M’sia Set For High-Income Status By 2028 As 5 States Cross Threshold, Says World Bank Economist

Kuala Lumpur's gross national income per capita stands at RM135,800, the highest in the country.

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Malaysia is well on its way to achieving high-income nation status by 2028, according to the World Bank's Lead Economist for Malaysia Apurva Sanghi

In an X post today, 11 July, Apurva shared an update that Malaysia is on track to achieve high-income nation status, with the current gross national income (GNI) per capita standing at RM53,400.

The economist said a country must have a GNI per capita of at least RM63,800 to qualify as a high-income nation.

Malaysia is about 16.3% away from hitting the high-income mark.

"Using the latest GNI per capita data 2024, five states [and territories] have reached high-income status, but Malaysia as a whole has not," read an infographic shared by Apurva

The five high-income states and territories are:

  • Kuala Lumpur: RM135,800
  • Labuan: RM86,700
  • Penang: RM75,700
  • Sarawak: RM73,100
  • Selangor: RM65,600


Here are the states below the threshold:

  • Negeri Sembilan: RM53,100
  • Malacca: RM51,100
  • Johor: RM45,100
  • Terengganu: RM42,300
  • Pahang: RM41,000
  • Perak: RM34,300
  • Sabah: RM33,200
  • Kedah: RM27,200
  • Perlis: RM24,600
  • Kelantan: RM17,300

This is not the first time Apurva has made such a statement, but his latest post on X includes updated figures adjusted for current economic trends

In October last year, he said the high-income threshold stood at USD14,005 (about RM60,000 at the time).

It has since increased slightly to about USD14,900 (RM63,800).

Malaysia is currently classified as an upper-income nation, a status it has held since 1980.

In October last year, Apurva said that high-income status for Malaysia was within reach:
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