Living Wage Family in Malaysia decreased to 1970 MYR/Month in 2018 from 2030 MYR/Month in 2017. Living Wage Family in Malaysia averaged 1982.50 MYR/Month from 2015 until 2018, reaching an all time high of 2030 MYR/Month in 2016 and a record low of 1900 MYR/Month in 2015.

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Malaysia Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1970.00 2030.00 2030.00 1900.00 2015 - 2018 MYR/Month Yearly


Malaysia Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.20 4.50 2.70 percent [+]
Employed Persons 15315.00 15265.60 15315.00 5624.60 Thousand [+]
Unemployed Persons 512.10 513.90 534.70 210.50 Thousand [+]
Labor Force Participation Rate 68.80 68.70 68.80 62.30 percent [+]
Job Vacancies 244676.00 231345.00 745205.00 7850.00 [+]
Minimum Wages 1100.00 1000.00 1100.00 900.00 MYR/Month [+]
Wages in Manufacturing 4011.30 4002.00 4011.30 2391.00 MYR/Month [+]
Population 32.40 32.05 32.40 8.20 Million [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 55.00 [+]
Wages 3087.00 2879.00 3087.00 1814.00 MYR/Month [+]
Living Wage Family 1970.00 2030.00 2030.00 1900.00 MYR/Month [+]
Living Wage Individual 1150.00 1170.00 1200.00 1080.00 MYR/Month [+]