Myanmar Real GDP Growth

2011 - 2021 | Yearly | % | CEIC Data

Key information about Myanmar Real GDP Growth

  • The Gross Domestic Product (GDP) in Myanmar contracted 5.9 % YoY in Dec 2021, following a growth of 3.2 % in the previous year.
  • Real GDP Growth YoY data in Myanmar is updated yearly, available from Dec 2011 to Dec 2021, with an average rate of 6.4 %.
  • The data reached an all-time high of 8.4 % in Dec 2013 and a record low of -5.9 % in Dec 2021.
CEIC calculates Real GDP Growth from annual Real GDP. CEIC shifts year-end for annual Real GDP. Central Statistical Organization provides Real GDP in local currency, at 2015-2016 prices in annual frequency, ending in September of each year. Real GDP Growth prior to 2017 is calculated from Real GDP in annual frequency, ending in March of each year.
  • Its GDP deflator (implicit price deflator) increased 1.9 % in Dec 2021.
  • GDP Per Capita in Myanmar reached 1,269.8 USD in Dec 2019.
  • Its Gross Savings Rate was measured at 28.7 % in Mar 2018.
  • For Nominal GDP contributions, Investment accounted for 34.1 % in Mar 2018.
  • View Myanmar's Real GDP Growth from 2011 to 2021 in the chart:

    Myanmar Real GDP Growth

    What was Myanmar's Real GDP Growth in 2021?

    The Gross Domestic Product (GDP) in Myanmar contracted 5.9 % YoY in Dec 2021, following a growth of 3.2 % in the previous year. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    -5.9 2021 3.2 2020 -5.9 2021 8.4 2013 % yearly 2011 - 2021

