Taxes on income, profits and capital gains in Malaysia
Malaysia: Taxes on income, profits and capital gains was 47.6% 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 % of revenue.
Analysis
Malaysia recorded 47.6% for taxes on income, profits and capital gains in 2024.
The figure is down 3.7% on the previous year and down 10.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Malaysia peaked at 52.9% in 2014 and was at its lowest, 38.4%, in 1996.
Malaysia ranks 8th of 153 countries on this measure, in the top 10%.
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 | % of revenue | Change |
|---|---|---|
| 1996 | 38.4% | — |
| 1997 | 41.1% | +7.0% |
| 1998 | 49.9% | +21.6% |
| 1999 | 42.6% | -14.7% |
| 2000 | 43.4% | +1.9% |
| 2001 | 50.2% | +15.8% |
| 2002 | 50.5% | +0.5% |
| 2003 | 43.7% | -13.5% |
| 2004 | 45.1% | +3.3% |
| 2005 | 46.7% | +3.4% |
| 2006 | 46.4% | -0.5% |
| 2007 | 45.9% | -1.0% |
| 2008 | 48.1% | +4.8% |
| 2009 | 46.0% | -4.4% |
| 2010 | 45.6% | -1.0% |
| 2011 | 51.1% | +12.2% |
| 2012 | 52.0% | +1.7% |
| 2013 | 52.0% | -0.1% |
| 2014 | 52.9% | +1.6% |
| 2015 | 46.4% | -12.3% |
| 2016 | 46.9% | +1.2% |
| 2017 | 47.7% | +1.8% |
| 2018 | 51.2% | +7.2% |
| 2019 | 46.6% | -8.9% |
| 2020 | 45.2% | -2.9% |
| 2021 | 50.7% | +12.0% |
| 2022 | 47.3% | -6.6% |
| 2023 | 49.4% | +4.4% |
| 2024 | 47.6% | -3.7% |
Malaysia compared with similar countries
- Malaysia's 47.6% is above the median for upper middle income countries, which is 22.7%, 2.1× the median. (48 countries reporting)
- Malaysia's 47.6% is above the median for East Asia & Pacific, which is 22.7%, 2.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.0% | 38.4% | 49.9% | 4 |
| 2000s | 46.6% | 43.4% | 50.5% | 10 |
| 2010s | 49.2% | 45.6% | 52.9% | 10 |
| 2020s | 48.0% | 45.2% | 50.7% | 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 47.6% 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 52.9% in 2014.
- What is the lowest taxes on income, profits and capital gains recorded in Malaysia?
- The lowest recorded value was 38.4% in 1996.
- How does Malaysia rank for taxes on income, profits and capital gains?
- Malaysia ranks 8th 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 down 10.0%. 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.