Taxes on goods and services (current LCU), per unit of GDP in Malaysia
Malaysia: Taxes on goods and services (current LCU), per unit of GDP was 0.1736 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes on goods and services (current LCU), per unit of GDP in Malaysia, 1996–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Malaysia recorded 0.1736 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is up 11.3% on the previous year and up 78.4% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Malaysia peaked at 0.2043 current LCU per US$ of GDP in 2016 and was at its lowest, 0.0958 current LCU per US$ of GDP, in 2011.
Malaysia ranks 108th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Malaysia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 0.1583 current LCU per US$ of GDP | — |
| 1997 | 0.1761 current LCU per US$ of GDP | +11.2% |
| 1998 | 0.1762 current LCU per US$ of GDP | +0.1% |
| 1999 | 0.1835 current LCU per US$ of GDP | +4.2% |
| 2000 | 0.1647 current LCU per US$ of GDP | -10.2% |
| 2001 | 0.1931 current LCU per US$ of GDP | +17.2% |
| 2002 | 0.1789 current LCU per US$ of GDP | -7.4% |
| 2003 | 0.1524 current LCU per US$ of GDP | -14.8% |
| 2004 | 0.1433 current LCU per US$ of GDP | -6.0% |
| 2005 | 0.1503 current LCU per US$ of GDP | +4.9% |
| 2006 | 0.123 current LCU per US$ of GDP | -18.2% |
| 2007 | 0.1086 current LCU per US$ of GDP | -11.7% |
| 2008 | 0.1098 current LCU per US$ of GDP | +1.1% |
| 2009 | 0.1229 current LCU per US$ of GDP | +11.9% |
| 2010 | 0.1048 current LCU per US$ of GDP | -14.7% |
| 2011 | 0.0958 current LCU per US$ of GDP | -8.6% |
| 2012 | 0.0969 current LCU per US$ of GDP | +1.1% |
| 2013 | 0.0958 current LCU per US$ of GDP | -1.1% |
| 2014 | 0.0973 current LCU per US$ of GDP | +1.6% |
| 2015 | 0.1656 current LCU per US$ of GDP | +70.1% |
| 2016 | 0.2043 current LCU per US$ of GDP | +23.4% |
| 2017 | 0.1979 current LCU per US$ of GDP | -3.1% |
| 2018 | 0.1263 current LCU per US$ of GDP | -36.2% |
| 2019 | 0.132 current LCU per US$ of GDP | +4.5% |
| 2020 | 0.1313 current LCU per US$ of GDP | -0.5% |
| 2021 | 0.121 current LCU per US$ of GDP | -7.8% |
| 2022 | 0.141 current LCU per US$ of GDP | +16.6% |
| 2023 | 0.1559 current LCU per US$ of GDP | +10.5% |
| 2024 | 0.1736 current LCU per US$ of GDP | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1735 current LCU per US$ of GDP | 0.1583 current LCU per US$ of GDP | 0.1835 current LCU per US$ of GDP | 4 |
| 2000s | 0.1447 current LCU per US$ of GDP | 0.1086 current LCU per US$ of GDP | 0.1931 current LCU per US$ of GDP | 10 |
| 2010s | 0.1317 current LCU per US$ of GDP | 0.0958 current LCU per US$ of GDP | 0.2043 current LCU per US$ of GDP | 10 |
| 2020s | 0.1446 current LCU per US$ of GDP | 0.121 current LCU per US$ of GDP | 0.1736 current LCU per US$ of GDP | 5 |
Countries ranked near Malaysia
- 105 Barbados 0.232 current LCU per US$ of GDP compare
- 106 Saudi Arabia 0.2303 current LCU per US$ of GDP compare
- 107 Saint Lucia 0.195 current LCU per US$ of GDP compare
- 109 Papua New Guinea 0.1727 current LCU per US$ of GDP compare
- 110 Saint Kitts and Nevis 0.1681 current LCU per US$ of GDP compare
- 111 Croatia 0.1655 current LCU per US$ of GDP 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 taxes on goods and services (current lcu), per unit of gdp in Malaysia?
- Taxes on goods and services (current lcu), per unit of gdp in Malaysia was 0.1736 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Malaysia?
- The highest recorded value was 0.2043 current LCU per US$ of GDP in 2016.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Malaysia?
- The lowest recorded value was 0.0958 current LCU per US$ of GDP in 2011.
- How does Malaysia rank for taxes on goods and services (current lcu), per unit of gdp?
- Malaysia ranks 108th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Malaysia?
- Over the last ten years it is up 78.4%. The long-run trend across the full record is falling.
- Where does this Malaysia data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.