Malaysia’s current account surplus widened to MYR 14.26 billion in the second quarter of 2019 from MYR 2.80 billion in the same period the preceding year, as the goods surplus increased to MYR 28.10 billion from MYR 25.92 billion. In addition, the services deficit narrowed to MYR 3.44 billion from MYR 5.57 billion a year ago and the primary income gap decreased to MYR 5.54 billion from MYR 12.75 billion. The secondary income gap was little-changed at MYR 4.87 billion. Current Account in Malaysia averaged 15194.23 MYR Million from 1999 until 2019, reaching an all time high of 39982 MYR Million in the third quarter of 2008 and a record low of 978 MYR Million in the second quarter of 2013.

Current Account in Malaysia is expected to be 4500.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Malaysia to stand at 5500.00 in 12 months time. In the long-term, the Malaysia Current Account is projected to trend around 9100.00 MYR Million in 2020, according to our econometric models.

Malaysia Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-16 04:00 AM Current Account Q3 MYR3.8B MYR3.9B MYR 7.1B
2019-02-14 04:00 AM Current Account Q4 MYR10.8B MYR3.8B MYR3.4B
2019-05-16 04:00 AM Current Account Q1 MYR16.4B MYR10.8B MYR12.7B
2019-08-16 04:00 AM Current Account Q2 MYR14.3B MYR16.4B MYR5.1B
2019-11-15 04:00 AM Current Account Q3 MYR14.3B MYR4.5B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 10300.00 9100.00 16313.37 -2880.61 MYR Million [+]
Current Account 14257.00 16387.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 2.30 3.00 17.10 -13.20 percent [+]
Imports 65900.00 75062.74 80197.13 313.60 MYR Million [+]
Exports 76200.00 84145.10 96363.90 328.10 MYR Million [+]
External Debt 931083.27 903679.82 933396.80 9063.00 MYR Million [+]
Terms of Trade 97.60 96.90 117.20 92.50 Index Points [+]
Tourism Revenues 84135.20 82165.00 84135.20 8580.50 MYR Million [+]
Tourist Arrivals 2098267.00 2159517.00 2806565.00 459374.00 [+]
Gold Reserves 38.90 38.90 38.90 35.46 Tonnes [+]
Crude Oil Production 617.00 640.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 2.70 3.33 3.58 0.00 [+]
Capital Flows -18560.00 -13823.00 51436.00 -71537.00 MYR Million [+]
Foreign Direct Investment 4395.00 21726.00 37325.00 2452.00 MYR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Malaysia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Malaysia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Current Account - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
14257.00 16387.00 39982.00 978.00 1999 - 2019 MYR Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 13.32 May/19
France -755.00 Jun/19
Germany 20600.00 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 2599.00 May/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


Related

Latest