Malaysia’s current account surplus narrowed to MYR 10.83 billion in the fourth quarter of 2018 from MYR 13.92 billion in the same period of the previous year. The goods surplus decreased to MYR 33.03 billion from MYR 34.06 billion a year ago. In addition, the deficit of both primary (MYR 12.93 billion from MYR 8.41 billion) and secondary income (4.93 billion from MYR 4.76 billion) widened. Meanwhile, the services account gap narrowed to MYR 4.34 billion from MYR 6.97 billion a year earlier. Considering 2018 as a whole, the current account surplus declined to MYR 35.77 billion from MYR 40.28 billion in 2017. Current Account in Malaysia averaged 15252.23 MYR Million from 1999 until 2018, 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.

Current Account in Malaysia is expected to be 12700.00 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 11300.00 in 12 months time. In the long-term, the Malaysia Current Account is projected to trend around 13200.00 MYR Million in 2020, according to our econometric models.

Malaysia Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-05-17 04:00 AM Current Account MYR15.00B MYR13.9B MYR 11.4B
2018-08-17 04:00 AM Current Account MYR3.9B MYR15B MYR 13.5B
2018-11-16 04:00 AM Current Account MYR3.8B MYR3.9B MYR 7.1B
2019-02-14 04:00 AM Current Account MYR10.8B MYR3.8B MYR3.4B
2019-05-16 04:00 AM Current Account MYR10.8B 12700
2019-08-16 04:00 AM Current Account 11800
2019-11-15 04:00 AM Current Account 11500


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 11061.72 11514.19 16313.37 -2880.61 MYR Million [+]
Current Account 10834.00 3784.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 2.30 3.00 17.10 -13.20 percent [+]
Imports 55543.07 73885.66 80197.13 313.60 MYR Million [+]
Exports 66604.80 85399.90 96363.90 328.10 MYR Million [+]
External Debt 924887.22 947877.65 947877.65 9063.00 MYR Million [+]
Terms of Trade 98.00 98.30 117.20 92.50 Index Points [+]
Tourism Revenues 84135.20 82200.00 84135.20 8580.50 MYR Million [+]
Tourist Arrivals 2352422.00 1989842.00 2806565.00 459374.00 [+]
Gold Reserves 38.90 38.90 38.90 35.46 Tonnes [+]
Crude Oil Production 650.00 654.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 2.70 3.33 3.58 0.00 [+]
Capital Flows 164.26 9114.33 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 12882.00 4299.00 37325.00 2452.00 MYR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides - Malaysia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Current Account - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10834.00 3784.00 39982.00 978.00 1999 - 2018 MYR Million Quarterly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


Related

Latest