Remittance Outflows Statistics in Malaysia (2026)
Malaysia recorded personal remittances paid of $10.8 billion in 2024, World Bank World Development Indicators data show. Up from $9.6 billion in 2023 to $10.8 billion in 2024. Malaysia ranks #5 of 26 economies in East Asia & Pacific on this measure, and #19 of 181 globally.
Key Statistics
- Latest value (2024)
- $10.8 billion (2024)
- Remittance Outflows in Malaysia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +12.4% (2024)
- Up from $9.6 billion in 2023 to $10.8 billion in 2024.
- CAGR 1990–2024
- +12.8% per year (2024)
- Compound annual growth rate from $182.3 million in 1990 to $10.8 billion in 2024.
- Earliest value in this dataset (1990)
- $182.3 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $182.3 million in 1990 to $10.8 billion in 2024.
- Peak value (2019)
- $11.4 billion (2019)
- Highest value in the available series; the 2024 value is $10.8 billion.
- Rank in East Asia & Pacific
- #5 of 26 (2024)
- Malaysia ranks 5 of 26 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #19 of 181 (2024)
- Malaysia ranks 19 of 181 countries with data globally.
- East Asia & Pacific average
- $3.6 billion (2024)
- Malaysia ($10.8 billion) is above the average of $3.6 billion across the 26 countries in East Asia & Pacific with data.
- Projected 2026 value
- $11.3 billion (2026)
- Projection based on 7-year trend (CAGR 2.1%); not an official figure.
- International migrant stock (% of population) (2024)
- 10.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Malaysia (2024)
- 98% (2024)
- 98% of the population in Malaysia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 35.6 million (2024)
- Malaysia had a population of 35.6 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 10.8B | +12.4% |
| 2023 | 9.6B | +6.1% |
| 2022 | 9.1B | +5.3% |
| 2021 | 8.6B | −5.0% |
| 2020 | 9.1B | −20.3% |
| 2019 | 11.4B | +4.4% |
| 2018 | 10.9B | +16.2% |
| 2017 | 9.4B | −7.0% |
| 2016 | 10.1B | −3.6% |
| 2015 | 10.5B | +2.8% |
| 2014 | 10.2B | +13.5% |
| 2013 | 9B | +0.3% |
| 2012 | 9B | −4.9% |
| 2011 | 9.4B | +9.2% |
| 2010 | 8.6B | +32.2% |
| 2009 | 6.5B | −3.8% |
| 2008 | 6.8B | +6.2% |
| 2007 | 6.4B | +14.1% |
| 2006 | 5.6B | −1.5% |
| 2005 | 5.7B | +12.1% |
| 2004 | 5.1B | +46.2% |
| 2003 | 3.5B | −9.5% |
| 2002 | 3.8B | +503.6% |
| 2001 | 633.9M | +5.8% |
| 2000 | 598.9M | +23.8% |
| 1999 | 483.7M | −83.5% |
| 1998 | 2.9B | +41.0% |
| 1997 | 2.1B | +45.6% |
| 1996 | 1.4B | +7.2% |
| 1995 | 1.3B | +1159.3% |
| 1994 | 105.6M | −50.0% |
| 1993 | 210.9M | +12.9% |
| 1992 | 186.9M | +21.5% |
| 1991 | 153.8M | −15.6% |
| 1990 | 182.3M | — |
Frequently asked questions
What is the latest figure for personal remittances paid in Malaysia?
Personal remittances paid in Malaysia stood at $10.8 billion in 2024, according to World Bank World Development Indicators data.
When did remittance outflows in Malaysia peak?
The highest value in the available series was $11.4 billion in 2019; the latest (2024) value is $10.8 billion.
How recent is the remittance outflows data for Malaysia?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Malaysia.
Where does the remittance outflows data for Malaysia come from?
The data comes from the World Bank World Development Indicators (indicator BM.TRF.PWKR.CD.DT). The latest observation for Malaysia is from 2024; the snapshot was retrieved on 2026-06-10.
How has remittance outflows in Malaysia changed over time?
World Bank World Development Indicators data show a rise from $182.3 million in 1990 to $10.8 billion in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BM.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 .