Malaysia’s current account surplus narrowed to MYR 7.64 billlion in the fourth quarter of 2019 from MYR 10.84 billion in the same period of the previous year. The goods deficit was little-changed at MYR 32.81 billion, compared to MYR 32.73 billion a year ago, while the services gap widened to MYR 3.95 billion from MYR 3.76 billion. In addition, the primary income deficit rose to MYR 15.68 billion from MYR 12.92 billion a year earlier and the secondary income gap increased to MYR 5.53 billion from MYR 5.22 billion. Considering 2019 full year, the current account surplus widened to MYR 49.74 billion, the largest since 2012.

Current Account in Malaysia averaged 15059.79 MYR Million from 1999 until 2019, 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. source: Department of Statistics, Malaysia

Current Account in Malaysia is expected to be 12500.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Malaysia to stand at 9500.00 in 12 months time. In the long-term, the Malaysia Current Account is projected to trend around 9100.00 MYR Million in 2021, according to our econometric models.


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Malaysia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
7643.00 11452.00 39982.00 978.00 1999 - 2019 MYR Million Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-05-16 04:00 AM Q1 MYR16.4B MYR10.8B MYR12.7B
2019-08-16 04:00 AM Q2 MYR14.3B MYR16.4B MYR5.1B
2019-11-15 04:00 AM Q3 MYR11.5B MYR14.3B MYR4.5B
2020-02-12 04:00 AM Q4 MYR7.6B MYR11.5B MYR 9.8B
2020-05-13 04:00 AM Q1 MYR7.6B MYR 12.5B
2020-08-12 04:00 AM Q2 MYR 5.5B
2020-11-13 04:00 AM Q3 MYR 10B


News Stream
Malaysia Current Account Surplus Smallest in a Year
Malaysia’s current account surplus narrowed to MYR 7.64 billlion in the fourth quarter of 2019 from MYR 10.84 billion in the same period of the previous year. The goods deficit was little-changed at MYR 32.81 billion, compared to MYR 32.73 billion a year ago, while the services gap widened to MYR 3.95 billion from MYR 3.76 billion. In addition, the primary income deficit rose to MYR 15.68 billion from MYR 12.92 billion a year earlier and the secondary income gap increased to MYR 5.53 billion from MYR 5.22 billion. Considering 2019 full year, the current account surplus widened to MYR 49.74 billion, the largest since 2012.
2020-02-12
Malaysia Q3 Current Account Surplus Soars
Malaysia’s current account surplus surged to MYR 11.45 billion in the third quarter of 2019 from MYR 7.78 billion in the same period the preceding year. The goods account surplus increased to MYR 30.77 billion from MYR 26.37 billion a year ago, amid sustained demand from key trade parteners. In addition, the deficit of services account narrowed to MYR 1.63 billion from MYR 2.89 billion on the back of higher travel account surpluses. Also, the primary income gap narrowed to MYR 12.17 billion from MYR 15.52 billion. Meanwhile, the secondary income gap widened to MYR 5.52 billion from MYR 4.63 billion.
2019-11-15
Malaysia Current Account Surplus Jumps in Q2
Malaysia’s current account surplus widened to MYR 14.26 billion in the second quarter of 2019 from MYR 2.80 billion in the same period the preceding year, as the goods surplus increased to MYR 28.10 billion from MYR 25.92 billion. In addition, the services deficit narrowed to MYR 3.44 billion from MYR 5.57 billion a year ago and the primary income gap decreased to MYR 5.54 billion from MYR 12.75 billion. The secondary income gap was little-changed at MYR 4.87 billion.
2019-08-16
Malaysia Q1 Current Account Surplus Largest in 5 Years
Malaysia’s current account surplus rose to MYR 16.39 billion in the three months to March 2019 from MYR 13.61 billion in the same period the preceding year. This was the largest current account surplus since the first quarter 2014, when the figure was at MYR 19.82 billion. In the March quarter, the surplus of good account declined slightly to 33.85 billion from MYR 34.16 billion a year ago. At the same time, the gap of services account narrowed sharply to MYR 1.84 billion from MYR 5.51 billion, while the deficit of primary income was little-changed MYR 10.12 billion from MYR 10.21 billion. Meantime, the gap of secondary income widened to MYR 5.51 billion from MYR 4.64 billion a year earlier. In 2018, the current account surplus was at MYR 35.77 billion, down from a surplus of MYR 40.28 billion in the prior year.
2019-05-16

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).