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Malaysia

#47 globallySoutheast Asia

Average salary: $12,000/year ยท Currency: MYR RM

Mean Annual Salary

$12,000

gross USD

Median Annual Salary

$9,000

gross USD

GDP per Capita

$11,370

current USD

PPP Factor

ร—0.42

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$9,000
Income Tax$1,053
Social Security$405
Health Insurance$162

Take-Home (Net) Annual

$7,380

Effective Tax Rate

18.0%

* Based on median salary of $9,000. Estimated combined rate. Consult a tax professional for accurate calculations.

๐Ÿ‡ฒ๐Ÿ‡พ Malaysia Economic Overview

Currency

MYR (RM)

Region

Southeast Asia

Population

33.0M

Gini Coefficient

0.407

Cost of Living Index

42 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Southeast Asia Mean$12,350
Malaysia Mean$12,000

Global Ranking

#47

out of 117 countries

by average salary

About Salaries in Malaysia

The average annual salary in Malaysia is approximately $12,000 (gross, in USD), with a median of $9,000. The country ranks #47 out of 117 countries by average salary.

At the median salary, workers in Malaysia take home approximately $7,380 after taxes โ€” an effective tax rate of 18.0%. The purchasing power parity factor of ร—0.42 means that in real terms, living costs are lower than in the United States.

Malaysia is located in the Southeast Asia region. Income inequality, measured by the Gini coefficient, is 0.407 (high inequality).