Myanmar External Debt: % of GDP

2018 - 2023 | Yearly | % | CEIC Data

Key information about Myanmar External Debt: % of GDP

  • Myanmar External Debt accounted for 18.9 % of the country's Nominal GDP in 2023, compared with the ratio of 19.9 % in the previous year.
  • Myanmar External Debt: % of Nominal GDP data is updated yearly, available from Dec 2018 to Dec 2023.
  • The data reached an all-time high of 20.1 % in Dec 2021 and a record low of 15.5 % in Dec 2019.

CEIC calculates annual External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. The World Bank provides External Debt in USD. The Central Bank of Myanmar provides Nominal GDP in local currency. The Central Bank of Myanmar average market exchange rate is used for currency conversions.


Related information about Myanmar External Debt: % of GDP

  • In the latest reports of Myanmar, Current Account recorded a surplus of 1.0 USD bn in Mar 2025.
  • Foreign Direct Investment (FDI) increased by 301.2 USD mn in Mar 2025.
  • The country's External Debt reached 12,162.1 in Dec 2023.

View Myanmar's External Debt: % of GDP from 2018 to 2023 in the chart:

Myanmar External Debt: % of GDP

What was Myanmar's External Debt: % of GDP in 2023?

Myanmar External Debt accounted for 18.9 % of the country's Nominal GDP in 2023, compared with the ratio of 19.9 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
18.9 2023 19.9 2022 15.5 2019 20.1 2021 % yearly 2018 - 2023

