Subscribe to our Telegram channel for the latest updates on Covid-19 and other issues.
The Statistics Department has revealed that the poverty line income for the average Malaysian household has risen to RM2,208 per month.
This figure is over twice the last national poverty line of RM980 monthly per household which was calculated in 2005.
The revelation was made in the 2019 Household Income and Basic Amenities Survey Report and Household Expenditure Survey Report released today.
Chief Statistician Malaysia, Datuk Seri Dr Mohd Uzir Mahidin explained this analysis has been refined with some updates which includes a revision on the poverty line income (PLI) according to current needs that emphasizes on optimal food intake and quality non-food basic requirements.
This translates to the average Malaysian household (3.9 persons) requiring RM1,038 monthly for optimal food intake.
Another startling revelation in the report is the rise of income inequality in Malaysia, measured using the Gini coefficient where a higher value shows greater inequality. A Gini of zero means everyone is earning the same amount.
In 2019, Malaysia’s Gini coefficient stands at 0.407, a 0.008 point increase from 2016’s 0.399 which marked the first time the figure dropped below 0.4. For reference, Malaysia’s Gini index in 2014 was 0.401 – which means the 2019 figure is worse.
The income inequality based on gross income increased for both the urban (0.389 to 0.398) and rural (0.364 to 0.367) areas.
This income inequality also increased for all three major ethnic groups― Bumiputera (0.385 to 0.389), Chinese (0.411 to 0.417), Indians (0.382 to 0.411).
The data also shows that income inequality within the Bumiputera group is lesser than in Chinese and Indian groups.
She puts the pun in Punjabi. With a background in healthcare, lifestyle writing and memes, this lady's articles walk a fine line between pun-dai and pun-ishing.