Current Account in Malaysia

Malaysia Current Account | Economic News & Forecasts

Malaysia - Current Account

The economy lost some impetus in Q1, after accelerating in the final quarter of 2018. The slowdown was driven by a contraction in fixed investment, slower growth in private spending following a surge in Q4, and a weaker external sector, while robust public spending limited the slowdown. On a more positive note, wage growth in the manufacturing and services sectors comfortably outpaced inflation in Q1. Moving to Q2, growth should be fairly stable as more expansionary monetary policy shores up domestic demand. The IHS manufacturing PMI edged higher in April, on stronger business sentiment and new export orders. In other news, in mid-May the Central Bank outlined several new initiatives aimed at boosting the efficiency and liquidity of domestic financial markets, which bodes well for the private sector.

Malaysia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)3.5  4.4  3.0  2.4  3.0  

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Malaysia Current Account Chart


Malaysia Current Account
Note: Current account balance as % of GDP.
Source: Department of Statistics Malaysia and FocusEconomics calculations.

Malaysia Facts

ValueChangeDate
Bond Yield3.730.15 %Jun 14
Exchange Rate4.170.0 %Jun 14
Stock Market1,639-0.29 %Jun 14

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