Wages in Malaysia increased to 3087 MYR/Month in 2018 from 2879 MYR/Month in 2017.

Wages in Malaysia averaged 2307.11 MYR/Month from 2010 until 2018, reaching an all time high of 3087 MYR/Month in 2018 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 July of 2020. source: Department of Statistics, Malaysia

Wages in Malaysia is expected to reach 3150.00 MYR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Wages is projected to trend around 3383.00 MYR/Month in 2021 and 3550.00 MYR/Month in 2022, according to our econometric models.

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Malaysia Wages

Actual Previous Highest Lowest Dates Unit Frequency
3087.00 2879.00 3087.00 1814.00 2010 - 2018 MYR/Month Yearly
Current Prices, NSA

Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 3.90 5.00 2.70 percent [+]
Employed Persons 14930.00 15232.40 15344.50 5624.60 Thousand [+]
Unemployed Persons 778.80 610.50 778.80 210.50 Thousand [+]
Labor Force Participation Rate 66.10 68.60 68.90 62.30 percent [+]
Job Vacancies 204513.00 217432.00 745205.00 7850.00 [+]
Minimum Wages 1200.00 1100.00 1200.00 900.00 MYR/Month [+]
Wages in Manufacturing 3340.00 3360.00 3998.00 2391.00 MYR/Month [+]
Population 32.60 32.40 32.60 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 3087.00 2879.00 3087.00 1814.00 MYR/Month [+]