Taxes on goods and services gdp in Malaysia
Malaysia: Taxes on goods and services gdp was 3.42 in 2023. ▼ Falling
Latest (2023)
3.42
Change on year
up 6.7%
World rank
152nd
of 186 countries
All-time high
5.79
in 1995
All-time low
2.92
in 2021
Years of data
37
1980–2023
Taxes on goods and services gdp in Malaysia, 1980–2023
Source: Our World in Data.
Analysis
The most recent figure for taxes on goods and services gdp in Malaysia is 3.42, measured in 2023.
Compared with earlier readings it is up 6.7% on the previous year and up 14.1% over ten years.
Over the whole period, taxes on goods and services gdp in Malaysia peaked at 5.79 in 1995 and was at its lowest, 2.92, in 2021.
Malaysia ranks 152nd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 37 years of available data.
Taxes on goods and services gdp in Malaysia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 4.04 | — |
| 1981 | 3.87 | -4.2% |
| 1982 | 3.95 | +2.0% |
| 1983 | 4.87 | +23.2% |
| 1984 | 4.37 | -10.3% |
| 1992 | 5.12 | +17.4% |
| 1993 | 5.32 | +3.9% |
| 1994 | 5.59 | +5.0% |
| 1995 | 5.79 | +3.5% |
| 1996 | 5.78 | -0.2% |
| 1997 | 5.74 | -0.7% |
| 1998 | 4.12 | -28.1% |
| 1999 | 4.43 | +7.6% |
| 2000 | 3.98 | -10.2% |
| 2001 | 4.67 | +17.2% |
| 2002 | 4.32 | -7.4% |
| 2003 | 3.68 | -14.8% |
| 2004 | 3.46 | -6.0% |
| 2005 | 3.79 | +9.5% |
| 2006 | 3.2 | -15.5% |
| 2007 | 3.02 | -5.8% |
| 2008 | 3.14 | +4.2% |
| 2009 | 3.33 | +6.0% |
| 2010 | 3.21 | -3.6% |
| 2011 | 3.09 | -3.8% |
| 2012 | 3.09 | +0.2% |
| 2013 | 3 | -3.0% |
| 2014 | 2.93 | -2.2% |
| 2015 | 4.24 | +44.6% |
| 2016 | 4.92 | +16.1% |
| 2017 | 4.6 | -6.5% |
| 2018 | 3.13 | -32.0% |
| 2019 | 3.19 | +1.8% |
| 2020 | 3.12 | -2.0% |
| 2021 | 2.92 | -6.5% |
| 2022 | 3.21 | +9.8% |
| 2023 | 3.42 | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.22 | 3.87 | 4.87 | 5 |
| 1990s | 5.24 | 4.12 | 5.79 | 8 |
| 2000s | 3.66 | 3.02 | 4.67 | 10 |
| 2010s | 3.54 | 2.93 | 4.92 | 10 |
| 2020s | 3.17 | 2.92 | 3.42 | 4 |
Countries ranked near Malaysia
- 149 Suriname 3.65 compare
- 150 Guinea-Bissau 3.56 compare
- 151 Côte d'Ivoire 3.56 compare
- 153 Congo, Democratic Republic of the 3.39 compare
- 154 Indonesia 3.37 compare
- 155 Sao Tome and Principe 3.33 compare
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 domestic savings (current US$), annual growth rate 6.61 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.26 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 3,412 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -0.1899 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 1.11 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 14,620 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 7.55 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9432 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Malaysia?
- Taxes on goods and services gdp in Malaysia was 3.42 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Malaysia?
- The highest recorded value was 5.79 in 1995.
- What is the lowest taxes on goods and services gdp recorded in Malaysia?
- The lowest recorded value was 2.92 in 2021.
- How does Malaysia rank for taxes on goods and services gdp?
- Malaysia ranks 152nd out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Malaysia?
- Over the last ten years it is up 14.1%. 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 Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
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