Myanmar Forecast: Real GDP Growth
1999 - 2028 | Yearly | % | International Monetary Fund
Key information about Myanmar Forecast: Real GDP Growth
- Myanmar Real GDP Growth is forecasted to be 2.639 % in Sep 2024 as reported by International Monetary Fund.
- It records an increase from the last reported number of 2.583 % in Sep 2023.
- Looking ahead, Myanmar Real GDP Growth is projected to stand at 3.397 % in Sep 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Myanmar's Forecast: Real GDP Growth from 1999 to 2028 in the chart:
What is Myanmar's Forecast: Real GDP Growth in 2028?
Myanmar Real GDP Growth is forecasted to be 2.639 % in Sep 2024 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.397 2028 | 2.899 2027 | -17.938 2021 | 15.318 2004 | % | yearly | 1999 - 2028 |
Forecast: Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | -20.737 2021 | yearly | 2003 - 2021 |
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.500 2028 | yearly | 2001 - 2028 |
| Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
| Aruba (%) | 1.100 2028 | yearly | 1987 - 2028 |
| Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
| Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
| Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
| Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
| Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
| Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 3.625 2028 | yearly | 1980 - 2028 |
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
| Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
| Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
| Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
| Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
| Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
| Canada (%) | 1.662 2028 | yearly | 1980 - 2028 |
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
| China (%) | 3.437 2028 | yearly | 1980 - 2028 |
| Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
| Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
| Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 2.899 2028 | yearly | 1980 - 2028 |
| Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
| Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
| Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
| Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
| Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
| Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
| Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
| Finland (%) | 1.624 2028 | yearly | 1980 - 2028 |
| France (%) | 1.450 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
| Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
| Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
| Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
| Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 2.379 2028 | yearly | 1980 - 2028 |
| India (%) | 6.042 2029 | yearly | 1981 - 2029 |
| Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
| Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
| Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
| Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
| Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
| Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
| Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
| South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 3.800 2028 | yearly | 2001 - 2028 |
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
| Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
| Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 1.599 2029 | yearly | 1981 - 2029 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
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Includes 187 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 (%) | -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) | 43,994.200 2028 | yearly | 1998 - 2028 |
| Forecast: Government Net Debt (MMK bn) | 142,869.860 2028 | yearly | 1998 - 2028 |
| Forecast: Government Revenue (MMK bn) | 36,020.560 2028 | yearly | 1998 - 2028 |
| Budget: Government Deficit/Surplus (MMK mn) | -2,397,290.867 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: TR: Tax on Income and Profit (MMK mn) | 1,115,726.840 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: Revenue (MMK mn) | 8,084,163.015 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: Net Capital Expenditure (NEX) (MMK mn) | 2,765,708.057 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: Total Expenditure (MMK mn) | 11,168,114.276 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: TR: PPC: Excise duty (MMK mn) | 304.635 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: Expense (EX) (MMK mn) | 7,591,540.747 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: TR: PPC: Specific Goods Tax (MMK mn) | 317,132.934 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: Total Revenue (MMK mn) | 8,770,823.409 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| Budget: Net Borrowing/ Net Lending (MMK mn) | -2,273,085.789 Mar 2023 | quarterly | Dec 2018 - Mar 2023 |
| 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 (%) | 3.759 2028 | yearly | 1999 - 2028 |
| 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) | 39,896.285 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 50.074 2022 | yearly | 1996 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 0.172 2022 | yearly | 1995 - 2022 |
| 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) | 467,037.680 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 145,193.038 2022 | yearly | 1995 - 2022 |
| 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: Matpe (USD mn) | 26.100 Jul 2022 | monthly | Jul 2010 - Jul 2022 |
| Exports: Teak Log (USD mn) | 0.400 Mar 2015 | monthly | Jan 2011 - Mar 2015 |
| Exports: Fish & Fish Products (USD mn) | 40.500 Jul 2022 | monthly | Jul 2010 - Jul 2022 |
| Imports: Machinery Non-Electric & Transport Equipment (USD mn) | 68.900 Jul 2022 | monthly | Jul 2010 - Jul 2022 |
| Exports: Gas (USD mn) | 356.100 Jul 2022 | monthly | Aug 2010 - Jul 2022 |
| Exports: Sesamum Seeds (USD mn) | 12.900 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: Edible Vegetable Oil & Other Hydrogenated Oils (USD mn) | 70.600 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 |
| Exports: China (USD mn) | 267.080 Jul 2022 | monthly | Jul 2010 - Jul 2022 |
| Imports: China (USD mn) | 363.850 Jul 2022 | monthly | Jul 2010 - Jul 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | -256.1 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| Foreign Direct Investment (USD mn) | 830.1 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 0.6 Sep 2021 | quarterly | Dec 2017 - Sep 2021 |
| External Debt (USD mn) | 12,537.5 2022 | yearly | 1970 - 2022 |
| External Debt: % of GDP (%) | 16.7 2020 | yearly | 2018 - 2020 |
| External Debt: Short Term (USD mn) | 31.8 2022 | yearly | 1973 - 2022 |
| External Debt: Short Term: % of GDP (%) | 0.1 2020 | yearly | 2018 - 2020 |
| Forecast: Current Account Balance (USD bn) | -1.384 2028 | yearly | 1998 - 2028 |
| Net International Investment Position (USD mn) | -35,240.992 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| BoP: CA: Exports (f.o.b) (USD mn) | 2,647.100 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Services: Net (USD mn) | 198.800 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Imports (f.o.b) (USD mn) | 3,581.400 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Services: Payments (USD mn) | 468.100 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Secondary Income: Payments (USD mn) | 126.800 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Secondary Income: Receipts (USD mn) | 1,012.300 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Secondary Income: Net (USD mn) | 885.500 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Primary Income: Receipts (USD mn) | 264.000 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: Capital Account: Receipts (USD mn) | 0.000 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: Financial Account (USD mn) | -825.800 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: Capital Account: Net (USD mn) | 0.000 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Primary Income: Net (USD mn) | -406.100 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: Capital Account: Payments (USD mn) | 0.000 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: Financial Account: Liabilities (USD mn) | 854.200 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Balance of Payment(BoP): Current Account (CA) (USD mn) | -256.100 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: Financial Account: Assets (USD mn) | 28.300 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: Net Errors and Omissions (USD mn) | -120.600 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Primary Income: Payments (USD mn) | 670.100 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| BoP: CA: Services: Receipts (USD mn) | 666.900 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| 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: 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: 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 (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) | 19,851.155 Mar 2023 | monthly | Apr 2012 - Mar 2023 |
| Money Supply M2 (USD mn) | 56,858.041 Jan 2021 | monthly | Apr 2012 - Jan 2021 |
| M2 Growth (%) | 8.6 Mar 2023 | quarterly | Dec 2002 - Mar 2023 |
| Reserve Requirement Ratio (%) | 3.5 Mar 2024 | monthly | May 2011 - Mar 2024 |
| 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) | 60,865.914 2022 | yearly | 1960 - 2022 |
| 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 (%) | 3.500 Mar 2024 | monthly | May 2011 - Mar 2024 |
| Money Stock: M2 (MMK mn) | 87,268,346.990 Mar 2023 | quarterly | Jun 2013 - Mar 2023 |
| Money Stock: M0 (MMK mn) | 41,350,806.370 Mar 2023 | quarterly | Jun 2013 - Mar 2023 |
| Money Stock: M1 (MMK mn) | 41,687,424.810 Mar 2023 | quarterly | Jun 2013 - Mar 2023 |
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National Accounts
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