Myanmar ranked 85/197 by economy size with a GDP of $74.1B and 165/197 by GDP per capita at $1,359. Myanmar has $45.4B in government debt, with a debt-to-GDP ratio of 62.6%.
In 2025, Myanmar made up 0.07% of the world's economy, compared to 0.04% in 1960.
The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.
| Year | GDP | GDP growth | |
|---|---|---|---|
| Current $ | Constant $ | ||
| 1960 | $545,098,448 | $2,819,978,877 | - |
| 1961 | $605,581,577 | $2,833,276,800 | 11.1% |
| 1962 | $634,528,872 | $2,949,069,211 | 4.78% |
| 1963 | $598,998,419 | $3,342,749,158 | -5.6% |
| 1964 | $411,419,906 | $3,145,726,893 | -31.3% |
| 1965 | $367,053,117 | $3,482,088,444 | -10.8% |
| 1966 | $293,103,479 | $3,313,145,218 | -20.1% |
| 1967 | $420,359,036 | $3,116,832,787 | 43.4% |
| 1968 | $559,956,130 | $3,492,702,256 | 33.2% |
| 1969 | $571,854,215 | $3,607,672,972 | 2.12% |
| 1970 | $563,555,631 | $3,787,310,936 | -1.45% |
| 1971 | $587,448,405 | $3,943,725,456 | 4.24% |
| 1972 | $662,213,083 | $4,039,788,352 | 12.7% |
| 1973 | $719,754,655 | $4,000,678,162 | 8.69% |
| 1974 | $1,225,589,878 | $4,214,409,420 | 70.3% |
| 1975 | $1,061,107,354 | $4,389,421,587 | -13.4% |
| 1976 | $1,204,699,849 | $4,656,315,812 | 13.5% |
| 1977 | $873,579,932 | $4,933,473,074 | -27.5% |
| 1978 | $935,408,775 | $5,255,027,822 | 7.08% |
| 1979 | $952,265,043 | $5,528,356,401 | 1.8% |
| 1980 | $1,038,225,167 | $5,967,227,079 | 9.03% |
| 1981 | $1,111,000,765 | $6,346,489,388 | 7.01% |
| 1982 | $1,481,165,468 | $6,702,138,811 | 33.3% |
| 1983 | $1,381,573,615 | $6,996,435,938 | -6.72% |
| 1984 | $1,304,063,253 | $7,341,551,094 | -5.61% |
| 1985 | $1,478,908,173 | $7,550,858,733 | 13.4% |
| 1986 | $1,582,873,750 | $7,471,019,822 | 7.03% |
| 1987 | $1,562,448,077 | $7,171,758,277 | -1.29% |
| 1988 | $1,541,088,312 | $6,357,588,760 | -1.37% |
| 1989 | $2,013,448,229 | $6,592,520,573 | 30.7% |
| 1990 | $2,115,193,513 | $6,778,227,479 | 5.05% |
| 1991 | $2,069,832,687 | $6,734,127,185 | -2.14% |
| 1992 | $2,411,552,289 | $7,384,707,337 | 16.5% |
| 1993 | $3,163,020,035 | $7,830,700,107 | 31.2% |
| 1994 | $4,432,257,174 | $8,416,276,600 | 40.1% |
| 1995 | $5,289,174,943 | $9,001,043,827 | 19.3% |
| 1996 | $6,123,556,717 | $9,580,955,459 | 15.8% |
| 1997 | $4,722,288,496 | $10,122,431,106 | -22.9% |
| 1998 | $6,459,461,639 | $10,716,234,491 | 36.8% |
| 1999 | $8,486,832,801 | $11,889,140,285 | 31.4% |
| 2000 | $8,905,066,164 | $13,523,413,252 | 4.93% |
| 2001 | $6,477,790,688 | $15,057,508,855 | -27.3% |
| 2002 | $6,777,632,512 | $16,868,251,605 | 4.63% |
| 2003 | $10,467,109,978 | $19,203,491,833 | 54.4% |
| 2004 | $10,567,354,056 | $21,808,380,519 | 0.96% |
| 2005 | $11,986,972,419 | $24,767,548,772 | 13.4% |
| 2006 | $14,502,553,710 | $28,006,178,558 | 21% |
| 2007 | $20,182,477,481 | $31,364,521,323 | 39.2% |
| 2008 | $31,862,554,102 | $34,581,048,770 | 57.9% |
| 2009 | $36,906,181,381 | $38,229,352,561 | 15.8% |
| 2010 | $49,540,813,342 | $41,912,536,386 | 34.2% |
| 2011 | $59,977,326,086 | $44,256,068,473 | 21.1% |
| 2012 | $59,937,796,648 | $47,501,220,127 | -0.07% |
| 2013 | $60,269,732,855 | $51,503,673,421 | 0.55% |
| 2014 | $65,531,374,200 | $55,711,475,876 | 8.73% |
| 2015 | $59,607,290,408 | $59,607,290,408 | -9.04% |
