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 August 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

Actual Previous Highest Lowest Dates Unit Frequency
2933.00 3224.00 3224.00 1814.00 2010 - 2020 MYR/Month Yearly
Current Prices, NSA

Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.60 5.30 2.70 percent [+]
Employed Persons 15370.00 15350.00 15370.00 5624.60 Thousand [+]
Unemployed Persons 728.10 742.70 826.10 210.50 Thousand [+]
Labor Force Participation Rate 68.50 68.60 69.00 62.30 percent [+]
Job Vacancies 681119.00 449581.00 745205.00 7850.00 [+]
Minimum Wages 1200.00 1200.00 1200.00 900.00 MYR/Month [+]
Wages in Manufacturing 3316.00 3304.00 3998.00 2391.00 MYR/Month [+]
Population 32.73 32.59 32.73 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 2933.00 3224.00 3224.00 1814.00 MYR/Month [+]