Malaysia minimum wageMalaysia minimum wageMalaysia minimum wage

Malaysia minimum wage

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪1.50 K‬MYR / MONTH on Dec 31, 2023
Lowest
900.00MYR / MONTH on Dec 31, 2015

About Malaysia minimum wage


Category
Labor
Frequency
Annual
Units
MYR / MONTH
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.