Account Ownership Statistics in Malaysia (2026)
As of the 2024 data, 88.7% of adults in Malaysia had an account at a financial institution or mobile money provider, per World Bank Global Findex. Up from 88.4% in 2021 to 88.7% in 2024 (+0.3 percentage points). Malaysia ranks #10 of 16 economies in East Asia & Pacific on this measure, and #41 of 145 globally.
Key Statistics
- Latest value (2024)
- 88.7% (2024)
- Account Ownership in Malaysia as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +0.3 pp (2024)
- Up from 88.4% in 2021 to 88.7% in 2024 (+0.3 percentage points).
- Earliest value in this dataset (2011)
- 66.2% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 66.2% in 2011 to 88.7% in 2024.
- Record high (2024)
- 88.7% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Malaysia.
- Rank in East Asia & Pacific
- #10 of 16 (2024)
- Malaysia ranks 10 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #41 of 145 (2024)
- Malaysia ranks 41 of 145 countries with data globally.
- East Asia & Pacific average
- 78.5% (2024)
- Malaysia (88.7%) is above the average of 78.5% across the 16 countries in East Asia & Pacific with data.
- Among women (2024)
- 88.2% (2024)
- Value for women in Malaysia, same 2024 World Bank Global Findex data.
- Among men (2024)
- 89.1% (2024)
- Value for men in Malaysia, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- −0.9 pp (2024)
- In 2024, the figure was 88.2% for women and 89.1% for men — 0.9 percentage points lower among women.
- In rural areas (2024)
- 87.7% (2024)
- Value for rural residents of Malaysia in 2024.
- Rural gap vs national
- −1 pp (2024)
- Rural residents (87.7%) are 1 percentage points below the national figure (88.7%).
- Among the poorest 40% (2024)
- 82% (2024)
- Value for adults in the poorest 40% of households in Malaysia in 2024.
- Poorest-40% gap vs national
- −6.6 pp (2024)
- The poorest 40% (82%) are 6.6 percentage points below the national figure (88.7%).
- Internet use in Malaysia (2024)
- 98% (2024)
- 98% of the population in Malaysia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 35.6 million (2024)
- Malaysia had a population of 35.6 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 88.7% | +0.3 pp |
| 2021 | 88.4% | +3.0 pp |
| 2017 | 85.3% | +4.7 pp |
| 2014 | 80.7% | +14.5 pp |
| 2011 | 66.2% | — |
Frequently asked questions
What share of adults in Malaysia had an account at a financial institution or mobile money provider?
88.7% of adults in Malaysia had an account at a financial institution or mobile money provider in 2024, according to World Bank Global Findex data.
How has account ownership in Malaysia changed over time?
World Bank Global Findex data show a rise from 66.2% in 2011 to 88.7% in 2024.
How does Malaysia compare with other countries in East Asia & Pacific?
Malaysia ranks 10 of 16 countries in East Asia & Pacific with data, with 88.7% versus a regional average of 78.5% (latest values per country).
Where does Malaysia rank globally on account ownership?
Malaysia ranks 41 of 145 countries with data globally, based on the latest World Bank Global Findex value for each country.
Source & methodology
Source: World Bank Global Findex, indicator
account.t.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .