Account in Malaysia

Malaysia: Account was 88.7% in 2024. ▲ Rising

Latest (2024)
88.7%
Change on year
up 0.4%
World rank
39th
of 118 countries
All-time high
88.7%
in 2024
All-time low
66.2%
in 2011
Years of data
5
2011–2024

Account in Malaysia, 2011–2024

0204060802011201720242011: 66.2 % age 15+2014: 80.7 % age 15+2017: 85.3 % age 15+2021: 88.4 % age 15+2024: 88.7 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for account in Malaysia is 88.7%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 0.4% on the previous year and up 9.9% over ten years.

Over the whole period, account in Malaysia peaked at 88.7% in 2024 and was at its lowest, 66.2%, in 2011.

That places Malaysia 39th out of 118 countries with data for 2024, putting it in the middle of the range.

Account in Malaysia, year by year

Annual values for Account (% age 15+) in Malaysia, 2011 to 2024.
Year % age 15+ Change
2011 66.2%
2014 80.7% +21.9%
2017 85.3% +5.8%
2021 88.4% +3.6%
2024 88.7% +0.4%

Malaysia compared with similar countries

  • Malaysia's 88.7% is above the median for upper middle income countries, which is 70.6%, 1.3× the median. (37 countries reporting)
  • Malaysia's 88.7% is below the median for East Asia & Pacific, which is 94.4%, 94% of the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 77.4% 66.2% 85.3% 3
2020s 88.5% 88.4% 88.7% 2

Countries ranked near Malaysia

  1. 36 China 89.4% compare
  2. 37 Israel 89.3% compare
  3. 38 India 89.0% compare
  4. 40 Greece 88.6% compare
  5. 41 Ukraine 87.6% compare
  6. 42 Venezuela 87.3% compare

See the full ranking of 130 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is account in Malaysia?
Account in Malaysia was 88.7% in 2024, according to Global Findex Database.
What is the highest account recorded in Malaysia?
The highest recorded value was 88.7% in 2024.
What is the lowest account recorded in Malaysia?
The lowest recorded value was 66.2% in 2011.
How does Malaysia rank for account?
Malaysia ranks 39th out of 118 countries with data for 2024.
Is account rising or falling in Malaysia?
Over the last ten years it is up 9.9%. The long-run trend across the full record is rising.
Where does this Malaysia data come from?
The figures come from Global Findex Database, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

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Account in Malaysia. Statizoid, drawing on Global Findex Database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-percent-age-15/malaysia/

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About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 650 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)