Account, young in Malaysia

Malaysia: Account, young was 87.1% in 2024. ▲ Rising

Latest (2024)
87.1%
Change on year
up 17.3%
World rank
38th
of 107 countries
All-time high
87.1%
in 2024
All-time low
57.1%
in 2011
Years of data
5
2011–2024

Account, young in Malaysia, 2011–2024

0204060802011201720242011: 57.1 % ages 15-242014: 76.2 % ages 15-242017: 84.1 % ages 15-242021: 74.3 % ages 15-242024: 87.1 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

Malaysia recorded 87.1% for account, young in 2024. That is the highest value across all 5 years on record.

The figure is up 17.3% on the previous year and up 14.3% over ten years.

Over the whole period, account, young in Malaysia peaked at 87.1% in 2024 and was at its lowest, 57.1%, in 2011.

That places Malaysia 38th out of 107 countries with data for 2024, putting it in the middle of the range.

Account, young in Malaysia, year by year

Annual values for Account, young (% ages 15-24) in Malaysia, 2011 to 2024.
Year % ages 15-24 Change
2011 57.1%
2014 76.2% +33.5%
2017 84.1% +10.3%
2021 74.3% -11.6%
2024 87.1% +17.3%

Malaysia compared with similar countries

  • Malaysia's 87.1% is above the median for upper middle income countries, which is 62.0%, 1.4× the median. (37 countries reporting)
  • Malaysia's 87.1% is below the median for East Asia & Pacific, which is 95.4%, 91% of the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 72.4% 57.1% 84.1% 3
2020s 80.7% 74.3% 87.1% 2

Countries ranked near Malaysia

  1. 35 Thailand 88.1% compare
  2. 36 Taiwan 87.7% compare
  3. 37 United States 87.7% compare
  4. 39 Romania 85.6% compare
  5. 40 Chile 85.4% compare
  6. 41 Brazil 84.4% compare

See the full ranking of 119 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is account, young in Malaysia?
Account, young in Malaysia was 87.1% in 2024, according to Global Findex database.
What is the highest account, young recorded in Malaysia?
The highest recorded value was 87.1% in 2024.
What is the lowest account, young recorded in Malaysia?
The lowest recorded value was 57.1% in 2011.
How does Malaysia rank for account, young?
Malaysia ranks 38th out of 107 countries with data for 2024.
Is account, young rising or falling in Malaysia?
Over the last ten years it is up 14.3%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

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

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/account-young-percent-ages-15-24/malaysia/">Account, young in Malaysia</a> — Statizoid

About this data

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
119 places, 595 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 another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), young (% ages 15-24)