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Kampung Rancha-Rancha, Labuan

Economy in Kampung Rancha-Rancha

Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.

Economy in Kampung Rancha-Rancha, Labuan

The local economy around Kampung Rancha-Rancha is closely tied to Labuan's broader economic drivers, including oil and gas operations, maritime shipping, offshore financial services, and local fisheries. Many residents commute short distances into the main town center or industrial zones for employment. Small-scale local businesses and tourism-related enterprises also contribute to the community's economic fabric.

Economy & Jobs

Average Salary
$14,000
Unemployment
3.80%
GDP
$0.0B
Business Score
67

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About Kampung Rancha-Rancha, Labuan

Kampung Rancha-Rancha is a prominent traditional and residential village located on the federal territory of Labuan, Malaysia. Known for its distinct coastal charm and tight-knit community, the settlement blends traditional village life with proximity to Labuan's growing economic and port hubs. Residents and visitors are drawn to its authentic cultural heritage, scenic waterfront views, and peaceful atmosphere compared to the bustling urban centers of mainland Malaysia.

About Labuan

Labuan, a Malaysian federal territory comprising Labuan Island and six smaller islands, is known as an international offshore financial center and a hub for deepwater oil and gas activities. Its economy is driven by financial services, oil and gas, tourism, halal products, and fishing. The climate is tropical, consistently warm and humid year-round, with average temperatures between 27-32°C and frequent rain, particularly from September to December. Living in Labuan generally offers an affordable and peaceful lifestyle compared to larger Malaysian cities, with reasonable costs for housing, food, and transportation.

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