Malaysia current account to gdp

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Malaysia current account to gdp: 2.7 (-12.9%)
Last Update: December 31, 2023

Malaysia current account to gdp closed down 2.7 as of December 31, 2023 from 3.1 from the previous month and 11.9 from last year.


Malaysia current account to gdp Analytics & Data




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Malaysia current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Malaysia current account to gdp

DateValues
2023-12-31 2.7
2022-12-31 3.1
2021-12-31 3
2020-12-31 4.2
2019-12-31 3.3
2018-12-31 2.3
2017-12-31 3
2016-12-31 1.3
2015-12-31 3.1
2014-12-31 4.5
2013-12-31 3.6
2012-12-31 5.4
2011-12-31 11.9
2010-12-31 11.3
2009-12-31 15.5
2008-12-31 17.1
2007-12-31 15.9
2006-12-31 16.4
2005-12-31 15
2004-12-31 12.1
2003-12-31 12
2002-12-31 8
2001-12-31 7.9
2000-12-31 9

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Malaysia current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdpmy.currentaccountgdp2.73.1-13-77DownDown02023-12-31

Malaysia current account to gdp Factors

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Malaysia current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Malaysia current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Malaysia current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Malaysia current account to gdp

The current account to GDP ratio in Malaysia is a measure of the country's trade balance in relation to its overall economic output. A positive current account to GDP ratio indicates that the country is exporting more goods and services than it is importing, leading to a surplus in its balance of trade. This can be beneficial for the economy as it can lead to increased foreign exchange reserves and stimulate economic growth. Conversely, a negative current account to GDP ratio suggests that the country is importing more than it is exporting, which can put pressure on its currency and lead to a deficit in its balance of trade. It is important for Malaysia to closely monitor its current account to GDP ratio to ensure a healthy balance in its trade relationships and overall economic stability.