Service imports — all countries

Service imports — Malaysia

Service imports in Malaysia in 2024 — 56,370,777,860 US$. Ranked 32 in the world out of 165. Since 1974, the indicator has risen by 7,971.9%.

2024 56.37B US$ +8% vs 2023
World rank 32of 165
Period maximum 56.37B US$2024
Period minimum 698M US$1974

Trend over time

1974–2024 · US$

Service imports — Malaysia, 1974–2024020B40B60B197419791984198919941999200420092014201920241974: 698,360,384 US$1975: 848,447,715 US$1976: 832,161,160 US$1977: 1,050,265,106 US$1978: 1,358,783,845 US$1979: 2,107,892,603 US$1980: 2,956,520,409 US$1981: 2,855,747,845 US$1982: 3,269,258,905 US$1983: 3,964,243,405 US$1984: 4,254,063,300 US$1985: 3,926,635,679 US$1986: 3,575,134,050 US$1987: 3,594,563,505 US$1988: 4,205,387,998 US$1989: 4,791,716,016 US$1990: 5,484,541,800 US$1991: 6,564,204,504 US$1992: 7,335,762,842 US$1993: 9,515,965,805 US$1994: 12,052,174,775 US$1995: 14,980,808,808 US$1996: 17,572,738,646 US$1997: 18,296,655,934 US$1998: 13,126,676,222 US$1999: 14,735,263,158 US$2000: 16,747,421,053 US$2001: 16,656,578,947 US$2002: 16,447,842,105 US$2003: 17,531,710,526 US$2004: 19,268,607,895 US$2005: 21,955,728,606 US$2006: 23,651,024,056 US$2007: 28,668,366,316 US$2008: 30,269,789,906 US$2009: 27,471,538,281 US$2010: 32,644,635,837 US$2011: 38,344,535,724 US$2012: 43,348,518,287 US$2013: 45,137,192,445 US$2014: 45,319,650,864 US$2015: 40,169,379,566 US$2016: 40,144,714,580 US$2017: 42,443,489,288 US$2018: 44,601,873,163 US$2019: 43,710,611,539 US$2020: 33,380,568,102 US$2021: 37,079,568,385 US$2022: 45,244,981,916 US$2023: 52,196,494,026 US$2024: 56,370,777,860 US$
Change over the period: +55.67B (+7,971.88%) Average annual rate: 9.18 %

Comparison, 2024

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

Malaysia 56.37B US$
World 8.1T US$
South-Eastern Asia computed 632B US$
Upper-middle-income countries computed 1.25T US$
Service imports — Malaysia, by year Malaysia All countries CSV XLSX
Year US$ Change Change, %
2024 56.37B +4.17B +8%
2023 52.2B +6.95B +15.36%
2022 45.24B +8.17B +22.02%
2021 37.08B +3.7B +11.08%
2020 33.38B −10.33B −23.63%
2019 43.71B −891M −2%
2018 44.6B +2.16B +5.09%
2017 42.44B +2.3B +5.73%
2016 40.14B −24.66M −0.06%
2015 40.17B −5.15B −11.36%
2014 45.32B +182M +0.4%
2013 45.14B +1.79B +4.13%
2012 43.35B +5B +13.05%
2011 38.34B +5.7B +17.46%
2010 32.64B +5.17B +18.83%
2009 27.47B −2.8B −9.24%
2008 30.27B +1.6B +5.59%
2007 28.67B +5.02B +21.21%
2006 23.65B +1.7B +7.72%
2005 21.96B +2.69B +13.95%
2004 19.27B +1.74B +9.91%
2003 17.53B +1.08B +6.59%
2002 16.45B −209M −1.25%
2001 16.66B −90.84M −0.54%
2000 16.75B +2.01B +13.66%
1999 14.74B +1.61B +12.25%
1998 13.13B −5.17B −28.26%
1997 18.3B +724M +4.12%
1996 17.57B +2.59B +17.3%
1995 14.98B +2.93B +24.3%
1994 12.05B +2.54B +26.65%
1993 9.52B +2.18B +29.72%
1992 7.34B +772M +11.75%
1991 6.56B +1.08B +19.69%
1990 5.48B +693M +14.46%
1989 4.79B +586M +13.94%
1988 4.21B +611M +16.99%
1987 3.59B +19.43M +0.54%
1986 3.58B −352M −8.95%
1985 3.93B −327M −7.7%
1984 4.25B +290M +7.31%
1983 3.96B +695M +21.26%
1982 3.27B +414M +14.48%
1981 2.86B −101M −3.41%
1980 2.96B +849M +40.26%
1979 2.11B +749M +55.13%
1978 1.36B +309M +29.38%
1977 1.05B +218M +26.21%
1976 832M −16.29M −1.92%
1975 848M +150M +21.49%
1974 698M

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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