Malaysia
#47 globallySoutheast AsiaAverage 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
ร0.42
vs USD base
Tax Breakdown at Median Salary
EstimatedTake-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.
Estimated Salaries by Job in Malaysia
Surgeon
Psychiatrist
Doctor / Physician
Investment Banker
Cloud Architect
AI/ML Engineer
Dentist
Judge
Product Manager
Actuary
* Estimates based on global median ยท actual salaries vary
๐ฒ๐พ 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
Salary vs Global Benchmarks
Southeast Asia Comparison
Global Ranking
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 ร0.42 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).