| 2016 | $63,298,361,996 | $63,101,751,663 | 6.19% |
| 2017 | $66,053,040,483 | $66,973,743,449 | 4.35% |
| 2018 | $67,860,515,990 | $71,172,235,146 | 2.74% |
| 2019 | $75,065,106,228 | $75,854,734,834 | 10.6% |
| 2020 | $79,006,113,643 | $68,991,135,074 | 5.25% |
| 2021 | $66,345,291,160 | $60,700,903,303 | -16% |
| 2022 | $62,253,049,892 | $63,151,698,289 | -6.17% |
| 2023 | $66,757,619,000 | $63,756,973,610 | 7.24% |
| 2024 | $74,079,772,652 | $63,137,226,235 | 11% |
Economic Statistics of Myanmar
Myanmar
|
Rank | |
|---|---|---|
| Gross domestic product |
$74.1B
2024 |
85/197 |
| GDP growth |
11%
2023-2024 |
29/196 |
| GDP per capita |
$1,359
2024 |
165/197 |
| GDP per capita, PPP |
$5,997
2024 |
153/197 |
| Government debt |
$45.4B
2024 |
78/185 |
| Debt-to-GDP ratio |
62.6%
2025 |
73/185 |
| Government debt per person |
$833
2024 |
146/185 |
| Average annual personal income after taxes |
$1,798
2025 |
173/197 |
| Income share by richest 10% |
25.5%
2017 |
110/169 |
| Income share by poorest 10% |
3.8%
2017 |
18/169 |
| Government expenditure, % of GDP |
21.9%
2025 |
145/195 |
| Consumer prices inflation |
8.83%
2018-2019 |
35/195 |
| Unemployment rate |
1.48%
2020 |
182/196 |
| Population |
55119090
|
27/197 |
Myanmar's GDP per capita
Myanmar has a GDP per capita of $1,359, ranking 165/197, a GDP per capita based on purchasing power parity (PPP) of $5,997, ranking 153/197, and a median annual after tax income of $1,798, ranking 173/197.
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 1960 | $25.1 | - |
| 1961 | $27.3 | - |
| 1962 | $27.9 | - |
| 1963 | $25.8 | - |
| 1964 | $17.3 | - |
| 1965 | $15.1 | - |
| 1966 | $11.8 | - |
| 1967 | $16.5 | - |
| 1968 | $21.5 | - |
| 1969 | $21.5 | - |
| 1970 | $20.7 | - |
| 1971 | $21.1 | - |
| 1972 | $23.3 | - |
| 1973 | $24.8 | - |
| 1974 | $41.4 | - |
| 1975 | $35.2 | - |
| 1976 | $39.2 | - |
| 1977 | $27.9 | - |
| 1978 | $29.3 | - |
| 1979 | $29.2 | - |
| 1980 | $31.2 | - |
| 1981 | $32.8 | - |
| 1982 | $43 | - |
| 1983 | $39.3 | - |
| 1984 | $36.3 | - |
| 1985 | $40.4 | - |
| 1986 | $42.4 | - |
| 1987 | $41.1 | - |
| 1988 | $39.9 | - |
| 1989 | $51.3 | - |
| 1990 | $53.1 | $441 |
| 1991 | $51.2 | $447 |
| 1992 | $58.9 | $494 |
| 1993 | $76.2 | $529 |
| 1994 | $105.4 | $573 |
| 1995 | $124.1 | $618 |
| 1996 | $141.9 | $661 |
| 1997 | $108 | $702 |
| 1998 | $146 | $742 |
| 1999 | $189.5 | $825 |
| 2000 | $196.6 | $949 |
| 2001 | $141.5 | $1,069 |
| 2002 | $146.6 | $1,204 |
| 2003 | $224.3 | $1,385 |
| 2004 | $224.5 | $1,601 |
| 2005 | $252.7 | $1,860 |
| 2006 | $303 | $2,153 |
| 2007 | $419 | $2,459 |
| 2008 | $658 | $2,748 |
| 2009 | $758 | $3,040 |
| 2010 | $1,011 | $3,348 |
| 2011 | $1,214 | $3,579 |
| 2012 | $1,203 | $3,845 |
| 2013 | $1,199 | $4,144 |
| 2014 | $1,293 | $4,376 |
| 2015 | $1,167 | $4,459 |
| 2016 | $1,229 | $4,460 |
| 2017 | $1,273 | $4,706 |
| 2018 | $1,298 | $5,581 |
| 2019 | $1,426 | $6,101 |
| 2020 | $1,490 | $5,741 |
| 2021 | $1,243 | $5,178 |
| 2022 | $1,158 | $5,732 |
| 2023 | $1,233 | $5,953 |
| 2024 | $1,359 | $5,997 |
Myanmar's government spending, deficit, and chart
This chart shows Myanmar's government spending, budget balance, and debt over time, each expressed as a share of GDP.
