Government Survey Reveals Higher Average Household Income For Malaysians
Malaysians are enjoying a better standard of living, according to the preliminary report of the 2014 Household Income Survey.
By Mei Mei Chu — 08 Sep 2014, 03:04 PM — Updated over 10 years ago
Malaysians Are Enjoying A Better Standard Of Living With The Average Household Income Surpassing RM5,900 A Month
The preliminary report of the 2014 Household Income Survey undertaken by the government indicates that the people enjoy a better standard of living with the average household income surpassing RM5,900 a month.
bernama.com.my
Comparatively, This Average Household Income In 2012 Was RM5,000 A Month
Minister in the Prime Minister's Department Datuk Seri Abdul Wahid Omar (pic) said this was significantly better compared with the survey findings in 2012 which denoted that the average household income then was RM5,000 a month.
themalaysianinsider.com
In Revealing The Preliminary Report Of The 2014 Household Income Survey, Minister In The Prime Minister's Department Datuk Seri Abdul Wahid Omar Says Malaysia Had Been Successful In Stimulating The Economy
He said Malaysia had been very successful in stimulating the economy as proven by the commendable gross domestic product (GDP) growth of 6.3% in the first half of the year. "However, growing the economy alone is not enough because we must also ensure that it is being felt by the people, in terms of higher wages. But it must be parallel with productivity," he told a press conference on the sidelines of the Global Economic Symposium 2014 in Kuala Lumpur today.
Furthermore, The Ratio Of Wages to The GDP In Malaysia Has Increased To 3.3%
The ratio of wages to the GDP in Malaysia grew to 33.6 per cent last year from 29.3 per cent in 2008.