Wages in Malaysia increased to 3037 MYR/Month in 2021 from 2933 MYR/Month in 2020. source: Department of Statistics, Malaysia

Wages in Malaysia averaged 2496.50 MYR/Month from 2010 until 2021, reaching an all time high of 3224.00 MYR/Month in 2019 and a record low of 1814.00 MYR/Month in 2011. This page provides - Malaysia Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Wages - values, historical data and charts - was last updated on June of 2023.

Wages in Malaysia is expected to reach 3240.00 MYR/Month by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Wages is projected to trend around 3670.00 MYR/Month in 2023 and 3920.00 MYR/Month in 2024, according to our econometric models.

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Malaysia Wages

Related Last Previous Unit Reference
Unemployment Rate 3.50 3.50 percent Mar 2023
Unemployed Persons 588.70 591.90 Thousand Mar 2023
Employed Persons 16226.70 16189.30 Thousand Mar 2023
Labor Force Participation Rate 69.90 69.90 percent Mar 2023
Wages in Manufacturing 3477.00 3472.00 MYR/Month Mar 2023
Population 33.00 32.60 Million Dec 2022
Wages 3037.00 2933.00 MYR/Month Dec 2021