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 40.5 2024 yearly 1991 - 2024
Algeria (%) 1.1 2024 yearly 1970 - 2024
Argentina (%) 43.5 2024 yearly 1994 - 2024
Armenia (%) 62.9 2024 yearly 2000 - 2024
Australia (%) 112.8 2024 yearly 1988 - 2024
Austria (%) 154.5 2024 yearly 1997 - 2024
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 46.0 Jun 2025 quarterly Dec 2000 - Jun 2025
Belgium (%) 242.6 2024 yearly 2007 - 2024
Bolivia (%) 33.0 2024 yearly 2006 - 2024
Bosnia and Herzegovina (%) 17.0 2024 yearly 1999 - 2024
Botswana (%) 7.8 2025 yearly 1995 - 2025
Brazil (%) 27.6 2024 yearly 1992 - 2024
Bulgaria (%) 47.6 2024 yearly 1999 - 2024
Cambodia (%) 45.4 2024 yearly 2010 - 2024
Canada (%) 146.4 2024 yearly 1990 - 2024
Chile (%) 74.2 2024 yearly 1971 - 2024
China (%) 12.9 2024 yearly 1985 - 2024
Colombia (%) 51.3 2024 yearly 1970 - 2024
Croatia (%) 74.3 2022 yearly 1998 - 2022
Cyprus (%) 674.2 2024 yearly 2004 - 2024
Czech Republic (%) 65.4 2024 yearly 1995 - 2024
Denmark (%) 142.2 2024 yearly 2005 - 2024
Ecuador (%) 47.8 2024 yearly 1970 - 2024
Egypt (%) 44.2 Jun 2025 quarterly Jun 1999 - Jun 2025
Estonia (%) 97.8 2024 yearly 1996 - 2024
European Union (%) 109.7 2024 yearly 2008 - 2024
Finland (%) 203.5 2024 yearly 1991 - 2024
France (%) 250.2 2024 yearly 2004 - 2024
Georgia (%) 73.6 2024 yearly 1999 - 2024
Germany (%) 147.6 2024 yearly 1999 - 2024
Ghana (%) 34.4 2024 yearly 1999 - 2024
Greece (%) 243.2 2024 yearly 2003 - 2024
Hong Kong SAR, China (%) 467.1 2024 yearly 2001 - 2024
Hungary (%) 142.9 2024 yearly 2006 - 2024
Iceland (%) 71.9 2024 yearly 1989 - 2024
India (%) 19.1 2025 yearly 1970 - 2025
Indonesia (%) 30.4 2024 yearly 2003 - 2024
Iran (%) 0.8 2025 yearly 1994 - 2025
Ireland (%) 544.0 2024 yearly 2002 - 2024
Israel (%) 27.2 2024 yearly 1998 - 2024
Italy (%) 120.8 2024 yearly 2002 - 2024
Ivory Coast (%) 34.4 2022 yearly 1994 - 2022
Japan (%) 112.7 2024 yearly 2003 - 2024
Jordan (%) 80.3 2024 yearly 1970 - 2024
Kazakhstan (%) 59.2 Jun 2025 quarterly Mar 2002 - Jun 2025
Kenya (%) 31.2 2024 yearly 2006 - 2024
South Korea (%) 35.9 2024 yearly 1994 - 2024
Kosovo (%) 40.7 2024 yearly 2007 - 2024
Kuwait (%) 41.5 2024 yearly 2014 - 2024
Kyrgyzstan (%) 70.8 2024 yearly 2003 - 2024
Laos (%) 68.7 2024 yearly 1996 - 2024
Latvia (%) 104.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Lebanon (%) 17.4 2023 yearly 2007 - 2023
Lithuania (%) 77.4 2024 yearly 1996 - 2024
Luxembourg (%) 4,148.6 2024 yearly 2002 - 2024
North Macedonia (%) 79.2 2024 yearly 2004 - 2024
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 69.9 2024 yearly 2009 - 2024
Malta (%) 836.7 2024 yearly 2004 - 2024
Mauritius (%) 1,221.8 2024 yearly 2009 - 2024
Mexico (%) 32.2 2024 yearly 2002 - 2024
Moldova (%) 56.7 2024 yearly 2000 - 2024
Mongolia (%) 157.9 2024 yearly 1992 - 2024
Montenegro (%) 112.7 2023 yearly 2006 - 2023
Morocco (%) 50.8 2022 yearly 1970 - 2022
Mozambique (%) 49.2 2023 yearly 1985 - 2023
Myanmar (%) 18.9 2023 yearly 2018 - 2023
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 349.4 2024 yearly 2003 - 2024
New Zealand (%) 94.7 2024 yearly 1993 - 2024
Nigeria (%) 18.6 2024 yearly 1985 - 2024
Norway (%) 155.3 2024 yearly 2003 - 2024
Pakistan (%) 33.1 2025 yearly 2000 - 2025
Palestinian Territory (%) 15.3 2024 yearly 2012 - 2024
Panama (%) 169.8 2021 yearly 2014 - 2021
Paraguay (%) 58.8 2024 yearly 2000 - 2024
Peru (%) 36.7 2024 yearly 1980 - 2024
Philippines (%) 29.8 2024 yearly 1990 - 2024
Poland (%) 51.8 2024 yearly 1995 - 2024
Portugal (%) 144.8 2024 yearly 1996 - 2024
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 57.5 2024 yearly 1995 - 2024
Russia (%) 13.3 2024 yearly 1993 - 2024
Serbia (%) 60.5 2024 yearly 2000 - 2024
Singapore (%) 407.1 2024 yearly 2003 - 2024
Slovakia (%) 100.9 2024 yearly 1995 - 2024
Slovenia (%) 87.9 2024 yearly 1995 - 2024
South Africa (%) 42.0 2024 yearly 1985 - 2024
Spain (%) 162.5 2024 yearly 1995 - 2024
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 168.1 2024 yearly 1997 - 2024
Switzerland (%) 233.9 2024 yearly 1999 - 2024
Taiwan (%) 27.4 2024 yearly 1999 - 2024
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 35.5 Jun 2025 quarterly Mar 2005 - Jun 2025
Tunisia (%) 83.8 2024 yearly 2002 - 2024
Turkey (%) 38.2 2024 yearly 1989 - 2024

