OVERALL BALANCE OF PAYMENTS
In the third quarter 2017, Malaysia's Balance of Payments recorded a larger surplus of RM12.5 billion as compared to RM9.6 billion in the previous quarter. Meanwhile, financial account recorded a net outflow RM1.2 billion from a net inflow of RM7.3 billion. The international reserves of Bank Negara Malaysia increased by RM2.9 billion in Q3 2017 (Q2 2017: increased RM2.7 billion).
CURRENT ACCOUNT BALANCE
The current account balance increased by RM2.9 billion from previous quarter mainly due to further expansion in goods accounts of RM31.7 billion (Q2 2017: surplus RM27.0 billion). Meanwhile, services account also contributed by registering lower deficit of RM4.9 billion from RM5.0 billion in the previous quarter.
The financial account recorded a net outflow of RM1.2 billion from a net inflow of RM7.3 billion mainly due to reversal of portfolio investment to net outflow of RM5.1 billion (Q2 2017: net inflow RM16.0 billion). As for direct investment flow, Direct Investment Abroad (DIA) posted a net outflow of RM5.0 billion (Q2 2017: net outflow RM15.4 billion), while Foreign Direct Investment (FDI) in Malaysia recorded a higher net inflow of RM11.2 billion (Q2 2017: net inflow RM8.3 billion).
Download: Summary Table of Balance of Payments, Q3 2017
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
17 November 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