Remittance Inflows Statistics in Malaysia (2026)
According to World Bank World Development Indicators data, personal remittances received in Malaysia came to $1.6 billion in 2024. Down from $1.7 billion in 2023 to $1.6 billion in 2024. Malaysia ranks #9 of 26 economies in East Asia & Pacific on this measure, and #74 of 179 globally.
Key Statistics
- Latest value (2024)
- $1.6 billion (2024)
- Remittance Inflows in Malaysia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −5.8% (2024)
- Down from $1.7 billion in 2023 to $1.6 billion in 2024.
- CAGR 1990–2024
- +6.6% per year (2024)
- Compound annual growth rate from $185.2 million in 1990 to $1.6 billion in 2024.
- Earliest value in this dataset (1990)
- $185.2 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $185.2 million in 1990 to $1.6 billion in 2024.
- Peak value (2023)
- $1.7 billion (2023)
- Highest value in the available series; the 2024 value is $1.6 billion.
- Rank in East Asia & Pacific
- #9 of 26 (2024)
- Malaysia ranks 9 of 26 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #74 of 179 (2024)
- Malaysia ranks 74 of 179 countries with data globally.
- East Asia & Pacific average
- $4.6 billion (2024)
- Malaysia ($1.6 billion) is below the average of $4.6 billion across the 26 countries in East Asia & Pacific with data.
- Projected 2026 value
- $1.6 billion (2026)
- Projection based on 7-year trend (CAGR -0.4%); not an official figure.
- Personal remittances, received (% of GDP) (2024)
- 0.4% (2024)
- Related indicator from World Bank World Development Indicators.
- International migrant stock (% of population) (2024)
- 10.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Malaysia (2024)
- 98% (2024)
- 98% of the population in Malaysia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 35.6 million (2024)
- Malaysia had a population of 35.6 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 1.6B | −5.8% |
| 2023 | 1.7B | +5.4% |
| 2022 | 1.6B | +4.2% |
| 2021 | 1.6B | +8.8% |
| 2020 | 1.4B | −10.7% |
| 2019 | 1.6B | −5.2% |
| 2018 | 1.7B | +2.2% |
| 2017 | 1.6B | +2.8% |
| 2016 | 1.6B | −2.4% |
| 2015 | 1.6B | +4.1% |
| 2014 | 1.6B | +11.0% |
| 2013 | 1.4B | +10.0% |
| 2012 | 1.3B | +6.8% |
| 2011 | 1.2B | +9.8% |
| 2010 | 1.1B | −2.5% |
| 2009 | 1.1B | −14.9% |
| 2008 | 1.3B | −14.6% |
| 2007 | 1.6B | +14.0% |
| 2006 | 1.4B | +22.2% |
| 2005 | 1.1B | +39.3% |
| 2004 | 801.9M | +40.4% |
| 2003 | 571.1M | +31.3% |
| 2002 | 435M | +18.5% |
| 2001 | 367.1M | +7.2% |
| 2000 | 342.4M | +6.0% |
| 1999 | 322.9M | +70.3% |
| 1998 | 189.6M | −2.5% |
| 1997 | 194.4M | +18.5% |
| 1996 | 164.2M | +41.8% |
| 1995 | 115.8M | −2.9% |
| 1994 | 119.3M | −32.1% |
| 1993 | 175.6M | +14.7% |
| 1992 | 153.1M | +17.6% |
| 1991 | 130.2M | −29.7% |
| 1990 | 185.2M | — |
Frequently asked questions
What is the latest figure for personal remittances received in Malaysia?
Personal remittances received in Malaysia stood at $1.6 billion in 2024, according to World Bank World Development Indicators data.
What could remittance inflows in Malaysia look like in 2026?
A trend-based projection puts it at $1.6 billion in 2026. Projection based on 7-year trend (CAGR -0.4%); not an official figure.
When did remittance inflows in Malaysia peak?
The highest value in the available series was $1.7 billion in 2023; the latest (2024) value is $1.6 billion.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.TRF.PWKR.CD.DT, 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 .