Malaysia’s current account surplus plunged to MYR 11.60 billion in the third quarter of 2021 from MYR 24.84 billion in the same period of the previous year. This was the smallest figure in five quarters, amid disruptions caused by the COVID-19 pandemic, with the surplus of goods account edging sown to MYR 41.18 billion from MYR 41.47 billion a year ago. Meanwhile, the gap of services account increased to MYR 15.22 billion from MYR 13.39 billion and that of primary income widened to MYR 11.26 billion from MYR 10.39 billion. At the same time, the secondary income posted a deficit of MYR 3.09 billion, swinging from a surplus of MYR 7.16 billion a year ago. In the June quarter, the current account surplus was recorded at MYR 14.41 billion. source: Department of Statistics, Malaysia
Current Account in Malaysia averaged 15012.78 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 December of 2021.
Current Account in Malaysia is expected to be 16500.00 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 14500.00 MYR Million in 2022 and 16500.00 MYR Million in 2023, according to our econometric models.