Malaysia: Self-employment
* indicates monthly or quarterly data series
Malaysia |
Self-employment, percent of total employment |
---|---|
Latest value | 24.74 |
Year | 2022 |
Measure | percent |
Data availability | 1991 - 2022 |
Average | 25.66 |
Min - Max | 23.22 - 28.89 |
Source | The World Bank |
The latest value from 2022 is 24.74 percent, a decline from 24.91 percent in 2021. In comparison, the world average is 40.56 percent, based on data from 179 countries. Historically, the average for Malaysia from 1991 to 2022 is 25.66 percent. The minimum value, 23.22 percent, was reached in 2011 while the maximum of 28.89 percent was recorded in 1991.
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Definition: Self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs." i.e. jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers include four sub-categories of employers, own-account workers, members of producers' cooperatives, and contributing family workers.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Labor force | 17.31 | 2023 | million people |
Unemployment rate | 3.86 | 2023 | percent |
Female unemployment | 4.03 | 2023 | percent |
Male unemployment | 3.74 | 2023 | percent |
Youth unemployment | 12.49 | 2023 | percent |
Labor force participation | 65.02 | 2023 | percent |
Labor force: percent female | 38.95 | 2023 | percent |
Female labor force participation | 51.60 | 2023 | percent |
Male labor force participation | 77.97 | 2023 | percent |
Self-employment | 24.74 | 2022 | percent |
Employment | 16.61 | 6/2024 | million employed people |
Unemployment rate | 3.30 | 6/2024 | percent |