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MEF Academy Events
 23[IT] PowerPivot: Powerful Data Analysis and Data Modelling in Microsoft Excel23-24 May 2024 (9.00 AM – 5.00 PM)
 29Workplace Communication and Conflict Resolution Skills29-30 May 2024 (8.30 AM – 5.00 PM)
 30GOAL SETTING FOR PROFESSIONALS30 May 2024 (9.00 AM – 5.00 PM)
 04Training Impact – What Next?4-5 June 2024 (8.30 AM – 5.00 PM)
 05[PJ] LEADERSHIP FOR SUPERVISORS5 June 2024 (9.00 AM – 5.00 PM)
 05[Kuching] “Conducting Domestic Inquiry” - Doing it Right in the Workplace5 June 2024; 26 June 2024 (8.30 AM – 5.00 PM)
 05[Face to Face] Harness the power of AI for HR5-6 June 2024 (9.00 AM – 5.00 PM)
 06Business Communication Series: Online Presentation Skills6 June 2024 (8.30 AM – 5.00 PM)
 06[PJ] HR FOR BEGINNERS6-7 June 2024 (8.30 AM – 5.00 PM)
 10[JB] HR FOR BEGINNERS10-11 June 2024 (JB); 9-10 July 2024 (Batu Pahat)
 10[IT] Microsoft Excel Essential Skills (Level 1 & 2) 10-11 June 2024; 15-16 July 2024 (9.00 AM – 5.00 PM)
 10DISCIPLINARY PROCEDURES10 June 2024 (9.00 AM – 5.00 PM)
 

Key Statistics
Type of Statistics to view:      

2019 2020 2021 2022e 2023f
Key Indicators*   
Population (million)32.432.632.632.732.8
Real GDP (% Growth)4.4-5.63.16.5 - 7.04.0 - 5.0
Per Capita Income (RM)45,21242,59846,05150,31453,286
GDP Per Capita (USD)11,231.410,231.311,449.612,207.912,904.6
CPI (2010 = 100)121.5120.1123.1N/AN/A
CPI (% Growth)0.7-1.22.53.12.8 - 3.3
Labour Indicators*   
Labour Force ('000)15.581.615,667.715,797.215,933.116,140.2
Labour Force Particpation Rate (%)68.768.468.668.5N/A
Employment ('000)15,073.414,956.715,064.215,303.715,563.9
Unemployment Rate (%)3.34.54.63.8 - 4.03.5 - 3.7
Labour Productivity2.2-5.31.84.1N/A
Foreign Workers ('000)1,999.61,483.41,171.91,244.4N/A
No. of Collective Agreements signed29818785N/AN/A
Collective Agreements signed
(workers covered, thousands)
N/AN/AN/AN/AN/A
Average Salary Increase**
Executive (%)5.15%4.82%4.40%5.26%5.44%
Non Executive (%)4.96%4.79%4.43%5.35%5.43%
Average Bonus Granted**
Executive (months)1.901.941.582.062.18
Non Executive (months)1.671.651.441.772.06
 
eEstimates  
fForecast  
Source: * Data compiled from Economic Outlook 2023, Ministry of Finance Malaysia
             ** MEF Salary Surveys for Executives & Non Executives

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