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Myanmar Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.6 2021 yearly 1986 - 2021
Consolidated Fiscal Balance (USD mn) -5,489.382 2021 yearly 1980 - 2021
Tax Revenue (USD mn) 365.783 Jul 2022 monthly Apr 2012 - Jul 2022
Tax Revenue: % of GDP (%) 4.4 2021 yearly 2005 - 2021
Forecast: Government Expenditure (MMK bn) 62,363.396 2031 yearly 1999 - 2031
Forecast: Government Net Debt (MMK bn) 178,642.929 2031 yearly 1999 - 2031
Forecast: Government Revenue (MMK bn) 49,020.311 2031 yearly 1999 - 2031
Budget: Government Deficit/Surplus (MMK mn) -4,482,762.733 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: Revenue (MMK mn) 8,936,968.185 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: TR: PPC: Excise duty (MMK mn) 425.550 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: Net Borrowing/ Net Lending (MMK mn) -4,302,365.123 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: Net Capital Expenditure (NEX) (MMK mn) 2,852,328.452 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: Total Revenue (MMK mn) 9,203,472.497 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: Total Expenditure (MMK mn) 13,686,235.230 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: TR: PPC: Specific Goods Tax (MMK mn) 407,167.571 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: Expense (EX) (MMK mn) 10,387,004.856 Mar 2024 quarterly Dec 2018 - Mar 2024
Budget: TR: Tax on Income and Profit (MMK mn) 1,079,785.434 Mar 2024 quarterly Dec 2018 - Mar 2024
State Budget: Expenditure (MMK mn) 25,692,973.000 2021 yearly 2019 - 2021
State Budget: Surplus of Deficit (MMK mn) -8,181,794.910 2021 yearly 2019 - 2021
State Budget: Revenue (MMK mn) 17,511,178.090 2021 yearly 2019 - 2021
State Govt Revenue: Tax: Income (MMK mn) 332,258.000 Jul 2022 monthly Jan 2005 - Jul 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 8.636 2030 yearly 1999 - 2030
Trade Balance (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Total Exports (USD mn) 1,497.8 Jul 2022 monthly Jul 2010 - Jul 2022
Total Exports Growth (%) 42.9 Jul 2022 monthly Jul 2011 - Jul 2022
Aluminum: Exports (USD th) 31,458.251 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 510.411 2024 yearly 1996 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 7.679 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,313.9 Jul 2022 monthly Jul 2010 - Jul 2022
Total Imports Growth (%) 38.4 Jul 2022 monthly Jul 2011 - Jul 2022
Imports: Medicament (USD th) 290,655.132 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 57,031.324 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 68.860 Jul 2022 monthly Aug 2010 - Jul 2022
Total Imports from USA (USD mn) 7.630 Jul 2022 monthly Jul 2010 - Jul 2022
Total Exports to China (USD mn) 267.080 Jul 2022 monthly Jul 2010 - Jul 2022
Total Imports from China (USD mn) 363.850 Jul 2022 monthly Jul 2010 - Jul 2022
Re Exports (USD mn) 790.600 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Plastic (USD mn) 53.200 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Teak Log (USD mn) 0.400 Mar 2015 monthly Jan 2011 - Mar 2015
Exports: Matpe (USD mn) 26.100 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Fish & Fish Products (USD mn) 40.500 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Gas (USD mn) 356.100 Jul 2022 monthly Aug 2010 - Jul 2022
Imports: Machinery Non-Electric & Transport Equipment (USD mn) 68.900 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Sesamum Seeds (USD mn) 12.900 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Edible Vegetable Oil & Other Hydrogenated Oils (USD mn) 70.600 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Fabric of Artificial & Synthetics Fabric (USD mn) 100.700 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Refined Mineral Oil (USD mn) 434.400 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Thailand (USD mn) 165.050 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: India (USD mn) 42.000 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: China (USD mn) 363.850 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: China (USD mn) 267.080 Jul 2022 monthly Jul 2010 - Jul 2022
Export Value Index: 2020-21=100 (2020-2021=100) 117.900 2023 yearly 2023 - 2023
Term of Trade Index: 2020-21=100 (2020-2021=100) 92.600 2023 yearly 2023 - 2023
Import Value Index: 2020-21=100 (2020-2021=100) 127.300 2023 yearly 2023 - 2023
Export Volume Index (2015=100) 80.286 2021 yearly 1981 - 2021
Import Volume Index (2015=100) 65.280 2021 yearly 1981 - 2021
Export Value Index (2015=100) 132.515 2021 yearly 1980 - 2021
Import Value Index (2015=100) 84.821 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 1,044.4 Mar 2025 quarterly Mar 1976 - Mar 2025
