Current Account in Myanmar

Myanmar Current Account | Economic News & Forecasts

Myanmar - Current Account

The manufacturing sector performed well in H1 but has taken a turn for the worse since: The manufacturing PMI dropped to below the 50-point mark in July and remained there through October. In November, however, the PMI returned to expansionary territory on increased output and new business. In November, the government set up a ministerial team tasked with reforming the wider economy; since taking power over two years ago, the government has faced criticism of slow reform progress. In the same month, the Central Bank announced foreign banks can set their own interest rates on local currency deposits, although rates cannot exceed 13.00%. Foreign banks will also be allowed to expand operations in 2019.

Myanmar - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-4.9  -2.2  -5.1  -3.9  -5.3  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Myanmar Current Account Chart


Myanmar Current Account
Note: Current account balance as % of GDP.
Source: IMF

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %Oct 15
Exchange Rate1,5260.0 %Jan 16

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form