FX.co ★ Malaysia Q2 Current Account Surplus Smallest Since 1999

In the second quarter of 2025, Malaysia's current account surplus significantly decreased to MYR 0.3 billion, compared to MYR 4.3 billion in the same timeframe the previous year. This represents the smallest surplus recorded since data collection commenced in 1999. The contraction is largely attributable to the decline in the goods account surplus, which decreased to MYR 17 billion from MYR 24 billion in the second quarter of 2024. Additionally, there was an expansion in the secondary income gap, which widened to MYR 4.6 billion from MYR 1.2 billion. Conversely, the primary income deficit improved, dropping to MYR 8.9 billion from MYR 14.8 billion, and the services account deficit also reduced, standing at MYR 3.3 billion compared to MYR 3.7 billion a year earlier.