Malaysia - Current Account Balance





Malaysia: Current Account Balance

Mnemonic TAB.IMYS
Unit Mil. MYR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 20.5 %
Data 2020 Q2 7,555
2020 Q1 9,503

Series Information

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

Malaysia: Trade

Reference Last Previous Units Frequency
Balance of Goods Aug 2020 13,228 25,175 Mil. MYR, NSA Monthly
Exports of Goods Aug 2020 79,143 92,558 Mil. MYR, NSA Monthly
Imports of Goods Aug 2020 65,915 67,383 Mil. MYR, NSA Monthly
Current Account Balance 2020 Q2 7,555 9,503 Mil. MYR, NSA Quarterly
Exports of Goods and Services 2020 Q2 183,601 223,717 Mil. MYR, NSA Quarterly
Imports of Goods and Services 2020 Q2 170,159 202,796 Mil. MYR, NSA Quarterly
Net Exports 2020 Q2 13,442 20,920 Mil. MYR, NSA Quarterly
Real Exports of Goods and Services 2020 Q2 175,421 208,055 Mil. 2015 MYR, NSA Quarterly
Real Imports of Goods and Services 2020 Q2 160,655 189,461 Mil. 2015 MYR, NSA Quarterly
Real Net Exports 2020 Q2 14,766 18,594 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):