Friday , 27th Nov, 2020
Home / Blindspot / Malaysia’s Average Annual Increase in Real Wages

Malaysia’s Average Annual Increase in Real Wages

The REAL salary growth in Malaysia has been negative for 10 years! hence allowing the decreasing purchasing power and capability of its citizen.

According to the World Bank, for the past 10 years, the salary increase in MALAYSIA on average is only 2.6% behind the inflation rate of 2.8%. This is also behind the increase of productivity in MALAYSIA at the rate of 6.7% per year.

What are the reasoning behind this? Foreign workers? Lack of opportunities? Thin spread of profits to workers but to big corporations? Small wages percentage from GNI? Let’s discuss.

Real Wages rev2

Check Also

Asia: Income Inequality by Gini Index 1970-1989 and 1990-2011

Malaysia’s Gini Index did not move at all in 20 years. Malaysia is the 3rd …