Malaysia: Trade openness

* indicates monthly or quarterly data series
 Malaysia

Trade openness: exports plus imports as percent of GDP

 Latest value 146.66
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 133.47
 Min - Max 73.38 - 220.41
 Source The World Bank
For that indicator, we provide data for Malaysia from 1960 to 2022. The average value for Malaysia during that period was 133.47 percent with a minimum of 73.38 percent in 1972 and a maximum of 220.41 percent in 2000. The latest value from 2022 is 146.66 percent. For comparison, the world average in 2022 based on 157 countries is 100.30 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Malaysia - Trade openness - Recent values chart

Historical chart
Malaysia - Trade openness - historical chart - 1960-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 104.95 2021 percent
 Trade openness 146.66 2022 percent
 Financial openness -0.166 2021 index points
 Exports, percent of GDP 76.95 2022 percent
 Exports, billion dollars 273.43 2023 billion U.S. dollars
 Growth of exports 14.49 2022 percent
 Imports, percent of GDP 69.71 2022 percent
 Imports, billion dollars 253.48 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.62 2022 percent
 Foreign Direct Investment, billion dollars 14.73 2022 billion U.S. dollars
 Portfolio investment inflows, equities 4,167.22 2022 million dollars (current)
 Current account, percent of GDP 3.50 2022 percent
 Current account, in dollars 12.27 2022 billion U.S. dollars
 Trade balance, percent of GDP 7.24 2022 percent
 Trade balance, in dollars 20.44 2023 billion U.S. dollars
 Reserves 114.66 2022 billion U.S. dollars
 Remittances, percent of GDP 0.40 2022 percent
 Remittances 1,619.58 2022 million U.S. dollars
 Net errors and omissions -3,386.63 2022 million USD
 Foreign exchange reserves 110.10 9/2023 billion
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