For that indicator, we provide data for Malaysia from 1970 to 2021. The average value for Malaysia during that period was 66.96 points with a minimum of 48.66 points in 1971 and a maximum of 77.12 points in 2014.
The latest value from 2021 is 74 points. For comparison, the world average in 2021 based on 184
countries is 58.31 points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The KOF Economic Globalization Index for Malaysia and other countries has two dimensions. First, it measures the economic flows between Malaysia and the rest of the world in terms of international trade and international investment. The question is whether Malaysia exchanges a lot of goods, services, and investments with other countries. Second, it measures the restrictions to trade and investment such as tariffs and capital controls on international investment. Each dimension is based on several variables that are combined in one overall index that ranges from 0 to 100.
Definition: Economic globalization has two dimensions: actual economic flows and restrictions to trade and capital. The sub-index on actual economic flows includes data on trade, FDI, and portfolio investment. The sub-index on restrictions takes into account hidden import barriers, mean tariff rates, taxes on international trade (as a share of current revenue), and an index of capital controls. More information and the original data can be obtained here.