Taxes on international trade in Malaysia
Malaysia: Taxes on international trade was 5.17 billion current LCU in 2024. ▼ Falling
Taxes on international trade in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malaysia recorded 5.17 billion current LCU for taxes on international trade in 2024.
Compared with earlier readings it is up 1.8% on the previous year and up 13.2% over ten years.
Over the whole period, taxes on international trade in Malaysia peaked at 7.58 billion current LCU in 1997 and was at its lowest, 3.09 billion current LCU, in 2020.
That places Malaysia 80th out of 155 countries with data for 2024, putting it 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 | 6.16 billion current LCU | 4.49 billion current LCU | 7.58 billion current LCU | 4 |
| 2000s | 4.76 billion current LCU | 3.27 billion current LCU | 5.47 billion current LCU | 10 |
| 2010s | 4.14 billion current LCU | 3.77 billion current LCU | 4.62 billion current LCU | 10 |
| 2020s | 4.77 billion current LCU | 3.09 billion current LCU | 5.81 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 taxes on international trade in Malaysia?
- Taxes on international trade in Malaysia was 5.17 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Malaysia?
- The highest recorded value was 7.58 billion current LCU in 1997.
- What is the lowest taxes on international trade recorded in Malaysia?
- The lowest recorded value was 3.09 billion current LCU in 2020.
- How does Malaysia rank for taxes on international trade?
- Malaysia ranks 80th out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Malaysia?
- Over the last ten years it is up 13.2%. 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 Taxes on international trade (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 on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-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.