Minimum Wages in Malaysia remained unchanged at 1000 MYR/Month in 2018 from 1000 MYR/Month in 2017. Minimum Wages in Malaysia averaged 950 MYR/Month from 2013 until 2018, reaching an all time high of 1000 MYR/Month in 2016 and a record low of 900 MYR/Month in 2014.

Minimum Wages in Malaysia is expected to be 1000.00 MYR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Minimum Monthly Wages is projected to trend around 1100.00 MYR/Month in 2020, according to our econometric models.

Malaysia Minimum Monthly Wages
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Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.40 4.50 2.70 percent [+]
Employed Persons 14926.50 14896.50 14926.50 5624.60 Thousand [+]
Unemployed Persons 516.40 525.00 534.70 210.50 Thousand [+]
Labor Force Participation Rate 68.50 68.40 68.60 62.30 percent [+]
Job Vacancies 246628.00 303821.00 745205.00 7850.00 [+]
Minimum Wages 1000.00 1000.00 1000.00 900.00 MYR/Month [+]
Wages in Manufacturing 3633.00 3606.00 3633.00 2391.00 MYR/Month [+]
Population 32.05 31.70 32.05 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 2880.00 2657.00 2880.00 1814.00 MYR/Month [+]
Living Wage Family 1970.00 2030.00 2030.00 1900.00 MYR/Month [+]
Living Wage Individual 1150.00 1170.00 1200.00 1080.00 MYR/Month [+]


Malaysia Minimum Monthly Wages

In Malaysia, minimum wage refers to lowest gross wage per month and it does not apply to apprentices and domestic servants. The minimum wage was was announced in October 2010 and introduced in January 2013 as one of the Government’s policy instruments vide New Economic Model (NEM) to ensure inclusiveness by transforming the economy from a middle-income to a high-income economy by the year 2020. This page provides - Malaysia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Minimum Monthly Wages - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1000.00 1000.00 1000.00 900.00 2013 - 2018 MYR/Month Yearly




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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