RM4,371 is the median monthly salary for graduates in Malaysia in 2019
j
Graduates across Malaysia earned a median monthly salary of RM4,371 per month in 2019, according to the latest figures released by the Department of Statistics, Malaysia.
j
The recently released State Socioeconomic Report 2019 also revealed the median monthly salaries and wages of employed graduates in four states:
W.P. Kuala Lumpur: RM5,471
W.P. Putrajaya: RM4,540
Selangor: RM4,600
Sabah: RM4,531
j
The report also revealed that the number of graduates in Malaysia increased by 6.9%, from 4.9mn people in 2018 to 5.3mn people in 2019.
j
The number of graduates in Malaysia was 5.3mn persons in 2019, increased by 6.9% from 4.9mn persons in 2018. The highest number of graduates was recorded by Selangor (1.65mn), Johor (493,100) and W.P. Kuala Lumpur (446,700).
j
However, the graduate labour force participation rate (GLFPR) decreased by 0.1 percentage points – from 83.6% in 2018 to 83.5% in 2019. By state, Selangor and Sabah recorded the highest GLFPR in 2019 at 86.5% followed by W.P. Putrajaya at 85.9% and Sarawak 85.3%. On the other hand, the lowest GLFPR recorded by Perlis with 76.1%.
j
Overall, the labour force in Malaysia increased by 2.0% – from 15.3mn in 2018 to approximately 15.6mn in 2019. At the same time, the labour force participation rate (LFPR) rose by 0.4 percentage points – from 68.3% in 2018 to 68.7% last year.
j
At the state level, an increase in LFPR was recorded in eight states, amongst them are W.P. Kuala Lumpur, Johor, Sabah, Sarawak and Melaka.
j
Data on gross household income was also revealed. In 2019, the mean income in Malaysia was RM7,901 while the median amounted to RM5,873.
j
At the state level, W.P. Kuala Lumpur recorded the highest median income with RM10,549 followed by:
W.P. Putrajaya (RM9,983)
Selangor (RM8,210)
W.P. Labuan (RM6,726)
Johor (RM6,427)
Pulau Pinang (RM6,169)
Melaka (RM6,054)
j
In terms of growth, the median income in Malaysia grew by 3.9% per year in 2019 (2016: 6.6%) while the mean income rose by 4.2% in 2019. By state, W.P. Putrajaya had the highest compounded annual growth rate for median income at 6.3% over the period of 2016 to 2019, higher than the national median growth rate (3.9%).
