Average Household Income Malaysia

Average take home earning is myr 82 790 net.

Average household income malaysia. Different realities showed that the average national household income for the m40 is between rm4 360 and rm9 619 a month based on the 2016 household income distribution data. In terms of growth median income in malaysia grew by 3 9 per cent per year in 2019 as compared to 6 6 per cent in 2016. Household income basic amenities survey report 2019 in 2019 mean income in malaysia was rm7 901 while malaysia s median income recorded at rm5 873. Malaysia s annual household income per capita reached 4 820 581 usd in dec 2016 compared with the previous value of 5 131 307 usd in dec 2014.

Average salary in malaysia is myr 104 272. The data reached an all time high of 5 131 307 usd in dec 2014 and a record low of 2 100 510 usd in dec. The median monthly household income in 2019 was at rm5 873 which means half of the malaysian households earned up to that amount per month in 2019 at the same time the mean monthly household income in malaysia has also been growing over the years. But on a state level this varies largely.

The median monthly household income in urban areas also rose by 6 4 from 1 248 28 to 1 418 71 in the same years. Median income median monthly household income for malaysian increased to rm5 228 in 2016 compared to rm4 585 in 2014 with a growth rate of 6 6 per cent per annum at nominal value. Malaysia s annual household income per capita data is updated yearly available from dec 2002 to dec 2016 with an averaged value of 3 033 077 usd. Moreover mean income rose at 4 2 per cent in 2019.

As of 2016 malaysian households with an ethnic chinese head of household had the highest monthly household income in malaysia at around 8 75 thousand malaysian ringgit more than 2 5 thousand. Salaries in malaysia range from 1 670 myr per month minimum salary to 29 400 myr per month maximum average salary actual maximum is higher. The report entitled the state of households. In terms of real value 1 median monthly household income grew at 4 4 per cent.

These data are from our visitors surveys 6 709 individual salaries. Overall income that is earned by household members whether in cash or kind and can be referred to as gross income. The median salary is 6 450 myr per month which means that half 50 of the population are earning less than 6 450 myr while the other half are earning more than 6 450 myr.