Malaysia Government Spending

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. 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. 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. This page provides – Malaysia Government Spending – actual values, historical data, forecast, chart, statistics, economic calendar and news.

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