Gross savings in Malaysia

Malaysia: Gross savings was 451.73 billion current LCU in 2024. ◆ Volatile

Latest (2024)
451.73 billion current LCU
Change on year
up 3.8%
World rank
78th
of 177 countries
All-time high
480.69 billion current LCU
in 2022
All-time low
4.53 billion current LCU
in 1975
Years of data
51
1974–2024

Gross savings in Malaysia, 1974–2024

0100.0B200.0B300.0B400.0B500.0B197419992024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

In 2024, gross savings in Malaysia stood at 451.73 billion current LCU.

Compared with earlier readings it is up 3.8% on the previous year and up 39.0% over ten years.

Over the whole period, gross savings in Malaysia peaked at 480.69 billion current LCU in 2022 and was at its lowest, 4.53 billion current LCU, in 1975.

That places Malaysia 78th out of 177 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.77 billion current LCU 4.53 billion current LCU 15.48 billion current LCU 6
1980s 21.14 billion current LCU 14.54 billion current LCU 32.29 billion current LCU 10
1990s 75.37 billion current LCU 36.18 billion current LCU 115.21 billion current LCU 10
2000s 190.37 billion current LCU 113.71 billion current LCU 296.57 billion current LCU 10
2010s 333.79 billion current LCU 274.90 billion current LCU 388.86 billion current LCU 10
2020s 421.66 billion current LCU 337.90 billion current LCU 480.69 billion current LCU 5

Countries ranked near Malaysia

  1. 75 United Kingdom 522.24 billion current LCU compare
  2. 76 Morocco 501.05 billion current LCU compare
  3. 77 Qatar 492.66 billion current LCU compare
  4. 79 Syria 449.03 billion current LCU compare
  5. 80 Haiti 430.50 billion current LCU compare
  6. 81 Spain 410.39 billion current LCU compare

See the full ranking of 177 places →

More economy & growth data for Malaysia

All data for Malaysia →

Frequently asked questions

What is gross savings in Malaysia?
Gross savings in Malaysia was 451.73 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross savings recorded in Malaysia?
The highest recorded value was 480.69 billion current LCU in 2022.
What is the lowest gross savings recorded in Malaysia?
The lowest recorded value was 4.53 billion current LCU in 1975.
How does Malaysia rank for gross savings?
Malaysia ranks 78th out of 177 countries with data for 2024.
Is gross savings rising or falling in Malaysia?
Over the last ten years it is up 39.0%. The long-run trend across the full record is volatile.
Where does this Malaysia data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.