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, 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.

MY: Revenue and Grants: Revenue: Taxes on Goods and Services data was reported at 61,537.900 MYR mn in 2016. This records an increase from the previous number of 49,899.000 MYR mn for 2015. MY: Revenue and Grants: Revenue: Taxes on Goods and Services data is updated yearly, averaging 21,025.606 MYR mn from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 61,537.900 MYR mn in 2016 and a record low of 12,716.000 MYR mn in 1998. MY: Revenue and Grants: Revenue: Taxes on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Tax revenue (% of GDP) in Malaysia was reported at 12.57 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

MY: Revenue and Grants: Revenue: Other Taxes: % of Revenue data was reported at 2.028 % in 2016. This records an increase from the previous number of 1.934 % for 2015. MY: Revenue and Grants: Revenue: Other Taxes: % of Revenue data is updated yearly, averaging 2.614 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 5.703 % in 1996 and a record low of -4.545 % in 1999. MY: Revenue and Grants: Revenue: Other Taxes: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Key information about Malaysia Tax Revenue

• Malaysia Tax Revenue was reported at 14.591 USD bn in Sep 2024.
• This records an increase from the previous figure of 11.278 USD bn for Jun 2024.
• Malaysia Tax Revenue data is updated quarterly, averaging 4.647 USD bn from Mar 1980 to Sep 2024, with 179 observations.
• The data reached an all-time high of 15.294 USD bn in Dec 2012 and a record low of 857.019 USD mn in Mar 1982.
• Malaysia Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Quarterly.

CEIC converts quarterly Tax Revenue into USD. Bank Negara Malaysia provides Tax Revenue in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Tax Revenue covers Central Government only.

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.

Key information about Malaysia Tax revenue: % of GDP

• Malaysia Tax revenue: % of GDP was reported at 13.2 % in Sep 2024.
• This records an increase from the previous number of 11.3 % for Jun 2024.
• Malaysia Tax revenue: % of GDP data is updated quarterly, averaging 14.9 % from Mar 1991 to Sep 2024, with 135 observations.
• The data reached an all-time high of 22.2 % in Jun 1991 and a record low of 8.3 % in Sep 2020.
• Malaysia Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and quarterly Nominal GDP. Bank Negara Malaysia provides Tax Revenue in local currency. Department of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015. Tax Revenue covers Central Government only. Nominal GDP prior to Q1 2015 is based on SNA 2008 with benchmark year 2010, prior to Q1 2010 is based on SNA 1993 with benchmark year 2005, prior to Q1 2005 is based on SNA 1993 with benchmark year 2000 and prior to Q1 2000 is based on SNA 1968 with benchmark year 1987.

Taxes on exports (% of tax revenue) in Malaysia was reported at 0.88954 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Taxes on exports (% of tax revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Taxes on income, profits and capital gains (% of revenue) in Malaysia was reported at 49.41 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Taxes on income, profits and capital gains (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Revenue, excluding grants (% of GDP) in Malaysia was reported at 17.28 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Revenue, excluding grants (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Malaysia Central Govt Revenue: Tax: Direct: Income: Companies data was reported at 64,464.978 MYR mn in 2017. This records an increase from the previous number of 63,625.000 MYR mn for 2016. Malaysia Central Govt Revenue: Tax: Direct: Income: Companies data is updated yearly, averaging 9,556.500 MYR mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 65,239.512 MYR mn in 2014 and a record low of 489.000 MYR mn in 1970. Malaysia Central Govt Revenue: Tax: Direct: Income: Companies data remains active status in CEIC and is reported by Bank Negara Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.F003: Central Government Revenue: Annual.

MSC Malaysia Financial Performance on Revenue from 2011 to 2017 and the year on year growth (%). The data is updated as at 31 December 2017 No. of Views : 81

Other taxes (% of revenue) in Malaysia was reported at 1.953 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Other taxes (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

In 2021, the tax revenue received in Malaysia amounted to approximately 43.92 billion U.S. dollars, an increase compared to around 38.65 billion U.S. dollars in the previous year. Malaysia's revenue from tax had decreased from a ten-year high in 2014.

In 2023, the total amount of indirect tax revenue in Malaysia reached around ***** billion Malaysian ringgit, a decrease compared to around ***** billion Malaysian ringgit from the previous year. The indirect tax revenue was at its highest in 2017, when it reached more than ** billion Malaysian ringgit.

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 July of 2025.

Revenue, excluding grants (current LCU) in Malaysia was reported at 314959000000 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Revenue, excluding grants (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Tax revenue (current LCU) in Malaysia was reported at 229185000000 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Tax revenue (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.