Malaysia Per Capita Income
In the latest data available the world bank s online database shows malaysia as having a gni per capita of us 10 590 in 2018 based on the world bank atlas method used to calculate figures for the classification of countries income bracket.
Malaysia per capita income. The gdp per capita in malaysia when adjusted by purchasing power parity is equivalent to 160 percent of the world s average. Comparisons of national income are also frequently made on the basis of purchasing power parity ppp to adjust for differences in the cost of living in different countries. Malaysia gni per capita for 2017 was 9 940 a 2 07 decline from 2016. The gdp per capita in malaysia is equivalent to 99 percent of the world s average.
The gross domestic product per capita in malaysia was last recorded at 12478 20 us dollars in 2019. Malaysia gni per capita for 2016 was 10 150 a 4 96 decline from 2015. Malaysia gni per capita for 2019 was 11 200 a 5 76 increase from 2018. This page provides the latest reported value for.
However this is problematic because gdp per capita is not a measure of personal income. Kuala lumpur september 27 2019 malaysia s income per capita could grow by 26 2 percent implying an average annual income gain of rm 9 400 us 2 250 if all economic barriers are removed for women in malaysia according to breaking barriers. Malaysia global economic prospects examines trends for the world economy and how they affect developing countries. 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.
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. 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. Gdp per capita is often considered an indicator of a country s standard of living. Malaysia gni per capita for 2018 was 10 590 a 6 54 increase from 2017.
Gdp per capita ppp in malaysia averaged 18512 90 usd from 1990 until 2019 reaching an all time high of 28350 60 usd in. The report includes country specific three year forecasts for major macroeconomic indicators including commodity and financial markets.