Malaysia Unemployment Rate

2010 - 2024 | Monthly | % | Department of Statistics

Key information about Malaysia Unemployment Rate

  • Malaysia Unemployment Rate remained the same at 3.30% in Feb 2024, from the previously reported figure of 3.30% in Jan 2024.
  • Malaysia Unemployment Rate is updated monthly, available from Jan 2010 to Feb 2024, with an average rate of 3.30%.
  • The data reached an all-time high of 5.20% in May 2020 and a record low of 2.60% in Sep 2014.
  • The data is reported by reported by Department of Statistics.
  • In the latest reports, Malaysia Population reached 32.70 million people in Dec 2022.


View Malaysia's Unemployment Rate from Jan 2010 to Feb 2024 in the chart:

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Malaysia Unemployment Rate
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Malaysia Unemployment Rate

What was Malaysia's Unemployment Rate in Feb 2024?

Malaysia Unemployment Rate remained the same at 3.30% in Feb 2024, from the previously reported figure of 3.30% in Jan 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.30 Feb 2024 3.30 Jan 2024 2.60 Sep 2014 5.20 May 2020 % monthly Jan 2010 - Feb 2024

Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Albania (%) 10.54 Sep 2023 quarterly Mar 2012 - Sep 2023
Algeria (%) 11.40 Jun 2019 quarterly Mar 2014 - Jun 2019
Argentina (%) 6.90 Mar 2023 quarterly Jun 1990 - Mar 2023
Armenia (%) 13.10 Dec 2023 quarterly Mar 2008 - Dec 2023
Australia (%) 3.84 Mar 2024 monthly Feb 1978 - Mar 2024
Austria (%) 4.90 Nov 2023 monthly Jan 1993 - Nov 2023
Azerbaijan (%) 5.64 Mar 2023 quarterly Mar 2008 - Mar 2023
Bahrain (%) 5.90 2020 yearly 1991 - 2020
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.10 Mar 2024 monthly Oct 2004 - Mar 2024
Belgium (%) 5.50 Feb 2024 monthly Jan 1983 - Feb 2024
Bolivia (%) 2.83 Dec 2023 quarterly Dec 2015 - Dec 2023
Bosnia and Herzegovina (%) 13.20 2023 yearly 2006 - 2023
Botswana (%) 20.68 2022 yearly 1991 - 2022
Brazil (%) 7.80 Feb 2024 monthly Mar 2012 - Feb 2024
Brunei (%) 5.20 2022 yearly 1981 - 2022
Bulgaria (%) 4.20 Dec 2023 quarterly Mar 2000 - Dec 2023
Cambodia (%) 2.40 2020 yearly 2020 - 2020
Canada (%) 6.10 Mar 2024 monthly Jan 1976 - Mar 2024
Chile (%) 8.50 Feb 2024 monthly Mar 2009 - Feb 2024
China (%) 5.20 Mar 2024 quarterly Mar 2017 - Mar 2024
Colombia (%) 12.12 Mar 2022 monthly Jan 2021 - Mar 2022
Croatia (%) 6.80 Dec 2022 quarterly Mar 1998 - Dec 2022
Cyprus (%) 6.40 Feb 2024 monthly Jan 2000 - Feb 2024
Czech Republic (%) 2.73 Feb 2024 monthly Jan 1993 - Feb 2024
Denmark (%) 4.90 Apr 2023 monthly Jan 2007 - Apr 2023
Ecuador (%) 3.76 Mar 2024 quarterly Dec 2013 - Mar 2024
Egypt (%) 6.90 Dec 2023 quarterly Mar 2003 - Dec 2023
Estonia (%) 5.30 Mar 2023 quarterly Mar 1997 - Mar 2023
European Union (%) 6.00 Feb 2024 monthly Jan 2000 - Feb 2024
Finland (%) 6.90 Apr 2023 monthly Jan 1988 - Apr 2023
France (%) 7.20 Jun 2023 quarterly Mar 1975 - Jun 2023
Georgia (%) 17.26 2022 yearly 1991 - 2022
Germany (%) 3.20 Feb 2024 monthly Jan 1991 - Feb 2024
Ghana (%) 3.56 2023 yearly 1991 - 2023
Greece (%) 11.20 Apr 2023 monthly Apr 1998 - Apr 2023
Hong Kong SAR, China (%) 3.00 Mar 2024 monthly Oct 1981 - Mar 2024
Hungary (%) 4.70 Feb 2024 monthly Jan 2000 - Feb 2024
Iceland (%) 3.68 Feb 2024 monthly Jan 2003 - Feb 2024
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 5.32 2023 yearly 1984 - 2023
Iran (%) 9.40 Mar 2022 quarterly Jun 2001 - Mar 2022
Ireland (%) 4.10 Jul 2023 monthly Jan 1998 - Jul 2023
Israel (%) 3.30 Mar 2024 monthly Jan 2012 - Mar 2024
Italy (%) 7.46 Feb 2024 monthly Jan 1983 - Feb 2024
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 2.60 Mar 2024 monthly Jan 1953 - Mar 2024
Jordan (%) 22.30 Feb 2024 quarterly Feb 2000 - Feb 2024
Kazakhstan (%) 4.70 Mar 2024 monthly Jan 2001 - Mar 2024
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 2.80 Mar 2024 monthly Jun 1999 - Mar 2024
Kosovo (%) 11.50 Mar 2023 quarterly Mar 2016 - Mar 2023
Kuwait (%) 0.93 2021 yearly 1999 - 2021
Kyrgyzstan (%) 4.90 2022 yearly 1992 - 2022
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 6.80 Mar 2024 monthly Jan 1998 - Mar 2024
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 7.30 Mar 2024 monthly Jan 1998 - Mar 2024
Luxembourg (%) 5.63 Mar 2024 monthly Jan 1995 - Mar 2024
Macau SAR, China (%) 2.10 Mar 2024 monthly Sep 1996 - Mar 2024
North Macedonia (%) 13.00 Dec 2023 quarterly Mar 2023 - Dec 2023
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 3.30 Feb 2024 monthly Jan 2010 - Feb 2024
Malta (%) 2.85 Dec 2023 quarterly Mar 2018 - Dec 2023
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 2.58 Feb 2024 monthly Jan 2005 - Feb 2024
Moldova (%) 5.55 Mar 2023 quarterly Mar 1999 - Mar 2023
Mongolia (%) 3.92 Dec 2023 quarterly Sep 2006 - Dec 2023
Montenegro (%) 12.20 Dec 2023 quarterly Mar 2008 - Dec 2023
Morocco (%) 13.30 Dec 2023 quarterly Mar 1999 - Dec 2023
Mozambique (%) 3.67 2023 yearly 1991 - 2023
Myanmar (%) 1.79 2020 yearly 1991 - 2020
Nepal (%) 4.44 2020 yearly 1991 - 2020
Netherlands (%) 3.10 Jul 2021 monthly Jan 2003 - Jul 2021
New Zealand (%) 4.00 Dec 2023 quarterly Mar 1986 - Dec 2023
Nigeria (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Norway (%) 3.90 Feb 2024 monthly Jan 1989 - Feb 2024
Oman (%) 2.80 Mar 2024 monthly Mar 2018 - Mar 2024
Pakistan (%) 6.30 2021 yearly 1980 - 2021
Palestinian Territory (%) 24.10 Sep 2023 quarterly Mar 2000 - Sep 2023
Panama (%) 7.40 2023 yearly 2003 - 2023
Paraguay (%) 5.23 Dec 2023 quarterly Mar 2017 - Dec 2023
Peru (%) 7.71 Mar 2024 monthly Mar 2001 - Mar 2024
Philippines (%) 4.50 Apr 2023 quarterly Jul 1982 - Apr 2023
Poland (%) 5.30 Mar 2024 monthly Jan 1990 - Mar 2024
Portugal (%) 7.20 Jan 2021 monthly Feb 1998 - Jan 2021
Qatar (%) 0.10 2019 yearly 1997 - 2019
Romania (%) 5.60 Apr 2023 monthly Jan 2004 - Apr 2023
Russia (%) 2.80 Feb 2024 monthly Jan 1994 - Feb 2024
Saudi Arabia (%) 4.43 Dec 2023 quarterly Mar 2012 - Dec 2023
Serbia (%) 9.10 Dec 2023 quarterly Mar 2014 - Dec 2023
Singapore (%) 1.90 May 2023 monthly Mar 2020 - May 2023
Slovakia (%) 3.88 Mar 2024 monthly Jan 2006 - Mar 2024
Slovenia (%) 3.40 Dec 2023 quarterly Jun 1997 - Dec 2023
South Africa (%) 32.10 Dec 2023 quarterly Mar 2008 - Dec 2023
Spain (%) 12.29 Mar 2024 quarterly Sep 1976 - Mar 2024
Sri Lanka (%) 4.30 Dec 2023 quarterly Mar 2004 - Dec 2023
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 7.22 Apr 2023 monthly Jan 1983 - Apr 2023
Switzerland (%) 4.01 Dec 2023 monthly Jan 1991 - Dec 2023

