Taxes on income, profits and capital gains (current LCU) in Malaysia
Malaysia: Taxes on income, profits and capital gains (current LCU) 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 69th 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 (current LCU) 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% |
Malaysia compared with similar countries
- Malaysia's 154.40 billion current LCU is above the median for upper middle income countries, which is 135.99 billion current LCU, 1.1× the median. (48 countries reporting)
- Malaysia's 154.40 billion current LCU is above the median for East Asia & Pacific, which is 52.92 billion current LCU, 2.9× the median. (25 countries reporting)
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
- 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 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 69th 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.
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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.