Insurance and financial services as a percentage of service exports from the balance of payment rose 10.4% to 5.22% in Malaysia in 2021, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Malaysia reached an all time high of 5.22% in 2021 and an all time low of 0.044% in 1984.
Malaysia has been ranked 53rd within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 34 places above the position seen 10 years ago.
| Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Cambodia | % | ... | ... | 0.860% | 0.225% | 0.190% | 0.331% | 0.538% | ||||||||||||||
| China | % | 3.36% | 3.47% | 3.52% | 3.54% | 3.56% | ||||||||||||||||
| Indonesia | % | ... | 1.36% | 1.78% | 2.85% | 2.63% | 1.98% | |||||||||||||||
| Laos | % | 1.42% | 0.273% | 1.89% | 0.502% | 2.40% | ||||||||||||||||
| Malaysia | % | 2.03% | 2.28% | 2.23% | 2.28% | 2.43% | ||||||||||||||||
| Myanmar | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.169% | 0.709% | 0.405% | 0.156% | 0.163% | ... | ... | |||
| Philippines | % | 1.83% | 1.51% | 0.926% | 0.952% | 0.784% | ||||||||||||||||
| Singapore | % | 16.2% | 17.3% | 17.6% | 17.4% | 17.3% | ||||||||||||||||
| Thailand | % | 1.10% | 1.24% | 1.17% | 1.17% | 1.11% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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