Malaysia’s current account surplus soared to MYR 19.0 billion in the fourth quarter of 2020 from MYR 7.5 billion in the same period of the previous year, as the surplus of goods account rose sharply to MYR 42.86 billion from MYR 32.28 billion a year ago. At the same time, the deficit of primary income narrowed to MYR 7.12 billion from MYR 15.24 billion and that of secondary income fell to MYR 2.53 billion from MYR 5.53 billion. Meanwhile, the services account gap surged to MYR 14.25 billion from MYR 4.0 billion. For full 2020, the country's current account surplus was at MYR 62.1 billion, the largest in nine years. source: Department of Statistics, Malaysia

Current Account in Malaysia averaged 15113.70 MYR Million from 1999 until 2020, 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 May of 2021.

Current Account in Malaysia is expected to be 14000.00 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 16500.00 in 12 months time. In the long-term, the Malaysia Current Account is projected to trend around 16500.00 MYR Million in 2022, according to our econometric models.

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Malaysia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
18965.00 26095.00 39982.00 978.00 1999 - 2020 MYR Million Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-05-13 04:00 AM Q1 MYR9.5B MYR7.6B MYR 12.5B
2020-08-14 04:00 AM Q2 MYR7.56B MYR9.5B MYR -3.5B
2020-11-13 04:00 AM Q3 MYR26.1B MYR7.6B MYR 6.5B
2021-02-11 04:00 AM Q4 MYR19B MYR26.1B MYR18B
2021-05-11 04:00 AM Q1 MYR19B MYR14B
2021-08-13 04:00 AM Q2
2021-11-13 04:00 AM Q3


News Stream
Malaysia Q4 Current Account Surplus Jumps
Malaysia’s current account surplus soared to MYR 19.0 billion in the fourth quarter of 2020 from MYR 7.5 billion in the same period of the previous year, as the surplus of goods account rose sharply to MYR 42.86 billion from MYR 32.28 billion a year ago. At the same time, the deficit of primary income narrowed to MYR 7.12 billion from MYR 15.24 billion and that of secondary income fell to MYR 2.53 billion from MYR 5.53 billion. Meanwhile, the services account gap surged to MYR 14.25 billion from MYR 4.0 billion. For full 2020, the country's current account surplus was at MYR 62.1 billion, the largest in nine years.
2021-02-11
Malaysia Q3 Current Account Surplus Largest in 9 Years
Malaysia’s current account surplus soared to MYR 26.1 billion in the third quarter of 2020 from MYR 12.10 billion in the same period of the previous year. This was the largest current account surplus since the September quarter of 2011, as the goods surplus jumped to MYR 41.49 billion from MYR 29.37 billion a year ago. Also, the secondary income posted a surplus of MYR 7.09 billion, reversing from a shortfall of MYR MYR 5.53 billion. At the same time, the deficit of primary income narrowed to MYR 9.16 billion from MYR 9.94 billion the prior year. Meanwhile, the services account gap widened sharply to MYR 13.32 billion from MYR 1.82 billion.
2020-11-13
Malaysia Q2 Current Account Surplus Narrows Sharply
Malaysia’s current account surplus fell sharply to MYR 7.56 billion in the second quarter of 2020 from MYR 14.34 billion in the same period of the previous year. This was the smallest current account surplus since the third quarter of 2018, as the goods surplus dropped to MYR 25.91 billion from MYR 28.29 billion a year ago, while the services gap widened sharply to MYR 12.47 billion from MYR 3.43 billion. Meantime, the deficit of primary income narrowed to MYR 3.95 billion from MYR 5.86 billion in the prior year, and that of secondary income fell noticeably to MYR 1.93 billion from MYR 4.66 billion.
2020-08-14
Malaysia Q1 Current Account Narrows Sharply
Malaysia’s current account surplus fell sharply to MYR 9.50 billion in the first quarter of 2020 from MYR 16.92 billion in the same period of the previous year. The goods surplus dropped to MYR 28.87 billion from MYR 33.40 billion a year ago, while the services gap widened to MYR 7.95 billion from MYR 1.67 billion. Meantime, the deficit of primary income narrowed to MYR 5.99 billion from MYR 9.23 billion in the prior year, and that of secondary income fell slightly to MYR 5.42 billion from MYR 5.58 billion.
2020-05-13

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).