OVERALL BALANCE OF PAYMENTS
In the second quarter 2016, Malaysia's Balance of Payments recorded a surplus in current account of RM1.9 billion compared to RM5.0 billion in the previous quarter. In the meantime, financial account posted a net inflow of RM9.5 billion (Q1 2016: RM5.8 billion) and international reserves of Bank Negara Malaysia increased by RM8.8 billion (Q1 2016: decrease by RM27.6 billion).
CURRENT ACCOUNT BALANCE
The decrease in current account balance mainly reflected by lower surplus in goods account of RM19.8 billion (Q1 2016 : surplus of RM23.5 billion) and higher deficit in income account of RM13.3 billion (Q1 2016 : deficit of RM11.6 billion). However, services account recorded lower deficit of RM4.6 billion (Q1 2016: deficit of RM6.8 billion).
The financial account posted a higher net inflow mainly due to a reversal in other investment of RM4.1 billion (Q1 2016: net outflow RM11.5 billion). As for investment flows, Direct Investment Abroad (DIA) posted a net outflow of RM3.5 billion (Q1 2016: net outflow of RM11.3 billion), while Foreign Direct Investment (FDI) in Malaysia recorded a net inflow of RM8.8 billion (Q1 2016: net inflow of RM15.0 billion).
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 August 2016
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my