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Foreign Trade In Services (As % of GDP) fell 7.96% to 15.2% in Malaysia in 2021

Foreign Trade In Services (As % of GDP) (%), 2021
Economy | Malaysia | February 1, 2023
$2.99
Excel Sheet

Foreign trade in services as a share of GDP fell 7.96% to 15.2% in Malaysia in 2021, according to the National Statistical Office.

Historically, foreign trade in services as a share of GDP in Malaysia reached an all time high of 34.1% in 1998 and an all time low of 11.1% in 1976. When compared to Malaysia's main peers, foreign trade in services as a share of GDP in Cambodia amounted to 10.2%, 114% in Singapore, 17.9% in Thailand and 6.30% in Vietnam in 2021.

Malaysia has been ranked 72nd within the group of 139 countries we follow in terms of foreign trade in services as a share of GDP, 36 places below the position seen 10 years ago.

Foreign Trade In Services (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Cambodia % 34.3% 32.3% 33.2% 34.6% 34.6%
China % 5.90% 5.79% 5.56% 5.46% 5.25%
Indonesia % 6.17% 5.77% 5.71% 6.61% 6.34%
Laos % 13.3% 11.7% 11.1% 12.3% 12.9%
Malaysia % 24.9% 25.1% 24.9% 23.6% 23.2%
Myanmar % 9.74% 10.4% 10.9% 12.1% 15.1% ... ...
Philippines % 17.2% 17.4% 18.6% 18.8% 18.4%
Singapore % 102% 97.4% 103% 108% 112%
Thailand % 25.1% 26.0% 25.8% 26.1% 25.4%
Vietnam % 11.4% 11.4% 10.7% 10.7% 10.7%