Malaysia recorded a Government Budget deficit equal to 5 percent of the country's Gross Domestic Product in 2023. Government Budget in Malaysia averaged -3.31 percent of GDP from 1988 until 2023, 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. source: Ministry of Finance Malaysia

Government Budget in Malaysia is expected to reach -4.20 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Government Budget is projected to trend around -3.90 percent of GDP in 2025, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 68.00 Jan 2025
Fiscal Expenditure 76343.70 79443.00 MYR Million Sep 2024
Government Budget -5.00 -5.60 percent of GDP Dec 2023
Government Budget Value 10776.60 -10338.00 MYR Million Sep 2024
Government Debt to GDP 61.10 63.40 percent of GDP Dec 2022
Government Revenues 87120.30 69105.00 MYR Million Sep 2024
Government Spending 52347.00 48452.00 MYR Million Sep 2024
Holidays
Military Expenditure 3899.10 3673.80 USD Million Dec 2023

Malaysia Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-5.00 -5.60 2.40 -6.70 1988 - 2023 percent of GDP Yearly