13.02.202604:11:03UTC+00Malaysia Q4 Current Account Surplus Narrows Sharply

Malaysia’s current account surplus narrowed sharply to MYR 2.0 billion in the fourth quarter of 2025, down from MYR 12.9 billion in the same period a year earlier. The contraction was mainly driven by a smaller goods surplus, which declined to MYR 23.6 billion from MYR 36.9 billion in the fourth quarter of 2024.

At the same time, the services account swung into a surplus of MYR 5.0 billion, compared with a deficit of MYR 1.0 billion a year ago. This improvement was underpinned by a surge in the construction sector surplus, stronger earnings from insurance and pension services, and a turnaround in other business services, which shifted from a deficit in Q4 2024.

By contrast, the primary income deficit widened to MYR 23.5 billion, from MYR 17.1 billion in the corresponding period of the previous year. Meanwhile, the secondary income deficit narrowed to MYR 3.1 billion in the fourth quarter of 2025, improving from MYR 5.9 billion a year earlier.