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Malaysian well-being index rises to 120.6 points in 2024

Malaysia’s well-being index increased to 120.6 points, driven by economic recovery, social improvements, and environmental gains across most states.

PUTRAJAYA: The Malaysian Well-being Index (MyWI) rose to 120.6 points in 2024 from 119.4 points the previous year.

The Department of Statistics Malaysia (DOSM) reported the economic subcomposite was the main driver, increasing by 2.2 index points to 128.8.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic) said the social subcomposite rose by 1.1 points and the environmental subcomposite edged up by 0.2 points.

“For the economic subcomposite, the income and distribution component recorded the highest increase at 5.9 index points in 2024,” he said in a statement.

He stated this improvement reflects a stronger economic recovery and more balanced income distribution.

The social subcomposite growth was driven by six components, led by social participation and governance.

Improvements were also recorded in housing, entertainment and recreation, culture, and public safety.

On the environmental front, the air component increased by 1.1 index points and biodiversity resources rose by 0.2 points.

Mohd Uzir said the improvement focused on greenhouse gas emissions, access to treated water, and licensed forest area.

At the state level, most states recorded improvements in their well-being index.

Kelantan posted the highest increase of 2.0 index points, followed by Kedah and Sarawak at 1.8 points each.

Sarawak recorded the most significant rise in the economic subcomposite at 3.7 index points.

Kedah registered the highest increase in the social subcomposite at 3.0 index points.

Negeri Sembilan showed a notable improvement in the environmental subcomposite with a 4.7 point increase.

Mohd Uzir said the index confirms the overall well-being of Malaysians continues to improve.

He stated the index is the government’s main reference for formulating sustainable development policies.

The IKRM provides a comprehensive overview based on 14 components covering economic and social well-being. – Bernama

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