Malaysia: Imports of goods and services (% of GDP)
In , Malaysia's Imports of goods and services (% of GDP) was 66.02.
That's up 3.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Malaysia ranks #39 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #12 of 24.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 90.96
- Trough
- 55.21
- 1-year change
- +3.3%
- 5-year change
- +14.3%
- +2.7% / yr
- 10-year change
- +2.3%
- +0.2% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 66.0215 | |
| 63.9145 | |
| 69.6168 | |
| 63.4029 | |
| 55.2102 | |
| 57.7508 | |
| 61.8477 | |
| 63.1434 | |
| 60.1236 | |
| 61.9214 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Malaysia's Imports of goods and services (% of GDP) in 2024?
- In 2024, Malaysia's Imports of goods and services (% of GDP) was 66.02, according to World Bank Open Data.
- Is Malaysia's Imports of goods and services (% of GDP) rising or falling?
- Malaysia's Imports of goods and services (% of GDP) rose 3.3% from 2023 to 2024.
- How does Malaysia rank globally on Imports of goods and services (% of GDP)?
- In 2024, Malaysia ranked #39 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Malaysia's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Malaysia is above the world average. Within East Asia & Pacific, it ranks #12 of 24.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.