Military expenditure in Malaysia
Malaysia: Military expenditure was 19.73 billion current LCU in 2024. ◆ Volatile
Military expenditure in Malaysia, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Malaysia is 19.73 billion current LCU, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 10.4% on the previous year and up 22.6% over ten years.
Over the whole period, military expenditure in Malaysia peaked at 19.73 billion current LCU in 2024 and was at its lowest, 130.00 million current LCU, in 1961.
Malaysia ranks 100th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 301.70 million current LCU | 130.00 million current LCU | 455.00 million current LCU | 10 |
| 1970s | 1.05 billion current LCU | 611.00 million current LCU | 1.70 billion current LCU | 10 |
| 1980s | 2.84 billion current LCU | 2.24 billion current LCU | 3.36 billion current LCU | 10 |
| 1990s | 5.13 billion current LCU | 3.04 billion current LCU | 6.32 billion current LCU | 10 |
| 2000s | 10.95 billion current LCU | 5.83 billion current LCU | 14.72 billion current LCU | 10 |
| 2010s | 14.98 billion current LCU | 12.41 billion current LCU | 17.70 billion current LCU | 10 |
| 2020s | 16.63 billion current LCU | 14.18 billion current LCU | 19.73 billion current LCU | 5 |
Countries ranked near Malaysia
- 97 Netherlands 21.43 billion current LCU compare
- 98 North Macedonia 20.13 billion current LCU compare
- 99 Singapore 20.13 billion current LCU compare
- 101 Guinea-Bissau 15.34 billion current LCU compare
- 102 Honduras 14.45 billion current LCU compare
- 103 Mauritania 10.32 billion current LCU compare
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 military expenditure in Malaysia?
- Military expenditure in Malaysia was 19.73 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Malaysia?
- The highest recorded value was 19.73 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Malaysia?
- The lowest recorded value was 130.00 million current LCU in 1961.
- How does Malaysia rank for military expenditure?
- Malaysia ranks 100th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Malaysia?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)