Current account balance as a share of GDP in Malaysia
Malaysia: Current account balance as a share of GDP was 1.7% in 2024. ◆ Volatile
Current account balance as a share of GDP in Malaysia, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Malaysia is 1.7%, measured in 2024.
The figure is up 8.3% on the previous year and down 61.5% over ten years.
Over the whole period, current account balance as a share of gdp in Malaysia peaked at 16.9% in 2008 and was at its lowest, 1.6%, in 2023.
Malaysia ranks 66th of 193 countries on this measure, 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 share of GDP in Malaysia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 9.1% | — |
| 2001 | 7.8% | -13.3% |
| 2002 | 7.1% | -9.2% |
| 2003 | 12.1% | +70.3% |
| 2004 | 12.1% | -0.4% |
| 2005 | 13.9% | +15.1% |
| 2006 | 16.1% | +15.7% |
| 2007 | 15.4% | -4.5% |
| 2008 | 16.9% | +9.6% |
| 2009 | 15.7% | -6.8% |
| 2010 | 10.1% | -36.0% |
| 2011 | 10.9% | +8.4% |
| 2012 | 5.2% | -52.4% |
| 2013 | 3.5% | -33.1% |
| 2014 | 4.4% | +26.5% |
| 2015 | 3.0% | -31.4% |
| 2016 | 2.4% | -21.3% |
| 2017 | 2.8% | +18.6% |
| 2018 | 2.2% | -20.3% |
| 2019 | 3.5% | +56.2% |
| 2020 | 4.2% | +19.7% |
| 2021 | 3.9% | -7.4% |
| 2022 | 3.1% | -19.6% |
| 2023 | 1.6% | -50.0% |
| 2024 | 1.7% | +8.3% |
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
- 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)
- Services, value added (constant LCU), per capita 27,532 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -0.4501 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.71 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9871 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 12,956 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.58 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4.23 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 55,507 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Malaysia?
- Current account balance as a share of gdp in Malaysia was 1.7% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Malaysia?
- The highest recorded value was 16.9% in 2008.
- What is the lowest current account balance as a share of gdp recorded in Malaysia?
- The lowest recorded value was 1.6% in 2023.
- How does Malaysia rank for current account balance as a share of gdp?
- Malaysia ranks 66th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Malaysia?
- Over the last ten years it is down 61.5%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).