Capital Flows Atlas

Countries · Asia

Malaysia

Malaysia is a major electronics and semiconductor exporter, and a BRICS partner country.

At a glance

Population, 202536.0m
GDP, 2025$472.2bn$13,125 per person
Real GDP growth, 2025+5.2%Inflation: 1.4%
Current account, 2025+1.6% of GDP+$7.6bn
Reserves incl. gold, 2025$125.6bn

Net inflows of foreign direct investment were $21.6bn in 2025, against an average of $11.7bn a year in 2015–2024. Investors based in Malaysia put a net $9.09bn into direct investment abroad in the same year, less than Malaysia received. Foreign investors were net sellers of $2.71bn of shares in Malaysia in 2025. Malaysia ran a current account surplus in every year shown, which means it was a net lender to the rest of the world. Investors in Malaysia held $20.0bn of US Treasury securities at the end of August 2026, +$2.5bn on a year earlier, and $70.0bn of US shares.

Direct investment into Malaysia has grown with investment in chip packaging and data centres. Malaysia has run a current account surplus every year since 2015 in the World Bank figures.

Malaysia's holdings of US securities

Treasuries, shares and bonds issued in the US and held by investors in Malaysia.

US Treasuries held, Aug 2026$20.0bn+$2.5bn on Aug 2025 · rank 38 of 76
US shares held, Aug 2026$70.0bn+$14.6bn on Aug 2025 · rank 32 of 76
All long-term US securities held, Aug 2026$111.0bnCorporate bonds: $1.70bn · agency bonds: $19.5bn
Net purchases, 12 months to Aug 2026−$1.2bn sharesTreasuries: +$3.1bn · corporate bonds: −$0.1bn

Holdings of US securities

End of month, Aug 2025 to Aug 2026, $bn.

Net purchases of long-term US securities

Each month, $bn. Positive means net buying.

The US Treasury records holdings by the country where securities are held in custody, which is not always the owner's country. Why this matters.

Direct and equity investment

Annual net flows, $bn. Direct investment means building or buying businesses; portfolio equity means buying listed shares and fund units.

Net flows by year

Direct investment into and out of Malaysia, and foreign buying of its shares, $bn.

Current account and reserves

The balance of trade and income with the rest of the world, and the reserves held by the central bank.

Current account balance

Each year, $bn. A surplus means the country lends to the rest of the world.

Foreign exchange reserves, including gold

End of year, $bn.

Remittances

Money sent home by people working abroad, compared with direct investment, $bn.

Remittances and direct investment

Each year, $bn.

The economy

GDP

Current US dollars, $bn. Dollar figures also move with exchange rates.

Growth and inflation

Real GDP growth and consumer price inflation, per cent.

All figures

Annual figures from the World Bank, as published. Download them for every country on the data page.

Indicator20152016201720182019202020212022202320242025
Population (m)31.2331.7932.3632.9133.4433.8934.2834.7035.1335.5635.98
GDP ($bn)301.4301.3319.1358.8365.2337.5373.8407.8399.9422.2472.2
GDP per person ($)9,6499,4779,86310,90210,9209,95810,90311,75511,38611,87413,125
Real GDP growth (%)5.14.45.84.84.4−5.53.39.03.55.15.2
Inflation (%)2.12.13.90.90.7−1.12.53.42.51.81.4
Current account ($bn)9.077.138.968.0312.8014.1414.4912.744.415.967.60
Current account (% GDP)3.02.42.82.23.54.23.93.11.11.41.6
Reserves incl. gold ($bn)95.394.5102.4101.5103.6107.6116.9114.7113.5116.2125.6
Direct investment in ($bn)9.8613.479.378.309.154.0620.2515.039.6517.7221.62
Direct investment out ($bn)10.5410.105.615.777.533.3012.7811.817.8015.209.09
Portfolio equity in ($bn)−4.47−0.554.54−1.17−1.67−5.64−0.434.170.484.98−2.71
Remittances ($bn)1.641.601.651.691.601.431.551.626.727.618.94

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