Remittances, annual growth rate in Malaysia

Malaysia: Remittances, annual growth rate was -10.79 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-10.79 % change on previous year
Change on year
down 245.0%
World rank
156th
of 189 countries
All-time high
86.27 % change on previous year
in 1988
All-time low
-38.99 % change on previous year
in 1994
Years of data
41
1976–2024

Remittances, annual growth rate in Malaysia, 1976–2024

-500501001976200020241976: -20.7 % change on previous year1977: -13.2 % change on previous year1978: -14.6 % change on previous year1979: -18.4 % change on previous year1988: 86.3 % change on previous year1989: 26.5 % change on previous year1990: 17.7 % change on previous year1991: -37 % change on previous year1992: -2.3 % change on previous year1993: 1.4 % change on previous year1994: -39 % change on previous year1995: -18.5 % change on previous year1996: 24.7 % change on previous year1997: 19.5 % change on previous year1998: 35.1 % change on previous year1999: 55.3 % change on previous year2000: -10.5 % change on previous year2001: 8.4 % change on previous year2002: 9 % change on previous year2003: 20.1 % change on previous year2004: 24 % change on previous year2005: 21.1 % change on previous year2006: 7.9 % change on previous year2007: -4.2 % change on previous year2008: -28.4 % change on previous year2009: -2.9 % change on previous year2010: -22.6 % change on previous year2011: -6 % change on previous year2012: 1.2 % change on previous year2013: 7 % change on previous year2014: 6.1 % change on previous year2015: 16.7 % change on previous year2016: -2.4 % change on previous year2017: -2.9 % change on previous year2018: -9.1 % change on previous year2019: -6.9 % change on previous year2020: -3.3 % change on previous year2021: -1.8 % change on previous year2022: -4.5 % change on previous year2023: 7.4 % change on previous year2024: -10.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, remittances, annual growth rate in Malaysia stood at -10.79 % change on previous year.

Compared with earlier readings it is down 245.0% on the previous year and down 276.4% over ten years.

Over the whole period, remittances, annual growth rate in Malaysia peaked at 86.27 % change on previous year in 1988 and was at its lowest, -38.99 % change on previous year, in 1994.

Malaysia ranks 156th of 189 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Malaysia, year by year

Annual values for Remittances, annual growth rate in Malaysia, 1976 to 2024.
Year % change on previous year Change
1976 -20.74 % change on previous year —
1977 -13.16 % change on previous year -36.6%
1978 -14.64 % change on previous year +11.3%
1979 -18.39 % change on previous year +25.6%
1988 86.27 % change on previous year -569.1%
1989 26.45 % change on previous year -69.3%
1990 17.75 % change on previous year -32.9%
1991 -37.04 % change on previous year -308.7%
1992 -2.32 % change on previous year -93.7%
1993 1.45 % change on previous year -162.3%
1994 -38.99 % change on previous year -2797.0%
1995 -18.49 % change on previous year -52.6%
1996 24.68 % change on previous year -233.5%
1997 19.46 % change on previous year -21.2%
1998 35.11 % change on previous year +80.5%
1999 55.3 % change on previous year +57.5%
2000 -10.52 % change on previous year -119.0%
2001 8.39 % change on previous year -179.7%
2002 9.02 % change on previous year +7.6%
2003 20.13 % change on previous year +123.1%
2004 24.05 % change on previous year +19.4%
2005 21.07 % change on previous year -12.4%
2006 7.85 % change on previous year -62.7%
2007 -4.2 % change on previous year -153.5%
2008 -28.38 % change on previous year +575.9%
2009 -2.9 % change on previous year -89.8%
2010 -22.65 % change on previous year +680.9%
2011 -5.98 % change on previous year -73.6%
2012 1.19 % change on previous year -119.9%
2013 7.01 % change on previous year +487.4%
2014 6.12 % change on previous year -12.7%
2015 16.74 % change on previous year +173.8%
2016 -2.39 % change on previous year -114.3%
2017 -2.94 % change on previous year +23.2%
2018 -9.08 % change on previous year +208.5%
2019 -6.89 % change on previous year -24.1%
2020 -3.35 % change on previous year -51.4%
2021 -1.77 % change on previous year -47.2%
2022 -4.49 % change on previous year +153.9%
2023 7.44 % change on previous year -265.7%
2024 -10.79 % change on previous year -245.0%

Malaysia compared with similar countries

  • Malaysia's -10.79 % change on previous year is below the median for upper middle income countries, which is -3.05 % change on previous year, 3.5× the median. (54 countries reporting)
  • Malaysia's -10.79 % change on previous year is below the median for East Asia & Pacific, which is -2.48 % change on previous year, 4.3× the median. (30 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Malaysia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 -2797.0% 1.45 % change on previous year -38.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -16.73 % change on previous year -20.74 % change on previous year -13.16 % change on previous year 4
1980s 56.36 % change on previous year 26.45 % change on previous year 86.27 % change on previous year 2
1990s 5.69 % change on previous year -38.99 % change on previous year 55.3 % change on previous year 10
2000s 4.45 % change on previous year -28.38 % change on previous year 24.05 % change on previous year 10
2010s -1.89 % change on previous year -22.65 % change on previous year 16.74 % change on previous year 10
2020s -2.59 % change on previous year -10.79 % change on previous year 7.44 % change on previous year 5

Countries ranked near Malaysia

  1. 153 Niger -10.44 % change on previous year compare
  2. 154 Nigeria -10.65 % change on previous year compare
  3. 155 Moldova -10.7 % change on previous year compare
  4. 157 Sudan -11.23 % change on previous year compare
  5. 158 Algeria -11.33 % change on previous year compare
  6. 159 Saint Vincent and the Grenadines -11.38 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is remittances, annual growth rate in Malaysia?
Remittances, annual growth rate in Malaysia was -10.79 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Malaysia?
The highest recorded value was 86.27 % change on previous year in 1988.
What is the lowest remittances, annual growth rate recorded in Malaysia?
The lowest recorded value was -38.99 % change on previous year in 1994.
How does Malaysia rank for remittances, annual growth rate?
Malaysia ranks 156th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Malaysia?
Over the last ten years it is down 276.4%. The long-run trend across the full record is volatile.
Where does this Malaysia data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Malaysia. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/malaysia/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.