PUTRAJAYA, July 28 — The average household income in Malaysia increased by 2.4 per cent in 2022 to RM8,479 compared to RM7,901 in 2019, according to the Household Income and...
PUTRAJAYA, July 28 — The average household income in Malaysia increased by 2.4 per cent in 2022 to RM8,479 compared to RM7,901 in 2019, according to the Household Income and Household Expenditure Survey 2022.
Mohd Uzir said the household income comprised paid employment, self-employment, income from investment and current transfers received. “In Putrajaya, it is more civil servant-centric and it is starting to be resided by high-income private sector workers, so that contributed to it having the highest average household income,” he said.
On the income distribution pattern, the B40 income threshold of 3.16 million households was RM5,249 in 2022; the M40 group recorded an income average between RM5,250 and RM11,819 while 1.58 million households are in the T20 category with income exceeding RM11,820. “In addition to the income received by households, part of the expenditure was financed by non-income receipts such as government aid and special withdrawals from the Employees Provident Fund ,” he said.
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