Current account balance as a proportion of GDP (%) in Malaysia
Malaysia: Current account balance as a proportion of GDP (%) was 1.7% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Malaysia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Malaysia stood at 1.7%.
That represents a change of up 8.2% on the previous year and down 61.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Malaysia peaked at 16.9% in 2008 and was at its lowest, 1.6%, in 2023.
That places Malaysia 70th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Malaysia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 9.0% | — |
| 2001 | 7.9% | -13.2% |
| 2002 | 7.1% | -9.2% |
| 2003 | 12.1% | +70.3% |
| 2004 | 12.1% | -0.4% |
| 2005 | 13.9% | +15.2% |
| 2006 | 16.1% | +15.7% |
| 2007 | 15.4% | -4.5% |
| 2008 | 16.9% | +9.6% |
| 2009 | 15.7% | -6.7% |
| 2010 | 10.1% | -36.0% |
| 2011 | 10.9% | +8.4% |
| 2012 | 5.2% | -52.4% |
| 2013 | 3.5% | -33.2% |
| 2014 | 4.4% | +26.7% |
| 2015 | 3.0% | -31.5% |
| 2016 | 2.4% | -21.3% |
| 2017 | 2.8% | +18.6% |
| 2018 | 2.2% | -20.3% |
| 2019 | 3.5% | +56.6% |
| 2020 | 4.2% | +19.6% |
| 2021 | 3.9% | -7.4% |
| 2022 | 3.1% | -19.4% |
| 2023 | 1.6% | -49.9% |
| 2024 | 1.7% | +8.2% |
Malaysia compared with similar countries
- Malaysia's 1.7% is above the median for upper middle income countries, which is -2.1%. (53 countries reporting)
- Malaysia's 1.7% is above the median for East Asia & Pacific, which is 1.1%, 1.5× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.6% | 7.1% | 16.9% | 10 |
| 2010s | 4.8% | 2.2% | 10.9% | 10 |
| 2020s | 2.9% | 1.6% | 4.2% | 5 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- Real gdp growth, annual growth rate 1.29 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.32 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0126 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 165.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.291 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0092 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 121.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Malaysia?
- Current account balance as a proportion of gdp in Malaysia was 1.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Malaysia?
- The highest recorded value was 16.9% in 2008.
- What is the lowest current account balance as a proportion of gdp recorded in Malaysia?
- The lowest recorded value was 1.6% in 2023.
- How does Malaysia rank for current account balance as a proportion of gdp?
- Malaysia ranks 70th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Malaysia?
- Over the last ten years it is down 61.4%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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