Taxes on income, profits and capital gains in Malaysia
Malaysia: Taxes on income, profits and capital gains was 154.40 billion current LCU in 2024. ▲ Rising
Taxes on income, profits and capital gains 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 taxes on income, profits and capital gains in Malaysia is 154.40 billion current LCU, measured in 2024.
Compared with earlier readings it is down 0.8% on the previous year and up 32.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Malaysia peaked at 155.61 billion current LCU in 2023 and was at its lowest, 22.66 billion current LCU, in 1996.
That places Malaysia 70th out of 153 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 income, profits and capital gains in Malaysia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 22.66 billion current LCU | — |
| 1997 | 27.12 billion current LCU | +19.7% |
| 1998 | 28.37 billion current LCU | +4.6% |
| 1999 | 25.16 billion current LCU | -11.3% |
| 2000 | 27.02 billion current LCU | +7.4% |
| 2001 | 40.13 billion current LCU | +48.6% |
| 2002 | 42.17 billion current LCU | +5.1% |
| 2003 | 40.44 billion current LCU | -4.1% |
| 2004 | 44.84 billion current LCU | +10.9% |
| 2005 | 49.60 billion current LCU | +10.6% |
| 2006 | 57.35 billion current LCU | +15.6% |
| 2007 | 64.26 billion current LCU | +12.1% |
| 2008 | 76.90 billion current LCU | +19.7% |
| 2009 | 73.02 billion current LCU | -5.0% |
| 2010 | 72.78 billion current LCU | -0.3% |
| 2011 | 94.84 billion current LCU | +30.3% |
| 2012 | 108.20 billion current LCU | +14.1% |
| 2013 | 110.98 billion current LCU | +2.6% |
| 2014 | 116.62 billion current LCU | +5.1% |
| 2015 | 101.56 billion current LCU | -12.9% |
| 2016 | 99.61 billion current LCU | -1.9% |
| 2017 | 105.17 billion current LCU | +5.6% |
| 2018 | 119.16 billion current LCU | +13.3% |
| 2019 | 123.21 billion current LCU | +3.4% |
| 2020 | 101.79 billion current LCU | -17.4% |
| 2021 | 118.45 billion current LCU | +16.4% |
| 2022 | 139.33 billion current LCU | +17.6% |
| 2023 | 155.61 billion current LCU | +11.7% |
| 2024 | 154.40 billion current LCU | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.83 billion current LCU | 22.66 billion current LCU | 28.37 billion current LCU | 4 |
| 2000s | 51.57 billion current LCU | 27.02 billion current LCU | 76.90 billion current LCU | 10 |
| 2010s | 105.21 billion current LCU | 72.78 billion current LCU | 123.21 billion current LCU | 10 |
| 2020s | 133.92 billion current LCU | 101.79 billion current LCU | 155.61 billion current LCU | 5 |
Countries ranked near Malaysia
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 income, profits and capital gains in Malaysia?
- Taxes on income, profits and capital gains in Malaysia was 154.40 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Malaysia?
- The highest recorded value was 155.61 billion current LCU in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Malaysia?
- The lowest recorded value was 22.66 billion current LCU in 1996.
- How does Malaysia rank for taxes on income, profits and capital gains?
- Malaysia ranks 70th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Malaysia?
- Over the last ten years it is up 32.4%. 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.