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Malaysia – 4Q 2019 Balance Of Payments
12/02/2020 06:20 pm MYT
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In 4Q 2019, the current account surplus narrowed on a quarter-on-quarter and year-on-year basis – see table 1. As a percentage of GDP, the current account surplus fell to 1.9% – see figure 1. On the other hand, the financial account recorded a net outflow of RM0.6 bln, mainly due to the outflow of portfolio investment – see table 1. The overall balance of payments registered a surplus of RM2.1 bln.

 

 

The deficit in the services account increased from RM3.8 bln in 4Q 2018 to RM4.0 bln in 4Q 2019, due to higher deficits in the charges for the use of intellectual property segment and lower surplus in the travel segment – see table 2.

 

 

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