Taxes on international trade in Malaysia
Malaysia: Taxes on international trade was 1.6% in 2024. ◆ Volatile
Taxes on international trade in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on international trade in Malaysia is 1.6%, measured in 2024.
Compared with earlier readings it is down 1.3% on the previous year and down 23.1% over ten years.
Over the whole period, taxes on international trade in Malaysia peaked at 12.1% in 1996 and was at its lowest, 1.4%, in 2020.
That places Malaysia 106th out of 154 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade in Malaysia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1996 | 12.1% | — |
| 1997 | 11.5% | -5.6% |
| 1998 | 7.9% | -31.1% |
| 1999 | 9.1% | +15.4% |
| 2000 | 7.4% | -18.5% |
| 2001 | 5.1% | -31.7% |
| 2002 | 5.4% | +5.4% |
| 2003 | 5.5% | +2.4% |
| 2004 | 5.5% | +0.5% |
| 2005 | 5.1% | -6.6% |
| 2006 | 4.1% | -20.7% |
| 2007 | 3.4% | -16.8% |
| 2008 | 3.4% | -0.1% |
| 2009 | 2.1% | -39.2% |
| 2010 | 2.4% | +14.9% |
| 2011 | 2.2% | -6.4% |
| 2012 | 2.0% | -7.7% |
| 2013 | 2.1% | +2.1% |
| 2014 | 2.1% | -0.9% |
| 2015 | 1.7% | -16.8% |
| 2016 | 1.8% | +6.3% |
| 2017 | 1.9% | +2.7% |
| 2018 | 2.0% | +5.7% |
| 2019 | 1.5% | -26.5% |
| 2020 | 1.4% | -5.9% |
| 2021 | 2.0% | +46.5% |
| 2022 | 2.0% | -1.8% |
| 2023 | 1.6% | -18.4% |
| 2024 | 1.6% | -1.3% |
Malaysia compared with similar countries
- Malaysia's 1.6% is below the median for upper middle income countries, which is 4.5%, 35% of the median. (48 countries reporting)
- Malaysia's 1.6% is below the median for East Asia & Pacific, which is 4.5%, 35% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.2% | 7.9% | 12.1% | 4 |
| 2000s | 4.7% | 2.1% | 7.4% | 10 |
| 2010s | 2.0% | 1.5% | 2.4% | 10 |
| 2020s | 1.7% | 1.4% | 2.0% | 5 |
Countries ranked near Malaysia
- 103 Saudi Arabia 1.9% compare
- 104 Türkiye 1.7% compare
- 105 United States of America 1.6% compare
- 107 Colombia 1.4% compare
- 108 Ukraine 1.3% compare
- 109 Timor-Leste 1.3% 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 international trade in Malaysia?
- Taxes on international trade in Malaysia was 1.6% 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 12.1% in 1996.
- What is the lowest taxes on international trade recorded in Malaysia?
- The lowest recorded value was 1.4% in 2020.
- How does Malaysia rank for taxes on international trade?
- Malaysia ranks 106th out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Malaysia?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is volatile.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.