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Malaysia’s Current Account Balance (CAB) in the fourth quarter of 2024 recorded a surplus of RM11.4 billion, mainly supported by net exports of Goods and lower deficit in Services. Meanwhile, Financial Account registered a lower net outflow of RM5.8 billion as compared to RM7.5 billion in the previous quarter, mainly driven by outflows in Portfolio investment. The International reserves stood at RM520.1 billion (as at end of Q3 2024: RM491.5 billion).
Foreign Direct Investment (FDI) registered a net inflow of RM18.4 billion as compared to RM14.5 billion in the preceding quarter. Direct Investment Abroad (DIA) recorded a net outflow of RM0.7 billion as against to RM18.9 billion in the previous quarter.
In 2024, the CAB reached a surplus of RM32.8 billion, while the Financial account recorded a net outflow of RM14.8 billion. FDI inflows climbed to RM47.4 billion as against RM40.4 billion in 2023. Meanwhile, DIA registered a net outflow of RM36.4 billion as compared to RM40.6 billion in the previous year.
The full publication of Quarterly Balance of Payments, Fourth Quarter 2024 can be downloaded through eStatistik portal.
Released by:
DEPARTMENT OF STATISTICS MALAYSIA
14 February 2024
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