Malaysia - Current Account Balance





Malaysia: Current Account Balance

Mnemonic TAB.IMYS
Unit Mil. MYR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 27.32 %
Data 2020 Q4 18,964
2020 Q3 26,095

Series Information

Source Department of Statistics Malaysia
Release Balance of Payments
Frequency Quarterly
Start Date 6/30/1999
End Date 12/31/2020

Malaysia: Trade

Reference Last Previous Units Frequency
Balance of Goods Jan 2021 16,602 20,693 Mil. MYR, NSA Monthly
Exports of Goods Jan 2021 89,625 95,732 Mil. MYR, NSA Monthly
Imports of Goods Jan 2021 73,023 75,038 Mil. MYR, NSA Monthly
Current Account Balance 2020 Q4 18,964 26,095 Mil. MYR, NSA Quarterly
Exports of Goods and Services 2020 Q4 237,984 224,629 Mil. MYR, NSA Quarterly
Imports of Goods and Services 2020 Q4 209,369 196,459 Mil. MYR, NSA Quarterly
Net Exports 2020 Q4 28,615 28,170 Mil. MYR, NSA Quarterly
Real Exports of Goods and Services 2020 Q4 226,066 216,987 Mil. 2015 MYR, NSA Quarterly
Real Imports of Goods and Services 2020 Q4 201,254 187,818 Mil. 2015 MYR, NSA Quarterly
Real Net Exports 2020 Q4 24,812 29,169 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)

Further reading

At IMF (SDDS):