GDP in Myanmar

Myanmar GDP | Economic News & Forecasts

Myanmar - GDP

The economy is likely zipping along so far this year, albeit from a very low base. The manufacturing PMI remained in expansionary territory in May, thanks to greater output and new orders, while strong growth in regional trading partners China and Thailand should be aiding the external sector. In addition, the recently enacted investment law should make it easier for foreign investors to enter the country.The government is also working on a development strategy for the crucial agricultural sector, which has been buffeted by a succession of droughts and floods in recent years, in order to raise productivity and improve access to credit.

Myanmar - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)5.6  7.3  8.4  8.0  7.3  

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Note: Annual variation of gross domestic product (GDP) in %.
Source: IMF.

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %Mar 15
Exchange Rate1,3680.77 %Jun 16

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