In 2023, Malaysian employees between the ages of 40 and 44 years old earned the highest average monthly salary, at 4,241 Malaysian ringgit. With a retirement age of just 60 years old, Malaysian workers could look forward to earning more monthly average wage starting from around 40 years old. Economic outlook Malaysia is one of the biggest and strongest economies of South-East Asia, with a relatively low unemployment rate. The average monthly salary steadily increased from 2,377 Malaysian ringgit in 2014 to 3,441 Malaysian ringgit in 2023. Employees with a university degree could expect to earn almost twice as much. Can wages keep up with the cost of living? However, when seen in the context of rising living costs, wages in Malaysia have not been able to keep up. Despite having a relatively low inflation rate, prices have still gone up. Malaysians spent more than 40 percent of their income on housing and food. In May 2022, the Malaysian government increased the minimum wage to 1,500 Malaysian ringgit monthly, or 7.21 Malaysian ringgit hourly, in the hopes of easing the financial burdens of its citizens.

In 2023, the average mean monthly salary in Malaysia was 3,441 Malaysian ringgit, a slight increase from 3,219 Malaysian ringgit in the previous year. The average monthly salary in Malaysia varies greatly, depending on the education level, the employment sector, and especially between urban and rural areas.

Wages in Malaysia increased to 3045 MYR/Month in 2024 from 2900 MYR/Month in 2023. This dataset provides - Malaysia Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Malaysia Monthly Earnings

• Malaysia Monthly Earnings stood at 793 USD in Jan 2025, compared with the previous figure of 831 USD in Dec 2024
• Malaysia Monthly Earnings data is updated monthly, available from Jan 2013 to Jan 2025, with an average number of 793 USD
• The data reached the an all-time high of 927 USD in Mar 2018 and a record low of 684 USD in Sep 2015

CEIC calculates Monthly Earnings from monthly Payroll and monthly Employment, and converts it into USD. The Department of Statistics provides Payroll and Employment in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings cover 251 industries in Manufacturing sector. Monthly Earnings prior to January 2019 cover 155 industries out of a total 259 industries in Manufacturing sector.


Further information about Malaysia Monthly Earnings

• In the latest reports, Malaysia Population reached 34 million people in Dec 2024
• Unemployment Rate of Malaysia dropped to 3 % in Jan 2025
• The country's Labour Force Participation Rate remained the same rate at 71 % in Jan 2025

Wages in Manufacturing in Malaysia decreased to 3508 MYR/Month in March from 3513 MYR/Month in February of 2025. This dataset provides - Malaysia Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the average mean monthly salary for women in Malaysia was 3,311 Malaysian ringgit, an increase compared to the previous year. In the same year, the difference between the average monthly salary for female employees and male employees in Malaysia was around 200 Malaysian ringgit.

In 2023, Wilayah Persekutuan Putrajaya had the highest average monthly salary compared to other states in Malaysia, at 4,858 Malaysian ringgit. By comparison, Kedah had the lowest average monthly salary at 2,859 Malaysian ringgit.

A The dataset was obtained from multiple sources, including surveys, job posting sites, and other publicly available sources. A total of 100 data points were collected. The dataset included five variables: age, experience, job role, and education level and salary

Malaysia HIBAS: Monthly Gross Income: Median: Kedah data was reported at 3,811.000 MYR in 2016. This records an increase from the previous number of 3,451.000 MYR for 2014. Malaysia HIBAS: Monthly Gross Income: Median: Kedah data is updated yearly, averaging 1,681.500 MYR from Dec 1995 (Median) to 2016, with 10 observations. The data reached an all-time high of 3,811.000 MYR in 2016 and a record low of 990.000 MYR in 1995. Malaysia HIBAS: Monthly Gross Income: Median: Kedah data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.H031: Household Income and Basic Amenities Survey: Monthly Gross Income: Median and Mean: by State.

Malaysia Household Income: Mean: Chinese data was reported at 8.750 MYR th in 2016. This records an increase from the previous number of 7.666 MYR th for 2014. Malaysia Household Income: Mean: Chinese data is updated yearly, averaging 3.173 MYR th from Dec 1970 (Median) to 2016, with 18 observations. The data reached an all-time high of 8.750 MYR th in 2016 and a record low of 0.394 MYR th in 1970. Malaysia Household Income: Mean: Chinese data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.H024: Household Income: Mean (Annual).

Malaysia HIBAS: Monthly Gross Income: Mean: Negeri Sembilan data was reported at 5,887.000 MYR in 2016. This records an increase from the previous number of 5,271.000 MYR for 2014. Malaysia HIBAS: Monthly Gross Income: Mean: Negeri Sembilan data is updated yearly, averaging 2,051.000 MYR from Dec 1970 (Median) to 2016, with 18 observations. The data reached an all-time high of 5,887.000 MYR in 2016 and a record low of 286.000 MYR in 1970. Malaysia HIBAS: Monthly Gross Income: Mean: Negeri Sembilan data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.H031: Household Income and Basic Amenities Survey: Monthly Gross Income: Median and Mean: by State.

In 2023, the average monthly salary for Malaysian employees with a university degree was 5,829 Malaysian ringgit. Malaysian employees with a degree could expect to earn a mean average monthly salary that is considerably higher than the national average.

Malaysia HIBAS: Monthly Gross Income: Median: Melaka data was reported at 5,588.000 MYR in 2016. This records an increase from the previous number of 5,029.000 MYR for 2014. Malaysia HIBAS: Monthly Gross Income: Median: Melaka data is updated yearly, averaging 2,512.500 MYR from Dec 1995 (Median) to 2016, with 10 observations. The data reached an all-time high of 5,588.000 MYR in 2016 and a record low of 1,391.000 MYR in 1995. Malaysia HIBAS: Monthly Gross Income: Median: Melaka data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.H031: Household Income and Basic Amenities Survey: Monthly Gross Income: Median and Mean: by State.

The latest data indicates that the average yearly salary in Malaysia is approximately MYR 66,000. This figure varies significantly based on location and industry, with Kuala Lumpur and Selangor typically offering higher salaries. The median monthly gross salary is estimated at MYR 5,500, with considerable variations between regions.

Malaysia HIBAS: Monthly Gross Income: Median: Top 20%: Bumiputera data was reported at 11,819.000 MYR in 2016. This records an increase from the previous number of 10,301.000 MYR for 2014. Malaysia HIBAS: Monthly Gross Income: Median: Top 20%: Bumiputera data is updated yearly, averaging 11,060.000 MYR from Dec 2014 (Median) to 2016, with 2 observations. The data reached an all-time high of 11,819.000 MYR in 2016 and a record low of 10,301.000 MYR in 2014. Malaysia HIBAS: Monthly Gross Income: Median: Top 20%: Bumiputera data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.H033: Household Income and Basic Amenities Survey: Monthly Gross Income: Household Group: Median and Mean: by Ethnic Group.

In 2023, the average monthly salary for Malaysian employees with a Sijil Pelajaran Malaysia (SPM) as their highest qualification was 2,511 Malaysian ringgit. An SPM qualification is equivalent to an eleventh grade education.

This dataset shows the Mean Monthly Household Gross Income by state, 2002 - 2020e, Malaysia. Nota: n.a. Not applicable e Refers to estimated value based on this study Source : DEPARTMENT OF STATISTICS MALAYSIA No. of Views : 313

Malaysia HIBAS: Monthly Gross Income: Mean: Top 20%: Kuala Lumpur data was reported at 26,306.000 MYR in 2016. Malaysia HIBAS: Monthly Gross Income: Mean: Top 20%: Kuala Lumpur data is updated yearly, averaging 26,306.000 MYR from Dec 2016 (Median) to 2016, with 1 observations. Malaysia HIBAS: Monthly Gross Income: Mean: Top 20%: Kuala Lumpur data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.H034: Household Income and Basic Amenities Survey: Monthly Gross Income: Household Group: Median and Mean: by State.

Malaysia Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 16.500 % in 2021. This records a decrease from the previous number of 17.000 % for 2018. Malaysia Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 19.250 % from Dec 1984 (Median) to 2021, with 14 observations. The data reached an all-time high of 21.100 % in 1997 and a record low of 15.900 % in 2013. Malaysia Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Key information about Malaysia Household Income per Capita

• Malaysia Annual Household Income per Capita reached 5,731.680 USD in Dec 2022, compared with the previous value of 5,761.586 USD in Dec 2019.
• Malaysia Annual Household Income per Capita data is updated yearly, available from Dec 2002 to Dec 2022, with an averaged value of 4,426.922 USD.
• The data reached an all-time high of 5,761.586 USD in Dec 2019 and a record low of 2,100.510 USD in Dec 2002.
• In the latest reports, Retail Sales of Malaysia grew 12.890 % YoY in Apr 2023.

CEIC calculates Annnual Household Income per Capita from Monthly Average Household Income multiplied by 12, Number of Households and Total Population and converts it into USD. The Department of Statistics provides Average Household Income in local currency and Total Population based on 2020 Census. Malaysian Communications and Multimedia Commission provides Number of Households. Federal Reserve Board average market exchange rate is used for currency conversions. Population prior to 2020 is based on 2010 Census. Population prior to 2010 is based on 2000 Census. Annual Household Income per Capita prior to 2004 is calculated from Number of Household based on 2000 Census.