Minimum Wages in Malaysia increased to 1100 MYR/Month in 2019 from 1000 MYR/Month in 2018.

Minimum Wages in Malaysia averaged 971.43 MYR/Month from 2013 until 2019, reaching an all time high of 1100 MYR/Month in 2019 and a record low of 900 MYR/Month in 2014. This page provides - Malaysia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Ministry of Human Resources Malaysia

Minimum Wages in Malaysia is expected to be 1100.00 MYR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Minimum Monthly Wages is projected to trend around 1200.00 MYR/Month in 2020, according to our econometric models.


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Malaysia Minimum Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1100.00 1000.00 1100.00 900.00 2013 - 2019 MYR/Month Yearly

Malaysia Minimum Monthly Wages
In Malaysia, minimum wage refers to lowest gross wage per month and it does not apply to apprentices and domestic servants. The minimum wage was was announced in October 2010 and introduced in January 2013 as one of the Government’s policy instruments vide New Economic Model (NEM) to ensure inclusiveness by transforming the economy from a middle-income to a high-income economy by the year 2020.

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 3640.00 3678.00 3998.00 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 [+]