Over the past 28 years, Myanmar recorded a fiscal deficit in 28 years — average annual deficit equal to -4.02% of GDP. In 2024, government spending reached $15.2B (21.9% of GDP), with a deficit of -5.71%.
The national debt reached $45.4B, ranking 78th out of 185 countries by total size, with a debt-to-GDP ratio of 62.6%, ranking 73rd.
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 1998 | 25.2% | 225.7% | -4.89% |
| 1999 | 22.8% | 163.1% | -4.46% |
| 2000 | 21.4% | 178% | -6.03% |
| 2001 | 19.1% | 283.5% | -6.34% |
| 2002 | 15.3% | 206.3% | -4.01% |
| 2003 | 14.3% | 158% | -4.24% |
| 2004 | 14.6% | 137% | -4.62% |
| 2005 | 14.6% | 128.7% | -3.49% |
| 2006 | 15.6% | 111.5% | -3.42% |
| 2007 | 15.7% | 83.7% | -3.52% |
| 2008 | 14.4% | 64.7% | -2.73% |
| 2009 | 14.4% | 61% | -3.55% |
| 2010 | 15.8% | 58.8% | -5.4% |
| 2011 | 15.6% | 54% | -4.82% |
| 2012 | 20% | 51.9% | -2.7% |
| 2013 | 23.9% | 48.5% | -1.53% |
| 2014 | 24.7% | 37.3% | -1.06% |
| 2015 | 23.7% | 38.4% | -4.33% |
| 2016 | 21.3% | 35.7% | -2.53% |
| 2017 | 19.7% | 41.9% | -3.42% |
| 2018 | 18.7% | 38.7% | -2.77% |
| 2019 | 20.5% | 38.3% | -4.7% |
| 2020 | 21.2% | 48.7% | -6.56% |
| 2021 | 20.6% | 59.2% | -2.53% |
| 2022 | 21.2% | 55.6% | -2.78% |
| 2023 | 21.2% | 57.9% | -5.22% |
| 2024 | 20.5% | 61.3% | -5.32% |
| 2025 | 21.9% | 62.6% | -5.71% |
Inflation rate by year
Over the past 20 years, Myanmar has had an average annual inflation rate of 13.7%. In 2019, inflation was 8.83%. The bar chart below shows consumer price inflation by year.
| Year | Inflation |
|---|---|
| 1960 | 7.39% |
| 1961 | -0.15% |
| 1962 | -1.61% |
| 1963 | -2.68% |
| 1964 | -0.46% |
| 1965 | 17.7% |
| 1966 | 25.5% |
| 1967 | 0.83% |
| 1968 | 2.38% |
| 1969 | -4.34% |
| 1970 | -4.01% |
| 1971 | 2.09% |
| 1972 | 7.64% |
| 1973 | 25.2% |
| 1974 | 25.2% |
| 1975 | 31.7% |
| 1976 | 22.4% |
| 1977 | -1.16% |
| 1978 | -6.04% |
| 1979 | 5.67% |
| 1980 | 0.61% |
| 1981 | 0.32% |
| 1982 | 5.3% |
| 1983 | 5.65% |
| 1984 | 4.85% |
| 1985 | 6.81% |
| 1986 | 9.33% |
| 1987 | 24.8% |
| 1988 | 16% |
| 1989 | 27.2% |
| 1990 | 17.6% |
| 1991 | 32.3% |
| 1992 | 21.9% |
| 1993 | 31.8% |
| 1994 | 24.1% |
| 1995 | 25.2% |
| 1996 | 16.3% |
| 1997 | 29.7% |
| 1998 | 51.5% |
| 1999 | 18.4% |
| 2000 | -0.11% |
| 2001 | 21.1% |
| 2002 | 57.1% |
| 2003 | 36.6% |
| 2004 | 4.53% |
| 2005 | 9.37% |
| 2006 | 20% |
| 2007 | 35% |
| 2008 | 26.8% |
| 2009 | 1.47% |
| 2010 | 7.72% |
| 2011 | 5.02% |
| 2012 | 1.47% |
| 2013 | 5.64% |
| 2014 | 4.95% |
| 2015 | 9.45% |
| 2016 | 6.93% |
| 2017 | 4.57% |
| 2018 | 6.87% |
| 2019 | 8.83% |
Balance of trade
|
Myanmar
|
Rank | |
|---|---|---|
Current account balance
|
$67.7M
2019 |
70/189 |
| Current account balance, % of GDP |
+0.09%
2019 |
73/189 |
| Goods imports |
$13.7B
2019 |
99/188 |
| Goods exports |
$10.8B
2019 |
96/188 |
| Service imports |
$3.66B
2019 |
99/188 |
| Service exports |
$6.68B
2019 |
82/188 |
| Exports of goods and services, % of GDP |
24.3%
2025 |
131/193 |
Myanmar's top 10 trading partners
Myanmar's biggest trading partner accounting for 28.1%% of all exports and imports is China, with a trade balance between the two of -$718M — Myanmar exports $3.46B worth of goods and services to China and imports $4.17B.
Below is the list of the top 10 trade partners of Myanmar.
| Rank | Country | Trade value | Share of total trade | Export to | Import from | Top export to | Top import from |
|---|---|---|---|---|---|---|---|
| 1 |
China
|
$7.63B | 28.1% | $3.46B | $4.17B | Raw materials & minerals | Textiles & consumer goods |
| 2 |
Thailand
|
$4.07B | 15% | $2.9B | $1.16B | Raw materials & minerals | Raw materials & minerals |
| 3 |
Singapore
|
$3.23B | 11.9% | $127M | $3.11B | Raw agricultural goods | Raw materials & minerals |
| 4 |
India
|
$1.64B | 6.01% | $1.28B | $359M | Raw agricultural goods | Chemicals & pharma |
| 5 |
Malaysia
|
$1.5B | 5.51% | $238M | $1.26B | Raw materials & minerals | Raw materials & minerals |
| 6 |
Japan
|
$1.21B | 4.46% | $1.07B | $138M | Textiles & consumer goods | Machinery & equipment |
| 7 |
Indonesia
|
$1.19B | 4.38% | $514M | $678M | Raw agricultural goods | Processed food, beverages & tobacco |
| 8 |
Germany
|
$707M | 2.6% | $632M | $74.7M | Textiles & consumer goods | Chemicals & pharma |
| 9 |
South Korea
|
$609M | 2.24% | $449M | $160M | Textiles & consumer goods | Machinery & equipment |
| 10 |
United States
|
$586M | 2.15% | $473M | $113M | Textiles & consumer goods | Processed food, beverages & tobacco |
Myanmar's top 10 exports
|
Myanmar
|
Rank | |
|---|---|---|
| Textiles & consumer goods | $4.64B | 42/193 |
| Raw agricultural goods | $4.63B | 30/193 |
| Raw materials & minerals | $3.72B | 84/193 |
| Transport & tourism services | $3.24B | 88/188 |
| Manufacturing & construction services | $1.62B | 35/164 |
| Business & finance services | $1.35B | 72/188 |
| Animal & marine products | $664M | 66/192 |
| Machinery & equipment | $526M | 92/193 |
| Metals | $363M | 96/192 |
| Processed food, beverages & tobacco | $208M | 118/192 |
Myanmar's top 10 imports
|
Myanmar
|
Rank | |
|---|---|---|
| Raw materials & minerals | $5.23B | 72/193 |
| Textiles & consumer goods | $2.22B | 73/193 |
| Transport & tourism services | $1.71B | 109/188 |
| Machinery & equipment | $1.51B | 132/193 |
| Business & finance services | $1.16B | 82/188 |
| Chemicals & pharma | $1.1B | 107/193 |
| Processed food, beverages & tobacco | $975M | 101/193 |
| Metals | $769M | 104/193 |
| IT & IP services | $270M | 86/182 |
| Wood & paper products | $225M | 113/193 |
Economic freedom indices
|
Myanmar
|
Rank | |
|---|---|---|
| Economic freedom | 43.7 | 182/197 |
| Property rights | 17.3 | 169/182 |
| Government integrity | 18.7 | 169/182 |
| Judicial effectiveness | 4.2 | 169/182 |
| Tax burden | 88.6 | 43/181 |
| Government spending | 84 | 48/180 |
| Fiscal health | 39.9 | 138/181 |
| Business freedom | 39.9 | 152/182 |
| Labor freedom | 53.2 | 129/182 |
| Monetary freedom | 59.7 | 156/180 |
| Trade freedom | 68.6 | 108/181 |
| Investment freedom | 30 | 154/181 |
| Financial freedom | 20 | 168/181 |
Myanmar's economic freedom by year
Myanmar is ranked 168/180 for economic freedom with a score of 43.7, compared to 156/163 and a score of 40.5 in 2005.