    Real GDP Growth by Country Comparison

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    country/region Last Frequency Range
    Albania (%) 6.0 Mar 2022 quarterly Mar 2010 - Mar 2022
    Algeria (%) 3.1 Dec 2021 quarterly Mar 2012 - Dec 2021
    Argentina (%) 6.1 Mar 2022 quarterly Mar 2005 - Mar 2022
    Armenia (%) 8.6 Mar 2022 quarterly Mar 2001 - Mar 2022
    Australia (%) 3.3 Mar 2022 quarterly Sep 1960 - Mar 2022
    Austria (%) 8.7 Mar 2022 quarterly Mar 1989 - Mar 2022
    Azerbaijan (%) 6.8 Mar 2022 quarterly Mar 2001 - Mar 2022
    Bahrain (%) 5.5 Mar 2022 quarterly Mar 2009 - Mar 2022
    Bangladesh (%) 7.2 2022 yearly 2007 - 2022
    Belarus (%) 1.1 Dec 2021 quarterly Mar 2006 - Dec 2021
    Belgium (%) 4.9 Mar 2022 quarterly Mar 1996 - Mar 2022
    Bolivia (%) 0.2 Dec 2021 quarterly Mar 1991 - Dec 2021
    Bosnia and Herzegovina (%) 5.5 Mar 2022 quarterly Mar 2009 - Mar 2022
    Botswana (%) 7.0 Mar 2022 quarterly Mar 1995 - Mar 2022
    Brazil (%) 1.5 Mar 2022 quarterly Mar 1997 - Mar 2022
    Brunei (%) -1.4 Dec 2021 quarterly Mar 2005 - Dec 2021
    Bulgaria (%) 4.0 Mar 2022 quarterly Mar 1996 - Mar 2022
    Cambodia (%) 3.0 2021 yearly 1994 - 2021
    Canada (%) 2.9 Mar 2022 quarterly Mar 1962 - Mar 2022
    Chile (%) 6.9 Mar 2022 quarterly Mar 1987 - Mar 2022
    China (%) 0.4 Jun 2022 quarterly Mar 1992 - Jun 2022
    Colombia (%) 8.2 Mar 2022 quarterly Mar 2001 - Mar 2022
    Croatia (%) 7.0 Mar 2022 quarterly Mar 1996 - Mar 2022
    Cyprus (%) 5.6 Mar 2022 quarterly Mar 1996 - Mar 2022
    Czech Republic (%) 4.9 Mar 2022 quarterly Mar 1996 - Mar 2022
    Denmark (%) 6.2 Mar 2022 quarterly Mar 1992 - Mar 2022
    Ecuador (%) 4.9 Dec 2021 quarterly Mar 1994 - Dec 2021
    Egypt (%) 5.4 Mar 2022 quarterly Sep 2002 - Mar 2022
    Estonia (%) 4.7 Mar 2022 quarterly Mar 1996 - Mar 2022
    European Union (%) 4.0 Jun 2022 quarterly Mar 1996 - Jun 2022
    Finland (%) 3.8 Mar 2022 quarterly Mar 1976 - Mar 2022
    France (%) 4.2 Jun 2022 quarterly Mar 1950 - Jun 2022
    Georgia (%) 14.9 Mar 2022 quarterly Mar 1998 - Mar 2022
    Germany (%) 1.5 Jun 2022 quarterly Mar 1992 - Jun 2022
    Ghana (%) 0.9 Mar 2022 quarterly Jun 2006 - Mar 2022
    Greece (%) 7.0 Mar 2022 quarterly Mar 1996 - Mar 2022
    Hong Kong SAR, China (%) -4.0 Mar 2022 quarterly Mar 1991 - Mar 2022
    Hungary (%) 8.0 Mar 2022 quarterly Mar 1996 - Mar 2022
    Iceland (%) 7.3 Mar 2022 quarterly Mar 1996 - Mar 2022
    India (%) 4.1 Mar 2022 quarterly Jun 2005 - Mar 2022
    Indonesia (%) 5.4 Jun 2022 quarterly Mar 1994 - Jun 2022
    Iran (%) 7.2 Dec 2021 quarterly Jun 1989 - Dec 2021
    Ireland (%) 10.0 Dec 2021 quarterly Mar 1996 - Dec 2021
    Israel (%) 9.0 Mar 2022 quarterly Mar 1996 - Mar 2022
    Italy (%) 4.5 Jun 2022 quarterly Mar 1982 - Jun 2022
    Ivory Coast (%) 6.5 2021 yearly 1966 - 2021
    Japan (%) 0.7 Mar 2022 quarterly Mar 1956 - Mar 2022
    Jordan (%) 2.5 Mar 2022 quarterly Mar 1993 - Mar 2022
    Kazakhstan (%) 3.3 Mar 2022 quarterly Mar 2006 - Mar 2022
