Service exports — all countries

Service exports — Malaysia

Service exports in Malaysia in 2024 — 53,402,361,578 US$. Ranked 33 in the world out of 165. Since 1974, the indicator has risen by 14,246.3%.

2024 53.4B US$ +25.15% vs 2023
World rank 33of 165
Period maximum 53.4B US$2024
Period minimum 372M US$1974

Trend over time

1974–2024 · US$

Service exports — Malaysia, 1974–2024020B40B60B197419791984198919941999200420092014201920241974: 372,237,301 US$1975: 409,811,526 US$1976: 398,178,295 US$1977: 491,207,162 US$1978: 627,795,269 US$1979: 790,059,898 US$1980: 1,135,109,063 US$1981: 1,315,466,826 US$1982: 1,579,178,368 US$1983: 1,851,157,782 US$1984: 1,932,462,656 US$1985: 1,934,321,145 US$1986: 1,981,450,933 US$1987: 2,272,548,375 US$1988: 2,378,967,332 US$1989: 2,870,230,511 US$1990: 3,858,958,362 US$1991: 4,374,439,408 US$1992: 4,989,041,042 US$1993: 6,411,573,776 US$1994: 9,319,972,513 US$1995: 11,601,561,915 US$1996: 15,135,481,037 US$1997: 15,727,332,241 US$1998: 11,516,738,334 US$1999: 12,093,368,421 US$2000: 14,045,894,737 US$2001: 14,571,315,789 US$2002: 14,918,421,053 US$2003: 13,640,342,105 US$2004: 17,311,228,947 US$2005: 19,749,687,611 US$2006: 21,080,904,111 US$2007: 29,075,806,055 US$2008: 30,751,381,927 US$2009: 28,291,461,584 US$2010: 34,676,139,483 US$2011: 38,842,713,816 US$2012: 40,581,121,799 US$2013: 42,100,106,118 US$2014: 42,056,108,582 US$2015: 34,937,198,258 US$2016: 35,600,533,128 US$2017: 37,115,785,947 US$2018: 40,230,526,274 US$2019: 41,088,650,981 US$2020: 22,155,193,218 US$2021: 21,245,983,014 US$2022: 31,942,077,455 US$2023: 42,671,310,829 US$2024: 53,402,361,578 US$
Change over the period: +53.03B (+14,246.32%) Average annual rate: 10.44 %

Comparison, 2024

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

Malaysia 53.4B US$
World 8.85T US$
South-Eastern Asia computed 647B US$
Upper-middle-income countries computed 980B US$
Service exports — Malaysia, by year Malaysia All countries CSV XLSX
Year US$ Change Change, %
2024 53.4B +10.73B +25.15%
2023 42.67B +10.73B +33.59%
2022 31.94B +10.7B +50.34%
2021 21.25B −909M −4.1%
2020 22.16B −18.93B −46.08%
2019 41.09B +858M +2.13%
2018 40.23B +3.11B +8.39%
2017 37.12B +1.52B +4.26%
2016 35.6B +663M +1.9%
2015 34.94B −7.12B −16.93%
2014 42.06B −44M −0.1%
2013 42.1B +1.52B +3.74%
2012 40.58B +1.74B +4.48%
2011 38.84B +4.17B +12.02%
2010 34.68B +6.38B +22.57%
2009 28.29B −2.46B −8%
2008 30.75B +1.68B +5.76%
2007 29.08B +7.99B +37.92%
2006 21.08B +1.33B +6.74%
2005 19.75B +2.44B +14.09%
2004 17.31B +3.67B +26.91%
2003 13.64B −1.28B −8.57%
2002 14.92B +347M +2.38%
2001 14.57B +525M +3.74%
2000 14.05B +1.95B +16.15%
1999 12.09B +577M +5.01%
1998 11.52B −4.21B −26.77%
1997 15.73B +592M +3.91%
1996 15.14B +3.53B +30.46%
1995 11.6B +2.28B +24.48%
1994 9.32B +2.91B +45.36%
1993 6.41B +1.42B +28.51%
1992 4.99B +615M +14.05%
1991 4.37B +515M +13.36%
1990 3.86B +989M +34.45%
1989 2.87B +491M +20.65%
1988 2.38B +106M +4.68%
1987 2.27B +291M +14.69%
1986 1.98B +47.13M +2.44%
1985 1.93B +1.86M +0.1%
1984 1.93B +81.3M +4.39%
1983 1.85B +272M +17.22%
1982 1.58B +264M +20.05%
1981 1.32B +180M +15.89%
1980 1.14B +345M +43.67%
1979 790M +162M +25.85%
1978 628M +137M +27.81%
1977 491M +93.03M +23.36%
1976 398M −11.63M −2.84%
1975 410M +37.57M +10.09%
1974 372M

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

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