Goods and services expense in Malaysia
Malaysia: Goods and services expense was 11.6% in 2023. ▼ Falling
Goods and services expense in Malaysia, 1996–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Malaysia recorded 11.6% for goods and services expense in 2023.
Compared with earlier readings it is up 7.1% on the previous year and down 28.3% over ten years.
Over the whole period, goods and services expense in Malaysia peaked at 19.8% in 2006 and was at its lowest, 9.3%, in 2021.
Malaysia ranks 94th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Goods and services expense in Malaysia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1996 | 14.5% | — |
| 1997 | 15.2% | +5.0% |
| 1998 | 12.2% | -19.9% |
| 1999 | 15.1% | +24.1% |
| 2000 | 14.7% | -2.8% |
| 2001 | 18.1% | +23.0% |
| 2002 | 16.6% | -7.9% |
| 2003 | 18.9% | +13.7% |
| 2004 | 18.6% | -1.8% |
| 2005 | 18.7% | +0.7% |
| 2006 | 19.8% | +5.8% |
| 2007 | 19.6% | -1.0% |
| 2008 | 16.7% | -14.7% |
| 2009 | 17.1% | +2.1% |
| 2010 | 15.9% | -6.7% |
| 2011 | 16.1% | +1.1% |
| 2012 | 15.7% | -2.5% |
| 2013 | 16.1% | +2.9% |
| 2014 | 15.7% | -2.5% |
| 2015 | 16.9% | +7.4% |
| 2016 | 14.4% | -15.0% |
| 2017 | 16.0% | +11.4% |
| 2018 | 15.3% | -4.3% |
| 2019 | 12.0% | -21.6% |
| 2020 | 11.2% | -6.7% |
| 2021 | 9.3% | -16.7% |
| 2022 | 10.8% | +15.8% |
| 2023 | 11.6% | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.2% | 12.2% | 15.2% | 4 |
| 2000s | 17.9% | 14.7% | 19.8% | 10 |
| 2010s | 15.4% | 12.0% | 16.9% | 10 |
| 2020s | 10.7% | 9.3% | 11.6% | 4 |
Countries ranked near Malaysia
- 91 Republic of Korea 12.5% compare
- 92 Iraq 12.4% compare
- 93 Mongolia 11.8% compare
- 95 Bahrain 11.5% compare
- 96 Kyrgyzstan 11.5% compare
- 97 South Africa 11.5% compare
More public sector data for Malaysia
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.1993 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -90.14 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 121.29 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0102 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.87 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.31 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 21.31 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Malaysia?
- Goods and services expense in Malaysia was 11.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Malaysia?
- The highest recorded value was 19.8% in 2006.
- What is the lowest goods and services expense recorded in Malaysia?
- The lowest recorded value was 9.3% in 2021.
- How does Malaysia rank for goods and services expense?
- Malaysia ranks 94th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Malaysia?
- Over the last ten years it is down 28.3%. 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
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About this data
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.