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.