OVERALL BALANCE OF PAYMENTS
In the fourth quarter of 2016, Malaysia's Balance of Payments recorded a surplus on current account of RM12.2 billion compared to RM6.0 billion in the previous quarter. Meanwhile, financial account posted a net outflow of RM13.2 billion (Q3 2016: net outflow RM6.3 billion) and international reserves of Bank Negara Malaysia increased by RM19.2 billion (Q3 2016: increase by RM14.6 billion).
The higher surplus in current account balance was mainly supported by higher surplus on goods account RM31.4 billion (Q3 2016 : surplus RM26.5 billion) and lower deficit on income account RM13.1 billion (Q3 2016 : deficit RM15.4 billion).
The higher net outflow in financial account mainly due to higher net outflow in portfolio investment RM22.3 billion (Q3 2016: net outflow RM10.6 billion). As for investment flows, Direct Investment Abroad (DIA) recorded net outflow of RM4.9 billion (Q3 2016: net outflow RM3.6 billion), while Foreign Direct Investment (FDI) in Malaysia posted net inflow of RM10.8 billion (Q3 2016: net inflow RM6.5 billion).
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
16 February 2017
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