Compensation of employees in Malaysia
Malaysia: Compensation of employees was 29.6% in 2023. ▲ Rising
Compensation of employees in Malaysia, 1996–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, compensation of employees in Malaysia stood at 29.6%.
That represents a change of up 8.3% on the previous year and up 1.9% over ten years.
Over the whole period, compensation of employees in Malaysia peaked at 35.5% in 2017 and was at its lowest, 25.8%, in 1999.
That places Malaysia 63rd out of 155 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Compensation of employees in Malaysia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1996 | 34.3% | — |
| 1997 | 27.6% | -19.7% |
| 1998 | 29.4% | +6.6% |
| 1999 | 25.8% | -12.0% |
| 2000 | 27.8% | +7.6% |
| 2001 | 26.4% | -5.0% |
| 2002 | 29.9% | +13.2% |
| 2003 | 29.4% | -1.5% |
| 2004 | 26.6% | -9.7% |
| 2005 | 26.6% | +0.2% |
| 2006 | 27.0% | +1.3% |
| 2007 | 27.0% | +0.2% |
| 2008 | 27.2% | +0.7% |
| 2009 | 27.7% | +1.7% |
| 2010 | 31.2% | +12.5% |
| 2011 | 27.9% | -10.5% |
| 2012 | 29.5% | +5.7% |
| 2013 | 29.1% | -1.3% |
| 2014 | 30.7% | +5.8% |
| 2015 | 32.5% | +5.9% |
| 2016 | 34.9% | +7.2% |
| 2017 | 35.5% | +1.6% |
| 2018 | 34.7% | -2.2% |
| 2019 | 30.7% | -11.6% |
| 2020 | 31.7% | +3.3% |
| 2021 | 32.1% | +1.4% |
| 2022 | 27.3% | -14.9% |
| 2023 | 29.6% | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.3% | 25.8% | 34.3% | 4 |
| 2000s | 27.6% | 26.4% | 29.9% | 10 |
| 2010s | 31.7% | 27.9% | 35.5% | 10 |
| 2020s | 30.2% | 27.3% | 32.1% | 4 |
Countries ranked near Malaysia
More public sector data for Malaysia
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 121.29 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0102 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.87 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.31 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 21.31 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Malaysia?
- Compensation of employees in Malaysia was 29.6% in 2023, 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 35.5% in 2017.
- What is the lowest compensation of employees recorded in Malaysia?
- The lowest recorded value was 25.8% in 1999.
- How does Malaysia rank for compensation of employees?
- Malaysia ranks 63rd out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Malaysia?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is rising.
- 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.