ICT service exports in Malaysia
Malaysia: ICT service exports was 8.7% in 2024. ▲ Rising
ICT service exports in Malaysia, 1999–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2024, ict service exports in Malaysia stood at 8.7%.
The figure is down 8.4% on the previous year and up 31.9% over ten years.
Over the whole period, ict service exports in Malaysia peaked at 15.9% in 2021 and was at its lowest, 1.6%, in 1999.
That places Malaysia 73rd out of 189 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
ICT service exports in Malaysia, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1999 | 1.6% | — |
| 2000 | 1.9% | +18.4% |
| 2001 | 2.9% | +53.8% |
| 2002 | 2.8% | -2.9% |
| 2003 | 3.1% | +9.6% |
| 2004 | 4.3% | +40.3% |
| 2005 | 5.3% | +23.9% |
| 2006 | 5.3% | +0.4% |
| 2007 | 5.0% | -6.0% |
| 2008 | 5.3% | +5.5% |
| 2009 | 7.1% | +34.5% |
| 2010 | 6.1% | -13.7% |
| 2011 | 6.2% | +1.5% |
| 2012 | 7.2% | +15.6% |
| 2013 | 6.8% | -5.8% |
| 2014 | 6.6% | -3.3% |
| 2015 | 7.6% | +15.8% |
| 2016 | 7.2% | -4.8% |
| 2017 | 7.2% | -0.2% |
| 2018 | 7.0% | -2.5% |
| 2019 | 7.3% | +3.6% |
| 2020 | 14.3% | +96.7% |
| 2021 | 15.9% | +10.6% |
| 2022 | 11.4% | -28.0% |
| 2023 | 9.4% | -17.2% |
| 2024 | 8.7% | -8.4% |
Malaysia compared with similar countries
- Malaysia's 8.7% is above the median for upper middle income countries, which is 4.8%, 1.8× the median. (54 countries reporting)
- Malaysia's 8.7% is above the median for East Asia & Pacific, which is 3.5%, 2.5× 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 |
|---|---|---|---|
| 2020 | +96.7% | 7.3% | 14.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 1.6% | 1.6% | 1 |
| 2000s | 4.3% | 1.9% | 7.1% | 10 |
| 2010s | 6.9% | 6.1% | 7.6% | 10 |
| 2020s | 11.9% | 8.7% | 15.9% | 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 8.7% 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 15.9% in 2021.
- What is the lowest ict service exports recorded in Malaysia?
- The lowest recorded value was 1.6% in 1999.
- How does Malaysia rank for ict service exports?
- Malaysia ranks 73rd 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 31.9%. The long-run trend across the full record is rising.
- 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 (% of service exports, BoP). Statizoid updates them automatically from the source API.
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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).