Government Spending in Malaysia increased to 46814 MYR Million in the third quarter of 2021 from 43971 MYR Million in the second quarter of 2021. source: Department of Statistics, Malaysia

Government Spending in Malaysia averaged 31303.55 MYR Million from 2005 until 2021, reaching an all time high of 55940 MYR Million in the fourth quarter of 2020 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 November of 2021.

Government Spending in Malaysia is expected to be 57618.00 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 60499.00 MYR Million in 2022 and 62919.00 MYR Million in 2023, according to our econometric models.

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Malaysia Government Spending

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Government Spending 46814.00 43971.00 MYR Million Sep/21
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.