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$, in 1974.
Malaysia ranks 33rd of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 514.88 million BoP, current US$ | 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
- 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 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 199 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.
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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.