Compensation of employees in Malaysia
Malaysia: Compensation of employees was 95.94 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Malaysia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Malaysia is 95.94 billion current LCU, measured in 2024. That is the highest value across all 29 years on record.
That represents a change of up 4.4% on the previous year and up 43.3% over ten years.
Over the whole period, compensation of employees in Malaysia peaked at 95.94 billion current LCU in 2024 and was at its lowest, 13.20 billion current LCU, in 1997.
That places Malaysia 73rd out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.47 billion current LCU | 13.20 billion current LCU | 16.28 billion current LCU | 4 |
| 2000s | 27.00 billion current LCU | 16.36 billion current LCU | 42.78 billion current LCU | 10 |
| 2010s | 66.55 billion current LCU | 46.66 billion current LCU | 80.53 billion current LCU | 10 |
| 2020s | 88.89 billion current LCU | 83.00 billion current LCU | 95.94 billion current LCU | 5 |
Countries ranked near Malaysia
More public sector data for Malaysia
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- Tax revenue 12.4% (2024)
- Taxes on income, profits and capital gains 47.6% (2024)
- Taxes on goods and services 22.6% (2024)
- Net investment in nonfinancial assets 4.4% (2024)
- Net lending (+) / net borrowing (-) -4.1% (2024)
- Interest payments 15.6% (2024)
- Grants and other revenue 26.0% (2024)
- Interest payments 14.9% (2023)
- Other taxes 2.3% (2024)
Frequently asked questions
- What is compensation of employees in Malaysia?
- Compensation of employees in Malaysia was 95.94 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Malaysia?
- The highest recorded value was 95.94 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Malaysia?
- The lowest recorded value was 13.20 billion current LCU in 1997.
- How does Malaysia rank for compensation of employees?
- Malaysia ranks 73rd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Malaysia?
- Over the last ten years it is up 43.3%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.