Malaysia - Current Account Balance
Malaysia: Current Account Balance
| Mnemonic | TAB.IMYS | |
|---|---|---|
| Unit | Mil. MYR, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Quarterly | 97.23 % | |
| Data | 2023 Q4 | 253.4 |
| 2023 Q3 | 9,135 | |
Series Information
| Source | Department of Statistics Malaysia |
| Release | Balance of Payments |
| Frequency | Quarterly |
| Start Date | 6/30/1999 |
| End Date | 12/31/2023 |
Malaysia: Trade
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Balance of Goods | Mar 2024 | 12,809 | 11,240 | Mil. MYR, NSA | Monthly |
| Exports of Goods | Mar 2024 | 128,641 | 111,356 | Mil. MYR, NSA | Monthly |
| Imports of Goods | Mar 2024 | 115,832 | 100,116 | Mil. MYR, NSA | Monthly |
| Current Account Balance | 2023 Q4 | 253.4 | 9,135 | Mil. MYR, NSA | Quarterly |
| Exports of Goods and Services | 2023 Q4 | 330,917 | 310,989 | Mil. MYR, NSA | Quarterly |
| Imports of Goods and Services | 2023 Q4 | 307,509 | 288,626 | Mil. MYR, NSA | Quarterly |
| Net Exports | 2023 Q4 | 23,409 | 22,363 | Mil. MYR, NSA | Quarterly |
| Real Exports of Goods and Services | 2023 Q4 | 271,127 | 260,169 | Mil. 2015 MYR, NSA | Quarterly |
| Real Imports of Goods and Services | 2023 Q4 | 251,572 | 241,489 | Mil. 2015 MYR, NSA | Quarterly |
| Real Net Exports | 2023 Q4 | 19,555 | 18,680 | Mil. 2015 MYR, NSA | Quarterly |
Release Information
For Malaysia, detailed balance of payments under the BPM6 framework.
The main objective of compiling Malaysian's balance of payments estimates is to provide information on Malaysian's economic performance vis-a-vis the rest of the world in terms of the magnitude and types of transactions in Current Account and also in Capital and Financial Account flows. In particular, the Current Account position summarizes the country's transactions in goods, services, income and current transfers, and presents an overall view of Malaysia's earnings and spending in terms of foreign exchange for the period under review. As for the current account balance reflects the net provision of resources to or from the rest of the world, the estimates of financial account reflects whether Malaysia has net claims on or liabilities to the rest of the world.
Active:
- Framework: IMF BPM6
- Measurement: Millions of Malaysian ringgits (Mil. MYR)
- Adjustment: Not seasonally adjusted (NSA)
- Native frequency: Quarterly
- Start date: 1999Q2
Predecessor:
- BPM5 - 2000 to 2014
The balance of payments is a statistical statement designed to provide a systematic record of economic transactions between residents of Malaysia and the rest of the world for a specific time period. The Balance of Payments Manual Sixth Edition (BPM6) concept of residency is followed.
The analytical framework for the national presentation follows the BPM6. The broad categories of data presented under three headings, namely, the current account: imports and exports of goods, services, primary income and secondary income; the capital account: non-produced non-financial assets and capital transfers; the financial account: assets and liabilities of direct investment, assets and liabilities of portfolio investment, financial derivatives and other investments, reserve assets and net errors and omissions.
- Transactions coverage: Standards and guidelines recommended in BPM6 on residency and enterprise are closely followed and all external transactions of the economy are covered. The transactions between Labuan International Offshore Financial Centre (LIOFC) and non-residents are also included.
- Geographic coverage: Malaysia (there are no geographic exclusions)
