Minimum Wages in Malaysia remained unchanged at 1200 MYR/Month in 2021 from 1200 MYR/Month in 2020. source: Ministry of Human Resources Malaysia

Minimum Wages in Malaysia averaged 1022.22 MYR/Month from 2013 until 2021, reaching an all time high of 1200 MYR/Month in 2020 and a record low of 900 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 July of 2021.

Minimum Wages in Malaysia is expected to reach 1200.00 MYR/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Minimum Monthly Wages is projected to trend around 1300.00 MYR/Month in 2022 and 1400.00 MYR/Month in 2023, according to our econometric models.

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Malaysia Minimum Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1200.00 1200.00 1200.00 900.00 2013 - 2021 MYR/Month Yearly

Malaysia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.60 5.30 2.70 percent [+]
Employed Persons 15370.00 15350.00 15370.00 5624.60 Thousand [+]
Unemployed Persons 728.10 742.70 826.10 210.50 Thousand [+]
Labor Force Participation Rate 68.50 68.60 69.00 62.30 percent [+]
Job Vacancies 449581.00 454974.00 745205.00 7850.00 [+]
Minimum Wages 1200.00 1200.00 1200.00 900.00 MYR/Month [+]
Wages in Manufacturing 3316.00 3304.00 3998.00 2391.00 MYR/Month [+]
Population 32.73 32.59 32.73 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 2933.00 3224.00 3224.00 1814.00 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.