Malaysia GDP: USD: Net Taxes on Product

1960 - 2020 | Yearly | USD mn | World Bank

Malaysia GDP: USD: Net Taxes on Product data was reported at 3.709 USD bn in 2020. This records a decrease from the previous number of 4.118 USD bn for 2019. Malaysia GDP: USD: Net Taxes on Product data is updated yearly, averaging 1.706 USD bn from Dec 1960 (Median) to 2020, with 58 observations. The data reached an all-time high of 4.658 USD bn in 1983 and a record low of -238.469 USD mn in 1962. Malaysia GDP: USD: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Gross Domestic Product: Nominal. Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

View Malaysia's Malaysia GDP: USD: Net Taxes on Product from 1960 to 2020 in the chart:

Malaysia Malaysia GDP: USD: Net Taxes on Product

What was Malaysia's Malaysia GDP: USD: Net Taxes on Product in 2020?

Last Previous Min Max Unit Frequency Range
3,709.408 2020 4,118.409 2019 -238.469 1962 4,658.165 1983 USD mn yearly 1960 - 2020

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Malaysia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 43,387.130 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 17,523.630 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.939 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 2.8 Dec 2022 quarterly Mar 1992 - Dec 2022
GDP per Capita (USD) 12,471.769 2022 yearly 1957 - 2022
Gross Fixed Capital Formation (USD mn) 21,349.382 Jun 2024 quarterly Mar 1991 - Jun 2024
Gross National Product (GNP) (USD mn) 96,600.964 Jun 2024 quarterly Mar 2000 - Jun 2024
Gross Savings Rate (%) 26.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Investment: % of GDP (%) 25.3 Jun 2024 quarterly Mar 1991 - Jun 2024
Nominal GDP (USD mn) 102,217.9 Dec 2022 quarterly Mar 1991 - Dec 2022
Nominal GDP Growth (%) 7.452 Jun 2024 quarterly Mar 1992 - Jun 2024
Private Consumption Expenditure (USD mn) 59,531.296 Jun 2024 quarterly Mar 1991 - Jun 2024
Private Consumption: % of GDP (%) 59.6 Jun 2024 quarterly Mar 1991 - Jun 2024
Public Consumption Expenditure (USD mn) 10,940.015 Jun 2024 quarterly Mar 1991 - Jun 2024
Public Consumption: % of GDP (%) 11.0 Jun 2024 quarterly Mar 1991 - Jun 2024
Real GDP Growth (%) 7.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 138.448 Jun 2024 quarterly Mar 1991 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 1,800.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 2.2 Sep 2024 monthly Jan 2011 - Sep 2024
Minerals Production (Metric Ton) 90,885,331.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 774,600.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 0.440 2021 yearly 1986 - 2021
Construction and Properties Last Frequency Range
Nominal Residential Property Price Index (2010=100) 216.588 Jun 2024 quarterly Mar 1988 - Jun 2024
Nominal Residential Property Price Index Growth (%) 0.876 Jun 2024 quarterly Mar 1989 - Jun 2024
Real Residential Property Price Index (2010=100) 163.203 Jun 2024 quarterly Mar 1988 - Jun 2024
Real Residential Property Price Index Growth (%) -1.049 Jun 2024 quarterly Mar 1989 - Jun 2024
House Prices Growth (%) 0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.9 2023 yearly 1970 - 2023
Forecast: Government Expenditure (MYR bn) 560.959 2029 yearly 1990 - 2029
Forecast: Government Net Debt (MYR bn) 1,896.039 2029 yearly 1990 - 2029
Forecast: Government Revenue (MYR bn) 473.200 2029 yearly 1990 - 2029
Government Debt: % of GDP (%) 65.4 Jun 2024 quarterly Dec 2010 - Jun 2024
National Government Debt (USD mn) 260,298.2 Jun 2024 quarterly Mar 1978 - Jun 2024
Tax Revenue (USD mn) 11,278.155 Jun 2024 quarterly Mar 1980 - Jun 2024
Consolidated Fiscal Balance (USD mn) -23,593.390 2023 yearly 1970 - 2023
Tax Revenue: % of GDP (%) 11.3 Jun 2024 quarterly Mar 1991 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 16,689,000.000 Sep 2024 monthly Jan 2009 - Sep 2024
Forecast: Population (Person mn) 35.333 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.525 2029 yearly 1985 - 2029
Labour Force Participation Rate (%) 70.5 Sep 2024 monthly Jan 2010 - Sep 2024
Labour Productivity Growth (%) 3.06 Jun 2024 quarterly Mar 2001 - Jun 2024
Monthly Earnings (USD) 809 Sep 2024 monthly Jan 2013 - Sep 2024
Population (Person mn) 34.1 2024 yearly 1947 - 2024
Unemployment Rate (%) 3.20 Sep 2024 monthly Jan 2010 - Sep 2024

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