Statutory corporate income tax rate in Malaysia
Malaysia: Statutory corporate income tax rate was 24 in 2018. ▼ Falling
Latest (2018)
24
Change on year
unchanged
World rank
42nd
of 91 countries
All-time high
28
in 2000
All-time low
24
in 2016
Years of data
19
2000–2018
Statutory corporate income tax rate in Malaysia, 2000–2018
Source: Our World in Data.
Analysis
In 2018, statutory corporate income tax rate in Malaysia stood at 24. That is the lowest value across all 19 years on record.
That represents a change of down 7.7% over ten years.
Over the whole period, statutory corporate income tax rate in Malaysia peaked at 28 in 2000 and was at its lowest, 24, in 2016.
Malaysia ranks 42nd of 91 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Statutory corporate income tax rate in Malaysia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 28 | — |
| 2001 | 28 | +0.0% |
| 2002 | 28 | +0.0% |
| 2003 | 28 | +0.0% |
| 2004 | 28 | +0.0% |
| 2005 | 28 | +0.0% |
| 2006 | 28 | +0.0% |
| 2007 | 27 | -3.6% |
| 2008 | 26 | -3.7% |
| 2009 | 25 | -3.8% |
| 2010 | 25 | +0.0% |
| 2011 | 25 | +0.0% |
| 2012 | 25 | +0.0% |
| 2013 | 25 | +0.0% |
| 2014 | 25 | +0.0% |
| 2015 | 25 | +0.0% |
| 2016 | 24 | -4.0% |
| 2017 | 24 | +0.0% |
| 2018 | 24 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.4 | 25 | 28 | 10 |
| 2010s | 24.67 | 24 | 25 | 9 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.58 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4.23 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 55,507 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.05 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9289 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 12,191 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.05 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 3.63 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Malaysia?
- Statutory corporate income tax rate in Malaysia was 24 in 2018, according to Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Malaysia?
- The highest recorded value was 28 in 2000.
- What is the lowest statutory corporate income tax rate recorded in Malaysia?
- The lowest recorded value was 24 in 2016.
- How does Malaysia rank for statutory corporate income tax rate?
- Malaysia ranks 42nd out of 91 countries with data for 2018.
- Is statutory corporate income tax rate rising or falling in Malaysia?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is falling.
- Where does this Malaysia data come from?
- The figures come from Our World in Data, published as part of Statutory corporate income tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).