    Kenya (%) 7.2 Mar 2022 quarterly Mar 2010 - Mar 2022
    South Korea (%) 2.9 Jun 2022 quarterly Mar 1961 - Jun 2022
    Kosovo (%) 4.9 Mar 2022 quarterly Mar 2011 - Mar 2022
    Kuwait (%) 4.7 Dec 2020 quarterly Jun 2010 - Dec 2020
    Kyrgyzstan (%) 4.5 Mar 2022 quarterly Mar 2007 - Mar 2022
    Laos (%) 3.5 2021 yearly 2003 - 2021
    Latvia (%) 2.5 Jun 2022 quarterly Mar 1996 - Jun 2022
    Lebanon (%) -25.9 2020 yearly 2005 - 2020
    Lithuania (%) 4.8 Dec 2021 quarterly Jun 1995 - Dec 2021
    Luxembourg (%) 4.0 Mar 2022 quarterly Mar 1996 - Mar 2022
    Macau SAR, China (%) -8.9 Mar 2022 quarterly Mar 2002 - Mar 2022
    North Macedonia (%) 2.4 Mar 2022 quarterly Mar 2001 - Mar 2022
    Malawi (%) 4.0 2018 yearly 2003 - 2018
    Malaysia (%) 5.0 Mar 2022 quarterly Mar 2001 - Mar 2022
    Malta (%) 7.6 Mar 2022 quarterly Mar 2001 - Mar 2022
    Mauritius (%) 6.2 Dec 2021 quarterly Mar 2001 - Dec 2021
    Mexico (%) 1.8 Mar 2022 quarterly Mar 1981 - Mar 2022
    Moldova (%) 1.1 Mar 2022 quarterly Mar 1996 - Mar 2022
    Mongolia (%) -3.8 Mar 2022 quarterly Mar 2011 - Mar 2022
    Montenegro (%) 7.2 Mar 2022 quarterly Mar 2011 - Mar 2022
    Morocco (%) 0.3 Mar 2022 quarterly Mar 2008 - Mar 2022
    Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
    Myanmar (%) -5.9 2021 yearly 2011 - 2021
    Nepal (%) -6.5 Jun 2021 quarterly Dec 2004 - Jun 2021
    Netherlands (%) 6.6 Mar 2022 quarterly Mar 1997 - Mar 2022
    New Zealand (%) 0.4 Mar 2022 quarterly Jun 1983 - Mar 2022
    Nigeria (%) 3.1 Mar 2022 quarterly Mar 2011 - Mar 2022
    Norway (%) 3.7 Mar 2022 quarterly Mar 1979 - Mar 2022
    Oman (%) -3.2 2020 yearly 1999 - 2020
    Pakistan (%) 6.2 2022 yearly 2001 - 2022
    Palestinian Territory (%) -3.1 Mar 2022 quarterly Jun 2011 - Mar 2022
    Panama (%) 13.6 Mar 2022 quarterly Mar 2008 - Mar 2022
    Paraguay (%) -2.0 Mar 2022 quarterly Mar 1995 - Mar 2022
    Peru (%) 3.8 Mar 2022 quarterly Mar 1981 - Mar 2022
    Philippines (%) 8.2 Mar 2022 quarterly Mar 1999 - Mar 2022
    Poland (%) 9.2 Mar 2022 quarterly Mar 1996 - Mar 2022
    Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
    Qatar (%) 2.5 Mar 2022 quarterly Mar 2012 - Mar 2022
    Romania (%) 6.4 Mar 2022 quarterly Mar 1996 - Mar 2022
    Russia (%) 3.3 Mar 2022 quarterly Mar 1996 - Mar 2022
    Saudi Arabia (%) 11.8 Jun 2022 quarterly Mar 2011 - Jun 2022
    Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
    Singapore (%) 4.8 Jun 2022 quarterly Mar 1976 - Jun 2022
    Slovakia (%) 3.0 Mar 2022 quarterly Mar 1994 - Mar 2022
    Slovenia (%) 9.6 Mar 2022 quarterly Mar 1996 - Mar 2022
    South Africa (%) 2.9 Mar 2022 quarterly Mar 1961 - Mar 2022
    Spain (%) 6.3 Jun 2022 quarterly Mar 1996 - Jun 2022
    Sri Lanka (%) -1.6 Mar 2022 quarterly Mar 2011 - Mar 2022
    Sudan (%) -1.6 2020 yearly 1983 - 2020
    Sweden (%) 4.2 Jun 2022 quarterly Mar 1982 - Jun 2022
    Switzerland (%) 4.5 Mar 2022 quarterly Mar 1966 - Mar 2022

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    Myanmar Key Series

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    Includes 194 key indicators for Myanmar, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -3.0 2019 yearly 1986 - 2019
    Consolidated Fiscal Balance (USD mn) -2,088.942 2019 yearly 1980 - 2019
    Tax Revenue (USD mn) 398.880 Mar 2022 monthly Apr 2012 - Mar 2022
    Tax Revenue: % of GDP (%) 4.5 2021 yearly 2005 - 2021
    Forecast: Government Expenditure (MMK bn) 43,093.894 2027 yearly 1998 - 2027
    Forecast: Government Net Debt (MMK bn) 137,163.783 2027 yearly 1998 - 2027
    Forecast: Government Revenue (MMK bn) 33,639.169 2027 yearly 1998 - 2027
    Budget: Expense (EX) (MMK mn) 6,057,502.535 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: Government Deficit/Surplus (MMK mn) -3,006,801.474 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: TR: Tax on Income and Profit (MMK mn) 696,399.952 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: TR: PPC: Specific Goods Tax (MMK mn) 207,289.896 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: Total Expenditure (MMK mn) 9,229,180.189 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: TR: PPC: Excise duty (MMK mn) 575.900 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: Total Revenue (MMK mn) 6,222,378.715 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: Net Borrowing/ Net Lending (MMK mn) -2,930,992.943 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: Revenue (MMK mn) 5,507,556.170 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: Net Capital Expenditure (NEX) (MMK mn) 2,381,046.578 Sep 2021 quarterly Dec 2018 - Sep 2021
    Budget: TR: PPC: Excise duty (MMK mn) 1,289.719 2021 yearly 2018 - 2021
    Budget: Net Borrowing/ Net Lending (MMK mn) -12,221,500.157 2021 yearly 2018 - 2021
    Budget: Revenue (MMK mn) 19,596,451.210 2021 yearly 2018 - 2021
    Budget: Net Capital Expenditure (NEX) (MMK mn) 7,137,553.663 2021 yearly 2018 - 2021
    Budget: Expense (EX) (MMK mn) 24,680,397.704 2021 yearly 2018 - 2021
    Budget: Government Deficit/Surplus (MMK mn) -9,310,017.176 2021 yearly 2018 - 2021
    Budget: TR: Tax on Income and Profit (MMK mn) 1,966,501.113 2021 yearly 2018 - 2021
    Budget: Total Expenditure (MMK mn) 32,993,312.080 2021 yearly 2018 - 2021
    Budget: TR: PPC: Specific Goods Tax (MMK mn) 1,266,688.523 2021 yearly 2018 - 2021
    Budget: Total Revenue (MMK mn) 23,683,294.904 2021 yearly 2018 - 2021
    State Budget: Surplus of Deficit (MMK mn) -3,200,603.400 2019 yearly 2019 - 2019
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 0.879 2027 yearly 1999 - 2027
    Trade Balance (USD mn) 64.9 Mar 2022 monthly Jan 1957 - Mar 2022
    Total Exports (USD mn) 1,630.2 Mar 2022 monthly Jul 2010 - Mar 2022
    Total Exports Growth (%) 23.4 Mar 2022 monthly Jul 2011 - Mar 2022
    Aluminum: Exports (USD th) 46,076.188 2021 yearly 1995 - 2021
    Exports: Medicament (USD th) 105.222 2021 yearly 1996 - 2021
    Exports: Medicinal and Pharmaceutical Product (USD th) 1.920 2021 yearly 1995 - 2021
    Total Imports (USD mn) 1,191.2 Apr 2022 monthly Jul 2010 - Apr 2022
    Total Imports Growth (%) 10.9 Apr 2022 monthly Jul 2011 - Apr 2022
    Imports: Medicament (USD th) 472,601.912 2021 yearly 1995 - 2021
    Imports: Medicinal and Pharmaceutical Product (USD th) 66,425.763 2021 yearly 1995 - 2021
    Total Exports to USA (USD mn) 60.120 Apr 2022 monthly Aug 2010 - Apr 2022
    Total Imports from USA (USD mn) 11.540 Mar 2022 monthly Jul 2010 - Mar 2022
    Total Exports to China (USD mn) 357.750 Apr 2022 monthly Jul 2010 - Apr 2022
    Total Imports from China (USD mn) 478.660 Apr 2022 monthly Jul 2010 - Apr 2022
    Re Exports (USD mn) 558.600 Mar 2022 monthly Jul 2010 - Mar 2022
    Imports: Fabric of Artificial & Synthetics Fabric (USD mn) 129.900 Apr 2022 monthly Jul 2010 - Apr 2022
    Imports: Plastic (USD mn) 61.700 Apr 2022 monthly Jul 2010 - Apr 2022
    Exports: Matpe (USD mn) 62.800 Mar 2022 monthly Jul 2010 - Mar 2022
    Exports: Teak Log (USD mn) 0.400 Mar 2015 monthly Jan 2011 - Mar 2015
    Exports: Fish & Fish Products (USD mn) 33.400 Apr 2022 monthly Jul 2010 - Apr 2022
    Exports: Gas (USD mn) 290.300 Mar 2022 monthly Aug 2010 - Mar 2022
    Exports: Sesamum Seeds (USD mn) 7.500 Apr 2022 monthly Jul 2010 - Apr 2022
    Imports: Refined Mineral Oil (USD mn) 177.600 Apr 2022 monthly Jul 2010 - Apr 2022
    Imports: Edible Vegetable Oil & Other Hydrogenated Oils (USD mn) 69.800 Apr 2022 monthly Jul 2010 - Apr 2022
    Imports: Machinery Non-Electric & Transport Equipment (USD mn) 99.000 Apr 2022 monthly Jul 2010 - Apr 2022
    Balance of Payments Last Frequency Range
