Understanding Malaysians' Salaries and Income Distribution

TLDRDiscover the median salaries of Malaysians and explore income distribution based on various factors such as age, gender, ethnicity, education, location, and industry. Gain insights into the gender pay gap, educational impact on income, regional salary differences, and popular housing types in Malaysia.

Key insights

💰The median monthly salary of Malaysians is RM 2,600, with over half earning less than RM 4,000 and a small minority earning a 5-digit income.

👨‍🎓Higher education results in higher salaries, with bachelor's degree holders earning 24% more than diploma holders and master's degree holders earning 29% more than bachelor's degree holders.

🌆Salaries and cost of living vary across cities in Malaysia, with Putrajaya, Kuala Lumpur, and Selangor offering the highest average salaries.

👩‍⚖️The health & medical sector is the highest paying industry in Malaysia, followed by legal, real estate, banking & financial services, and IT.

🏠Most Malaysians prefer staying in landed housing, while wealthier individuals tend to opt for detached landed housing.

Q&A

What is the gender pay gap in Malaysia?

Males have a median monthly salary of RM 2,664, which is 3% higher than females' median salary of RM 2,545. This gap is influenced by occupational segregation and women's disproportionate burden of unpaid care duties.

How does education affect income in Malaysia?

Higher education leads to higher salaries in Malaysia. Bachelor's degree holders earn 24% more than diploma holders, master's degree holders earn 29% more than bachelor's degree holders, and PhD holders earn 23% more than master's degree holders.

Which cities offer the highest salaries in Malaysia?

Putrajaya, Kuala Lumpur, and Selangor are the top three cities in Malaysia with the highest average salaries.

What is the highest paying industry in Malaysia?

The health & medical sector is the highest paying industry in Malaysia, followed by legal, real estate, banking & financial services, and IT.

What are the common housing types in Malaysia?

Landed housing is the most common type of housing in Malaysia, with detached landed housing being more prevalent among wealthier individuals.

Timestamped Summary

00:00The video explores Malaysians' salaries and income distribution based on various factors.

03:10Webull offers useful tools for analyzing stock prices and promotions for new sign-ups.

06:23Education plays a significant role in determining income. Higher education leads to higher salaries.

07:14Average salaries and cost of living vary across cities in Malaysia.

08:43The health & medical sector is the highest paying industry in Malaysia.

08:56There are various types of housing in Malaysia, with most Malaysians preferring landed housing.

09:20The video concludes by encouraging viewers to like, share, and subscribe for regular content.