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Economic Development Director salary in Malaysia

Average Yearly Salary of Economic Development Director in Malaysia is approximately 124,466 MYR (24,886 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Economic Development Director do?

occupation personasAn Economic Development Director is responsible for promoting and stimulating economic growth within a specific region or community. They work closely with government agencies, businesses, and community organizations to attract new businesses, retain existing ones, and create job opportunities. The role involves conducting market research, analyzing data, and identifying potential industries for development. Economic Development Directors also develop and implement strategies to improve infrastructure, support small businesses, and enhance the overall business climate. They collaborate with stakeholders to secure funding, grants, and incentives for economic development projects. Additionally, they may represent the region at conferences, trade shows, and meetings to promote investment opportunities.

Skills: Economic Development, Business Growth, Job Creation, Community Development, Market Research, Infrastructure Improvement.
Job industry: Government


How much does Economic Development Director make?

Salary details
How much does Economic Development Director make?
Estimated Yearly Salary: 124,466 MYR
Estimated Monthly Salary: 10,372 MYR
Estimated Weekly Salary: 2,394 MYR per week
Estimated Hourly Salary: 60 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 120,155 MYR
Estimated Monthly Salary: 10,013 MYR
Estimated Weekly Salary: 2,311 MYR per week
Estimated Hourly Salary: 58 MYR per hour
Last revision of data: 2024-01-06



Economic Development Director estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 24,886 USD
Estimated Monthly Salary: 2,074 USD
Estimated Weekly Salary: 479 USD per week
Estimated Hourly Salary: 12 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.

Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Director job salary compared to average salary in Malaysia.
Comparison shows that a person working as Economic Development Director in Malaysia earns on average:
1.59 times the average salary (or 159% of average salary).

Is Economic Development Director a well paid job?

Yes, our data shows that Economic Development Director is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Economic Development Director?

High salary for Economic Development Director would be somewhere between 136,913 MYR and 180,476 MYR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economic Development Director in Malaysia?

Living in Malaysia the approximate monthly expenses are: 711 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 124,466 MYR
Estimated Monthly Salary: 10,372 MYR
Estimated Weekly Salary: 2,394 MYR per week
Estimated Hourly Salary: 60 MYR per hour
By working as Economic Development Director a person can save up to 1,363 USD per month or 16,352 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Malaysia, see costs of living in Malaysia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Economic Development Director

Thailand is 10,129 USDdown arrow 59%
Details on Economic Development Director salary in Thailand
Indonesia is 14,754 USDdown arrow 41%
Details on Economic Development Director salary in Indonesia
Singapore is 93,763 USDup arrow 277%
Details on Economic Development Director salary in Singapore
Brunei is 43,905 USDup arrow 76%
Details on Economic Development Director salary in Brunei
Vietnam is 5,598 USDdown arrow 78%
Details on Economic Development Director salary in Vietnam
Philippines is 5,513 USDdown arrow 78%
Details on Economic Development Director salary in Philippines
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Malaysia

(927,752 MYR per year, pre-tax.)
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
(722,312 MYR per year, pre-tax.)
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
(703,305 MYR per year, pre-tax.)

Data as of 2025

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The salary figures presented here are meant for informational purposes only.
This website aggregates salary data for informational purposes exclusively. We attempt to provide accurate figures, but do not guarantee their precision. Users are encouraged to consult official sources before making financial decisions. Salary amounts can vary due to company policies, market demands, and skills. We assume no liability for inconsistencies in the salary information provided. Your engagement with this site confirms understanding of this policy.
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