Malaysia current account

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Malaysia current account: 16195 (1673.82%)
Last Update: March 31, 2024

Malaysia current account closed down 16195 as of March 31, 2024 from 913 from the previous month and 12294 from last year.


Malaysia current account Analytics & Data




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Malaysia current account

DateValues
2024-03-31 16195
2023-12-31 913
2023-09-30 8216
2023-06-30 8316
2023-03-31 4281
2022-12-31 27510
2022-09-30 18985
2022-06-30 2887
2022-03-31 2983
2021-12-31 15332
2021-09-30 18212
2021-06-30 13241
2021-03-31 12294
2020-12-31 18629
2020-09-30 24844
2020-06-30 7556
2020-03-31 9500
2019-12-31 7500
2019-09-30 12091
2019-06-30 14340
2019-03-31 16919
2018-12-31 10739
2018-09-30 3271
2018-06-30 3421

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Malaysia current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accountmy.currentaccount16195.0913167432UPUP722024-03-31

Malaysia current account Factors

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Malaysia current account Historical Data

The MacroVar database offers free access to historical data for the Malaysia current account, 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 data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Malaysia current account

The current account of Malaysia refers to the country's balance of trade in goods and services, along with net income and transfer payments. A positive current account balance indicates that Malaysia is exporting more goods and services than it is importing, leading to a surplus in the country's overall trade balance. This surplus can be beneficial for Malaysia's economy as it can lead to increased foreign exchange reserves and improved economic stability. However, a consistently large surplus may also indicate that domestic consumption is low relative to production, which could potentially hinder long-term economic growth. Overall, monitoring and managing the current account balance is important for Malaysia to ensure sustainable economic development.

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