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Myanmar (Burma)

Headline economic indicators for Myanmar (Burma), with the most recent official readings.

Prices

Prices — Myanmar (Burma)
Indicator Value Change
Inflation rate · 8.8% +1.95 (+28.4%)
Consumer price index · 168.2 +13.64 (+8.8%)
GDP deflator inflation · 12.5% +0.48 (+4.0%)

GDP

GDP — Myanmar (Burma)
Indicator Value Change
GDP growth rate · -2.0% -1.04 (-107.0%)
GDP per capita · 1,488.88 +129.83 (+9.6%)
GDP per capita, long-run history · 5,177 +64.10 (+1.3%)
GDP · 81,665,773,809.52 +7,597,424,286 (+10.3%)
GDP, PPP · 329,736,585,933 +2,399,493,945 (+0.7%)
GDP per capita, PPP · 6,012 +5.36 (+0.1%)
GDP per capita growth · -2.6% -1.00 (-61.1%)
GNI per capita · 1,320 +110.00 (+9.1%)
Agriculture to GDP · 25.3% +0.00 (+0.0%)
Industry to GDP · 36.2% +0.00 (+0.0%)
Manufacturing to GDP · 25.1% +0.00 (+0.0%)
Services to GDP · 38.5% +0.00 (+0.0%)

Labour

Labour — Myanmar (Burma)
Indicator Value Change
Unemployment rate · 3.0% +0.16 (+5.5%)
Labour force participation rate · 55.1% -0.04 (-0.1%)
Female labour force participation rate · 40.9% -0.02 (-0.0%)
Youth unemployment rate · 9.8% -0.16 (-1.6%)
Employment to population ratio · 53.4% -0.13 (-0.2%)
Employment in agriculture · 45.0% -0.40 (-0.9%)
Employment in industry · 18.2% +0.03 (+0.2%)
Employment in services · 36.9% +0.37 (+1.0%)

Money

Money — Myanmar (Burma)
Indicator Value Change
Real interest rate · 9.0% -1.03 (-10.2%)
Broad money to GDP · 69.2% +13.10 (+23.3%)
Private sector credit to GDP · 29.0% +2.34 (+8.8%)
Lending rate · 14.8% -1.17 (-7.3%)
Bank deposit rate · 5.8% -2.17 (-27.1%)
Official exchange rate · 1,381.62 -136.64 (-9.0%)

Trade

Trade — Myanmar (Burma)
Indicator Value Change
Current account to GDP · 0.1% +3.86 (+102.4%)
Trade balance, goods and services (annual) · 167,245,038.94 +3,103,438,332 (+105.7%)
Current account balance (annual) · 67,720,479.41 +2,628,879,048 (+102.6%)
Foreign direct investment to GDP · 1.3% -0.17 (-11.7%)
Remittances received to GDP · 3.4% -0.54 (-13.7%)
Total reserves, including gold · 9,337,819,633.16 +1,155,868,253 (+14.1%)
Reserves in months of imports · 3.3 +0.18 (+5.7%)
External debt to GNI · 15.3% -3.29 (-17.7%)

Government

Government — Myanmar (Burma)
Indicator Value Change
Government revenue to GDP · 14.4% +7.38 (+105.2%)
Government expense to GDP · 13.8% +7.39 (+115.9%)
Tax revenue to GDP · 6.0% +3.26 (+118.3%)
Government budget balance to GDP · -3.6% -2.87 (-373.3%)
Education spending to GDP · 2.0% +0.01 (+0.4%)
Health spending to GDP · 4.5% -0.03 (-0.8%)

Demography

Demography — Myanmar (Burma)
Indicator Value Change
Population · 54,850,648 +350,557 (+0.6%)
Population, long-run history · 56,210 +395.51 (+0.7%)
Population growth · 0.6% -0.03 (-4.9%)
Life expectancy · 67.1 +0.21 (+0.3%)
Fertility rate · 2.10 -0.02 (-0.8%)
Birth rate · 16.5 -0.23 (-1.4%)
Death rate · 9.2 +0.02 (+0.3%)
Urban population share · 30.6% +0.13 (+0.4%)
Population aged 65 and over · 7.5% +0.22 (+3.0%)
Under-five mortality rate · 36.9 -1.20 (-3.1%)
Population density · 83.5 +0.56 (+0.7%)
Net migration · -39,661 -1,682 (-4.4%)
Gini index · 30.7 -7.40 (-19.4%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

Myanmar (Burma)

Economies nearby

Comparable readings from neighbouring economies.