Taxes on exports (current LCU) in Malaysia
Malaysia: Taxes on exports (current LCU) was 2.09 billion current LCU in 2024. ▲ Rising
Taxes on exports in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malaysia recorded 2.09 billion current LCU for taxes on exports in 2024.
That represents a change of up 2.6% on the previous year and up 10.5% over ten years.
Over the whole period, taxes on exports in Malaysia peaked at 2.78 billion current LCU in 2008 and was at its lowest, 623.00 million current LCU, in 1998.
That places Malaysia 21st out of 77 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes on exports (current LCU) in Malaysia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 1.04 billion current LCU | — |
| 1997 | 1.05 billion current LCU | +1.2% |
| 1998 | 623.00 million current LCU | -40.8% |
| 1999 | 670.00 million current LCU | +7.5% |
| 2000 | 1.03 billion current LCU | +54.1% |
| 2001 | 867.00 million current LCU | -16.0% |
| 2002 | 803.00 million current LCU | -7.4% |
| 2003 | 1.16 billion current LCU | +44.0% |
| 2004 | 1.60 billion current LCU | +38.4% |
| 2005 | 2.08 billion current LCU | +30.3% |
| 2006 | 2.36 billion current LCU | +13.3% |
| 2007 | 2.32 billion current LCU | -1.7% |
| 2008 | 2.78 billion current LCU | +19.7% |
| 2009 | 1.15 billion current LCU | -58.5% |
| 2010 | 1.81 billion current LCU | +57.1% |
| 2011 | 2.08 billion current LCU | +15.0% |
| 2012 | 1.97 billion current LCU | -5.4% |
| 2013 | 1.93 billion current LCU | -1.9% |
| 2014 | 1.89 billion current LCU | -1.9% |
| 2015 | 1.04 billion current LCU | -45.1% |
| 2016 | 980.10 million current LCU | -5.7% |
| 2017 | 1.35 billion current LCU | +38.2% |
| 2018 | 1.73 billion current LCU | +27.3% |
| 2019 | 1.13 billion current LCU | -34.7% |
| 2020 | 746.14 million current LCU | -33.7% |
| 2021 | 2.06 billion current LCU | +175.8% |
| 2022 | 2.62 billion current LCU | +27.4% |
| 2023 | 2.04 billion current LCU | -22.2% |
| 2024 | 2.09 billion current LCU | +2.6% |
Malaysia compared with similar countries
- Malaysia's 2.09 billion current LCU is above the median for upper middle income countries, which is 23.14 million current LCU, 90.4× the median. (23 countries reporting)
- Malaysia's 2.09 billion current LCU is above the median for East Asia & Pacific, which is 161.44 million current LCU, 13.0× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 846.75 million current LCU | 623.00 million current LCU | 1.05 billion current LCU | 4 |
| 2000s | 1.62 billion current LCU | 803.00 million current LCU | 2.78 billion current LCU | 10 |
| 2010s | 1.59 billion current LCU | 980.10 million current LCU | 2.08 billion current LCU | 10 |
| 2020s | 1.91 billion current LCU | 746.14 million current LCU | 2.62 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)
- 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 taxes on exports in Malaysia?
- Taxes on exports in Malaysia was 2.09 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Malaysia?
- The highest recorded value was 2.78 billion current LCU in 2008.
- What is the lowest taxes on exports recorded in Malaysia?
- The lowest recorded value was 623.00 million current LCU in 1998.
- How does Malaysia rank for taxes on exports?
- Malaysia ranks 21st out of 77 countries with data for 2024.
- Is taxes on exports rising or falling in Malaysia?
- Over the last ten years it is up 10.5%. 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 Taxes on exports (current LCU). Statizoid updates them automatically from the source API.
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About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to 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.