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Tuesday, 22 May 2018|
2013 Financial assets position reached RM1,354.0 billion
Exports 2015: Palm Oil and PO-based Products, RM63.2billion
Machinery & Transport Equipment was 41.8% of 2015 Exports

Quarterly Balance of Payments Performance, First Quarter 2016

Release Date : Friday 13, May 2016 1200

OVERALL BALANCE OF PAYMENTS

In the first quarter 2016, Malaysia's Balance of Payments recorded a lower surplus in current account of RM5.0 billion. Meanwhile, financial account recorded a net inflow of RM5.8 billion. The international reserves of Bank Negara Malaysia decreased by RM27.6 billion.

CURRENT ACCOUNT

The current account balance decreased by RM5.5 billion from previous quarter mainly due to a lower surplus in goods account of RM23.5 billion (Q4 2015: RM31.1 billion) and higher deficit of RM6.8 billion in services account. Moreover, primary income registered a narrowed net outlay of RM6.7 billion while secondary income account recorded a lower deficit of RM4.9 billion.

CAPITAL ACCOUNT

In Q1 2016, capital account registered lower deficit of RM9.0 million compared to RM15.0 million in the last quarter. This was due to lower payments in capital account debits by RM6.0 million. Year-on-year, capital account deficit widened by RM9.0 million from RM1.0 million in the same period last year.

FINANCIAL ACCOUNT

The financial account recorded a higher net inflow of RM5.8 billion from RM3.9 billion. All components recorded net inflow, except for other investment which posted a net outflow of RM11.5 billion.

Direct Investment Abroad (DIA) posted a higher net outflow of RM11.3 billion (Q4 2015: net outflow RM6.4 billion). Meanwhile, Foreign Direct Investment (FDI) in Malaysia recorded a higher net inflow of RM15.0 billion (Q4 2015: net inflow RM12.2 billion).

Year-on-year, financial account registered a turnaround to net inflow from net outflow of RM29.8 billion in Q1 2015. This was mainly due to a reversal in portfolio investment to net inflow RM13.1 billion (Q1 2015: net outflow RM7.9 billion). DIA posted lower net outflow by 0.1 per cent while FDI posted a higher net inflow by 52.4 per cent compared with last year for the same quarter.

RESERVE ASSETS

The international reserves of Bank Negara Malaysia decreased by RM27.6 billion in Q1 2016 to stood at RM381.5 billion (Q4 2015: RM409.1 billion).

Download: Summary Table of Balance of Payments, 2014 - 2016  

 

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
13 May 2016
 

 

Contact person:
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : [email protected]