Balance of Payments (BOP), Fourth Quarter 2021
- BOPstatsMY
- Feb 11, 2022
- 1 min read
Updated: Feb 15, 2022
Malaysia’s Current Account surplus reached RM15.2 billion while FDI soared to RM24.7 billion in the final quarter 2021, the highest since COVID-19 outbreak Malaysia’s Current Account Balance (CAB) posted a surplus of RM15.2 billion in the final quarter of 2021, supported by net exports of Goods at RM51.8 billion. Meanwhile, Services logged a higher deficit of RM15.5 billion as compared to RM15.2 billion last quarter. This was due to higher deficit in Transport, Telecommunication, computer and information as well as continuous deficit in Travel.
Financial account turned around to register a net outflow of RM2.2 billion from a net inflow of RM22.8 billion in the previous quarter.
FDI expanded by RM11.9 billion to record a net inflow of RM24.7 billion for this quarter from RM12.8 billion in the preceding quarter. DIA switched to a net outflow of RM15.0 billion from a net inflow of RM4.7 billion in previous quarter.
The cumulative CAB for 2021 reached RM53.5 billion, while FDI recorded a net inflow of RM54.9 billion and DIA posted a net outflow of RM22.1 billion.
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Seeing Malaysia's Current Account surplus reach RM15. 2 billion in Q4 2021 is encouraging, especially as it indicates resilience post-COVID. The increase in FDI to RM24. 7 billion shows that investors are regaining confidence, which is vital for economic recovery. However, the persistent deficit in Services raises questions about long-term sustainability. It's intriguing how different sectors are responding to the recovery. For anyone interested in gaming or tech, I've found some great tips and resources on strategy at Apostate Verity, which can also provide insights into adapting to change.