Malaysia’s current account surplus tumbled to MYR 4.40 billion in Q2 of 2022 from MYR 13.24 billion in the same period of the previous year. The surplus of goods account fell to MYR 34.03 billion from MYR 40.68 billion a year ago. At the same time, the deficit of primary income widened to MYR 14.74 billion from MYR 10.79 billion in the prior year and the shortfall of secondary income increased to MYR 2.60 billion from MYR 1.41 billion. Meantime, the gap of services account narrowed to MYR 12.27 billion from MYR 15.24 billion. source: Department of Statistics, Malaysia

Current Account in Malaysia averaged 14829.30 MYR Million from 1999 until 2022, 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. This page provides - Malaysia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Current Account in Malaysia is expected to be 12000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Current Account is projected to trend around 16500.00 MYR Million in 2023, according to our econometric models.

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Malaysia Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-05-13 04:00 AM Q1 MYR3.0B MYR15.3B MYR16.8B
2022-08-12 04:00 AM Q2 MYR4.4B MYR3B MYR1.8B
2022-11-11 04:00 AM Q3 MYR4.4B


Related Last Previous Unit Reference
Balance of Trade 21931.00 12698.00 MYR Million Jun 2022
Current Account 4418.00 2983.00 MYR Million Jun 2022
Current Account to GDP 3.80 1.00 percent of GDP Dec 2021
Imports 124229.17 107875.78 MYR Million Jun 2022
Exports 146160.00 120492.00 MYR Million Jun 2022
Terms of Trade 110.60 112.00 points Jun 2022
Foreign Direct Investment 17305.14 24375.00 MYR Million Jun 2022
Capital Flows 30373.00 -2263.00 MYR Million Mar 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
4418.00 2983.00 39982.00 978.00 1999 - 2022 MYR Million Quarterly

News Stream
Malaysia Q2 Current Account Surplus Plunges
Malaysia’s current account surplus tumbled to MYR 4.40 billion in Q2 of 2022 from MYR 13.24 billion in the same period of the previous year. The surplus of goods account fell to MYR 34.03 billion from MYR 40.68 billion a year ago. At the same time, the deficit of primary income widened to MYR 14.74 billion from MYR 10.79 billion in the prior year and the shortfall of secondary income increased to MYR 2.60 billion from MYR 1.41 billion. Meantime, the gap of services account narrowed to MYR 12.27 billion from MYR 15.24 billion. Regarding foreign direct investment, the latest figure was at MYR 17.3 billion in Q2, down from MYR 24.4 billion in Q1, amid the impact of both COVID-19 disruptions and the war in Ukrain, while still marking the seventh straight quarter of net inflow.
2022-08-12
Malaysia Current Account Surplus Plunges to Near 9-Year Low
Malaysia’s current account surplus tumbled to MYR 2.98 billion in Q1 of 2022 from MYR 11.92 billion in the same period of the previous year. This was the smallest figure since Q2 2013, as the surplus of goods account fell to MYR 25.57 billion from MYR 36.67 billion a year ago. At the same time, the gap of services account widened slightly to MYR 14.98 billion from MYR 14.78 billion, while the deficit of primary income surged to MYR 20.14 billion from MYR 6.28 billion in the prior year. Meantime, the shortfall of secondary income narrowed to MYR 2.45 billion from MYR 3.69 billion.
2022-05-13
Malaysia Q4 Current Account Surplus Largest in A Year
Malaysia’s current account surplus climbed to MYR 15.20 billion in the fourth quarter of 2021 from MYR 10.74 billion in the same period of the previous year. This was the largest figure in four quarters, as the economy recovered from the COVID-19 pandemic with the surplus of goods account soaring to MYR 51.77 billion from MYR 28.51 billion a year ago. Meanwhile, the deficit of secondary income narrowed to MYR 1.39 billion from MYR 2.71 billion. At the same time, the gap of services account gap widened to MYR 15.48 billion from MYR 14.05 billion in the prior year and that of primary income surged to MYR 19.74 billion from MYR 7.17 billion. For the full year, the surplus of current account came in at MYR 53.5 billion, down slightly from a surplus of MYR 60.0 billion in 2020.
2022-02-11