Government Spending in Malaysia decreased to 45649 MYR Million in the first quarter of 2022 from 58164 MYR Million in the fourth quarter of 2021. source: Department of Statistics, Malaysia

Government Spending in Malaysia averaged 31900.74 MYR Million from 2005 until 2022, reaching an all time high of 58164 MYR Million in the fourth quarter of 2021 and a record low of 12420 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 2022.

Government Spending in Malaysia is expected to be 46565.00 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 64491.00 MYR Million in 2023 and 67264.00 MYR Million in 2024, according to our econometric models.

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Malaysia Government Spending



Related Last Previous Unit Reference
Government Spending 45649.00 58164.00 MYR Million Mar 2022

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
45649.00 58164.00 58164.00 12420.00 2005 - 2022 MYR Million Quarterly
Constant 2015 Prices, NSA