| Year | Index | ||||
|---|---|---|---|---|---|
| Economic freedom | Judicial effectiveness | Tax burden | Government spending | Fiscal health | |
| 1996 | 45.1 | - | 81.8 | 81.3 | - |
| 1997 | 45.4 | - | 81.8 | 85.2 | - |
| 1998 | 45.7 | - | 81.9 | 84.3 | - |
| 1999 | 46.4 | - | 81.9 | 95 | - |
| 2000 | 47.9 | - | 81.8 | 97 | - |
| 2001 | 46.1 | - | 74.9 | 95.7 | - |
| 2002 | 45.5 | - | 74.9 | 95.7 | - |
| 2003 | 44.9 | - | 81.9 | 98.7 | - |
| 2004 | 43.6 | - | 81.9 | 98.7 | - |
| 2005 | 40.5 | - | 82 | 97.8 | - |
| 2006 | 40 | - | 81.9 | 97.3 | - |
| 2007 | 41 | - | 81.9 | 98 | - |
| 2008 | 39.5 | - | 81.7 | 97 | - |
| 2009 | 37.7 | - | 81.8 | 98.5 | - |
| 2010 | 36.7 | - | 81.9 | 98.4 | - |
| 2011 | 37.8 | - | 81.9 | 98.1 | - |
| 2012 | 38.7 | - | 82 | 96 | - |
| 2013 | 39.2 | - | 81.9 | 96.8 | - |
| 2014 | 46.5 | - | 86.9 | 89.2 | - |
| 2015 | 46.9 | - | 86.9 | 77.9 | - |
| 2016 | 48.7 | - | 86.6 | 75.3 | - |
| 2017 | 52.5 | 12.9 | 86.2 | 81.5 | 89.9 |
| 2018 | 53.9 | 17.6 | 86.3 | 84.7 | 89.2 |
| 2019 | 53.6 | 18.1 | 86.6 | 85.4 | 78.3 |
| 2020 | 54 | 14.3 | 86.6 | 87.5 | 84.6 |
| 2021 | 55.2 | 19.7 | 87.2 | 87.1 | 81.9 |
| 2022 | 49.6 | 16.7 | 87.2 | 86.8 | 67.2 |
| 2023 | 46.5 | 29.3 | 88.5 | 86.4 | 38.8 |
| 2024 | 42.2 | 6.5 | 88.5 | 86.3 | 12.8 |
| 2025 | 43.7 | 4.2 | 88.6 | 84 | 39.9 |
More economic indicators
|
Myanmar
|
Rank | |
|---|---|---|
| Services, % of GDP |
41.4%
2024 |
175/191 |
| Industry, % of GDP |
37.8%
2024 |
24/194 |
| Agriculture, forestry, and fishing, % of GDP |
20.8%
2024 |
32/193 |
|
GNI, Atlas method
|
$66.3B
2024 |
86/194 |
| GNI per capita, PPP |
$5,920
2024 |
150/191 |
| Total reserves including gold |
$9.34B
2023 |
81/177 |
|
Net foreign direct investment
|
-$1.74B
2019 |
135/188 |
|
Net inflows of foreign direct investment
|
$1.1B
2024 |
92/193 |
|
Net outflows of foreign direct investment
|
$0
1989 |
157/187 |
|
Servicing debt to the IMF, % of GNI
|
1.39%
2023 |
103/119 |
| Poverty at national poverty lines |
24.8%
2017 |
77/176 |
Compare countries by 7 more topics
GDP per capita map
GDP per capita
Relevant pages:
Myanmar topic pages:
Economy comparisons
The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.
Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.
A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).
Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.
Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.
Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.