Compensation of employees (current LCU) in Malaysia
Malaysia: Compensation of employees (current LCU) 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.
Compensation of employees (current LCU) in Malaysia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 16.28 billion current LCU | — |
| 1997 | 13.20 billion current LCU | -19.0% |
| 1998 | 13.98 billion current LCU | +6.0% |
| 1999 | 14.44 billion current LCU | +3.2% |
| 2000 | 16.36 billion current LCU | +13.3% |
| 2001 | 17.44 billion current LCU | +6.6% |
| 2002 | 20.24 billion current LCU | +16.0% |
| 2003 | 21.72 billion current LCU | +7.3% |
| 2004 | 23.78 billion current LCU | +9.5% |
| 2005 | 25.59 billion current LCU | +7.6% |
| 2006 | 28.52 billion current LCU | +11.5% |
| 2007 | 32.59 billion current LCU | +14.3% |
| 2008 | 41.01 billion current LCU | +25.8% |
| 2009 | 42.78 billion current LCU | +4.3% |
| 2010 | 46.66 billion current LCU | +9.1% |
| 2011 | 50.15 billion current LCU | +7.5% |
| 2012 | 60.02 billion current LCU | +19.7% |
| 2013 | 61.00 billion current LCU | +1.6% |
| 2014 | 66.95 billion current LCU | +9.7% |
| 2015 | 70.05 billion current LCU | +4.6% |
| 2016 | 73.11 billion current LCU | +4.4% |
| 2017 | 77.04 billion current LCU | +5.4% |
| 2018 | 79.99 billion current LCU | +3.8% |
| 2019 | 80.53 billion current LCU | +0.7% |
| 2020 | 83.00 billion current LCU | +3.1% |
| 2021 | 85.85 billion current LCU | +3.4% |
| 2022 | 87.79 billion current LCU | +2.3% |
| 2023 | 91.86 billion current LCU | +4.6% |
| 2024 | 95.94 billion current LCU | +4.4% |
Malaysia compared with similar countries
- Malaysia's 95.94 billion current LCU is above the median for upper middle income countries, which is 95.94 billion current LCU, 1.0× the median. (47 countries reporting)
- Malaysia's 95.94 billion current LCU is above the median for East Asia & Pacific, which is 23.59 billion current LCU, 4.1× the median. (25 countries reporting)
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.1993 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -90.14 % change on previous year (2023)
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.