Remittances in Malaysia

Malaysia: Remittances was 0.3802 in 2024. ◆ Volatile

Latest (2024)
0.3802
Change on year
down 10.8%
World rank
152nd
of 194 countries
All-time high
0.8393
in 2006
All-time low
0.0215
in 1979
Years of data
43
1975–2024

Remittances in Malaysia, 1975–2024

00.20.40.60.81975199920241975: 0.0451976: 0.0361977: 0.0311978: 0.0261979: 0.0221987: 0.1521988: 0.2831989: 0.3571990: 0.4211991: 0.2651992: 0.2591993: 0.2621994: 0.161995: 0.1311996: 0.1631997: 0.1941998: 0.2631999: 0.4082000: 0.3652001: 0.3962002: 0.4312003: 0.5182004: 0.6432005: 0.7782006: 0.8392007: 0.8042008: 0.5762009: 0.5592010: 0.4322011: 0.4072012: 0.4112013: 0.442014: 0.4672015: 0.5452016: 0.5322017: 0.5172018: 0.472019: 0.4372020: 0.4232021: 0.4152022: 0.3972023: 0.4262024: 0.38

Source: Our World in Data.

Analysis

The most recent figure for remittances in Malaysia is 0.3802, measured in 2024.

Compared with earlier readings it is down 10.8% on the previous year and down 18.6% over ten years.

Over the whole period, remittances in Malaysia peaked at 0.8393 in 2006 and was at its lowest, 0.0215, in 1979.

Malaysia ranks 152nd of 194 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 in Malaysia, year by year

Annual values for Remittances in Malaysia, 1975 to 2024.
Year Value Change
1975 0.0449 —
1976 0.0356 -20.7%
1977 0.0309 -13.2%
1978 0.0264 -14.6%
1979 0.0215 -18.4%
1987 0.1517 +604.2%
1988 0.2826 +86.3%
1989 0.3573 +26.5%
1990 0.4207 +17.7%
1991 0.2649 -37.0%
1992 0.2588 -2.3%
1993 0.2625 +1.4%
1994 0.1601 -39.0%
1995 0.1305 -18.5%
1996 0.1628 +24.7%
1997 0.1944 +19.5%
1998 0.2627 +35.1%
1999 0.408 +55.3%
2000 0.365 -10.5%
2001 0.3957 +8.4%
2002 0.4314 +9.0%
2003 0.5182 +20.1%
2004 0.6428 +24.0%
2005 0.7782 +21.1%
2006 0.8393 +7.9%
2007 0.8041 -4.2%
2008 0.5758 -28.4%
2009 0.5591 -2.9%
2010 0.4325 -22.6%
2011 0.4066 -6.0%
2012 0.4115 +1.2%
2013 0.4403 +7.0%
2014 0.4672 +6.1%
2015 0.5454 +16.7%
2016 0.5324 -2.4%
2017 0.5167 -2.9%
2018 0.4698 -9.1%
2019 0.4374 -6.9%
2020 0.4228 -3.3%
2021 0.4153 -1.8%
2022 0.3967 -4.5%
2023 0.4262 +7.4%
2024 0.3802 -10.8%

Malaysia compared with similar countries

  • Malaysia's 0.3802 is below the median for upper middle income countries, which is 3.62, 11% of the median. (56 countries reporting)
  • Malaysia's 0.3802 is below the median for East Asia & Pacific, which is 3.4, 11% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Remittances 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
1987 +604.2% 0.0215 0.1517

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0319 0.0215 0.0449 5
1980s 0.2639 0.1517 0.3573 3
1990s 0.2525 0.1305 0.4207 10
2000s 0.591 0.365 0.8393 10
2010s 0.466 0.4066 0.5454 10
2020s 0.4082 0.3802 0.4262 5

Countries ranked near Malaysia

  1. 149 Germany 0.4732 compare
  2. 150 Bahamas 0.4164 compare
  3. 151 Netherlands 0.3888 compare
  4. 153 South Korea 0.3776 compare
  5. 154 Switzerland 0.3711 compare
  6. 155 Spain 0.3596 compare

See the full ranking of 194 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is remittances in Malaysia?
Remittances in Malaysia was 0.3802 in 2024, according to Our World in Data.
What is the highest remittances recorded in Malaysia?
The highest recorded value was 0.8393 in 2006.
What is the lowest remittances recorded in Malaysia?
The lowest recorded value was 0.0215 in 1979.
How does Malaysia rank for remittances?
Malaysia ranks 152nd out of 194 countries with data for 2024.
Is remittances rising or falling in Malaysia?
Over the last ten years it is down 18.6%. The long-run trend across the full record is volatile.
Where does this Malaysia data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Malaysia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/malaysia/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed