Malaysia Oil Consumption
1965 - 2023 | Yearly | Barrel/Day th | BP PLC
Key information about Malaysia Oil Consumption
- Malaysia Oil Consumption was reported at 929.556 Barrel/Day th in Dec 2023
- This records an increase from the previous number of 837.285 Barrel/Day th for Dec 2022
- Malaysia Oil Consumption data is updated yearly, averaging 346.876 Barrel/Day th from Dec 1965 to 2023, with 59 observations
- The data reached an all-time high of 929.556 Barrel/Day th in 2023 and a record low of 53.410 Barrel/Day th in 1965
- Malaysia Oil Consumption data remains active status in CEIC and is reported by BP PLC
- The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption
View Malaysia's Oil Consumption from 1965 to 2023 in the chart:
What was Malaysia's Oil Consumption in 2023?
Malaysia Oil Consumption was reported at 929.556 Barrel/Day th in Dec 2023 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 929.556 2023 | 837.285 2022 | 53.410 1965 | 929.556 2023 | Barrel/Day th | yearly | 1965 - 2023 |
Oil Consumption by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Barrel/Day th) | 439.929 2023 | yearly | 1965 - 2023 |
| Argentina (Barrel/Day th) | 689.692 2023 | yearly | 1965 - 2023 |
| Australia (Barrel/Day th) | 1,056.211 2023 | yearly | 1965 - 2023 |
| Austria (Barrel/Day th) | 234.051 2023 | yearly | 1965 - 2023 |
| Azerbaijan (Barrel/Day th) | 130.084 2023 | yearly | 1985 - 2023 |
| Bangladesh (Barrel/Day th) | 239.750 2023 | yearly | 1971 - 2023 |
| Belarus (Barrel/Day th) | 148.256 2023 | yearly | 1985 - 2023 |
| Belgium (Barrel/Day th) | 556.428 2023 | yearly | 1965 - 2023 |
| Brazil (Barrel/Day th) | 2,566.948 2023 | yearly | 1965 - 2023 |
| Bulgaria (Barrel/Day th) | 105.901 2023 | yearly | 1965 - 2023 |
| Canada (Barrel/Day th) | 2,351.163 2023 | yearly | 1965 - 2023 |
| Chile (Barrel/Day th) | 416.424 2023 | yearly | 1965 - 2023 |
| China (Barrel/Day th) | 16,576.537 2023 | yearly | 1965 - 2023 |
| Colombia (Barrel/Day th) | 484.497 2023 | yearly | 1965 - 2023 |
| Croatia (Barrel/Day th) | 69.922 2023 | yearly | 1990 - 2023 |
| Cyprus (Barrel/Day th) | 48.130 2023 | yearly | 1965 - 2023 |
| Czech Republic (Barrel/Day th) | 205.720 2023 | yearly | 1965 - 2023 |
| Denmark (Barrel/Day th) | 152.952 2023 | yearly | 1965 - 2023 |
| Ecuador (Barrel/Day th) | 287.414 2023 | yearly | 1965 - 2023 |
| Egypt (Barrel/Day th) | 741.902 2023 | yearly | 1965 - 2023 |
| Estonia (Barrel/Day th) | 26.663 2023 | yearly | 1985 - 2023 |
| Finland (Barrel/Day th) | 164.121 2023 | yearly | 1965 - 2023 |
| France (Barrel/Day th) | 1,347.801 2023 | yearly | 1965 - 2023 |
| Germany (Barrel/Day th) | 1,954.716 2023 | yearly | 1965 - 2023 |
| Greece (Barrel/Day th) | 296.870 2023 | yearly | 1965 - 2023 |
| Hong Kong SAR, China (Barrel/Day th) | 268.251 2023 | yearly | 1965 - 2023 |
| Hungary (Barrel/Day th) | 167.249 2023 | yearly | 1965 - 2023 |
| Iceland (Barrel/Day th) | 16.927 2023 | yearly | 1965 - 2023 |
| India (Barrel/Day th) | 5,446.103 2023 | yearly | 1965 - 2023 |
| Indonesia (Barrel/Day th) | 1,603.769 2023 | yearly | 1965 - 2023 |
| Iran (Barrel/Day th) | 1,816.840 2023 | yearly | 1965 - 2023 |
| Iraq (Barrel/Day th) | 772.000 2022 | yearly | 1965 - 2022 |
| Ireland (Barrel/Day th) | 147.605 2023 | yearly | 1965 - 2023 |
| Israel (Barrel/Day th) | 223.346 2023 | yearly | 1965 - 2023 |
| Italy (Barrel/Day th) | 1,221.035 2023 | yearly | 1965 - 2023 |
| Japan (Barrel/Day th) | 3,365.773 2023 | yearly | 1965 - 2023 |
| Kazakhstan (Barrel/Day th) | 348.999 2023 | yearly | 1985 - 2023 |
| South Korea (Barrel/Day th) | 2,796.973 2023 | yearly | 1965 - 2023 |
| Kuwait (Barrel/Day th) | 411.498 2023 | yearly | 1965 - 2023 |
| Latvia (Barrel/Day th) | 36.000 2022 | yearly | 1985 - 2022 |
| Lithuania (Barrel/Day th) | 65.140 2023 | yearly | 1985 - 2023 |
| Luxembourg (Barrel/Day th) | 49.000 2022 | yearly | 1965 - 2022 |
| North Macedonia (Barrel/Day th) | 24.000 2022 | yearly | 1990 - 2022 |
| Malaysia (Barrel/Day th) | 929.556 2023 | yearly | 1965 - 2023 |
| Mexico (Barrel/Day th) | 1,961.618 2023 | yearly | 1965 - 2023 |
| Morocco (Barrel/Day th) | 300.366 2023 | yearly | 1965 - 2023 |
| Netherlands (Barrel/Day th) | 850.292 2023 | yearly | 1965 - 2023 |
| New Zealand (Barrel/Day th) | 156.557 2023 | yearly | 1965 - 2023 |
| Norway (Barrel/Day th) | 213.354 2023 | yearly | 1965 - 2023 |
| Oman (Barrel/Day th) | 226.000 2022 | yearly | 1965 - 2022 |
| Pakistan (Barrel/Day th) | 393.519 2023 | yearly | 1965 - 2023 |
| Peru (Barrel/Day th) | 268.919 2023 | yearly | 1965 - 2023 |
| Philippines (Barrel/Day th) | 471.403 2023 | yearly | 1965 - 2023 |
| Poland (Barrel/Day th) | 699.843 2023 | yearly | 1965 - 2023 |
| Portugal (Barrel/Day th) | 216.321 2023 | yearly | 1965 - 2023 |
| Qatar (Barrel/Day th) | 369.968 2023 | yearly | 1965 - 2023 |
| Romania (Barrel/Day th) | 223.411 2023 | yearly | 1965 - 2023 |
| Russia (Barrel/Day th) | 3,634.960 2023 | yearly | 1985 - 2023 |
| Saudi Arabia (Barrel/Day th) | 4,051.907 2023 | yearly | 1965 - 2023 |
| Singapore (Barrel/Day th) | 1,359.343 2023 | yearly | 1965 - 2023 |
| Slovakia (Barrel/Day th) | 88.235 2023 | yearly | 1965 - 2023 |
| Slovenia (Barrel/Day th) | 54.000 2022 | yearly | 1990 - 2022 |
| South Africa (Barrel/Day th) | 522.421 2023 | yearly | 1965 - 2023 |
| Spain (Barrel/Day th) | 1,227.784 2023 | yearly | 1965 - 2023 |
| Sri Lanka (Barrel/Day th) | 98.000 2022 | yearly | 1965 - 2022 |
| Sweden (Barrel/Day th) | 240.332 2023 | yearly | 1965 - 2023 |
| Switzerland (Barrel/Day th) | 188.357 2023 | yearly | 1965 - 2023 |
| Taiwan (Barrel/Day th) | 839.579 2023 | yearly | 1965 - 2023 |
| Thailand (Barrel/Day th) | 1,221.144 2023 | yearly | 1965 - 2023 |
| Trinidad and Tobago (Barrel/Day th) | 32.645 2023 | yearly | 1965 - 2023 |
| Turkey (Barrel/Day th) | 1,135.886 2023 | yearly | 1965 - 2023 |
| Turkmenistan (Barrel/Day th) | 145.936 2023 | yearly | 1985 - 2023 |
| Ukraine (Barrel/Day th) | 203.797 2023 | yearly | 1985 - 2023 |
| United Arab Emirates (Barrel/Day th) | 1,139.420 2023 | yearly | 1965 - 2023 |
| United Kingdom (Barrel/Day th) | 1,324.763 2023 | yearly | 1965 - 2023 |
| United States (Barrel/Day th) | 18,983.557 2023 | yearly | 1965 - 2023 |
| Uzbekistan (Barrel/Day th) | 125.983 2023 | yearly | 1985 - 2023 |
| Venezuela (Barrel/Day th) | 396.384 2023 | yearly | 1965 - 2023 |
| Vietnam (Barrel/Day th) | 602.111 2023 | yearly | 1965 - 2023 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doMalaysia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.9 2023 | yearly | 1970 - 2023 |
| Consolidated Fiscal Balance (USD mn) | -23,593.390 2023 | yearly | 1970 - 2023 |
| Tax Revenue (USD mn) | 14,591.306 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 13.2 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| National Government Debt (USD mn) | 279,139.4 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Government Debt: % of GDP (%) | 64.6 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Forecast: Government Expenditure (MYR bn) | 560.959 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (MYR bn) | 1,896.039 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (MYR bn) | 473.200 2029 | yearly | 1990 - 2029 |
| Central Government Operations: ytd: Expenditure (MYR mn) | 32,536.300 Jan 2025 | monthly | Mar 2000 - Jan 2025 |
| Govt Debt: Domestic (MYR mn) | 964,866.032 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
| Govt Debt: External (MYR mn) | 282,747.513 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.104 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,949.1 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
| Total Exports (USD mn) | 29,195.6 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
| Total Exports Growth (%) | 0.6 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Aluminum: Exports (USD th) | 5,310,793.196 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 357,814.446 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 260,686.212 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 27,246.5 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
| Total Imports Growth (%) | 5.8 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Imports: Medicament (USD th) | 1,816,656.959 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 659,645.999 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 3,867.036 Jan 2025 | monthly | Jan 1976 - Jan 2025 |
| Total Imports from USA (USD mn) | 2,514.117 Jan 2025 | monthly | Jan 1976 - Jan 2025 |
| Total Exports to China (USD mn) | 2,984.704 Jan 2025 | monthly | Jun 1976 - Jan 2025 |
| Total Imports from China (USD mn) | 6,299.540 Jan 2025 | monthly | Jan 1976 - Jan 2025 |
| Trade Balance: sa (MYR mn) | 8,696.859 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
| Imports: Taiwan (MYR mn) | 4,690.016 Mar 2019 | monthly | Jan 1986 - Mar 2019 |
| Imports: Value: Machinery, Appliances and Parts (MYR mn) | 9,714.675 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Imports: Value: Optical and Scientific Equipment (MYR mn) | 2,468.999 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Imports: Value: Electrical & Electronic Products (MYR mn) | 46,315.717 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Exports: Value: Optical and Scientific Equipment (MYR mn) | 4,242.133 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Exports: Value: Machinery, Appliances and Parts (MYR mn) | 5,921.002 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Exports: Value: Electrical & Electronic Products (MYR mn) | 50,525.686 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Export Volume index; sa (2010=100) | 159.100 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Export Volume Index (EVI): Total (2010=100) | 152.700 Jan 2025 | monthly | Jan 2014 - Jan 2025 |
| Import Volume Index (IVI): Total (2010=100) | 212.700 Jan 2025 | monthly | Jan 2014 - Jan 2025 |
| Import Volume Index; sa (2010=100) | 212.900 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Terms of Trade: Total (2010=100) | 118.400 Jan 2025 | monthly | Jan 2014 - Jan 2025 |
| Imports: MG: Iron and Steel (MYR mn) | 2,475.839 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
| Import Value Index (2015=100) | 135.238 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 149.550 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,796.9 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Current Account Balance (USD mn) | 2,598.3 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Current Account Balance: % of GDP (%) | 2.3 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Foreign Direct Investment (USD mn) | 6,807.2 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Direct Investment: % of GDP (%) | 6.0 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Portfolio Investment (USD mn) | -3,719.393 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -3.3 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 3,594.3 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,399.936 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| External Debt (USD mn) | 301,013.7 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| External Debt: % of GDP (%) | 69.7 2024 | yearly | 2009 - 2024 |
| External Debt: Short Term (USD mn) | 128,734.2 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| External Debt: Short Term: % of GDP (%) | 29.8 2024 | yearly | 2009 - 2024 |
| Forecast: Current Account Balance (USD bn) | 18.696 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -1,489.713 2024 | yearly | 2001 - 2024 |
| BoP: CA: GS: Goods: Credit (MYR mn) | 294,451.880 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: GS: Goods: Debit (MYR mn) | 257,067.842 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc: Direct Investment: Liabilities (MYR mn) | 29,929.197 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc: Portfolio Investment (MYR mn) | -42,248.099 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: PI: Credit (MYR mn) | 21,102.780 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc (MYR mn) | -5,763.820 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Balance of Payment (BoP): Current Account (CA) (MYR mn) | 11,423.927 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc: Financial Derivatives (MYR mn) | 2,679.157 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: GS: Services: Net (MYR mn) | -149.421 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: PI: Debit (MYR mn) | 41,256.005 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: GS: Services: Credit (MYR mn) | 65,228.721 