Malaysia: Trade (% of GDP)
In , Malaysia's Trade (% of GDP) was 137.36.
That's up 3.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Malaysia ranks #26 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #8 of 24.
Source: World Bank Open Data (NE.TRD.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
- 203.85
- Trough
- 116.79
- 1-year change
- +3.6%
- 5-year change
- +11.7%
- +2.2% / yr
- 10-year change
- -0.7%
- -0.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 137.3626 | |
| 132.5935 | |
| 146.4246 | |
| 134.0360 | |
| 116.7882 | |
| 123.0286 | |
| 130.4026 | |
| 133.1552 | |
| 126.8990 | |
| 131.3701 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Malaysia's Trade (% of GDP) in 2024?
- In 2024, Malaysia's Trade (% of GDP) was 137.36, according to World Bank Open Data.
- Is Malaysia's Trade (% of GDP) rising or falling?
- Malaysia's Trade (% of GDP) rose 3.6% from 2023 to 2024.
- How does Malaysia rank globally on Trade (% of GDP)?
- In 2024, Malaysia ranked #26 out of 160 countries reporting Trade (% of GDP).
- How does Malaysia's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Malaysia is above the world average. Within East Asia & Pacific, it ranks #8 of 24.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS), CC BY 4.0.