Malaysia - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Malaysia was 48,197,280,000 as of 2019. As the graph below shows, over the past 23 years this indicator reached a maximum value of 63,160,830,000 in 2017 and a minimum value of 12,716,000,000 in 1998.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1996 15,966,000,000
1997 17,607,000,000
1998 12,716,000,000
1999 14,525,400,000
2000 15,448,600,000
2001 17,918,540,000
2002 18,038,000,000
2003 16,800,000,000
2004 17,873,000,000
2005 21,580,000,000
2006 20,018,170,000
2007 21,025,610,000
2008 25,345,480,000
2009 24,862,610,000
2010 26,730,170,000
2011 28,536,000,000
2012 30,456,000,000
2013 30,974,900,000
2014 32,899,790,000
2015 49,899,000,000
2016 61,537,900,000
2017 63,160,830,000
2018 45,328,260,000
2019 48,197,280,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Malaysia was 18.23 as of 2019. Its highest value over the past 23 years was 28.97 in 2016, while its lowest value was 14.52 in 2013.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1996 27.03
1997 26.65
1998 22.38
1999 24.58
2000 24.80
2001 22.42
2002 21.60
2003 18.14
2004 17.98
2005 20.30
2006 16.20
2007 15.03
2008 15.86
2009 15.67
2010 16.74
2011 15.39
2012 14.65
2013 14.52
2014 14.91
2015 22.78
2016 28.97
2017 28.66
2018 19.46
2019 18.23

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Malaysia was 3.48 as of 2019. Its highest value over the past 23 years was 6.88 in 1996, while its lowest value was 3.30 in 2014.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
1996 6.88
1997 6.73
1998 4.84
1999 5.12
2000 4.58
2001 5.33
2002 5.02
2003 4.30
2004 4.05
2005 4.38
2006 3.71
2007 3.55
2008 3.70
2009 3.88
2010 3.66
2011 3.57
2012 3.52
2013 3.39
2014 3.30
2015 4.69
2016 5.46
2017 5.11
2018 3.43
2019 3.48

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance