Poverty Rate In Malaysia 2017

The incidence of poverty in malaysia decreased substantially from 3 8 in 2009 to 1 7 in 2012.

Poverty rate in malaysia 2017. Problems and perspectives in management volume 15 issue 1 2017 55 rabiul islam malaysia ahmad bashawir abdul ghani malaysia irwansha h zainal abidin malaysia jeya malar rayaiappan malaysia impact on poverty and income inequality in malaysia s economic growth abstract. Malaysia global economic prospects examines trends for the world economy and how they affect developing countries. Malaysia poverty rate for 2013 was 4 00 a 4 6 decline from 2011. The central intelligence agency cia world factbook 2017 has reported that malaysia s poverty rate is the lowest when compared with other southeast asian countries says.

The report includes country specific three year forecasts for major macroeconomic indicators including commodity and financial markets. As a result of revisions in ppp exchange rates poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions. Annualized growth in real per capita median income or consumption expenditure circa 2011 2017. Malaysia poverty rate for 2015 was 2 70 a 1 3 decline from 2013.

Poverty in malaysia is a controversial economic issue. Population total millions 31 5 2018 31 9 2019. 8 3 bottom 40 6 total. The definition of poverty and the poverty line for malaysians has been disputed and government policies to address poverty such as the malaysian new economic policy have been met with political protest.

Throughout 2009 2012 the high increase in average household monthly income along with low inflation rate has given a significant effect to the decrease in poverty incidence.