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.