数据按年更新,12-01-1990至12-01-2023期间平均值为23.581%,共34份观测结果。该数据的历史最高值出现于12-01-1990,达31.109%,而历史最低值则出现于12-01-2021,为19.296%。CEIC提供的MY:国际货币基金组织预测:一般政府:收入:占国内生产总值百分比数据处于定期更新的状态,数据来源于International Monetary Fund,数据归类于Global Database的马来西亚 – 表MY.IMF.FM:政府财政统计。
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The Oil and Gas Industry in Malaysia size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 1.40 % during the forecasts periods.Malaysia's oil and gas sector is a pivotal driver of the country's economy, marked by substantial production and export activities. Positioned as one of Southeast Asia's largest producers of oil and natural gas, Malaysia boasts extensive reserves situated both offshore in the South China Sea and onshore in Peninsular Malaysia and Sabah. The industry is primarily dominated by Petroliam Nasional Berhad (PETRONAS), Malaysia's national oil company, which holds a central role in exploration, production, refining, and distribution operations. Since the discovery of its initial oil fields in the early 20th century, Malaysia's oil and gas industry has undergone significant evolution. The development of major offshore fields such as Tapis and Dulang has elevated Malaysia's stature as a prominent global exporter of liquefied natural gas (LNG) and a critical supplier of petroleum products across regional markets. PETRONAS manages an advanced infrastructure network encompassing offshore platforms, pipelines, and liquefaction facilities, catering to both domestic energy demands and international export requirements. Industry challenges encompass fluctuating global oil prices, ongoing investments needed to maintain aging infrastructure, and environmental considerations associated with offshore drilling activities and emissions. Nevertheless, Malaysia continues to attract foreign investments through competitive fiscal policies, technological innovations, and strategic collaborations with multinational oil corporations. The sector significantly contributes to Malaysia's GDP, employment rates, and government revenues, underscoring its indispensable role in the country's economic development and energy security strategies. Recent developments include: January 2023: A consortium of JGC Corporation and Samsung Heavy Industries (SHI) secured an engineering, procurement, construction, and commissioning (EPCC) contract with Petronas for Malaysia's first nearshore floating LNG facility project. The planned facility is set to become the world's first nearshore floating LNG facility. It has a minimum production capacity of 2 million tonnes of LNG annually and is scheduled for completion in 2027., December 2022: Petronas announced the oil and gas discovery at the Nahara well in Block SK 306. Petronas Carigali, a wholly owned subsidiary of Petronas, is the operator of the block, with 100 percent participating interest in its Production Sharing Contract (PSC).. Key drivers for this market are: 4., Surging Demand For Refined Petroleum Products4.; Significant Untapped Petroleum Reserves in the Sedimentary Basins. Potential restraints include: 4., High Volatility of Crude Oil Prices. Notable trends are: Midstream Sector is Expected to Have Significant Market Share.
In 2023, the Malaysian government operating expenditure on healthcare amounted to around ** billion Malaysian ringgit, an increase from the previous year. In 2024, it was forecasted that the healthcare operating expenditure will increase to approximately ** billion Malaysian ringgit.
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Malaisie: Government spending, billion USD: Pour cet indicateur, La Banque mondiale fournit des données pour la Malaisie de 1960 à 2023. La valeur moyenne pour Malaisie pendant cette période était de 14.39 billion U.S. dollars avec un minimum de 0.24 billion U.S. dollars en 1960 et un maximum de 47.76 billion U.S. dollars en 2023.
In 2023, the federal government of Malaysia recorded a total revenue of around ****** billion Malaysian ringgit. This reflects a decrease from the total revenue of about ****** billion Malaysian ringgit in the previous year.