Minimum Wages in Malaysia for employers who have five workers or more remained unchanged at 1500 MYR/Month in 2023 from 1500 MYR/Month in 2022, while those with less than five staff members are set to increase to 1500 MYR/Month on July 1st 2023. source: Ministry of Human Resources Malaysia
Minimum Wages in Malaysia averaged 1109.09 MYR/Month from 2013 until 2023, reaching an all time high of 1500.00 MYR/Month in 2022 and a record low of 900.00 MYR/Month in 2014. This page provides - Malaysia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Minimum Monthly Wages - values, historical data and charts - was last updated on June of 2023.
Minimum Wages in Malaysia is expected to reach 1500.00 MYR/Month by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Minimum Monthly Wages is projected to trend around 1600.00 MYR/Month in 2024, according to our econometric models.