Government Spending in Malaysia decreased to 45431 MYR Million in the first quarter of 2023 from 59494 MYR Million in the fourth quarter of 2022. source: Department of Statistics, Malaysia

Government Spending in Malaysia averaged 32866.58 MYR Million from 2005 until 2023, reaching an all time high of 59494.00 MYR Million in the fourth quarter of 2022 and a record low of 12420.00 MYR Million in the first quarter of 2005. This page provides - Malaysia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Government Spending - values, historical data and charts - was last updated on June of 2023.

Government Spending in Malaysia is expected to be 46996.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Government Spending is projected to trend around 64534.00 MYR Million in 2024 and 67438.00 MYR Million in 2025, according to our econometric models.

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Malaysia Government Spending

Related Last Previous Unit Reference
Government Spending 45431.00 59494.00 MYR Million Mar 2023

Malaysia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
45431.00 59494.00 59494.00 12420.00 2005 - 2023 MYR Million Quarterly
Constant 2015 Prices, NSA