Wages in Malaysia decreased to 2933 MYR/Month in 2020 from 3224 MYR/Month in 2019. source: Department of Statistics, Malaysia

Wages in Malaysia averaged 2447.36 MYR/Month from 2010 until 2020, reaching an all time high of 3224 MYR/Month in 2019 and a record low of 1814 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 October of 2021.

Wages in Malaysia is expected to reach 3620.00 MYR/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Wages is projected to trend around 3840.00 MYR/Month in 2022 and 3920.00 MYR/Month in 2023, according to our econometric models.

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Malaysia Wages

Malaysia Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.60 percent Aug/21 4.80 5.30 2.70
Unemployed Persons 748.80 Thousand Aug/21 778.00 826.10 210.50
Employed Persons 15380.00 Thousand Aug/21 15294.80 15380.00 5624.60
Labor Force Participation Rate 68.40 percent Aug/21 68.30 69.00 62.30
Wages in Manufacturing 3255.00 MYR/Month Jul/21 3322.00 3998.00 2391.00
Population 32.73 Million Dec/20 32.59 32.73 8.20
Wages 2933.00 MYR/Month Dec/20 3224.00 3224.00 1814.00