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).

CURRENT ACCOUNT

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).

FINANCIAL ACCOUNT

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). 

Download: Summary Table of Balance of Payments, Q3 2016 

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
11 November 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 : mkho[at]stats.gov.my