    Current Account Balance (USD mn) -198.4 Sep 2020 quarterly Mar 1976 - Sep 2020
    Foreign Direct Investment (USD mn) 409.1 Sep 2020 quarterly Mar 1976 - Sep 2020
    External Debt (USD mn) 13,348.1 2020 yearly 1970 - 2020
    External Debt: Short Term (USD mn) 67.9 2020 yearly 1973 - 2020
    Forecast: Current Account Balance (USD bn) -0.960 2027 yearly 1998 - 2027
    Net International Investment Position (USD mn) -35,240.992 Sep 2020 quarterly Mar 1999 - Sep 2020
    BoP: CA: Exports (f.o.b) (USD mn) 1,903.361 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Primary Income: Net (USD mn) -373.308 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Secondary Income: Payments (USD mn) 128.637 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: Financial Account (USD mn) 550.549 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Services: Payments (USD mn) 481.533 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Secondary Income: Receipts (USD mn) 460.185 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: Capital Account: Payments (USD mn) 0.000 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Services: Receipts (USD mn) 558.286 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Secondary Income: Net (USD mn) 331.549 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: Capital Account: Receipts (USD mn) 0.000 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: Net Errors and Omissions (USD mn) 215.847 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Services: Net (USD mn) 76.753 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Primary Income: Payments (USD mn) 627.921 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: Capital Account: Net (USD mn) 0.000 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: Financial Account: Liabilities (USD mn) -233.308 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Imports (f.o.b) (USD mn) 2,563.024 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: CA: Primary Income: Receipts (USD mn) 254.614 Sep 2021 quarterly Mar 2014 - Sep 2021
    Balance of Payment(BoP): Current Account (CA) (USD mn) -624.669 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: Financial Account: Assets (USD mn) 317.240 Sep 2021 quarterly Mar 2014 - Sep 2021
    BoP: FA: Liabilities: of which: Direct Investment (MMK mn) 3,260,156.400 2019 yearly 2019 - 2019
    BoP: Financial Account (FA) (MMK mn) -4,173,223.700 2019 yearly 2019 - 2019
    BoP: Receipts: Current Account (CA) (MMK mn) 32,368,045.100 2019 yearly 2019 - 2019
    BoP: Net: CA: Secondary Income (SI) (MMK mn) 3,810,481.600 2019 yearly 2019 - 2019
    BoP: Receipts: CA: Services (MMK mn) 9,705,091.100 2019 yearly 2019 - 2019
    BoP: FA: Liabilities: Other Investment (OI) (MMK mn) 1,602,253.800 2019 yearly 2019 - 2019
    FDI: PE: Value: Oil & Gas (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
    FDI: PE: Value: Hong Kong (USD mn) 8.470 Feb 2022 monthly Feb 2004 - Feb 2022
    FDI: PE: Value: Manufacturing (USD mn) 6.000 Apr 2022 monthly Feb 2004 - Apr 2022
    FDI: PE: Value: Power (USD mn) 17.380 Jan 2022 monthly Feb 2004 - Jan 2022
    FDI: PE: Value: Japan (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
    FDI: PE: Value (USD mn) 116.350 Mar 2022 monthly Feb 2004 - Mar 2022
    FDI: PE: Value: China (USD mn) 2.790 Apr 2022 monthly Feb 2004 - Apr 2022
    FDI: PE: Value: Singapore (USD mn) 2.010 Feb 2022 monthly Feb 2004 - Feb 2022
    FDI: PE: Value: Mining (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
    FDI: PE: Value: South Korea (USD mn) 17.980 Mar 2022 monthly Feb 2004 - Mar 2022
    Monetary Last Frequency Range
    Money Supply M1 (USD mn) 21,457.999 Dec 2021 monthly Apr 2012 - Dec 2021
    Money Supply M2 (USD mn) 56,858.041 Jan 2021 monthly Apr 2012 - Jan 2021
    M2 Growth (%) 18.2 Dec 2020 quarterly Dec 2002 - Dec 2020
    Reserve Requirement Ratio (%) 5.0 Jul 2022 monthly May 2011 - Jul 2022
    Foreign Exchange Reserves (USD mn) 7,704.9 Mar 2021 quarterly Dec 1950 - Mar 2021
    Foreign Exchange Reserves: Months of Import (NA) 6.0 Mar 2021 quarterly Sep 2010 - Mar 2021
    Gold Reserves (USD mn) 395.190 Mar 2021 monthly Dec 1950 - Mar 2021
    Total Deposits (USD mn) 63,337.729 2021 yearly 1961 - 2021
    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 (%) 27.73 2020 yearly 1960 - 2020
    Reserve Requirement Rate: MMK (%) 5.000 Jul 2022 monthly May 2011 - Jul 2022
    Money Stock: M1 (MMK mn) 37,560,583.400 Sep 2021 quarterly Jun 2013 - Sep 2021
    Money Stock: M2 (MMK mn) 80,537,913.880 Sep 2021 quarterly Jun 2013 - Sep 2021
    Money Stock: M0 (MMK mn) 34,370,465.410 Sep 2021 quarterly Jun 2013 - Sep 2021

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