ICT service exports in Malaysia
Malaysia: ICT service exports was 4.62 billion BoP, current US$ in 2024. ◆ Volatile
ICT service exports in Malaysia, 1999–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for ict service exports in Malaysia is 4.62 billion BoP, current US$, measured in 2024. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 14.7% on the previous year and up 67.5% over ten years.
Over the whole period, ict service exports in Malaysia peaked at 4.62 billion BoP, current US$ in 2024 and was at its lowest, 190.79 million BoP, current US$, in 1999.
That places Malaysia 37th out of 189 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Malaysia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1999 | 190.79 million BoP, current US$ | — |
| 2000 | 262.37 million BoP, current US$ | +37.5% |
| 2001 | 418.68 million BoP, current US$ | +59.6% |
| 2002 | 416.32 million BoP, current US$ | -0.6% |
| 2003 | 417.21 million BoP, current US$ | +0.2% |
| 2004 | 743.02 million BoP, current US$ | +78.1% |
| 2005 | 1.05 billion BoP, current US$ | +41.3% |
| 2006 | 1.13 billion BoP, current US$ | +7.2% |
| 2007 | 1.46 billion BoP, current US$ | +29.7% |
| 2008 | 1.63 billion BoP, current US$ | +11.5% |
| 2009 | 2.01 billion BoP, current US$ | +23.7% |
| 2010 | 2.13 billion BoP, current US$ | +5.7% |
| 2011 | 2.42 billion BoP, current US$ | +13.7% |
| 2012 | 2.92 billion BoP, current US$ | +20.8% |
| 2013 | 2.86 billion BoP, current US$ | -2.3% |
| 2014 | 2.76 billion BoP, current US$ | -3.4% |
| 2015 | 2.66 billion BoP, current US$ | -3.8% |
| 2016 | 2.58 billion BoP, current US$ | -3.0% |
| 2017 | 2.68 billion BoP, current US$ | +4.1% |
| 2018 | 2.83 billion BoP, current US$ | +5.7% |
| 2019 | 3.00 billion BoP, current US$ | +5.8% |
| 2020 | 3.18 billion BoP, current US$ | +6.1% |
| 2021 | 3.37 billion BoP, current US$ | +6.0% |
| 2022 | 3.65 billion BoP, current US$ | +8.2% |
| 2023 | 4.03 billion BoP, current US$ | +10.6% |
| 2024 | 4.62 billion BoP, current US$ | +14.7% |
Malaysia compared with similar countries
- Malaysia's 4.62 billion BoP, current US$ is above the median for upper middle income countries, which is 184.27 million BoP, current US$, 25.1× the median. (54 countries reporting)
- Malaysia's 4.62 billion BoP, current US$ is above the median for East Asia & Pacific, which is 26.86 million BoP, current US$, 172.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where ICT service exports in Malaysia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +78.1% | 417.21 million BoP, current US$ | 743.02 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 190.79 million BoP, current US$ | 190.79 million BoP, current US$ | 190.79 million BoP, current US$ | 1 |
| 2000s | 953.35 million BoP, current US$ | 262.37 million BoP, current US$ | 2.01 billion BoP, current US$ | 10 |
| 2010s | 2.68 billion BoP, current US$ | 2.13 billion BoP, current US$ | 3.00 billion BoP, current US$ | 10 |
| 2020s | 3.77 billion BoP, current US$ | 3.18 billion BoP, current US$ | 4.62 billion BoP, current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.04 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 366.69 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.59 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 96.92 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0369 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 438.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.09 % change on previous year (2025)
Frequently asked questions
- What is ict service exports in Malaysia?
- Ict service exports in Malaysia was 4.62 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Malaysia?
- The highest recorded value was 4.62 billion BoP, current US$ in 2024.
- What is the lowest ict service exports recorded in Malaysia?
- The lowest recorded value was 190.79 million BoP, current US$ in 1999.
- How does Malaysia rank for ict service exports?
- Malaysia ranks 37th out of 189 countries with data for 2024.
- Is ict service exports rising or falling in Malaysia?
- Over the last ten years it is up 67.5%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.