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.

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Malaysia Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-08-13 04:00 AM Q2 MYR14.4B MYR12.29B MYR15B
2021-11-12 04:00 AM Q3 MYR11.6B MYR14.4B MYR17.4B
2022-02-11 04:00 AM Q4


Related Last Previous Unit Reference
Balance of Trade 26249.00 26129.00 MYR Million Oct/21
Current Account 11605.00 14411.00 MYR Million Sep/21
Current Account to GDP 1.00 3.30 percent of GDP Dec/20
Imports 88180.16 84704.00 MYR Million Oct/21
Exports 114429.40 110834.00 MYR Million Oct/21
Terms of Trade 106.70 105.90 points Oct/21
Foreign Direct Investment 12836.00 8243.00 MYR Million Sep/21
Capital Flows 22686.00 -7088.00 MYR Million Sep/21

News Stream
Malaysia Q1 Current Account Surplus Smallest in 5 Quarters
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.
2021-11-12
Malaysia Q2 Current Account Surplus Nearly Doubles
Malaysia’s current account surplus jumped to MYR 14.41 billion in the second quarter of 2021 from MYR 7.70 billion in the same period of the previous year, as the surplus of goods account climbed to MYR 40.67 billion from MYR 25.83 billion a year ago. At the same time, the deficit of secondary income narrowed to MYR 1.38 billion from MYR 1.94 billion. Meanwhile, the gap of services account increased to MYR 15.42 billion from MYR 12.37 billion and that of primary income widened sharply to MYR 9.46 billion from MYR 3.83 billion. In the March quarter, the current account surplus was recorded at MYR 12.29 billion.
2021-08-13
Malaysia Q1 Current Account Surplus Widens Sharply
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.
2021-05-11

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).