Statistics Poverty In Malaysia

Malaysia poverty rate for 2015 was 2 70 a 1 3 decline from 2013.

Statistics poverty in malaysia. By using the new methodology malaysia s absolute poverty rate would be recorded as improving from 7 61 per cent in 2016 to 5 6 per cent in 2019. The number of poor households has reduced by 52 7 from 228 400 to 108 000 during the same period. As a result of revisions in ppp exchange rates poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions. Malaysia global economic prospects examines trends for the world economy and how they affect developing countries.

Rm920 per month for a family of two adults and three children. This would translate into a decrease in households. The incidence of poverty in malaysia decreased substantially from 3 8 in 2009 to 1 7 in 2012. The overall incidence of poverty has improved from 0 6 per cent in 2014 to 0 4 per cent in 2016.

The report includes country specific three year forecasts for major macroeconomic indicators including commodity and financial markets. Malaysia stated that its poverty figures was down to 0 4 in 2016 when compared to 49 in 1970. Reduction in the incidence of poverty has reduced in both urban and rural areas. Similarly poverty incidence in the urban and rural areas depicted the same trend whereby it decreased to 0 2 per cent and 1 0 per cent respectively.

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. If the 2005 methodology had been used the poverty rate would have been 0 2 per cent involving only. This poverty level under mpi fell further to only 0 86 per cent of households nationwide in 2016.

Previously under the 2005 methodology the pli was benchmarked at rm980 based on the basic requirements for a household to live. However un officials argued that malaysia has set the poverty line too low and household income more than rm 980 but less than rm 2000 are in fact under the poverty category also. This is because malaysia defined poverty as household income per month less than rm 980. According to government statistics poverty is virtually non existent in malaysia the barisan nasional bn government pegged its incidence at 0 6 of the population in 2014.

It is still unrealistic now. Based on the mpi benchmarks used by malaysia the official findings in 2014 showed only 1 1 per cent of total households nationwide were multidimensionally poor or facing deprivations in multiple aspects of life.