Government Expenditure In Malaysia
For example the federal government per capita expenditure in malaysia is almost ten times that in indonesia five.
Government expenditure in malaysia. The federal government expenditure has been over 80 of total government expenditure of the federal and state governments. Malaysia military expenditure values historical. As the country continues to deal with the covid 19 pandemic that has badly affected malaysians lives the government has been urged to provide more allocation in budget 2021 to help the people. Government expenditure in 2019 has been budgeted at rm314 6 billion up 8 3 per cent from this year s revised budget of rm290 4 billion according to a fiscal outlook report released alongside the.
In 2018 government expenditure in malaysia amounted to about 22 7 percent of the country s gross domestic product. 52 000 0 total estimated expenditure 267 224 0. Government expenditure on education total of gdp malaysia from the world bank. Universiti sains malaysia social science school lecturer prof dr sivamurugan pandian said the budget needs to focus on the people s welfare especially various target groups.
Government spending in malaysia averaged 30070 06 myr million from 2005 until 2020 reaching an all time high of 54451 myr million in the fourth quarter of 2019 and a record low of 12420 myr million in the first quarter of 2005. Data learn how the world bank group is helping countries with covid 19 coronavirus. 2 000 0 total development expenditure. 215 224 0 development expenditures direct grant.
Military expenditure in malaysia decreased to 3208 usd million in 2018 from 3495 usd million in 2017.