Service imports in Malaysia

Malaysia: Service imports was 56.37 billion BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
56.37 billion BoP, current US$
Change on year
up 8.0%
World rank
31st
of 199 countries
All-time high
56.37 billion BoP, current US$
in 2024
All-time low
698.36 million BoP, current US$
in 1974
Years of data
51
1974–2024

Service imports in Malaysia, 1974–2024

020.0B40.0B60.0B197419992024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

The most recent figure for service imports in Malaysia is 56.37 billion BoP, current US$, measured in 2024. That is the highest value across all 51 years on record.

Compared with earlier readings it is up 8.0% on the previous year and up 24.4% over ten years.

Over the whole period, service imports in Malaysia peaked at 56.37 billion BoP, current US$ in 2024 and was at its lowest, 698.36 million BoP, current US$, in 1974.

Malaysia ranks 31st 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

DecadeAverage LowestHighest Years
1970s 1.15 billion BoP, current US$ 698.36 million BoP, current US$ 2.11 billion BoP, current US$ 6
1980s 3.74 billion BoP, current US$ 2.86 billion BoP, current US$ 4.79 billion BoP, current US$ 10
1990s 11.97 billion BoP, current US$ 5.48 billion BoP, current US$ 18.30 billion BoP, current US$ 10
2000s 21.87 billion BoP, current US$ 16.45 billion BoP, current US$ 30.27 billion BoP, current US$ 10
2010s 41.59 billion BoP, current US$ 32.64 billion BoP, current US$ 45.32 billion BoP, current US$ 10
2020s 44.85 billion BoP, current US$ 33.38 billion BoP, current US$ 56.37 billion BoP, current US$ 5

Countries ranked near Malaysia

  1. 28 Mexico 75.42 billion BoP, current US$ compare
  2. 29 Norway 73.87 billion BoP, current US$ compare
  3. 30 Indonesia 62.99 billion BoP, current US$ compare
  4. 32 Turkey 55.82 billion BoP, current US$ compare
  5. 33 Israel 53.17 billion BoP, current US$ compare
  6. 34 Finland 48.94 billion BoP, current US$ compare

See the full ranking of 246 places →

More economy & growth data for Malaysia

All data for Malaysia →

Frequently asked questions

What is service imports in Malaysia?
Service imports in Malaysia was 56.37 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 imports recorded in Malaysia?
The highest recorded value was 56.37 billion BoP, current US$ in 2024.
What is the lowest service imports recorded in Malaysia?
The lowest recorded value was 698.36 million BoP, current US$ in 1974.
How does Malaysia rank for service imports?
Malaysia ranks 31st out of 199 countries with data for 2024.
Is service imports rising or falling in Malaysia?
Over the last ten years it is up 24.4%. 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 imports (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

Indicator
Service imports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,773 data points, 1960–2025
Last refreshed

Imports of services are services provided by non-residents to 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.