Remittances received — all countries

Remittances received — Malaysia

Remittances received in Malaysia in 2024 — 1,605,279,752 US$. Ranked 71 in the world out of 160. Since 1975, the indicator has risen by 38,326.9%.

2024 1.61B US$ −5.82% vs 2023
World rank 71of 160
Period maximum 1.7B US$2023
Period minimum 3.93M US$1976

Trend over time

1975–2024 · US$

Remittances received — Malaysia, 1975–20240500M1B1.5B2B197519801985199019952000200520102015202020241975: 4,177,487 US$1976: 3,934,568 US$1977: 4,062,921 US$1978: 4,317,712 US$1979: 4,569,461 US$1987: 48,816,528 US$1988: 99,664,604 US$1989: 138,804,718 US$1990: 185,221,130 US$1991: 130,178,665 US$1992: 153,098,282 US$1993: 175,595,688 US$1994: 119,271,874 US$1995: 115,796,006 US$1996: 164,153,195 US$1997: 194,441,071 US$1998: 189,584,329 US$1999: 322,894,737 US$2000: 342,368,421 US$2001: 367,105,263 US$2002: 435,000,000 US$2003: 571,052,632 US$2004: 801,868,421 US$2005: 1,116,972,560 US$2006: 1,365,476,253 US$2007: 1,556,236,305 US$2008: 1,329,070,850 US$2009: 1,130,872,358 US$2010: 1,102,925,378 US$2011: 1,211,496,096 US$2012: 1,293,805,738 US$2013: 1,423,370,252 US$2014: 1,579,517,557 US$2015: 1,643,720,838 US$2016: 1,603,918,551 US$2017: 1,648,944,928 US$2018: 1,685,578,502 US$2019: 1,597,353,742 US$2020: 1,426,684,075 US$2021: 1,552,334,623 US$2022: 1,617,714,310 US$2023: 1,704,437,564 US$2024: 1,605,279,752 US$
Change over the period: +1.6B (+38,326.92%) Average annual rate: 12.91 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Malaysia

Malaysia 1.61B US$
World 857B US$
South-Eastern Asia computed 70.67B US$
Upper-middle-income countries computed 221B US$
Remittances received — Malaysia, by year Malaysia All countries CSV XLSX
Year US$ Change Change, %
2024 1.61B −99.16M −5.82%
2023 1.7B +86.72M +5.36%
2022 1.62B +65.38M +4.21%
2021 1.55B +126M +8.81%
2020 1.43B −171M −10.68%
2019 1.6B −88.22M −5.23%
2018 1.69B +36.63M +2.22%
2017 1.65B +45.03M +2.81%
2016 1.6B −39.8M −2.42%
2015 1.64B +64.2M +4.06%
2014 1.58B +156M +10.97%
2013 1.42B +130M +10.01%
2012 1.29B +82.31M +6.79%
2011 1.21B +109M +9.84%
2010 1.1B −27.95M −2.47%
2009 1.13B −198M −14.91%
2008 1.33B −227M −14.6%
2007 1.56B +191M +13.97%
2006 1.37B +249M +22.25%
2005 1.12B +315M +39.3%
2004 802M +231M +40.42%
2003 571M +136M +31.28%
2002 435M +67.89M +18.49%
2001 367M +24.74M +7.23%
2000 342M +19.47M +6.03%
1999 323M +133M +70.32%
1998 190M −4.86M −2.5%
1997 194M +30.29M +18.45%
1996 164M +48.36M +41.76%
1995 116M −3.48M −2.91%
1994 119M −56.32M −32.08%
1993 176M +22.5M +14.69%
1992 153M +22.92M +17.61%
1991 130M −55.04M −29.72%
1990 185M +46.42M +33.44%
1989 139M +39.14M +39.27%
1988 99.66M +50.85M +104.16%
1987 48.82M
1979 4.57M +251,750 +5.83%
1978 4.32M +254,791 +6.27%
1977 4.06M +128,353 +3.26%
1976 3.93M −242,919 −5.81%
1975 4.18M

South-Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.