Owns a credit card in Malaysia

Malaysia: Owns a credit card was 13.2% in 2024. ▼ Falling

Latest (2024)
13.2%
Change on year
up 67.0%
World rank
22nd
of 115 countries
All-time high
21.3%
in 2017
All-time low
7.9%
in 2021
Years of data
5
2011–2024

Owns a credit card in Malaysia, 2011–2024

051015202011201720242011: 11.9 % age 15+2014: 20.2 % age 15+2017: 21.3 % age 15+2021: 7.9 % age 15+2024: 13.2 % age 15+

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

Analysis

The most recent figure for owns a credit card in Malaysia is 13.2%, measured in 2024.

That represents a change of up 67.0% on the previous year and down 34.6% over ten years.

Over the whole period, owns a credit card in Malaysia peaked at 21.3% in 2017 and was at its lowest, 7.9%, in 2021.

That places Malaysia 22nd out of 115 countries with data for 2024, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 17.8% 11.9% 21.3% 3
2020s 10.5% 7.9% 13.2% 2

Countries ranked near Malaysia

  1. 19 Mexico 14.2% compare
  2. 20 Bosnia and Herzegovina 13.7% compare
  3. 21 Azerbaijan 13.4% compare
  4. 23 Panama 12.7% compare
  5. 24 Peru 12.6% compare
  6. 25 Bulgaria 12.6% compare

See the full ranking of 125 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is owns a credit card in Malaysia?
Owns a credit card in Malaysia was 13.2% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Malaysia?
The highest recorded value was 21.3% in 2017.
What is the lowest owns a credit card recorded in Malaysia?
The lowest recorded value was 7.9% in 2021.
How does Malaysia rank for owns a credit card?
Malaysia ranks 22nd out of 115 countries with data for 2024.
Is owns a credit card rising or falling in Malaysia?
Over the last ten years it is down 34.6%. The long-run trend across the full record is falling.
Where does this Malaysia data come from?
The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). 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).

About this data

Indicator
Owns a credit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 625 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a credit card, (% age 15+)