Taxes on international trade (current LCU) in Malaysia
Malaysia: Taxes on international trade (current LCU) was 5.17 billion current LCU in 2024. ▼ Falling
Taxes on international trade in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malaysia recorded 5.17 billion current LCU for taxes on international trade in 2024.
Compared with earlier readings it is up 1.8% on the previous year and up 13.2% over ten years.
Over the whole period, taxes on international trade in Malaysia peaked at 7.58 billion current LCU in 1997 and was at its lowest, 3.09 billion current LCU, in 2020.
That places Malaysia 80th out of 155 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Taxes on international trade (current LCU) in Malaysia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 7.17 billion current LCU | — |
| 1997 | 7.58 billion current LCU | +5.6% |
| 1998 | 4.49 billion current LCU | -40.7% |
| 1999 | 5.39 billion current LCU | +20.0% |
| 2000 | 4.63 billion current LCU | -14.1% |
| 2001 | 4.06 billion current LCU | -12.3% |
| 2002 | 4.47 billion current LCU | +10.1% |
| 2003 | 5.08 billion current LCU | +13.5% |
| 2004 | 5.47 billion current LCU | +7.9% |
| 2005 | 5.47 billion current LCU | -0.1% |
| 2006 | 5.04 billion current LCU | -7.9% |
| 2007 | 4.75 billion current LCU | -5.8% |
| 2008 | 5.41 billion current LCU | +14.1% |
| 2009 | 3.27 billion current LCU | -39.7% |
| 2010 | 3.78 billion current LCU | +15.6% |
| 2011 | 4.11 billion current LCU | +8.8% |
| 2012 | 4.25 billion current LCU | +3.5% |
| 2013 | 4.45 billion current LCU | +4.8% |
| 2014 | 4.56 billion current LCU | +2.4% |
| 2015 | 3.77 billion current LCU | -17.3% |
| 2016 | 3.89 billion current LCU | +3.0% |
| 2017 | 4.14 billion current LCU | +6.5% |
| 2018 | 4.62 billion current LCU | +11.7% |
| 2019 | 3.86 billion current LCU | -16.5% |
| 2020 | 3.09 billion current LCU | -19.9% |
| 2021 | 4.70 billion current LCU | +52.1% |
| 2022 | 5.81 billion current LCU | +23.6% |
| 2023 | 5.08 billion current LCU | -12.7% |
| 2024 | 5.17 billion current LCU | +1.8% |
Malaysia compared with similar countries
- Malaysia's 5.17 billion current LCU is below the median for upper middle income countries, which is 18.56 billion current LCU, 28% of the median. (48 countries reporting)
- Malaysia's 5.17 billion current LCU is above the median for East Asia & Pacific, which is 4.27 billion current LCU, 1.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.16 billion current LCU | 4.49 billion current LCU | 7.58 billion current LCU | 4 |
| 2000s | 4.76 billion current LCU | 3.27 billion current LCU | 5.47 billion current LCU | 10 |
| 2010s | 4.14 billion current LCU | 3.77 billion current LCU | 4.62 billion current LCU | 10 |
| 2020s | 4.77 billion current LCU | 3.09 billion current LCU | 5.81 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 international trade in Malaysia?
- Taxes on international trade in Malaysia was 5.17 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Malaysia?
- The highest recorded value was 7.58 billion current LCU in 1997.
- What is the lowest taxes on international trade recorded in Malaysia?
- The lowest recorded value was 3.09 billion current LCU in 2020.
- How does Malaysia rank for taxes on international trade?
- Malaysia ranks 80th out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Malaysia?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is falling.
- 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 international trade (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and 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.