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Malaysia Poverty Rate

Malaysia's poverty rate was 0% in 2021, unchanged from 2018, according to World Bank. Malaysia has the 9th lowest poverty rate. Within Asia, it ranks 26th out of 30 countries.

Malaysia's annual unemployment rate fell to 3.83% in 2024, down from 3.87% in 2023.

Yearly Historical Data (1984-2021)

(in %)
Year Poverty Rate (%)
2021 0%
2018 0%
2015 0.1%
2013 0.1%
2011 0.4%
2008 1.5%
2006 1.7%
2003 3.2%
1997 1.7%
1995 5.2%
1992 5%
1989 4.9%
1987 5.9%
1984 6.7%
Malaysia Poverty Rate : Definition
Poverty Rate measures the percentage of people in Malaysia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 96% 95% 2022
Gini Index 40.7 points 41.2 points 2021
Happiness Index 5.96 points 5.97 points 2024
Homicide Rate 0.72 0.76 2021
Population 35.56M 35.13M 2024
Primary Enrollment Rate 98.84% 97.76% 2023