Service exports in Malaysia
Malaysia: Service exports was 53.40 billion BoP, current US$ in 2024. ◆ Volatile
Service exports in Malaysia, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Malaysia stood at 53.40 billion BoP, current US$. That is the highest value across all 51 years on record.
That represents a change of up 25.1% on the previous year and up 27.0% over ten years.
Over the whole period, service exports in Malaysia peaked at 53.40 billion BoP, current US$ in 2024 and was at its lowest, 372.24 million BoP, current US$, in 1974.
Malaysia ranks 33rd of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 514.88 million BoP, current US$ | 372.24 million BoP, current US$ | 790.06 million BoP, current US$ | 6 |
| 1980s | 1.93 billion BoP, current US$ | 1.14 billion BoP, current US$ | 2.87 billion BoP, current US$ | 10 |
| 1990s | 9.50 billion BoP, current US$ | 3.86 billion BoP, current US$ | 15.73 billion BoP, current US$ | 10 |
| 2000s | 20.34 billion BoP, current US$ | 13.64 billion BoP, current US$ | 30.75 billion BoP, current US$ | 10 |
| 2010s | 38.72 billion BoP, current US$ | 34.68 billion BoP, current US$ | 42.10 billion BoP, current US$ | 10 |
| 2020s | 34.28 billion BoP, current US$ | 21.25 billion BoP, current US$ | 53.40 billion BoP, current US$ | 5 |
Countries ranked near Malaysia
- 30 Portugal 62.69 billion BoP, current US$ compare
- 31 Greece 55.79 billion BoP, current US$ compare
- 32 Brazil 54.42 billion BoP, current US$ compare
- 34 Philippines 51.49 billion BoP, current US$ compare
- 35 Romania 50.06 billion BoP, current US$ compare
- 36 Czechia 47.54 billion BoP, current US$ compare
More economy & growth data for Malaysia
- External balance on goods and services as a percent of gdp 5.54 (2025)
- Inflation of consumer prices 1.38 (2025)
- Gdp per capita worldbank constant usd 12,352 (2025)
- Manufacturing value added to gdp 22.1 (2025)
- Gdp worldbank constant usd 444.41 billion (2025)
- Gdp per capita in international and market dollars 12,352 (2025)
- DEC alternative conversion factor 4.28 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.77 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -2.51 billion current US$ (2025)
- Taxes less subsidies on products 26.06 billion current LCU (2025)
Frequently asked questions
- What is service exports in Malaysia?
- Service exports in Malaysia was 53.40 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Malaysia?
- The highest recorded value was 53.40 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Malaysia?
- The lowest recorded value was 372.24 million BoP, current US$ in 1974.
- How does Malaysia rank for service exports?
- Malaysia ranks 33rd out of 198 countries with data for 2024.
- Is service exports rising or falling in Malaysia?
- Over the last ten years it is up 27.0%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.