Volume of remittances (in United States dollars) as a proportion of in Malaysia
Malaysia: Volume of remittances (in United States dollars) as a proportion of was 0.4% in 2024. ▼ Falling
Latest (2024)
0.4%
Change on year
down 10.8%
World rank
164th
of 203 countries
All-time high
0.8%
in 2006
All-time low
0.4%
in 2000
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Malaysia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Malaysia recorded 0.4% for volume of remittances (in united states dollars) as a proportion of in 2024.
That represents a change of down 10.8% on the previous year and down 18.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Malaysia peaked at 0.8% in 2006 and was at its lowest, 0.4%, in 2000.
Malaysia ranks 164th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Malaysia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.4% | — |
| 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% |
Malaysia compared with similar countries
- Malaysia's 0.4% is below the median for upper middle income countries, which is 3.6%, 10% of the median. (53 countries reporting)
- Malaysia's 0.4% is below the median for East Asia & Pacific, which is 3.8%, 10% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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
- 161 Republic of Korea 0.4% compare
- 161 South Korea 0.4% compare
- 163 Switzerland 0.4% compare
- 165 Spain 0.4% compare
- 166 Denmark 0.4% compare
- 167 Congo 0.3% 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)
- 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 volume of remittances (in united states dollars) as a proportion of in Malaysia?
- Volume of remittances (in united states dollars) as a proportion of in Malaysia was 0.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Malaysia?
- The highest recorded value was 0.8% in 2006.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Malaysia?
- The lowest recorded value was 0.4% in 2000.
- How does Malaysia rank for volume of remittances (in united states dollars) as a proportion of?
- Malaysia ranks 164th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Malaysia?
- Over the last ten years it is down 18.6%. The long-run trend across the full record is falling.
- Where does this Malaysia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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