Travel services in Malaysia
Malaysia: Travel services was 39.3% in 2024. ▲ Rising
Travel services in Malaysia, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Malaysia is 39.3%, measured in 2024.
Compared with earlier readings it is up 12.8% on the previous year and down 26.9% over ten years.
Over the whole period, travel services in Malaysia peaked at 55.8% in 2009 and was at its lowest, 0.4%, in 2021.
That places Malaysia 91st out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Travel services in Malaysia, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1974 | 38.5% | — |
| 1975 | 35.1% | -8.9% |
| 1976 | 34.4% | -1.9% |
| 1977 | 33.5% | -2.6% |
| 1978 | 31.2% | -7.0% |
| 1979 | 30.1% | -3.5% |
| 1980 | 28.0% | -7.0% |
| 1981 | 29.4% | +5.1% |
| 1982 | 32.8% | +11.5% |
| 1983 | 30.9% | -5.9% |
| 1984 | 31.5% | +2.0% |
| 1985 | 32.1% | +2.2% |
| 1986 | 32.7% | +1.7% |
| 1987 | 31.4% | -3.9% |
| 1988 | 32.4% | +3.1% |
| 1989 | 36.1% | +11.6% |
| 1990 | 43.6% | +20.9% |
| 1991 | 40.8% | -6.6% |
| 1992 | 40.6% | -0.3% |
| 1993 | 34.2% | -16.0% |
| 1994 | 36.1% | +5.7% |
| 1995 | 34.2% | -5.3% |
| 1996 | 29.6% | -13.5% |
| 1997 | 23.8% | -19.6% |
| 1998 | 20.7% | -13.1% |
| 1999 | 29.7% | +43.5% |
| 2000 | 35.7% | +20.3% |
| 2001 | 47.1% | +32.0% |
| 2002 | 47.7% | +1.3% |
| 2003 | 43.3% | -9.3% |
| 2004 | 47.4% | +9.5% |
| 2005 | 44.8% | -5.5% |
| 2006 | 49.5% | +10.4% |
| 2007 | 48.3% | -2.3% |
| 2008 | 49.7% | +2.9% |
| 2009 | 55.8% | +12.3% |
| 2010 | 52.3% | -6.3% |
| 2011 | 50.6% | -3.4% |
| 2012 | 49.9% | -1.4% |
| 2013 | 51.1% | +2.3% |
| 2014 | 53.7% | +5.2% |
| 2015 | 50.6% | -5.9% |
| 2016 | 50.8% | +0.5% |
| 2017 | 49.5% | -2.5% |
| 2018 | 48.7% | -1.6% |
| 2019 | 48.3% | -1.0% |
| 2020 | 13.5% | -72.0% |
| 2021 | 0.4% | -97.3% |
| 2022 | 20.0% | +5367.3% |
| 2023 | 34.8% | +74.2% |
| 2024 | 39.3% | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.8% | 30.1% | 38.5% | 6 |
| 1980s | 31.7% | 28.0% | 36.1% | 10 |
| 1990s | 33.3% | 20.7% | 43.6% | 10 |
| 2000s | 46.9% | 35.7% | 55.8% | 10 |
| 2010s | 50.6% | 48.3% | 53.7% | 10 |
| 2020s | 21.6% | 0.4% | 39.3% | 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 travel services in Malaysia?
- Travel services in Malaysia was 39.3% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Malaysia?
- The highest recorded value was 55.8% in 2009.
- What is the lowest travel services recorded in Malaysia?
- The lowest recorded value was 0.4% in 2021.
- How does Malaysia rank for travel services?
- Malaysia ranks 91st out of 198 countries with data for 2024.
- Is travel services rising or falling in Malaysia?
- Over the last ten years it is down 26.9%. 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 Travel services (% of service exports, BoP). 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
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.