This statistic shows the unemployment rate in Malaysia from 1999 to 2024. In 2024, the unemployment rate in Malaysia was at approximately 3.83 percent. Unemployment in Malaysia Malaysia’s unemployment is relatively low and stable at around three percent which means the population is experiencing close to full employment. The country reached its lowest level of unemployment in 2014, with a rate of 2.85 percent. Malaysia’s vibrant economy is considered one of the strongest in South_East Asia. Together with years of political stability, it has been supporting such a low unemployment rate and good growth rates each year. Industry has been a strong contributor to GDP and currently provides around 30 percent of employment opportunities. But even more - about 50 percent - of GDP is generated by the services sector. Given the country’s strong and growing economy, average GDP per capita is growing at increasing rates as well. However, despite these positive statistics, news reports state that the number of job seekers and those unemployed – the three percent - are generally young people, both graduates and non-graduates, who have had trouble entering the job market. Because of this, the Malaysian government is encouraging companies to open up employment opportunities specifically to young adults. The favorable economic climate should help. Yet, there have also been some complaints about underemployment and gender discrimination within the country.

The youth unemployment rate in Malaysia was 12.28 percent in 2024. Between 1991 and 2024, the youth unemployment rate rose by 1.02 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Unemployment Rate in Malaysia remained unchanged at 3 percent in May. This dataset provides - Malaysia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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