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: Secondary Income: Net (MYR mn) | -5,657.465 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc: Direct Investment (MYR mn) | 17,632.149 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc: Other Investment (MYR mn) | 16,172.973 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc: Direct Investment: Asset (MYR mn) | -12,297.048 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Reserves Assets (MYR mn) | -6,052.535 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Financial Acc: Portfolio Investment: Asset (MYR mn) | -25,895.045 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: GS: Services: Debit (MYR mn) | 65,378.142 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: Secondary Income: Credit (MYR mn) | 7,561.627 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Net Errors and Omissions (MYR mn) | 444.748 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: Primary Income (PI): Net (MYR mn) | -20,153.225 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: GS: Goods: Net (MYR mn) | 37,384.038 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: Capital Account (MYR mn) | -52.320 Dec 2024 | quarterly | Mar 2006 - Dec 2024 |
| BoP: Financial Acc: Portfolio Investment: Liabilities (MYR mn) | -16,353.054 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| BoP: CA: Secondary Income: Debit (MYR mn) | 13,219.092 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| External Debt: Serv: Repayment: ML Term: Total (MYR mn) | 129,353.000 2023 | yearly | 2010 - 2023 |
| External Debt: Serv: Interest: ML Term: Total (MYR mn) | 21,402.000 2023 | yearly | 2010 - 2023 |
| External Debt: Medium and Long Term (ML) (MYR mn) | 770,003.153 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Funds Inflow: Direct Investment Assets (DIA) (MYR mn) | 39,583.334 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.5 Jan 2025 | monthly | Dec 2005 - Jan 2025 |
| Household Debt: % of GDP (%) | 84.2 2023 | yearly | 2002 - 2023 |
| Non-Performing Loans (USD mn) | 7,387.794 Jan 2025 | monthly | Dec 2005 - Jan 2025 |
| Money Supply M1 (USD mn) | 148,884.318 Jan 2025 | monthly | Dec 1969 - Jan 2025 |
| Money Supply M2 (USD mn) | 556,882.484 Jan 2025 | monthly | Dec 1969 - Jan 2025 |
| M2 Growth (%) | 3.4 Jan 2025 | monthly | Dec 1970 - Jan 2025 |
| Reserve Requirement Ratio (%) | 2.0 Feb 2025 | monthly | Jan 1959 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 108,100.0 Feb 2025 | monthly | Apr 2000 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 2.000 Feb 2025 | monthly | Jan 1959 - Feb 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.3 May 2023 | monthly | Dec 1990 - May 2023 |
| Gold Reserves (USD mn) | 3,300.000 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| Total Deposits (USD mn) | 574,874.064 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Total Deposits Growth (%) | 3.1 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
| Domestic Credit (USD mn) | 634,429.5 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
| Domestic Credit Growth (%) | 4.3 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 15.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 320.164 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 719.033 Sep 2024 | quarterly | Jun 1964 - Sep 2024 |
| Household Debt (USD mn) | 334,335.4 2023 | yearly | 2002 - 2023 |
| Total Loans (USD mn) | 506,798.648 Jan 2025 | monthly | Dec 1996 - Jan 2025 |
| Total Loans Growth (%) | 5.66 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 116.24 Dec 2024 | quarterly | Dec 2001 - Dec 2024 |
| Money Supply M3 (MYR mn) | 2,492,236.559 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| Banking System: Demand Deposits: Business Enterprises (MYR mn) | 337,056.353 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Banking System: Demand Deposits (MYR mn) | 329,103.228 Oct 2018 | monthly | Jan 2007 - Oct 2018 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 74.602 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | 25.2 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
More Indicators for Malaysia
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