GDP in Myanmar

Myanmar GDP | Economic News & Forecasts

Myanmar - GDP

Myanmar is growing robustly, but the acceleration in 2016 was likely not as strong as had been expected early last year. Despite the first democratic government in over 50 years taking office in March last year and U.S. economic sanctions being lifted in October, the country has failed keep up its rapid pace of expansion. The new government has disappointed international investors especially, as it lacks transparent economic policies. In H2, FDI inflows reduced substantially and the ripple effects started to be felt, with the PMI readings showing deteriorating business conditions.

Myanmar - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)5.6  7.3  8.4  8.5  -     

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

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %Oct 15
Exchange Rate1,3650.40 %Feb 16

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