Malaysia: Current Account Surplus Widens in Q3

Malaysia's current account surplus widened sharply to MYR 12.2 billion in the third quarter of 2025 from MYR 1.8 billion in the same period last year, as the goods account surplus rose to MYR 33.3 billion from MYR 22.4 billion in the third quarter 2024. At the same time, the services account recorded a surplus of MYR 0.7 billion, shifting from a MYR 0.8 billion deficit, supported by a jump in surplus of the construction sector, gains in travel, and smaller deficits in insurance and pension services and other business services. The secondary income deficit also narrowed to MYR 1.8 billion in the third quarter of 2025 from MYR 2.4 billion a year earlier. In contrast, the primary income account gap widened to MYR 19.9 billion compared to the MYR 17.4 billion recorded in the same period last year.