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. source: Department of Statistics, Malaysia
Current Account in Malaysia averaged 15050.59 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 October of 2021.
Current Account in Malaysia is expected to be 17350.00 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 2022, according to our econometric models.