Services, Debit/Expenditure in Malaysia
Malaysia: Services, Debit/Expenditure was 56.37 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Malaysia, 2005–2024
Source: International Monetary Fund.
Analysis
Malaysia recorded 56.37 billion for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.
The figure is up 8.0% on the previous year and up 24.4% over ten years.
Over the whole period, services, debit/expenditure in Malaysia peaked at 56.37 billion in 2024 and was at its lowest, 21.96 billion, in 2005.
Malaysia ranks 32nd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Malaysia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 21.96 billion | — |
| 2006 | 23.65 billion | +7.7% |
| 2007 | 28.67 billion | +21.2% |
| 2008 | 30.27 billion | +5.6% |
| 2009 | 27.47 billion | -9.2% |
| 2010 | 32.64 billion | +18.8% |
| 2011 | 38.34 billion | +17.5% |
| 2012 | 43.35 billion | +13.1% |
| 2013 | 45.14 billion | +4.1% |
| 2014 | 45.32 billion | +0.4% |
| 2015 | 40.17 billion | -11.4% |
| 2016 | 40.14 billion | -0.1% |
| 2017 | 42.44 billion | +5.7% |
| 2018 | 44.60 billion | +5.1% |
| 2019 | 43.71 billion | -2.0% |
| 2020 | 33.38 billion | -23.6% |
| 2021 | 37.08 billion | +11.1% |
| 2022 | 45.24 billion | +22.0% |
| 2023 | 52.20 billion | +15.4% |
| 2024 | 56.37 billion | +8.0% |
Malaysia compared with similar countries
- Malaysia's 56.37 billion is above the median for upper middle income countries, which is 4.11 billion, 13.7× the median. (54 countries reporting)
- Malaysia's 56.37 billion is above the median for East Asia & Pacific, which is 2.40 billion, 23.5× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.40 billion | 21.96 billion | 30.27 billion | 5 |
| 2010s | 41.59 billion | 32.64 billion | 45.32 billion | 10 |
| 2020s | 44.85 billion | 33.38 billion | 56.37 billion | 5 |
Countries ranked near Malaysia
More trade data for Malaysia
- Commodity Net Export Price Index, Individual Commodities Weighted by 90.7 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 96.82 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 94.73 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 79.09 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.84 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.54 (2025)
- Imports of low carbon technology products, Percent of GDP 2.73 (2024)
- Imports of low carbon technology products, US dollar (World), per 323.98 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0273 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 10.18 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Malaysia?
- Services, debit/expenditure in Malaysia was 56.37 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Malaysia?
- The highest recorded value was 56.37 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Malaysia?
- The lowest recorded value was 21.96 billion in 2005.
- How does Malaysia rank for services, debit/expenditure?
- Malaysia ranks 32nd out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Malaysia?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is rising.
- Where does this Malaysia data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.