Malaysia’s current account surplus jumped to MYR 12.3 billion in the first quarter of 2021 from MYR 8.8 billion in the same period of the previous year, as the surplus of goods account rose markedly to MYR 36.61 billion from MYR 28.85 billion a year ago. At the same time, the deficit of primary income narrowed to MYR 5.73 billion from MYR 7.19 billion and that of secondary income fell to MYR 3.64 billion from MYR 5.18 billion. Meanwhile, the services account gap surged to MYR 14.95 billion from MYR 7.64 billion. In 2020, the country's current account surplus was at MYR 62.1 billion, the largest in nine years. source: Department of Statistics, Malaysia
Current Account in Malaysia averaged 15077.54 MYR Million from 1999 until 2021, 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 July of 2021.
Current Account in Malaysia is expected to be 19000.00 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 15000.00 in 12 months time. In the long-term, the Malaysia Current Account is projected to trend around 16500.00 MYR Million in 2022, according to our econometric models.