Italy vs Malaysia: Goods and services expense (current LCU)

Italy
32.52 billion current LCU
in 2024
Malaysia
37.67 billion current LCU
in 2024
Italy rank
79th
Malaysia rank
76th

Goods and services expense (current LCU) over time

  • Italy
  • Malaysia
010.0B20.0B30.0B40.0B197319982024

How they compare

Malaysia currently reports 37.67 billion current LCU against 32.52 billion current LCU in Italy, a difference of 5.15 billion current LCU.

That makes Malaysia's figure about 1.2 times Italy's.

The two have swapped places 3 times across 29 shared years of data; in 1996 it was Italy ahead.

Italy ranks 79th and Malaysia ranks 76th of 155 countries.

Across the 4 decades both report, Italy averaged higher in 2 and Malaysia in 2.

Head to head by decade

Decade Italy Malaysia Difference Ahead
1990s 16.22 billion current LCU 7.09 billion current LCU 9.13 billion current LCU Italy
2000s 21.76 billion current LCU 17.65 billion current LCU 4.11 billion current LCU Italy
2010s 22.47 billion current LCU 32.08 billion current LCU 9.62 billion current LCU Malaysia
2020s 27.57 billion current LCU 32.50 billion current LCU 4.93 billion current LCU Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Italy or Malaysia?
Malaysia, at 37.67 billion current LCU against 32.52 billion current LCU in Italy as of 2024.
What is the difference in goods and services expense between Italy and Malaysia?
5.15 billion current LCU, with Malaysia ahead.
How many years of comparable data are there for Italy and Malaysia?
29 years are reported by both, from 1996 to 2024.
How do Italy and Malaysia rank globally for goods and services expense?
Italy ranks 79th and Malaysia ranks 76th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Malaysia: Goods and services expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 07 November 2026, from https://public-sector.statizoid.com/compare/goods-and-services-expense-current-lcu/italy/malaysia/

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About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,483 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.