Malaysia recorded 5.74 million graduates in 2023, a 4.2% increase, with over two-thirds employed in skilled occupations, according to the Graduates Statistics 2023 report. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the growth to a positive economic and labor market environment.
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Malaysia Records 5.74 Million Graduates in 2023
Of the total, 4.92 million were active in the labor force, translating to a Graduate Labour Force Participation Rate (GLFPR) of 85.7%.
Employed graduates grew by 4.9% to 4.76 million, with professionals making up the largest proportion. Higher earnings were also recorded, with median monthly salaries rising by 3.4% to RM4,409.
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