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. source: Department of Statistics, Malaysia

Current Account in Malaysia averaged 14886.65 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 July of 2022.

Current Account in Malaysia is expected to be 15000.00 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
2022-02-11 04:00 AM Q4 MYR15.2B MYR11.6B MYR16.5B
2022-05-13 04:00 AM Q1 MYR3.0B MYR15.3B MYR16.8B
2022-08-12 04:00 AM Q2 MYR3.0B


Related Last Previous Unit Reference
Balance of Trade 12619.00 23480.00 MYR Million May 2022
Current Account 2983.00 15332.00 MYR Million Mar 2022
Current Account to GDP 1.00 3.30 percent of GDP Dec 2020
Imports 107875.78 103947.43 MYR Million May 2022
Exports 120494.00 127585.00 MYR Million May 2022
Terms of Trade 110.90 112.50 points Apr 2022
Foreign Direct Investment 24375.00 24690.41 MYR Million Mar 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
2983.00 15332.00 39982.00 978.00 1999 - 2022 MYR Million Quarterly

News Stream
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
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