Expense in Malaysia

Malaysia: Expense was 17.0% in 2023. ▬ Flat

Latest (2023)
17.0%
Change on year
down 5.0%
World rank
125th
of 157 countries
All-time high
21.7%
in 2009
All-time low
15.8%
in 2017
Years of data
28
1996–2023

Expense in Malaysia, 1996–2023

051015201996200920231996: 18.7 % of GDP1997: 17 % of GDP1998: 16.8 % of GDP1999: 18.6 % of GDP2000: 16.5 % of GDP2001: 18.7 % of GDP2002: 17.7 % of GDP2003: 17.6 % of GDP2004: 18.9 % of GDP2005: 17.7 % of GDP2006: 17.7 % of GDP2007: 18.1 % of GDP2008: 19.6 % of GDP2009: 21.7 % of GDP2010: 18.2 % of GDP2011: 19.7 % of GDP2012: 21 % of GDP2013: 20.6 % of GDP2014: 19.7 % of GDP2015: 18.3 % of GDP2016: 16.8 % of GDP2017: 15.8 % of GDP2018: 15.9 % of GDP2019: 17.4 % of GDP2020: 18.5 % of GDP2021: 17.3 % of GDP2022: 17.9 % of GDP2023: 17 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Malaysia recorded 17.0% for expense in 2023.

The figure is down 5.0% on the previous year and down 17.4% over ten years.

Over the whole period, expense in Malaysia peaked at 21.7% in 2009 and was at its lowest, 15.8%, in 2017.

That places Malaysia 125th out of 157 countries with data for 2023, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.8% 16.8% 18.7% 4
2000s 18.4% 16.5% 21.7% 10
2010s 18.3% 15.8% 21.0% 10
2020s 17.7% 17.0% 18.5% 4

Countries ranked near Malaysia

  1. 122 Kazakhstan 17.4% compare
  2. 123 Panama 17.1% compare
  3. 124 Singapore 17.1% compare
  4. 126 Philippines 16.9% compare
  5. 127 Uganda 16.6% compare
  6. 128 Tanzania 16.3% compare

See the full ranking of 183 places →

More economy & growth data for Malaysia

All data for Malaysia →

Frequently asked questions

What is expense in Malaysia?
Expense in Malaysia was 17.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Malaysia?
The highest recorded value was 21.7% in 2009.
What is the lowest expense recorded in Malaysia?
The lowest recorded value was 15.8% in 2017.
How does Malaysia rank for expense?
Malaysia ranks 125th out of 157 countries with data for 2023.
Is expense rising or falling in Malaysia?
Over the last ten years it is down 17.4%. The long-run trend across the full record is flat.
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 Expense (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.