Commercial service imports in Malaysia

Malaysia: Commercial service imports was 56.15 billion current US$ in 2024. ◆ Volatile

Latest (2024)
56.15 billion current US$
Change on year
up 8.0%
World rank
31st
of 198 countries
All-time high
56.15 billion current US$
in 2024
All-time low
663.88 million current US$
in 1974
Years of data
51
1974–2024

Commercial service imports in Malaysia, 1974–2024

020.0B40.0B60.0B197419992024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

Malaysia recorded 56.15 billion current US$ for commercial service imports in 2024. That is the highest value across all 51 years on record.

That represents a change of up 8.0% on the previous year and up 24.4% over ten years.

Over the whole period, commercial service imports in Malaysia peaked at 56.15 billion current US$ in 2024 and was at its lowest, 663.88 million current US$, in 1974.

Malaysia ranks 31st of 198 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.09 billion current US$ 663.88 million current US$ 2.02 billion current US$ 6
1980s 3.61 billion current US$ 2.77 billion current US$ 4.60 billion current US$ 10
1990s 11.83 billion current US$ 5.39 billion current US$ 18.11 billion current US$ 10
2000s 21.66 billion current US$ 16.25 billion current US$ 30.06 billion current US$ 10
2010s 41.33 billion current US$ 32.40 billion current US$ 45.13 billion current US$ 10
2020s 44.61 billion current US$ 33.16 billion current US$ 56.15 billion current US$ 5

Countries ranked near Malaysia

  1. 28 Mexico 74.54 billion current US$ compare
  2. 29 Norway 73.75 billion current US$ compare
  3. 30 Indonesia 62.87 billion current US$ compare
  4. 32 Turkey 54.57 billion current US$ compare
  5. 33 Israel 52.88 billion current US$ compare
  6. 34 Finland 48.90 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Malaysia

All data for Malaysia →

Frequently asked questions

What is commercial service imports in Malaysia?
Commercial service imports in Malaysia was 56.15 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service imports recorded in Malaysia?
The highest recorded value was 56.15 billion current US$ in 2024.
What is the lowest commercial service imports recorded in Malaysia?
The lowest recorded value was 663.88 million current US$ in 1974.
How does Malaysia rank for commercial service imports?
Malaysia ranks 31st out of 198 countries with data for 2024.
Is commercial service imports rising or falling in Malaysia?
Over the last ten years it is up 24.4%. The long-run trend across the full record is volatile.
Where does this Malaysia data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Commercial service imports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.