Services, Debit/Expenditure in Malaysia

Malaysia: Services, Debit/Expenditure was 56.37 billion in 2024. β–² Rising

Latest (2024)
56.37 billion
Change on year
up 8.0%
World rank
32nd
of 198 countries
All-time high
56.37 billion
in 2024
All-time low
21.96 billion
in 2005
Years of data
20
2005–2024

Services, Debit/Expenditure in Malaysia, 2005–2024

020.0B40.0B60.0B2005201420242005: 22.0B2006: 23.7B2007: 28.7B2008: 30.3B2009: 27.5B2010: 32.6B2011: 38.3B2012: 43.3B2013: 45.1B2014: 45.3B2015: 40.2B2016: 40.1B2017: 42.4B2018: 44.6B2019: 43.7B2020: 33.4B2021: 37.1B2022: 45.2B2023: 52.2B2024: 56.4B

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 29 Taiwan Province of China 71.13 billion compare
  2. 30 Norway 63.56 billion compare
  3. 31 Indonesia 57.58 billion compare
  4. 33 TΓΌrkiye, Republic of 53.26 billion compare
  5. 34 Finland 47.44 billion compare
  6. 35 Israel 44.44 billion compare

See the full ranking of 207 places β†’

More trade data for Malaysia

All data for Malaysia β†’

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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Services, Debit/Expenditure in Malaysia. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/malaysia/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.