Service exports (BoP, current US$), annual growth rate in Malaysia

Malaysia: Service exports (BoP, current US$), annual growth rate was 25.15 % change on previous year in 2024. ◆ Volatile

Latest (2024)
25.15 % change on previous year
Change on year
down 25.1%
World rank
24th
of 199 countries
All-time high
50.34 % change on previous year
in 2022
All-time low
-46.08 % change on previous year
in 2020
Years of data
50
1975–2024

Service exports (BoP, current US$), annual growth rate in Malaysia, 1975–2024

-40-200204060197519992024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for service exports (bop, current us$), annual growth rate in Malaysia is 25.15 % change on previous year, measured in 2024.

The figure is down 25.1% on the previous year and up 24,162.4% over ten years.

Over the whole period, service exports (bop, current us$), annual growth rate in Malaysia peaked at 50.34 % change on previous year in 2022 and was at its lowest, -46.08 % change on previous year, in 2020.

That places Malaysia 24th out of 199 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.

Service exports (BoP, current US$), annual growth rate in Malaysia, year by year

Annual values for Service exports (BoP, current US$), annual growth rate in Malaysia, 1975 to 2024.
Year % change on previous year Change
1975 10.09 % change on previous year
1976 -2.84 % change on previous year -128.1%
1977 23.36 % change on previous year -923.0%
1978 27.81 % change on previous year +19.0%
1979 25.85 % change on previous year -7.0%
1980 43.67 % change on previous year +69.0%
1981 15.89 % change on previous year -63.6%
1982 20.05 % change on previous year +26.2%
1983 17.22 % change on previous year -14.1%
1984 4.39 % change on previous year -74.5%
1985 0.0963 % change on previous year -97.8%
1986 2.44 % change on previous year +2431.4%
1987 14.69 % change on previous year +503.0%
1988 4.68 % change on previous year -68.1%
1989 20.65 % change on previous year +341.0%
1990 34.45 % change on previous year +66.8%
1991 13.36 % change on previous year -61.2%
1992 14.05 % change on previous year +5.2%
1993 28.51 % change on previous year +102.9%
1994 45.36 % change on previous year +59.1%
1995 24.48 % change on previous year -46.0%
1996 30.46 % change on previous year +24.4%
1997 3.91 % change on previous year -87.2%
1998 -26.77 % change on previous year -784.7%
1999 5.01 % change on previous year -118.7%
2000 16.15 % change on previous year +222.4%
2001 3.74 % change on previous year -76.8%
2002 2.38 % change on previous year -36.3%
2003 -8.57 % change on previous year -459.7%
2004 26.91 % change on previous year -414.1%
2005 14.09 % change on previous year -47.7%
2006 6.74 % change on previous year -52.1%
2007 37.92 % change on previous year +462.7%
2008 5.76 % change on previous year -84.8%
2009 -8 % change on previous year -238.8%
2010 22.57 % change on previous year -382.1%
2011 12.02 % change on previous year -46.8%
2012 4.48 % change on previous year -62.8%
2013 3.74 % change on previous year -16.4%
2014 -0.1045 % change on previous year -102.8%
2015 -16.93 % change on previous year +16096.3%
2016 1.9 % change on previous year -111.2%
2017 4.26 % change on previous year +124.2%
2018 8.39 % change on previous year +97.2%
2019 2.13 % change on previous year -74.6%
2020 -46.08 % change on previous year -2260.1%
2021 -4.1 % change on previous year -91.1%
2022 50.34 % change on previous year -1326.8%
2023 33.59 % change on previous year -33.3%
2024 25.15 % change on previous year -25.1%

Malaysia compared with similar countries

  • Malaysia's 25.15 % change on previous year is above the median for upper middle income countries, which is 8.86 % change on previous year, 2.8× the median. (57 countries reporting)
  • Malaysia's 25.15 % change on previous year is above the median for East Asia & Pacific, which is 10.87 % change on previous year, 2.3× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Service exports (BoP, current US$), annual growth rate 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.

YearChange FromTo
2015 -16096.3% -0.1045 % change on previous year -16.93 % change on previous year
1986 +2431.4% 0.0963 % change on previous year 2.44 % change on previous year
2020 -2260.1% 2.13 % change on previous year -46.08 % change on previous year
2022 +1326.8% -4.1 % change on previous year 50.34 % change on previous year
1977 +923.0% -2.84 % change on previous year 23.36 % change on previous year
1998 -784.7% 3.91 % change on previous year -26.77 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.85 % change on previous year -2.84 % change on previous year 27.81 % change on previous year 5
1980s 14.38 % change on previous year 0.0963 % change on previous year 43.67 % change on previous year 10
1990s 17.28 % change on previous year -26.77 % change on previous year 45.36 % change on previous year 10
2000s 9.71 % change on previous year -8.57 % change on previous year 37.92 % change on previous year 10
2010s 4.24 % change on previous year -16.93 % change on previous year 22.57 % change on previous year 10
2020s 11.78 % change on previous year -46.08 % change on previous year 50.34 % change on previous year 5

Countries ranked near Malaysia

  1. 21 Eritrea 28.08 % change on previous year compare
  2. 22 Sri Lanka 27.58 % change on previous year compare
  3. 23 Paraguay 26.97 % change on previous year compare
  4. 25 Gambia 23.65 % change on previous year compare
  5. 26 Vietnam 23.46 % change on previous year compare
  6. 27 Kiribati 23.32 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Malaysia

All data for Malaysia →

Frequently asked questions

What is service exports (bop, current us$), annual growth rate in Malaysia?
Service exports (bop, current us$), annual growth rate in Malaysia was 25.15 % change on previous year in 2024, according to Statizoid (derived).
What is the highest service exports (bop, current us$), annual growth rate recorded in Malaysia?
The highest recorded value was 50.34 % change on previous year in 2022.
What is the lowest service exports (bop, current us$), annual growth rate recorded in Malaysia?
The lowest recorded value was -46.08 % change on previous year in 2020.
How does Malaysia rank for service exports (bop, current us$), annual growth rate?
Malaysia ranks 24th out of 199 countries with data for 2024.
Is service exports (bop, current us$), annual growth rate rising or falling in Malaysia?
Over the last ten years it is up 24,162.4%. The long-run trend across the full record is volatile.
Where does this Malaysia data come from?
The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Service exports (BoP, current US$), annual growth rate in Malaysia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/service-exports-bop-current-us-annual-growth-rate/malaysia/

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How this figure is calculated

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Service exports (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 9,476 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.