Foreign Direct Investment (USD mn) 301.2 Mar 2025 quarterly Mar 1976 - Mar 2025
Foreign Direct Investment: % of GDP (%) 4.6 Sep 2024 quarterly Dec 2017 - Sep 2024
External Debt (USD mn) 12,162.1 2023 yearly 1970 - 2023
External Debt: % of GDP (%) 18.9 2023 yearly 2018 - 2023
External Debt: Short Term (USD mn) 44.5 2023 yearly 1973 - 2023
External Debt: Short Term: % of GDP (%) 0.1 2023 yearly 2018 - 2023
Forecast: Current Account Balance (USD bn) -4.099 2030 yearly 1998 - 2030
Net International Investment Position (USD mn) -35,240.992 Sep 2020 quarterly Mar 1999 - Sep 2020
BoP: CA: Exports (f.o.b) (USD mn) 2,722.800 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Services: Receipts (USD mn) 537.000 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Imports (f.o.b) (USD mn) 2,524.100 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Secondary Income: Payments (USD mn) 86.500 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Primary Income: Payments (USD mn) 777.900 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Services: Net (USD mn) 171.400 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Secondary Income: Net (USD mn) 369.000 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Primary Income: Receipts (USD mn) 334.700 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Net Errors and Omissions (USD mn) -605.100 Mar 2024 quarterly Mar 2014 - Mar 2024
Balance of Payment(BoP): Current Account (CA) (USD mn) 295.800 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Secondary Income: Receipts (USD mn) 455.400 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Capital Account: Net (USD mn) 0.000 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Financial Account: Assets (USD mn) -152.800 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Capital Account: Payments (USD mn) 0.000 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Financial Account: Liabilities (USD mn) 345.400 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Services: Payments (USD mn) 365.600 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Financial Account (USD mn) -498.200 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: CA: Primary Income: Net (USD mn) -443.200 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Financial Account: Liabilities: Direct Investments (USD mn) 347.500 Mar 2024 quarterly Mar 2014 - Mar 2024
BoP: Capital Account: Receipts (USD mn) 0.000 Mar 2024 quarterly Mar 2014 - Mar 2024
FDI: PE: Value: Oil & Gas (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
FDI: PE: Value: Power (USD mn) 702.400 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Mining (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
FDI: PE: Value: Japan (USD mn) 3.100 May 2022 monthly Feb 2004 - May 2022
FDI: PE: Value: Manufacturing (USD mn) 89.520 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Hong Kong (USD mn) 58.630 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Singapore (USD mn) 1,086.470 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value (USD mn) 1,198.530 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: South Korea (USD mn) 2.800 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: China (USD mn) 44.590 Jul 2022 monthly Feb 2004 - Jul 2022
Monetary Last Frequency Range
Money Supply M1 (USD mn) 28,751.120 Mar 2025 monthly Apr 2012 - Mar 2025
Money Supply M2 (USD mn) 56,858.041 Jan 2021 monthly Apr 2012 - Jan 2021
M2 Growth (%) 20.0 Mar 2025 quarterly Dec 2002 - Mar 2025
Reserve Requirement Ratio (%) 3.8 Nov 2025 monthly May 2011 - Nov 2025
Foreign Exchange Reserves (USD mn) 8,473.8 Mar 2024 quarterly Dec 1950 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 5.2 Jun 2022 quarterly Sep 2010 - Jun 2022
Gold Reserves (USD mn) 521.110 Mar 2024 monthly Dec 1950 - Mar 2024
Total Deposits (USD mn) 73,152.773 2024 yearly 1960 - 2024
Domestic Credit (USD mn) 45,836.4 Jan 2021 monthly Apr 2012 - Jan 2021
Domestic Credit Growth (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Private Debt: % of Nominal GDP (%) 28.98 2020 yearly 1960 - 2020
Reserve Requirement Rate: MMK (%) 3.750 Feb 2025 monthly May 2011 - Feb 2025
Money Stock: YoY Growth: Total Deposits (MMK mn) 16.080 Mar 2024 quarterly Jun 2013 - Mar 2024
Money Stock: M2 (MMK mn) 101,186,159.610 Mar 2024 quarterly Jun 2013 - Mar 2024
Money Stock: M0 (MMK mn) 49,374,304.930 Mar 2024 quarterly Jun 2013 - Mar 2024
Money Stock: YoY Growth: M2 (MMK mn) 15.950 Mar 2024 quarterly Jun 2013 - Mar 2024
Money Stock: Total Deposits (MMK mn) 63,052,151.350 Mar 2024 quarterly Jun 2013 - Mar 2024
Money Stock: M1 (MMK mn) 48,814,456.350 Mar 2024 quarterly Jun 2013 - Mar 2024

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