Personal remittances, received in Malaysia
Malaysia: Personal remittances, received was 0.4% in 2024. ◆ Volatile
Personal remittances, received in Malaysia, 1975–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2024, personal remittances, received in Malaysia stood at 0.4%.
The figure is down 10.8% on the previous year and down 18.6% over ten years.
Over the whole period, personal remittances, received in Malaysia peaked at 0.8% in 2006 and was at its lowest, 0.0%, in 1979.
Malaysia ranks 154th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Malaysia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 0.0% | — |
| 1976 | 0.0% | -20.7% |
| 1977 | 0.0% | -13.2% |
| 1978 | 0.0% | -14.6% |
| 1979 | 0.0% | -18.4% |
| 1987 | 0.2% | +604.2% |
| 1988 | 0.3% | +86.3% |
| 1989 | 0.4% | +26.5% |
| 1990 | 0.4% | +17.7% |
| 1991 | 0.3% | -37.0% |
| 1992 | 0.3% | -2.3% |
| 1993 | 0.3% | +1.4% |
| 1994 | 0.2% | -39.0% |
| 1995 | 0.1% | -18.5% |
| 1996 | 0.2% | +24.7% |
| 1997 | 0.2% | +19.5% |
| 1998 | 0.3% | +35.1% |
| 1999 | 0.4% | +55.3% |
| 2000 | 0.4% | -10.5% |
| 2001 | 0.4% | +8.4% |
| 2002 | 0.4% | +9.0% |
| 2003 | 0.5% | +20.1% |
| 2004 | 0.6% | +24.0% |
| 2005 | 0.8% | +21.1% |
| 2006 | 0.8% | +7.9% |
| 2007 | 0.8% | -4.2% |
| 2008 | 0.6% | -28.4% |
| 2009 | 0.6% | -2.9% |
| 2010 | 0.4% | -22.6% |
| 2011 | 0.4% | -6.0% |
| 2012 | 0.4% | +1.2% |
| 2013 | 0.4% | +7.0% |
| 2014 | 0.5% | +6.1% |
| 2015 | 0.5% | +16.7% |
| 2016 | 0.5% | -2.4% |
| 2017 | 0.5% | -2.9% |
| 2018 | 0.5% | -9.1% |
| 2019 | 0.4% | -6.9% |
| 2020 | 0.4% | -3.3% |
| 2021 | 0.4% | -1.8% |
| 2022 | 0.4% | -4.5% |
| 2023 | 0.4% | +7.4% |
| 2024 | 0.4% | -10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 5 |
| 1980s | 0.3% | 0.2% | 0.4% | 3 |
| 1990s | 0.3% | 0.1% | 0.4% | 10 |
| 2000s | 0.6% | 0.4% | 0.8% | 10 |
| 2010s | 0.5% | 0.4% | 0.5% | 10 |
| 2020s | 0.4% | 0.4% | 0.4% | 5 |
Countries ranked near Malaysia
- 151 Germany 0.5% compare
- 152 Bahamas 0.4% compare
- 153 Netherlands 0.4% compare
- 155 Republic of Korea 0.4% compare
- 156 Switzerland 0.4% compare
- 157 Spain 0.4% compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.56 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5978 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 7,845 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 16.45 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 9.02 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.82 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.352 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4,620 current LCU per person (2025)
Frequently asked questions
- What is personal remittances, received in Malaysia?
- Personal remittances, received in Malaysia was 0.4% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Malaysia?
- The highest recorded value was 0.8% in 2006.
- What is the lowest personal remittances, received recorded in Malaysia?
- The lowest recorded value was 0.0% in 1979.
- How does Malaysia rank for personal remittances, received?
- Malaysia ranks 154th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Malaysia?
- Over the last ten years it is down 18.6%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.