Customs and other import duties in Malaysia
Malaysia: Customs and other import duties was 3.07 billion current LCU in 2024. ▼ Falling
Customs and other import duties in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for customs and other import duties in Malaysia is 3.07 billion current LCU, measured in 2024.
That represents a change of up 1.2% on the previous year and up 15.1% over ten years.
Over the whole period, customs and other import duties in Malaysia peaked at 6.52 billion current LCU in 1997 and was at its lowest, 1.97 billion current LCU, in 2010.
Malaysia ranks 84th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.31 billion current LCU | 3.87 billion current LCU | 6.52 billion current LCU | 4 |
| 2000s | 3.15 billion current LCU | 2.11 billion current LCU | 3.92 billion current LCU | 10 |
| 2010s | 2.55 billion current LCU | 1.97 billion current LCU | 2.91 billion current LCU | 10 |
| 2020s | 2.86 billion current LCU | 2.35 billion current LCU | 3.19 billion current LCU | 5 |
Countries ranked near Malaysia
More public sector data for Malaysia
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- Tax revenue 12.4% (2024)
- Taxes on income, profits and capital gains 47.6% (2024)
- Taxes on goods and services 22.6% (2024)
- Net investment in nonfinancial assets 4.4% (2024)
- Net lending (+) / net borrowing (-) -4.1% (2024)
- Interest payments 15.6% (2024)
- Grants and other revenue 26.0% (2024)
- Interest payments 14.9% (2023)
- Other taxes 2.3% (2024)
Frequently asked questions
- What is customs and other import duties in Malaysia?
- Customs and other import duties in Malaysia was 3.07 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Malaysia?
- The highest recorded value was 6.52 billion current LCU in 1997.
- What is the lowest customs and other import duties recorded in Malaysia?
- The lowest recorded value was 1.97 billion current LCU in 2010.
- How does Malaysia rank for customs and other import duties?
- Malaysia ranks 84th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Malaysia?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is falling.
- Where does this Malaysia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.