Poverty Line Income In Malaysia 2018

The department of statistics malaysia has conducted household income and basic amenities survey his ba in 2016 and 2017 to collect data on the characteristics of malaysian household particularly on income and basic amenities. The new pli is now rm2 208 based on the calculations from the 2019 methodology. The department of statistics malaysia dosm today 10 july announced that malaysia s poverty line income pli has been revised.

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Malaysia s poverty line income pli has been revised from a monthly household income of rm980 to rm2 208 thus pushing up the country s poverty rate from 0 4 in 2016 to 5 6 last.

Poverty line income in malaysia 2018. 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. The incidence of poverty in malaysia decreased substantially from 3 8 in 2009 to 1 7 in 2012. A higher poverty line would better measure poverty rates in a high income nation says deputy minister of international trade and investment dr ong kian ming. Thus when malaysia s department of statistics announced on jul 10 it had revised the country s poverty line income pli from rm980 to rm2 280 people like mr lazim said the news was welcome.

Poverty and income inequality are extreme issues that still exist in malaysia. In announcing the new national poverty line income pli malaysia s chief statistician datuk seri mohd uzir mahidin explained that the new figure was obtained based on changes in methodology that now emphasised healthy eating and quality basic. Any rise in poverty and income inequality defi nitely affect economic growth. Though malaysia poverty rate at national poverty line fluctuated substantially in recent years it tended to decrease through 2002 2015 period ending at 0 4 in 2015.

National poverty rate is the percentage of the population living below the national poverty line. Based on the new poverty line income dosm said malaysia s poverty levels have fallen in 2019 when compared to the last available figures in 2016. There are many great efforts taken by the government of malaysia to eradicate poverty and to reduce the gap of income inequality which occurs since 1970 s. Incidence of poverty by ethnic and strata.

The report includes country specific three year forecasts for major macroeconomic indicators including commodity and financial markets. In 2015 poverty rate at national poverty line for malaysia was 0 4. Malaysia global economic prospects examines trends for the world economy and how they affect developing countries. Personal interviewing approach was used for a period of twelve months starting from may 2016 until april 2017.