KUALA LUMPUR: Malaysia posted a current account surplus of RM62.1 billion in 2020, the highest in nine years, steered by a favourable performance of the goods account, and narrower deficit in primary income and secondary income, said the Department of Statistics Malaysia (DoSM).
For the final quarter of 2020, the country’s current account continued a surplus by recording RM19.0 billion, led by higher net exports of goods and smaller deficit in primary income.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!