Current account balance in Malaysia
Malaysia: Current account balance was 7.15 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Malaysia, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Malaysia is 7.15 billion BoP, current US$, measured in 2024.
That represents a change of up 14.3% on the previous year and down 51.8% over ten years.
Over the whole period, current account balance in Malaysia peaked at 38.91 billion BoP, current US$ in 2008 and was at its lowest, -8.64 billion BoP, current US$, in 1995.
That places Malaysia 29th out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 178.56 million BoP, current US$ | -538.41 million BoP, current US$ | 941.31 million BoP, current US$ | 6 |
| 1980s | -740.37 million BoP, current US$ | -3.59 billion BoP, current US$ | 2.58 billion BoP, current US$ | 10 |
| 1990s | -1.16 billion BoP, current US$ | -8.64 billion BoP, current US$ | 12.60 billion BoP, current US$ | 10 |
| 2000s | 19.81 billion BoP, current US$ | 7.19 billion BoP, current US$ | 38.91 billion BoP, current US$ | 10 |
| 2010s | 14.65 billion BoP, current US$ | 7.13 billion BoP, current US$ | 32.49 billion BoP, current US$ | 10 |
| 2020s | 10.96 billion BoP, current US$ | 6.26 billion BoP, current US$ | 14.49 billion BoP, current US$ | 5 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- External balance on goods and services as a percent of GDP 5.5% (2025)
- Inflation of consumer prices 1.4% (2025)
- GDP per capita 12,352 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 22.1% (2025)
- Gross domestic product (GDP) 444.41 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 12,352 constant 2015 US$ (2025)
- DEC alternative conversion factor 4.28 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.77 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -2.51 billion current US$ (2025)
- Taxes less subsidies on products 26.06 billion current LCU (2025)
Frequently asked questions
- What is current account balance in Malaysia?
- Current account balance in Malaysia was 7.15 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Malaysia?
- The highest recorded value was 38.91 billion BoP, current US$ in 2008.
- What is the lowest current account balance recorded in Malaysia?
- The lowest recorded value was -8.64 billion BoP, current US$ in 1995.
- How does Malaysia rank for current account balance?
- Malaysia ranks 29th out of 198 countries with data for 2024.
- Is current account balance rising or falling in Malaysia?
- Over the last ten years it is down 51.8%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.