Balance of Payments

Overview

Malaysia’s Current Account Balance (CAB) in the third quarter of 2024 recorded a surplus of RM2.2 billion, mainly supported by net exports of Goods and lower deficit in Services. Meanwhile, Financial Account switched to a net outflow of RM7.5 billion as against a net inflow of RM17.1 billion in the previous quarter, owing to outflows in Other investment and Direct investment. The International reserves stood at RM491.5 billion (as at end of Q2 2024: RM537.2 billion). 

Foreign Direct Investment (FDI) registered a higher net inflow of RM14.5 billion as compared to RM9.1 billion in the preceding quarter. Direct Investment Abroad (DIA) recorded a higher net outflow of RM18.9 billion as against to RM5.3 billion in the previous quarter.

The full publication of Quarterly Balance of Payments, Third Quarter 2024 can be downloaded through eStatistik portal.

 

Released by:

DEPARTMENT OF STATISTICS MALAYSIA

15 November 2024

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