Bank or similar financial institution account, in laborforce in Malaysia

Malaysia: Bank or similar financial institution account, in laborforce was 91.6% in 2024. ▲ Rising

Latest (2024)
91.6%
Change on year
down 1.3%
World rank
42nd
of 98 countries
All-time high
92.9%
in 2021
All-time low
77.4%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, in laborforce in Malaysia, 2011–2024

0204060801002011201720242011: 77.4 % age 15+2014: 84.4 % age 15+2017: 89.1 % age 15+2021: 92.9 % age 15+2024: 91.6 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, in laborforce in Malaysia is 91.6%, measured in 2024.

Compared with earlier readings it is down 1.3% on the previous year and up 8.5% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Malaysia peaked at 92.9% in 2021 and was at its lowest, 77.4%, in 2011.

That places Malaysia 42nd out of 98 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, in laborforce in Malaysia, year by year

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Malaysia, 2011 to 2024.
Year % age 15+ Change
2011 77.4%
2014 84.4% +9.1%
2017 89.1% +5.5%
2021 92.9% +4.3%
2024 91.6% -1.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 83.6% 77.4% 89.1% 3
2020s 92.3% 91.6% 92.9% 2

Countries ranked near Malaysia

  1. 39 Mauritius 92.8% compare
  2. 40 Bosnia and Herzegovina 92.7% compare
  3. 41 Thailand 92.6% compare
  4. 43 Kazakhstan 91.6% compare
  5. 44 Brazil 91.0% compare
  6. 45 India 90.9% compare

See the full ranking of 110 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Malaysia?
Bank or similar financial institution account, in laborforce in Malaysia was 91.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Malaysia?
The highest recorded value was 92.9% in 2021.
What is the lowest bank or similar financial institution account, in laborforce recorded in Malaysia?
The lowest recorded value was 77.4% in 2011.
How does Malaysia rank for bank or similar financial institution account, in laborforce?
Malaysia ranks 42nd out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Malaysia?
Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
Where does this Malaysia data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, in laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, in laborforce in Malaysia. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/malaysia/

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About this data

Indicator
Bank or similar financial institution account, in laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed