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.

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 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.

This graph shows average wages around the world in 2012 as calculated by purchasing power parity. In 2012 the highest average wage was earned in Luxembourg at 4,089 purchasing power parity dollars. Wages and salaries Wages and salaries in the United States have increased during the last decades. The median weekly earnings of a full-time wage and salary worker were about 241 U.S. dollars in 1979 and shifted up to 768 U.S. dollars in 2012.

The median earnings of U.S. full-time wage and salary workers vary across their educational attainment. The highest paid workers are those who hold a bachelor’s degree, according to the U.S. Bureau of Labor Statistics.

The U.S. federal government specified minimum wage laws for workers in the United States, which say that workers must be paid no less than the current federal minimum wage. The minimum wage was set at 7.25 U.S. dollars per hour by federal law. The actual minimum wage varies from state to state, as some states have additional minimum wage laws.

For instance, the minimum wage in Washington was around 9.04 U.S. dollars per hour, while the worst minimum wage can be found in Georgia, where workers earn at least 5.15 U.S. dollars per hour. No minimum wages can be found in Tennessee, Alabama, Louisiana, South Carolina and Mississippi, as of January 1, 2012.

The number of workers paid hourly rates with earnings at or below the minimum wage in the U.S. was at its highest in the industry type of leisure and hospitality in 2013.

Recent statistics show that the share of female workers paid hourly rates at or below prevailing federal minimum wage in the United States decreased since 1979. In that year, 20.2 percent of the female wage and salary workers were paid below the federal minimum wage, while only 2.9 percent of the female workers were paid below the federal minimum wage in 2006.

In 2023, the average monthly salary for employees in the manufacturing industry in Malaysia was ***** Malaysian ringgit. Employees in the manufacturing industry had a mean average monthly salary that was lower than the national average.

In 2022, secondary income, other sectors, payments for Malaysia was 8,327 million US dollars. Secondary income, other sectors, payments of Malaysia increased from 2,909 million US dollars in 2003 to 8,327 million US dollars in 2022 growing at an average annual rate of 6.53%. Current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.

Malaysia GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 9,650.000 USD in 2017. This records a decrease from the previous number of 9,860.000 USD for 2016. Malaysia GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 2,330.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 11,010.000 USD in 2014 and a record low of 240.000 USD in 1962. Malaysia GDP: USD: Gross National Income per Capita: Atlas Method 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: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

According to the results of a study published in July 2021, workers in the garment industry in Indonesia earned the highest basic monthly wage compared to other major garment-producing Asian countries. In the time period between March 2020 and March 2021 (the first full year of COVID-19 pandemic), Indonesian garment workers had an average monthly basic wage of 243 U.S. dollars. Cambodia and Myanmar followed in the list with average monthly basic wages of 190 U.S. dollars and 157 U.S. dollars, respectively. When taking the seven countries surveyed into account, the estimated global average of monthly basic wage of garment industry workers was estimated to be worth 200 U.S. dollars per month in this time period.

Malaysia GDP: USD: Adjusted Net National Income per Capita data was reported at 7,477.456 USD in 2016. This records a decrease from the previous number of 7,616.383 USD for 2015. Malaysia GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 2,334.755 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 8,612.521 USD in 2014 and a record low of 319.242 USD in 1970. Malaysia GDP: USD: Adjusted Net National Income per Capita 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: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Malaysia GDP: USD: Gross National Income: Atlas Method data was reported at 305.051 USD bn in 2017. This records a decrease from the previous number of 307.408 USD bn for 2016. Malaysia GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 41.413 USD bn from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 332.695 USD bn in 2014 and a record low of 2.057 USD bn in 1962. Malaysia GDP: USD: Gross National Income: Atlas Method 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: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Malaysia GDP: 2010 Price: USD: Adjusted Net National Income per Capita data was reported at 8,521.124 USD in 2016. This records an increase from the previous number of 8,396.920 USD for 2015. Malaysia GDP: 2010 Price: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 3,637.781 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 8,521.124 USD in 2016 and a record low of 1,409.711 USD in 1970. Malaysia GDP: 2010 Price: USD: Adjusted Net National Income per Capita 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: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Key information about Singapore Monthly Earnings

• Singapore Monthly Earnings stood at 4,587 USD in Dec 2024, compared with the previous figure of 4,654 USD in Sep 2024
• Singapore Monthly Earnings data is updated quarterly, available from Mar 1995 to Dec 2024, with an average number of 2,913 USD
• The data reached the an all-time high of 4,654 USD in Sep 2024 and a record low of 1,452 USD in Sep 1998

CEIC converts quarterly Monthly Earnings into USD. The Singapore Department of Statistics provides Average Monthly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Mean Gross Monthly Income is used which covers all income earned from employment of employed residents only, including self-employed persons who have made Central Provident Fund. Monthly Earnings prior to Q2 2021 are based on SSIC 2010 which be a different methodology. Average Monthly Earnings were used which cover all remuneration received, from employed residens and non-residents, excluding self-employed persons who have made Central Provident Fund.


Further information about Singapore Monthly Earnings

• In the latest reports, Singapore Population reached 6 million people in Jun 2024
• Unemployment Rate of Singapore increased to 2 % in May 2023
• The country's Labour Force Participation Rate dropped to 68 % in Jun 2024