GDP in Myanmar
Myanmar - GDPThe economy is chugging along nicely but criticism is growing and incoming data suggests that activity waned slightly. The manufacturing PMI dipped below the crucial 50-point mark for the first time in six months in June as output and new orders fell; employment opportunities did increase however. Additionally, FDI fell sharply this year and was down 43% annually in March. But officials remain upbeat that the new investment law, which came into effect in April, will turn the tide and foreign investors remain optimistic about the economy despite a deceleration in growth and the slow process of implementing reforms. Recently released data suggests that FDI will pick-up in FY 2017/2018.
Myanmar - GDP Data
|Economic Growth (GDP, annual variation in %)||7.3||8.4||8.0||7.3||6.3|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||13.00||0.0 %||Jun 15|
|Exchange Rate||1,366||0.15 %||Aug 17|
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