Home > Salary > Malaysia > Forecast Analyst
A forecast analyst is responsible for analyzing data and trends to predict future sales or demand for a company's products or services. They gather and analyze historical data, market research, and industry trends to develop accurate forecasts. The forecasts help companies make informed decisions regarding production, inventory management, and resource allocation. Forecast analysts use statistical models, software tools, and their analytical skills to identify patterns and make predictions. They collaborate with various departments such as sales, marketing, and supply chain to gather relevant data and ensure the accuracy of the forecasts. They also monitor and evaluate the accuracy of the forecasts and make adjustments as needed. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for this role.
Estimated Yearly Salary: 109,553 MYR
Estimated Monthly Salary: 9,129 MYR
Estimated Weekly Salary: 2,107 MYR per week
Estimated Hourly Salary: 53 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,802 MYR
Estimated Weekly Salary: 2,031 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 21,939 USD
Estimated Monthly Salary: 1,828 USD
Estimated Weekly Salary: 422 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 109,553 MYR
Estimated Monthly Salary: 9,129 MYR
Estimated Weekly Salary: 2,107 MYR per week
Estimated Hourly Salary: 53 MYR per hour
By working as Forecast Analyst a person can save up to 1,117 USD per month or 13,405 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.
Estimated Yearly Salary for Forecast Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Transportation manager (118,550 MYR per year, pre-tax.)
Casino banker (30,426 MYR per year, pre-tax.)
Unit receptionist (39,914 MYR per year, pre-tax.)
Applications systems analystprogrammer (99,393 MYR per year, pre-tax.)
Interaction designer (106,435 MYR per year, pre-tax.)
Forecast Analyst salary in Malaysia
Average Yearly Salary of Forecast Analyst in Malaysia is approximately 109,553 MYR (21,939 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 Forecast Analyst do?
A forecast analyst is responsible for analyzing data and trends to predict future sales or demand for a company's products or services. They gather and analyze historical data, market research, and industry trends to develop accurate forecasts. The forecasts help companies make informed decisions regarding production, inventory management, and resource allocation. Forecast analysts use statistical models, software tools, and their analytical skills to identify patterns and make predictions. They collaborate with various departments such as sales, marketing, and supply chain to gather relevant data and ensure the accuracy of the forecasts. They also monitor and evaluate the accuracy of the forecasts and make adjustments as needed. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for this role.
Skills: forecast analyst, data analysis, trend analysis, demand forecasting, statistical modeling, inventory management
Job industry: Finance
Job industry: Finance
How much does Forecast Analyst make?
Salary details
How much does Forecast Analyst make?Estimated Yearly Salary: 109,553 MYR
Estimated Monthly Salary: 9,129 MYR
Estimated Weekly Salary: 2,107 MYR per week
Estimated Hourly Salary: 53 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 105,620 MYREstimated Monthly Salary: 8,802 MYR
Estimated Weekly Salary: 2,031 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Last revision of data: 2024-01-07Forecast Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,939 USD
Estimated Monthly Salary: 1,828 USD
Estimated Weekly Salary: 422 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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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 Forecast Analyst job salary compared to average salary in Malaysia.
Comparison shows that a person working as Forecast Analyst in Malaysia earns on average:
1.4 times the average salary (or 140% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Forecast Analyst job salary compared to average salary in Malaysia.
Comparison shows that a person working as Forecast Analyst in Malaysia earns on average:
1.4 times the average salary (or 140% of average salary).
Is Forecast Analyst a well paid job?
Yes, our data shows that Forecast Analyst 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 Forecast Analyst?
High salary for Forecast Analyst would be somewhere between 120,508 MYR and 158,852 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Forecast Analyst 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: 109,553 MYR
Estimated Monthly Salary: 9,129 MYR
Estimated Weekly Salary: 2,107 MYR per week
Estimated Hourly Salary: 53 MYR per hour
By working as Forecast Analyst a person can save up to 1,117 USD per month or 13,405 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 Forecast Analyst
Thailand is 8,882 USD
Indonesia is 13,041 USD
Singapore is 82,315 USD
Brunei is 38,720 USD
Vietnam is 4,944 USD
Philippines is 4,841 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Malaysia
(927,752 MYR per year, pre-tax.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(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.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Transportation manager (118,550 MYR per year, pre-tax.)
Casino banker (30,426 MYR per year, pre-tax.)
Unit receptionist (39,914 MYR per year, pre-tax.)
Applications systems analystprogrammer (99,393 MYR per year, pre-tax.)
Interaction designer (106,435 MYR per year, pre-tax.)
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