Bank or similar financial institution account, out of laborforce in Malaysia

Malaysia: Bank or similar financial institution account, out of laborforce was 80.3% in 2024. ▲ Rising

Latest (2024)
80.3%
Change on year
down 0.1%
World rank
36th
of 98 countries
All-time high
80.3%
in 2021
All-time low
52.5%
in 2011
Years of data
5
2011–2024

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

0204060802011201720242011: 52.5 % age 15+2014: 75.2 % age 15+2017: 77.2 % age 15+2021: 80.3 % age 15+2024: 80.3 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, out of laborforce in Malaysia stood at 80.3%.

Compared with earlier readings it is down 0.1% on the previous year and up 6.8% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Malaysia peaked at 80.3% in 2021 and was at its lowest, 52.5%, in 2011.

Malaysia ranks 36th of 98 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Malaysia, 2011 to 2024.
Year % age 15+ Change
2011 52.5%
2014 75.2% +43.1%
2017 77.2% +2.6%
2021 80.3% +4.1%
2024 80.3% -0.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 68.3% 52.5% 77.2% 3
2020s 80.3% 80.3% 80.3% 2

Countries ranked near Malaysia

  1. 33 Ukraine 83.1% compare
  2. 34 Portugal 82.9% compare
  3. 35 Slovakia 81.4% compare
  4. 37 Hungary 77.5% compare
  5. 38 Sri Lanka 77.3% compare
  6. 39 Chile 77.1% 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, out of laborforce in Malaysia?
Bank or similar financial institution account, out of laborforce in Malaysia was 80.3% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Malaysia?
The highest recorded value was 80.3% in 2021.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Malaysia?
The lowest recorded value was 52.5% in 2011.
How does Malaysia rank for bank or similar financial institution account, out of laborforce?
Malaysia ranks 36th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Malaysia?
Over the last ten years it is up 6.8%. 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, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Malaysia. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/malaysia/

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About this data

Indicator
Bank or similar financial institution account, out of 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