Malaysia recorded a Government Budget deficit equal to 3.20 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance Malaysia

Government Budget in Malaysia averaged -2.99 percent of GDP from 1988 until 2019, reaching an all time high of 2.40 percent of GDP in 1997 and a record low of -6.70 percent of GDP in 2009. This page provides - Malaysia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Government Budget - values, historical data and charts - was last updated on December of 2020.

Government Budget in Malaysia is expected to reach -6.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Government Budget is projected to trend around -5.40 percent of GDP in 2021 and -4.30 percent of GDP in 2022, according to our econometric models.

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Malaysia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -3.70 2.40 -6.70 1988 - 2019 percent of GDP Yearly

Malaysia Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.50 51.20 80.74 31.80 percent [+]
Government Budget -3.20 -3.70 2.40 -6.70 percent of GDP [+]
Government Budget Value -13555.80 -8177.00 11959.00 -17215.10 MYR Million [+]
Government Spending 43374.00 40364.00 54451.00 12420.00 MYR Million [+]
Government Revenues 46402.10 56449.40 69866.00 2735.00 MYR Million [+]
Fiscal Expenditure 59957.90 64626.40 69772.40 2759.00 MYR Million [+]
Credit Rating 70.00 [+]
Military Expenditure 3208.00 3495.00 4344.00 169.00 USD Million [+]


Malaysia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.