Military expenditure in Malaysia
Malaysia: Military expenditure was 4.31 billion current USD in 2024. ◆ Volatile
Military expenditure in Malaysia, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Malaysia stood at 4.31 billion current USD.
The figure is up 9.9% on the previous year and down 12.3% over ten years.
Over the whole period, military expenditure in Malaysia peaked at 4.92 billion current USD in 2014 and was at its lowest, 42.47 million current USD, in 1961.
Malaysia ranks 51st 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 | 98.56 million current USD | 42.47 million current USD | 148.63 million current USD | 10 |
| 1970s | 427.68 million current USD | 199.59 million current USD | 778.64 million current USD | 10 |
| 1980s | 1.17 billion current USD | 855.74 million current USD | 1.45 billion current USD | 10 |
| 1990s | 1.83 billion current USD | 1.13 billion current USD | 2.44 billion current USD | 10 |
| 2000s | 3.01 billion current USD | 1.53 billion current USD | 4.41 billion current USD | 10 |
| 2010s | 4.18 billion current USD | 3.27 billion current USD | 4.92 billion current USD | 10 |
| 2020s | 3.79 billion current USD | 3.37 billion current USD | 4.31 billion current USD | 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 military expenditure in Malaysia?
- Military expenditure in Malaysia was 4.31 billion current USD 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 4.92 billion current USD in 2014.
- What is the lowest military expenditure recorded in Malaysia?
- The lowest recorded value was 42.47 million current USD in 1961.
- How does Malaysia rank for military expenditure?
- Malaysia ranks 51st out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Malaysia?
- Over the last ten years it is down 12.3%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)