GDP in Myanmar

Myanmar GDP | Economic News & Forecasts

Myanmar - GDP

The 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

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)7.3  8.4  8.0  7.3  6.3  

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

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %Jun 15
Exchange Rate1,3660.15 %Aug 17

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