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Malaysia Key Series

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Includes 247 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) 553.551 2029 yearly 1990 - 2029
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: Domestic (MYR mn) 891,014.000 Dec 2023 quarterly Mar 2008 - Dec 2023
Govt Debt: External (MYR mn) 281,496.000 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) 3,186.573 Mar 2024 monthly Jan 1976 - Mar 2024
Total Imports from USA (USD mn) 1,813.519 Mar 2024 monthly Jan 1976 - Mar 2024
Total Exports to China (USD mn) 3,463.882 Mar 2024 monthly Jun 1976 - Mar 2024
Total Imports from China (USD mn) 4,796.847 Mar 2024 monthly Jan 1976 - Mar 2024
Trade Balance: sa (MYR mn) 7,680.136 Mar 2024 monthly Jan 1990 - Mar 2024
Imports: Taiwan (MYR mn) 4,690.016 Mar 2019 monthly Jan 1986 - Mar 2019
Imports: Value: Machinery, Appliances and Parts (MYR mn) 7,993.785 Mar 2024 monthly Jan 1989 - Mar 2024
Imports: Value: Optical and Scientific Equipment (MYR mn) 2,795.550 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Value: Electrical & Electronic Products (MYR mn) 37,402.281 Mar 2024 monthly Jan 1989 - Mar 2024
Exports: Value: Electrical & Electronic Products (MYR mn) 49,771.461 Mar 2024 monthly Jan 1989 - Mar 2024
Exports: Value: Machinery, Appliances and Parts (MYR mn) 6,392.976 Mar 2024 monthly Jan 1989 - Mar 2024
Exports: Value: Optical and Scientific Equipment (MYR mn) 5,270.372 Mar 2024 monthly Jan 1995 - Mar 2024
Export Volume index; sa (2010=100) 152.900 Mar 2024 monthly Jan 2012 - Mar 2024
Export Volume Index (EVI): Total (2010=100) 161.600 Mar 2024 monthly Jan 2014 - Mar 2024
Import Volume Index; sa (2010=100) 192.100 Mar 2024 monthly Jan 2012 - Mar 2024
Import Volume Index (IVI): Total (2010=100) 203.000 Mar 2024 monthly Jan 2014 - Mar 2024
Terms of Trade: Total (2010=100) 115.200 Mar 2024 monthly Jan 2014 - Mar 2024
Imports: MG: Iron and Steel (MYR mn) 3,017.018 Mar 2024 monthly Jan 1990 - Mar 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: Financial Acc: Other Investment (MYR mn) -14,423.570 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: PI: Credit (MYR mn) 20,253.423 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: Financial Acc: Direct Investment: Asset (MYR mn) -7,357.439 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: CA: GS: Goods: Credit (MYR mn) 275,938.549 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: Reserves Assets (MYR mn) 10,195.199 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: CA: GS: Services: Credit (MYR mn) 54,978.930 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: Services: Debit (MYR mn) 62,411.943 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: Financial Acc: Portfolio Investment: Asset (MYR mn) -10,328.514 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: Financial Acc: Direct Investment: Liabilities (MYR mn) 12,066.459 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: CA: GS: Goods: Net (MYR mn) 30,841.543 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: Capital Account (MYR mn) -121.432 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Financial Acc (MYR mn) -19,912.305 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: CA: PI: Debit (MYR mn) 41,114.065 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
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 Apr 2024 monthly Jun 1959 - Apr 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) 579,186.6 Mar 2024 monthly Jan 1987 - Mar 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) 2,434,371.835 Mar 2024 monthly Jan 2013 - Mar 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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