Malaysia’s current account recorded a surplus of RM11.5 billion as compared to RM14.3 billion in the previous quarter. This was led by surplus in Goods Account and lower deficit in Services Account, which was primarily backed by better performance in travel activities. Nevertheless, the overall narrower surplus was influenced by widening deficit in Primary Income due to higher dividend earned by foreign companies. Meanwhile, financial account recorded a net outflow of RM1.3 billion (Q2 2019: net outflow RM18.6 billion) due to higher outflow in portfolio investment. For the period of January to September 2019, the surplus in current account reached RM42.1 billion.

Foreign Direct Investment (FDI) was registered a net inflow of RM2.9 billion in this quarter which was lower than RM4.4 billion in previous quarter. The FDI were mainly from Netherlands, Singapore and Japan. Similarly, Direct Investment Abroad (DIA) registered a lower net outflow of RM3.7 billion from RM12.6 billion in preceding quarter. The main destinations of DIA were Australia, Netherlands and Canada.

The international reserves of Bank Negara Malaysia stood at RM431.2 billion as compared to RM425.4 billion in last quarter.

Download: Summary Table of Balance of Payments, Q3 2019  Quarterly Bulletin FDI and DIA, Q3 2019 

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
 DrUzir_Mahidin    Dr_Uzir

15 November 2019

Contact person:

Rohaida binti Mohamad 
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : rohaida.mohamad[at]dosm.gov.my