Malaysia Income Per Capita 2020
Malaysia gdp per capita for 2018 was 11 373 a 10 91 increase from 2017.
Malaysia income per capita 2020. In terms of real value mean monthly household income grew at 4 2 per cent per annum. However this is problematic because gdp per capita is not a measure of personal income. Malaysia gdp per capita for 2016 was 9 818 a 1 38 decline from 2015.
Malaysia gni per capita for 2016 was 10 150 a 4 96 decline from 2015. Malaysia gni per capita for 2017 was 9 940 a 2 07 decline from 2016. The gross domestic product per capita in malaysia was last recorded at 12478 20 us dollars in 2019.
Malaysia global economic prospects examines trends for the world economy and how they affect developing countries. In 2020 luxembourg and qatar would have highest gdp per capita in nominal and ppp respectively. The report includes country specific three year forecasts for major macroeconomic indicators including commodity and financial markets.
The gross domestic product per capita in malaysia was last recorded at 28350 60 us dollars in 2019 when adjusted by purchasing power parity ppp. In exchange rates methods per capita wealth of the richest economy luxembourg would be 985 of the global average while poorest economy south sudan would be only 2 of the world average. Malaysia gni per capita for 2018 was 10 590 a 6 54 increase from 2017.
The gdp per capita in malaysia when adjusted by purchasing power parity is equivalent to 160 percent of the world s average. Malaysia gdp per capita for 2017 was 10 254 a 4 45 increase from 2016. Malaysia gdp per capita for 2019 was 11 415 a 0 37 increase from 2018.
Mean monthly household income for malaysians has increased from rm6 141 in 2014 to rm6 958 in 2016 an increase of 6 2 per cent in nominal value. Malaysia gni per capita for 2019 was 11 200 a 5 76 increase from 2018. 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.
Malaysia exports the second largest volume and value of palm oil products globally after indonesia. Gdp per capita is often considered an indicator of a country s standard of living. Gdp per capita ppp in malaysia averaged 18512 90 usd from 1990 until 2019 reaching an all time high of 28350 60 usd in.
Gdp per capita in malaysia averaged 5388 58 usd from 1960 until 2019 reaching an all time high of 12478 20 usd in 2019 and a record low of 1354 usd in 1960. This page provides the latest reported value for. South sudan and burundi would be the poorest economy in nominal and ppp respectively.
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. Median monthly household income by state malaysia 2014 and 2016. Despite government policies to increase its income per capita in order to hasten the progress towards being a high income country by 2020 malaysia s growth in wages has been very slow lagging behind oecd standards.