Malaysia Average Monthly Wages in Manufacturing - Forecast

Wages in Manufacturing in Malaysia is expected to be 3450.00 MYR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Malaysia to stand at 3600.00 in 12 months time. In the long-term, the Malaysia Average Monthly Wages in Manufacturing is projected to trend around 4100.00 MYR/Month in 2020, according to our econometric models.


Malaysia Average Monthly Wages in Manufacturing
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Malaysia Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.3 3.4 3.5 3.7 3.7 4.1
Employed Persons 14803 14909 14847 14885 14864 15500
Unemployed Persons 510 510 507 509 509 511
Labor Force Participation Rate 68.2 67.7 67.45 67.25 67.14 67.9
Job Vacancies 303821 280650 385044 280000 386640 327000
Minimum Wages 1000 1100 1100 1100 1200 1400
Wages in Manufacturing 3617 3450 3500 3550 3600 4100
Population 32.05 32.4 32.52 32.64 32.71 33.86
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 60 60 60 60 60 60
Wages 2880 2620 2620 2620 2750 2870