Subsidies and other transfers (current LCU) in Malaysia
Malaysia: Subsidies and other transfers (current LCU) was 135.38 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Malaysia is 135.38 billion current LCU, measured in 2024.
Compared with earlier readings it is up 0.1% on the previous year and up 46.3% over ten years.
Over the whole period, subsidies and other transfers in Malaysia peaked at 146.59 billion current LCU in 2022 and was at its lowest, 17.31 billion current LCU, in 1996.
Malaysia ranks 77th of 153 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.
Subsidies and other transfers (current LCU) in Malaysia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 17.31 billion current LCU | — |
| 1997 | 20.82 billion current LCU | +20.3% |
| 1998 | 19.99 billion current LCU | -4.0% |
| 1999 | 20.33 billion current LCU | +1.7% |
| 2000 | 28.50 billion current LCU | +40.2% |
| 2001 | 30.80 billion current LCU | +8.1% |
| 2002 | 24.76 billion current LCU | -19.6% |
| 2003 | 24.87 billion current LCU | +0.5% |
| 2004 | 33.12 billion current LCU | +33.2% |
| 2005 | 40.62 billion current LCU | +22.7% |
| 2006 | 43.41 billion current LCU | +6.9% |
| 2007 | 50.23 billion current LCU | +15.7% |
| 2008 | 70.81 billion current LCU | +41.0% |
| 2009 | 70.43 billion current LCU | -0.5% |
| 2010 | 62.48 billion current LCU | -11.3% |
| 2011 | 81.98 billion current LCU | +31.2% |
| 2012 | 90.79 billion current LCU | +10.7% |
| 2013 | 92.99 billion current LCU | +2.4% |
| 2014 | 92.51 billion current LCU | -0.5% |
| 2015 | 83.46 billion current LCU | -9.8% |
| 2016 | 78.93 billion current LCU | -5.4% |
| 2017 | 76.50 billion current LCU | -3.1% |
| 2018 | 83.60 billion current LCU | +9.3% |
| 2019 | 115.84 billion current LCU | +38.6% |
| 2020 | 107.86 billion current LCU | -6.9% |
| 2021 | 108.95 billion current LCU | +1.0% |
| 2022 | 146.59 billion current LCU | +34.5% |
| 2023 | 135.30 billion current LCU | -7.7% |
| 2024 | 135.38 billion current LCU | +0.1% |
Malaysia compared with similar countries
- Malaysia's 135.38 billion current LCU is below the median for upper middle income countries, which is 139.97 billion current LCU, 97% of the median. (46 countries reporting)
- Malaysia's 135.38 billion current LCU is above the median for East Asia & Pacific, which is 27.56 billion current LCU, 4.9× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.61 billion current LCU | 17.31 billion current LCU | 20.82 billion current LCU | 4 |
| 2000s | 41.76 billion current LCU | 24.76 billion current LCU | 70.81 billion current LCU | 10 |
| 2010s | 85.91 billion current LCU | 62.48 billion current LCU | 115.84 billion current LCU | 10 |
| 2020s | 126.82 billion current LCU | 107.86 billion current LCU | 146.59 billion current LCU | 5 |
Countries ranked near Malaysia
- 74 Equatorial Guinea 144.56 billion current LCU compare
- 75 Kyrgyzstan 144.56 billion current LCU compare
- 76 Saudi Arabia 139.62 billion current LCU compare
- 78 Belgium 133.51 billion current LCU compare
- 79 Denmark 129.90 billion current LCU compare
- 80 Switzerland 104.03 billion current LCU compare
More public sector data for Malaysia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- 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)
Frequently asked questions
- What is subsidies and other transfers in Malaysia?
- Subsidies and other transfers in Malaysia was 135.38 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Malaysia?
- The highest recorded value was 146.59 billion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in Malaysia?
- The lowest recorded value was 17.31 billion current LCU in 1996.
- How does Malaysia rank for subsidies and other transfers?
- Malaysia ranks 77th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Malaysia?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is volatile.
- 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.