OVERALL BALANCE OF PAYMENTS
In the third quarter of 2016, Malaysia's Balance of Payments recorded a surplus on current account of RM6.0 billion compared to RM1.9 billion in the previous quarter. Meanwhile, financial account posted a net outflow of RM6.3 billion (Q2 2016: net inflow RM9.5 billion) and international reserves of Bank Negara Malaysia increased by RM14.6 billion (Q2 2016: increase by RM8.8 billion).
The increase in current account balance was mainly reflected by a higher surplus on goods account RM26.5 billion (Q2 2016 : surplus RM19.8 billion) and a lower deficit on secondary income account RM4.6 billion (Q2 2016 : deficit RM5.1billion).
The financial account posted a turnaround to net outflow mainly due to a reversal of portfolio investment to net outflow RM10.6 billion (Q2 2016: net inflow RM0.1 billion). As for investment flows, Direct Investment Abroad (DIA) registered a net outflow of RM3.6 billion (Q2 2016: net outflow RM3.5 billion), while Foreign Direct Investment (FDI) in Malaysia recorded a net inflow of RM6.5 billion (Q2 2016: net inflow RM8.8 billion).
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
11 November 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