In Malaysia, the income groups is divided into bottom 40 percent, middle 40 percent, and top 20 percent. In 2020, there were more than 2.78 million Malaysian households in each of the B40 and M40 income group, while 1.33 million belonged in the T20 income group.
Number of households in Malaysia in 2020, by income group
(in millions)
Characteristic
Number of households in million
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*B40 = Bottom 40 percent, households with income less than 4,360 MYR.
M40 = Middle 40 percent, households with income between 4,360 - 9,619 MYR.
T20 = Top 20 percent, households with income more than 9,619 MYR.
1 Malaysian ringgit is equal to 0.23 U.S. dollars and 0.21 euros as of March 2023.
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Statistics Malaysia. (August 6, 2021). Number of households in Malaysia in 2020, by income group (in millions) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1375147/malaysia-number-of-households-by-income-group/
Statistics Malaysia. "Number of households in Malaysia in 2020, by income group (in millions)." Chart. August 6, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1375147/malaysia-number-of-households-by-income-group/
Statistics Malaysia. (2021). Number of households in Malaysia in 2020, by income group (in millions). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1375147/malaysia-number-of-households-by-income-group/
Statistics Malaysia. "Number of Households in Malaysia in 2020, by Income Group (in Millions)." Statista, Statista Inc., 6 Aug 2021, https://www.statista.com/statistics/1375147/malaysia-number-of-households-by-income-group/
Statistics Malaysia, Number of households in Malaysia in 2020, by income group (in millions) Statista, https://www.statista.com/statistics/1375147/malaysia-number-of-households-by-income-group/ (last visited August 24, 2024)
Number of households in Malaysia in 2020, by income group (in millions) [Graph], Statistics Malaysia, August 6, 2021. [Online]. Available: https://www.statista.com/statistics/1375147/malaysia-number-of-households-by-income-group/
