Personal remittances, paid in Malaysia
Malaysia: Personal remittances, paid was 10.84 billion current US$ in 2024. ◆ Volatile
Personal remittances, paid in Malaysia, 1974–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Malaysia recorded 10.84 billion current US$ for personal remittances, paid in 2024.
That represents a change of up 12.4% on the previous year and up 6.4% over ten years.
Over the whole period, personal remittances, paid in Malaysia peaked at 11.40 billion current US$ in 2019 and was at its lowest, 4.57 million current US$, in 1974.
That places Malaysia 19th out of 195 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.57 million current US$ | 4.57 million current US$ | 19.43 million current US$ | 6 |
| 1980s | 61.15 million current US$ | 12.89 million current US$ | 183.84 million current US$ | 10 |
| 1990s | 907.55 million current US$ | 105.55 million current US$ | 2.92 billion current US$ | 10 |
| 2000s | 4.46 billion current US$ | 598.95 million current US$ | 6.79 billion current US$ | 10 |
| 2010s | 9.85 billion current US$ | 8.63 billion current US$ | 11.40 billion current US$ | 10 |
| 2020s | 9.46 billion current US$ | 8.63 billion current US$ | 10.84 billion current US$ | 5 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- Exports of goods and services 335.11 billion current US$ (2025)
- Final consumption expenditure 74.0% (2025)
- Industry (including construction), value added 4.5% (2025)
- Gross national expenditure 446.04 billion current US$ (2025)
- Gross national expenditure 1.91 trillion current LCU (2025)
- Gross national expenditure 429.96 billion constant 2015 US$ (2025)
- Industry (including construction), value added 157.92 billion constant 2015 US$ (2025)
- Gross national expenditure 94.5% (2025)
- Exports of goods and services 71.0% (2025)
- Industry (including construction), value added 721.58 billion current LCU (2025)
Frequently asked questions
- What is personal remittances, paid in Malaysia?
- Personal remittances, paid in Malaysia was 10.84 billion current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Malaysia?
- The highest recorded value was 11.40 billion current US$ in 2019.
- What is the lowest personal remittances, paid recorded in Malaysia?
- The lowest recorded value was 4.57 million current US$ in 1974.
- How does Malaysia rank for personal remittances, paid?
- Malaysia ranks 19th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Malaysia?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). 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. Data are in current U.S. dollars.