Malaysia Swings Back to Inflows as Net Capital Surplus Hits $9.1B in Q1 2026

Malaysia’s overall net capital flow reversed sharply into positive territory in the first quarter of 2026, signaling renewed investor appetite after a period of outflows. According to the latest data updated on 15 May 2026, the country posted a net capital inflow of $9.1 billion in Q1 2026, compared with a net outflow of $1.9 billion in the fourth quarter of 2025.

The turnaround marks a significant shift in cross-border capital dynamics, with the latest figures suggesting stronger external financing conditions or improving investor sentiment toward Malaysian assets in early 2026. While the underlying drivers of the swing were not detailed, the move from negative to positive net capital flow may help ease pressure on the country’s balance of payments and support domestic financial markets going into the remainder of the year.