Prosperity gap in Malaysia
Malaysia: Prosperity gap was 1.2 average shortfall from a prosperity standard of $28/day in 2021. ▼ Falling
Prosperity gap in Malaysia, 1984–2021
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
Malaysia recorded 1.2 average shortfall from a prosperity standard of $28/day for prosperity gap in 2021. That is the lowest value across all 14 years on record.
The figure is down 7.7% on the previous year and down 40.0% over ten years.
Over the whole period, prosperity gap in Malaysia peaked at 3.8 average shortfall from a prosperity standard of $28/day in 1984 and was at its lowest, 1.2 average shortfall from a prosperity standard of $28/day, in 2021.
That places Malaysia 93rd out of 121 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.73 average shortfall from a prosperity standard of $28/day | 3.7 average shortfall from a prosperity standard of $28/day | 3.8 average shortfall from a prosperity standard of $28/day | 3 |
| 1990s | 3.27 average shortfall from a prosperity standard of $28/day | 2.8 average shortfall from a prosperity standard of $28/day | 3.5 average shortfall from a prosperity standard of $28/day | 3 |
| 2000s | 2.73 average shortfall from a prosperity standard of $28/day | 2.6 average shortfall from a prosperity standard of $28/day | 3 average shortfall from a prosperity standard of $28/day | 3 |
| 2010s | 1.57 average shortfall from a prosperity standard of $28/day | 1.3 average shortfall from a prosperity standard of $28/day | 2 average shortfall from a prosperity standard of $28/day | 4 |
| 2020s | 1.2 average shortfall from a prosperity standard of $28/day | 1.2 average shortfall from a prosperity standard of $28/day | 1.2 average shortfall from a prosperity standard of $28/day | 1 |
Countries ranked near Malaysia
More poverty & inequality data for Malaysia
- Poverty headcount ratio at $8.30 a day (2021 PPP) 2.9% (2021)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.1% (2021)
- Poverty gap at $3.00 a day (2021 PPP) 0.0% (2021)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.0% (2021)
- Poverty gap at $8.30 a day (2021 PPP) 0.5% (2021)
- Poverty headcount ratio at societal poverty line 19.9% (2021)
- Poverty gap at $4.20 a day (2021 PPP) 0.0% (2021)
- Income share held by second 20% 10.2% (2021)
- Gini index 40.7 (2021)
- Income share held by lowest 20% 5.9% (2021)
Frequently asked questions
- What is prosperity gap in Malaysia?
- Prosperity gap in Malaysia was 1.2 average shortfall from a prosperity standard of $28/day in 2021, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Malaysia?
- The highest recorded value was 3.8 average shortfall from a prosperity standard of $28/day in 1984.
- What is the lowest prosperity gap recorded in Malaysia?
- The lowest recorded value was 1.2 average shortfall from a prosperity standard of $28/day in 2021.
- How does Malaysia rank for prosperity gap?
- Malaysia ranks 93rd out of 121 countries with data for 2021.
- Is prosperity gap rising or falling in Malaysia?
- Over the last ten years it is down 40.0%. The long-run trend across the full record is falling.
- Where does this Malaysia data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.