Government Spending in Malaysia increased to 40557 MYR Million in the third quarter of 2019 from 39496 MYR Million in the second quarter of 2019. Government Spending in Malaysia averaged 29303.05 MYR Million from 2005 until 2019, reaching an all time high of 53738 MYR Million in the fourth quarter of 2018 and a record low of 12420 MYR Million in the first quarter of 2005. source: Department of Statistics, Malaysia

Government Spending in Malaysia is expected to be 39426.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Malaysia to stand at 42342.00 in 12 months time. In the long-term, the Malaysia Government Spending is projected to trend around 46548.00 MYR Million in 2020, according to our econometric models.

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Malaysia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
40557.00 39496.00 53738.00 12420.00 2005 - 2019 MYR Million Quarterly
Constant 2015 Prices, NSA

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.

Malaysia Government Last Previous Highest Lowest Unit
Government Debt to GDP 51.80 50.70 80.74 31.80 percent [+]
Government Budget -3.70 -3.00 2.40 -6.70 percent of GDP [+]
Government Budget Value -25.70 -3230.10 11959.00 -10913.60 MYR Million [+]
Government Spending 40557.00 39496.00 53738.00 12420.00 MYR Million [+]
Government Revenues 68775.10 62085.90 68775.10 2735.00 MYR Million [+]
Fiscal Expenditure 68800.80 65316.00 68800.80 2759.00 MYR Million [+]
Credit Rating 70.00 [+]
Military Expenditure 3208.00 3495.00 4344.00 169.00 USD Million [+]