Malaysia - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Malaysia was $21,710,720,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $51,542,660,000 in 2008 and ($3,490,431,000) in 1995.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $264,602,100
1961 $130,994,400
1962 $58,147,130
1963 $43,447,020
1964 $46,387,040
1965 $132,301,100
1966 $124,134,300
1967 $77,747,290
1968 $117,274,300
1969 $373,709,700
1970 $163,661,300
1971 $60,937,650
1972 ($68,094,770)
1973 $431,793,100
1974 $22,433,630
1975 $42,055,300
1976 $1,154,391,000
1977 $986,470,600
1978 $910,190,000
1979 $1,882,654,000
1980 $612,798,000
1981 ($1,546,374,000)
1982 ($2,335,360,000)
1983 ($1,505,622,000)
1984 $647,721,500
1985 $1,601,289,000
1986 $1,690,556,000
1987 $4,463,407,000
1988 $3,600,122,000
1989 $2,356,025,000
1990 $899,848,400
1991 ($1,798,807,000)
1992 $802,607,300
1993 ($66,819,470)
1994 ($1,194,178,000)
1995 ($3,490,431,000)
1996 $1,397,170,000
1997 $913,833,500
1998 $15,873,420,000
1999 $19,828,160,000
2000 $18,019,470,000
2001 $16,181,840,000
2002 $17,400,260,000
2003 $21,700,790,000
2004 $25,414,470,000
2005 $31,496,130,000
2006 $35,456,630,000
2007 $38,459,970,000
2008 $51,542,660,000
2009 $41,006,950,000
2010 $40,588,000,000
2011 $46,400,660,000
2012 $33,828,020,000
2013 $27,598,460,000
2014 $31,354,460,000
2015 $22,683,910,000
2016 $20,039,150,000
2017 $21,917,620,000
2018 $24,065,480,000
2019 $27,486,540,000
2020 $21,710,720,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Malaysia was 91,261,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 171,936,000,000 in 2008 and a minimum value of -8,754,000,000 in 1995.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 810,000,000
1961 401,000,000
1962 178,000,000
1963 133,000,000
1964 142,000,000
1965 405,000,000
1966 380,000,000
1967 238,000,000
1968 359,000,000
1969 1,144,000,000
1970 501,000,000
1971 186,000,000
1972 -192,000,000
1973 1,055,000,000
1974 54,000,000
1975 101,000,000
1976 2,934,000,000
1977 2,428,000,000
1978 2,108,000,000
1979 4,120,000,000
1980 1,334,000,000
1981 -3,563,000,000
1982 -5,454,000,000
1983 -3,495,000,000
1984 1,518,000,000
1985 3,976,000,000
1986 4,364,000,000
1987 11,246,000,000
1988 9,428,000,000
1989 6,382,000,000
1990 2,434,000,000
1991 -4,946,000,000
1992 2,044,000,000
1993 -172,000,000
1994 -3,134,000,000
1995 -8,754,000,000
1996 3,515,000,000
1997 2,575,000,000
1998 62,300,000,000
1999 75,347,000,000
2000 68,474,000,000
2001 61,491,000,000
2002 66,121,000,000
2003 82,463,000,000
2004 96,575,000,000
2005 119,279,000,000
2006 130,062,000,000
2007 132,210,000,000
2008 171,936,000,000
2009 144,529,000,000
2010 130,738,000,000
2011 141,986,000,000
2012 104,488,000,000
2013 86,960,000,000
2014 102,620,000,000
2015 88,592,010,000
2016 83,128,400,000
2017 94,254,510,000
2018 97,106,630,000
2019 113,863,000,000
2020 91,261,000,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Malaysia was 87,806,000,000 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 100,925,000,000 in 2019 and a minimum value of 85,493,150,000 in 2017.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2015 88,592,010,000
2016 88,925,270,000
2017 85,493,150,000
2018 90,768,330,000
2019 100,925,000,000
2020 87,806,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Malaysia was 6.44 as of 2020. Its highest value over the past 60 years was 25.05 in 1999, while its lowest value was -8.71 in 1982.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 13.81
1961 6.89
1962 2.91
1963 1.73
1964 1.73
1965 4.48
1966 3.95
1967 2.44
1968 3.52
1969 10.20
1970 4.24
1971 1.44
1972 -1.35
1973 5.63
1974 0.24
1975 0.45
1976 10.45
1977 7.51
1978 5.56
1979 8.87
1980 2.50
1981 -6.18
1982 -8.71
1983 -4.96
1984 1.91
1985 5.13
1986 6.10
1987 13.87
1988 10.21
1989 6.06
1990 2.04
1991 -3.66
1992 1.36
1993 -0.10
1994 -1.60
1995 -3.93
1996 1.39
1997 0.91
1998 22.00
1999 25.05
2000 19.21
2001 17.44
2002 17.25
2003 19.69
2004 20.37
2005 21.94
2006 21.79
2007 19.87
2008 22.33
2009 20.27
2010 15.92
2011 15.57
2012 10.76
2013 8.54
2014 9.27
2015 7.53
2016 6.65
2017 6.87
2018 6.71
2019 7.52
2020 6.44

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts