Malaysia Labour Force Participation Rate

2010 - 2024 | Monthly | % | Department of Statistics

Key information about Malaysia Labour Force Participation Rate

  • Malaysia Labour Force Participation Rate remained the same rate at 70.2 % in Jan 2024, compared with 70.2 % in the previous month.
  • Malaysia Labour Force Participation Rate is updated monthly, available from Jan 2010 to Jan 2024, with an average rate of 68.0 % .
  • The data reached the an all-time high of 70.2 % in Jan 2024 and a record low of 62.5 % in Feb 2010.
  • Malaysia Labour Force Participation Rate is reported by reported by Department of Statistics.
  • In the latest reports, Malaysia Population reached 32.7 million people in Dec 2022.
  • Unemployment Rate of Malaysia dropped to 3.3 % in Jan 2024.
  • The country's Monthly Earnings stood at 790.6 USD in Dec 2023.

View Malaysia's Labour Force Participation Rate from Jan 2010 to Jan 2024 in the chart:

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Malaysia Labour Force Participation Rate
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Malaysia Labour Force Participation Rate

What was Malaysia's Labour Force Participation Rate in Jan 2024?

Malaysia Labour Force Participation Rate remained the same rate at 70.2 % in Jan 2024, compared with 70.2 % in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
70.2 Jan 2024 70.2 Dec 2023 62.5 Feb 2010 70.2 Jan 2024 % monthly Jan 2010 - Jan 2024

Labour Force Participation Rate by Country Comparison

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country/region Last Frequency Range
Albania (%) 64.5 Sep 2023 quarterly Mar 2012 - Sep 2023
Algeria (%) 41.7 2018 yearly 2003 - 2018
Argentina (%) 60.8 2023 yearly 1990 - 2023
Armenia (%) 61.7 Sep 2023 quarterly Mar 2008 - Sep 2023
Australia (%) 67.3 Feb 2024 monthly Feb 1978 - Feb 2024
Austria (%) 77.1 Jun 2022 quarterly Mar 2021 - Jun 2022
Azerbaijan (%) 70.2 2023 yearly 1990 - 2023
Bahrain (%) 71.9 2023 yearly 1990 - 2023
Bangladesh (%) 58.2 2023 yearly 1990 - 2023
Belarus (%) 86.8 2022 yearly 1995 - 2022
Belgium (%) 70.9 Dec 2023 quarterly Mar 1999 - Dec 2023
Bolivia (%) 77.7 Sep 2022 quarterly Dec 2015 - Sep 2022
Bosnia and Herzegovina (%) 47.8 2023 yearly 2006 - 2023
Botswana (%) 64.5 2023 yearly 1990 - 2023
Brazil (%) 62.0 Feb 2024 monthly Mar 2012 - Feb 2024
Brunei (%) 64.3 2023 yearly 1990 - 2023
Bulgaria (%) 56.1 Sep 2023 quarterly Jun 2000 - Sep 2023
Cambodia (%) 87.4 2020 yearly 2020 - 2020
Canada (%) 64.9 Mar 2024 monthly Jan 1976 - Mar 2024
Chile (%) 62.3 Feb 2024 monthly Mar 2009 - Feb 2024
China (%) 66.4 2023 yearly 1990 - 2023
Colombia (%) 63.8 Feb 2024 monthly Jan 2001 - Feb 2024
Croatia (%) 52.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Cyprus (%) 64.9 Dec 2023 quarterly Jun 1999 - Dec 2023
Czech Republic (%) 60.2 Dec 2023 quarterly Mar 1993 - Dec 2023
Denmark (%) 74.6 Feb 2024 monthly Jan 2007 - Feb 2024
Ecuador (%) 65.6 Dec 2023 quarterly Dec 2013 - Dec 2023
Egypt (%) 42.7 2022 yearly 2009 - 2022
Estonia (%) 67.0 Sep 2023 quarterly Mar 2000 - Sep 2023
European Union (%) 75.4 2022 yearly 1990 - 2022
Finland (%) 67.8 Feb 2024 monthly May 2004 - Feb 2024
France (%) 74.1 Dec 2023 quarterly Mar 2003 - Dec 2023
Georgia (%) 51.9 2022 yearly 1998 - 2022
Germany (%) 55.9 Dec 2023 quarterly Mar 2007 - Dec 2023
Ghana (%) 68.8 2023 yearly 1990 - 2023
Greece (%) 59.7 Feb 2024 monthly Jan 2004 - Feb 2024
Hong Kong SAR, China (%) 57.0 Feb 2024 monthly Dec 1981 - Feb 2024
Hungary (%) 67.9 Dec 2023 quarterly Mar 2009 - Dec 2023
Iceland (%) 79.8 Feb 2024 monthly Jan 2003 - Feb 2024
India (%) 42.4 2023 yearly 1990 - 2023
Indonesia (%) 69.5 Aug 2023 semiannually Feb 2005 - Aug 2023
Iran (%) 41.0 Dec 2022 quarterly Jun 2018 - Dec 2022
Ireland (%) 65.4 Dec 2023 quarterly Mar 1998 - Dec 2023
Israel (%) 62.6 Feb 2024 monthly Jan 2012 - Feb 2024
Italy (%) 48.2 Dec 2020 monthly Jan 2004 - Dec 2020
Ivory Coast (%) 64.4 2023 yearly 1990 - 2023
Japan (%) 62.8 Feb 2024 monthly Jan 1968 - Feb 2024
Jordan (%) 39.4 2023 yearly 1990 - 2023
Kazakhstan (%) 68.3 Dec 2023 quarterly Jun 2001 - Dec 2023
Kenya (%) 73.7 2023 yearly 1990 - 2023
South Korea (%) 63.6 Feb 2024 monthly Jun 1999 - Feb 2024
Kosovo (%) 39.5 Mar 2023 quarterly Mar 2016 - Mar 2023
Kuwait (%) 71.5 2023 yearly 1990 - 2023
Kyrgyzstan (%) 60.1 2022 yearly 1994 - 2022
Laos (%) 59.6 2023 yearly 1990 - 2023
Latvia (%) 68.6 Dec 2023 quarterly Mar 2002 - Dec 2023
Lebanon (%) 45.5 2023 yearly 1990 - 2023
Lithuania (%) 63.6 Dec 2023 quarterly Jun 1998 - Dec 2023
Luxembourg (%) 54.9 2022 yearly 2000 - 2022
Macau SAR, China (%) 67.7 Feb 2024 monthly Sep 1996 - Feb 2024
North Macedonia (%) 52.2 Dec 2023 quarterly Mar 2023 - Dec 2023
Malawi (%) 69.0 2023 yearly 1990 - 2023
Malaysia (%) 70.2 Jan 2024 monthly Jan 2010 - Jan 2024
Malta (%) 81.4 Dec 2023 quarterly Mar 2018 - Dec 2023
Mauritius (%) 58.7 Dec 2023 quarterly Mar 2004 - Dec 2023
Mexico (%) 60.2 Feb 2024 monthly Jan 2005 - Feb 2024
Moldova (%) 44.7 Dec 2023 quarterly Mar 2015 - Dec 2023
Mongolia (%) 57.6 Dec 2023 quarterly Sep 2006 - Dec 2023
Montenegro (%) 63.7 Dec 2023 quarterly Mar 2008 - Dec 2023
Morocco (%) 44.8 Jun 2023 quarterly Mar 1999 - Jun 2023
Mozambique (%) 79.0 2023 yearly 1990 - 2023
Myanmar (%) 59.4 2020 yearly 1991 - 2020
Nepal (%) 40.5 2023 yearly 1990 - 2023
Netherlands (%) 72.9 Feb 2024 monthly Jan 2003 - Feb 2024
New Zealand (%) 72.2 Dec 2023 quarterly Mar 1986 - Dec 2023
Nigeria (%) 59.1 2023 yearly 1990 - 2023
Norway (%) 65.3 2022 yearly 1989 - 2022
Oman (%) 68.3 2023 yearly 1990 - 2023
Pakistan (%) 32.3 2021 yearly 1990 - 2021
Palestinian Territory (%) 44.4 Sep 2023 quarterly Jun 2002 - Sep 2023
Panama (%) 60.4 2021 yearly 2003 - 2021
Paraguay (%) 71.1 Dec 2023 quarterly Mar 2017 - Dec 2023
Peru (%) 72.4 2022 yearly 2001 - 2022
Philippines (%) 61.1 Jan 2024 quarterly Jul 2003 - Jan 2024
Poland (%) 58.9 Dec 2023 quarterly Mar 2010 - Dec 2023
Portugal (%) 61.0 Dec 2023 quarterly Mar 2011 - Dec 2023
Qatar (%) 87.7 2022 yearly 2006 - 2022
Romania (%) 51.5 Sep 2023 quarterly Mar 1996 - Sep 2023
Russia (%) 68.3 Jan 2024 monthly Aug 2009 - Jan 2024
Saudi Arabia (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Serbia (%) 55.8 Jun 2023 quarterly Mar 2014 - Jun 2023
Slovakia (%) 62.5 Dec 2023 quarterly Mar 2021 - Dec 2023
Slovenia (%) 58.6 Dec 2023 quarterly Mar 2008 - Dec 2023
South Africa (%) 60.0 Dec 2023 quarterly Mar 2008 - Dec 2023
Spain (%) 59.0 Dec 2023 quarterly Sep 1976 - Dec 2023
Sri Lanka (%) 47.1 Dec 2023 quarterly Mar 2004 - Dec 2023
Sudan (%) 47.6 2023 yearly 1990 - 2023
Sweden (%) 74.5 Feb 2024 monthly Apr 2005 - Feb 2024
Switzerland (%) 68.0 Dec 2023 quarterly Mar 2010 - Dec 2023
Syria (%) 38.7 2023 yearly 1990 - 2023

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Malaysia Key Series

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Includes 246 key indicators for Malaysia, curated by CEIC analysts. Instant access to full history data in excel.
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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.7 2022 yearly 1970 - 2022
Consolidated Fiscal Balance (USD mn) -27,183.026 2022 yearly 1970 - 2022
Tax Revenue (USD mn) 12,335.849 Sep 2023 quarterly Mar 1980 - Sep 2023
Tax Revenue: % of GDP (%) 12.3 Sep 2023 quarterly Mar 1991 - Sep 2023
National Government Debt (USD mn) 255,431.9 Dec 2023 quarterly Mar 1978 - Dec 2023
Government Debt: % of GDP (%) 64.3 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (MYR bn) 547.094 2028 yearly 1990 - 2028
Forecast: Government Net Debt (MYR bn) 1,832.750 2028 yearly 1990 - 2028
Forecast: Government Revenue (MYR bn) 435.266 2028 yearly 1990 - 2028
Central Government Operations: ytd: Expenditure (MYR mn) 63,282.106 Feb 2024 monthly Mar 2000 - Feb 2024
Central Govt Current Expenditure: Total (MYR mn) 69,720.292 Sep 2023 quarterly Mar 1999 - Sep 2023
Govt Debt: External (MYR mn) 281,496.000 Dec 2023 quarterly Mar 2008 - Dec 2023
Govt Debt: Domestic (MYR mn) 891,014.000 Dec 2023 quarterly Mar 2008 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.104 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,506.1 Feb 2024 monthly Jan 1990 - Feb 2024
Total Exports (USD mn) 26,315.7 Feb 2024 monthly Jan 1990 - Feb 2024
Total Exports Growth (%) -2.5 Feb 2024 monthly Jan 1991 - Feb 2024
Aluminum: Exports (USD th) 5,353,330.916 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 308,284.195 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 261,782.246 2022 yearly 1995 - 2022
Total Imports (USD mn) 23,809.5 Feb 2024 monthly Jan 1990 - Feb 2024
Total Imports Growth (%) 8.2 Feb 2024 monthly Jan 1991 - Feb 2024
Imports: Medicament (USD th) 1,514,583.396 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 907,711.591 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 2,848.699 Feb 2024 monthly Jan 1976 - Feb 2024
Total Imports from USA (USD mn) 1,608.538 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports to China (USD mn) 3,000.226 Feb 2024 monthly Jun 1976 - Feb 2024
Total Imports from China (USD mn) 4,086.219 Feb 2024 monthly Jan 1976 - Feb 2024
Trade Balance: sa (MYR mn) 11,942.874 Feb 2024 monthly Jan 1990 - Feb 2024
Imports: Taiwan (MYR mn) 4,690.016 Mar 2019 monthly Jan 1986 - Mar 2019
Imports: Value: Machinery, Appliances and Parts (MYR mn) 7,928.779 Feb 2024 monthly Jan 1989 - Feb 2024
Imports: Value: Optical and Scientific Equipment (MYR mn) 2,418.604 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Value: Electrical & Electronic Products (MYR mn) 29,641.714 Feb 2024 monthly Jan 1989 - Feb 2024
Exports: Value: Electrical & Electronic Products (MYR mn) 39,967.201 Feb 2024 monthly Jan 1989 - Feb 2024
Exports: Value: Machinery, Appliances and Parts (MYR mn) 5,256.004 Feb 2024 monthly Jan 1989 - Feb 2024
Exports: Value: Optical and Scientific Equipment (MYR mn) 4,159.120 Feb 2024 monthly Jan 1995 - Feb 2024
Import Volume Index (IVI): Total (2010=100) 176.200 Feb 2024 monthly Jan 2014 - Feb 2024
Import Volume Index; sa (2010=100) 194.400 Feb 2024 monthly Jan 2012 - Feb 2024
Export Volume index; sa (2010=100) 156.800 Feb 2024 monthly Jan 2012 - Feb 2024
Export Volume Index (EVI): Total (2010=100) 142.200 Feb 2024 monthly Jan 2014 - Feb 2024
Terms of Trade: Total (2010=100) 113.400 Feb 2024 monthly Jan 2014 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,566.6 Dec 2023 quarterly Mar 1999 - Dec 2023
Current Account Balance (USD mn) 54.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Current Account Balance: % of GDP (%) 0.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 2,569.3 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: % of GDP (%) 2.5 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment (USD mn) 834.025 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.8 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 509.6 Sep 2023 quarterly Mar 2002 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -227.930 Sep 2023 quarterly Mar 2002 - Sep 2023
External Debt (USD mn) 270,687.1 Dec 2023 quarterly Mar 2009 - Dec 2023
External Debt: % of GDP (%) 68.2 2023 yearly 2009 - 2023
External Debt: Short Term (USD mn) 112,938.5 Dec 2023 quarterly Mar 2009 - Dec 2023
External Debt: Short Term: % of GDP (%) 28.4 2023 yearly 2009 - 2023
Forecast: Current Account Balance (USD bn) 18.101 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 26,008.551 2023 yearly 2001 - 2023
BoP: CA: PI: Credit (MYR mn) 20,253.423 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc (MYR mn) -19,912.305 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Secondary Income: Debit (MYR mn) 10,442.721 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Portfolio Investment (MYR mn) -6,411.572 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Goods: Credit (MYR mn) 275,938.549 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Other Investment (MYR mn) -14,423.570 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Secondary Income: Net (MYR mn) -2,294.486 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Reserves Assets (MYR mn) 10,195.199 Dec 2023 quarterly Mar 2005 - Dec 2023
Balance of Payment (BoP): Current Account (CA) (MYR mn) 253.402 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Services: Net (MYR mn) -7,433.013 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Goods: Net (MYR mn) 30,841.543 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Direct Investment: Asset (MYR mn) -7,357.439 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: PI: Debit (MYR mn) 41,114.065 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Services: Credit (MYR mn) 54,978.930 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Secondary Income: Credit (MYR mn) 8,148.235 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Net Errors and Omissions (MYR mn) 9,585.136 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Goods: Debit (MYR mn) 245,097.006 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Capital Account (MYR mn) -121.432 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Financial Acc: Direct Investment: Liabilities (MYR mn) 12,066.459 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Portfolio Investment: Liabilities (MYR mn) 3,916.942 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Direct Investment (MYR mn) 4,709.020 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Financial Derivatives (MYR mn) -3,786.183 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: GS: Services: Debit (MYR mn) 62,411.943 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: CA: Primary Income (PI): Net (MYR mn) -20,860.642 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: Financial Acc: Portfolio Investment: Asset (MYR mn) -10,328.514 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: Medium and Long Term (ML) (MYR mn) 724,113.325 Dec 2023 quarterly Mar 2009 - Dec 2023
External Debt: Serv: Repayment: ML Term: Total (MYR mn) 129,353.000 2023 yearly 2010 - 2023
External Debt: Serv: Interest: ML Term: Total (MYR mn) 21,402.000 2023 yearly 2010 - 2023
Funds Inflow: Direct Investment Assets (DIA) (MYR mn) 44,542.336 Dec 2023 quarterly Mar 2008 - Dec 2023
Number of Bankruptcies (Unit) 436.000 Feb 2024 monthly Jan 1998 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Feb 2024 monthly Dec 2005 - Feb 2024
Household Debt: % of GDP (%) 84.2 2023 yearly 2002 - 2023
Non-Performing Loans (USD mn) 7,406.695 Feb 2024 monthly Dec 2005 - Feb 2024
Money Supply M1 (USD mn) 134,471.249 Feb 2024 monthly Dec 1969 - Feb 2024
Money Supply M2 (USD mn) 506,658.391 Feb 2024 monthly Dec 1969 - Feb 2024
M2 Growth (%) 5.6 Feb 2024 monthly Dec 1970 - Feb 2024
Reserve Requirement Ratio (%) 2.0 Mar 2024 monthly Jun 1959 - Mar 2024
Foreign Exchange Reserves (USD mn) 104,000.0 Mar 2024 monthly Apr 2000 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 2.000 Mar 2024 monthly Jun 1959 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 6.3 May 2023 monthly Dec 1990 - May 2023
Gold Reserves (USD mn) 2,800.000 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 524,779.061 Feb 2024 monthly Jan 2007 - Feb 2024
Total Deposits Growth (%) 4.0 Feb 2024 monthly Jan 2008 - Feb 2024
Domestic Credit (USD mn) 572,641.0 Feb 2024 monthly Jan 1987 - Feb 2024
Domestic Credit Growth (%) 6.8 Feb 2024 monthly Jan 1988 - Feb 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.100 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 264.543 Sep 2023 quarterly Mar 2006 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 608.873 Sep 2023 quarterly Jun 1964 - Sep 2023
Household Debt (USD mn) 334,204.7 2023 yearly 2002 - 2023
Total Loans (USD mn) 451,094.661 Feb 2024 monthly Dec 1996 - Feb 2024
Total Loans Growth (%) 5.82 Feb 2024 monthly Dec 1997 - Feb 2024
Private Debt: % of Nominal GDP (%) 115.88 Sep 2023 quarterly Dec 2001 - Sep 2023
Money Supply M3 (MYR mn) 2,423,051.566 Feb 2024 monthly Jan 2013 - Feb 2024
Banking System: Demand Deposits (MYR mn) 329,103.228 Oct 2018 monthly Jan 2007 - Oct 2018
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 74.602 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 3.1 Dec 2023 quarterly Mar 2004 - Dec 2023

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