Tax revenue (current LCU) in Malaysia
Malaysia: Tax revenue (current LCU) was 240.19 billion current LCU in 2024. ▲ Rising
Tax revenue in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Malaysia stood at 240.19 billion current LCU. That is the highest value across all 29 years on record.
That represents a change of up 4.8% on the previous year and up 46.3% over ten years.
Over the whole period, tax revenue in Malaysia peaked at 240.19 billion current LCU in 2024 and was at its lowest, 42.39 billion current LCU, in 1999.
Malaysia ranks 78th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Tax revenue (current LCU) in Malaysia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 49.17 billion current LCU | — |
| 1997 | 55.66 billion current LCU | +13.2% |
| 1998 | 47.39 billion current LCU | -14.9% |
| 1999 | 42.39 billion current LCU | -10.5% |
| 2000 | 48.71 billion current LCU | +14.9% |
| 2001 | 62.74 billion current LCU | +28.8% |
| 2002 | 66.86 billion current LCU | +6.6% |
| 2003 | 64.89 billion current LCU | -2.9% |
| 2004 | 72.05 billion current LCU | +11.0% |
| 2005 | 80.59 billion current LCU | +11.9% |
| 2006 | 86.63 billion current LCU | +7.5% |
| 2007 | 95.17 billion current LCU | +9.9% |
| 2008 | 112.90 billion current LCU | +18.6% |
| 2009 | 106.50 billion current LCU | -5.7% |
| 2010 | 109.52 billion current LCU | +2.8% |
| 2011 | 134.88 billion current LCU | +23.2% |
| 2012 | 151.64 billion current LCU | +12.4% |
| 2013 | 155.95 billion current LCU | +2.8% |
| 2014 | 164.21 billion current LCU | +5.3% |
| 2015 | 165.44 billion current LCU | +0.8% |
| 2016 | 169.34 billion current LCU | +2.4% |
| 2017 | 177.66 billion current LCU | +4.9% |
| 2018 | 174.06 billion current LCU | -2.0% |
| 2019 | 180.57 billion current LCU | +3.7% |
| 2020 | 154.40 billion current LCU | -14.5% |
| 2021 | 173.70 billion current LCU | +12.5% |
| 2022 | 208.76 billion current LCU | +20.2% |
| 2023 | 229.19 billion current LCU | +9.8% |
| 2024 | 240.19 billion current LCU | +4.8% |
Malaysia compared with similar countries
- Malaysia's 240.19 billion current LCU is below the median for upper middle income countries, which is 346.89 billion current LCU, 69% of the median. (48 countries reporting)
- Malaysia's 240.19 billion current LCU is above the median for East Asia & Pacific, which is 106.40 billion current LCU, 2.3× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.65 billion current LCU | 42.39 billion current LCU | 55.66 billion current LCU | 4 |
| 2000s | 79.70 billion current LCU | 48.71 billion current LCU | 112.90 billion current LCU | 10 |
| 2010s | 158.33 billion current LCU | 109.52 billion current LCU | 180.57 billion current LCU | 10 |
| 2020s | 201.25 billion current LCU | 154.40 billion current LCU | 240.19 billion current LCU | 5 |
Countries ranked near Malaysia
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Malaysia?
- Tax revenue in Malaysia was 240.19 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Malaysia?
- The highest recorded value was 240.19 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Malaysia?
- The lowest recorded value was 42.39 billion current LCU in 1999.
- How does Malaysia rank for tax revenue?
- Malaysia ranks 78th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Malaysia?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is rising.
- 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.