External Debt in Myanmar
Myanmar - External DebtAlthough economic data remains limited, momentum is expected to have picked up in the year-to-date from the interim fiscal year period that ran from April to September 2018. Easing inflationary pressures and a stronger currency should have buttressed domestic demand in Q1; however, inflation jumped to a seven-month high in April while the kyat lost some ground against the greenback, boding poorly for private consumption in the second quarter. More positively, the manufacturing sector’s operating conditions continued to markedly improve in the first two months of Q2, buttressed by more favorable demand conditions. Meanwhile, a number of foreign companies will likely enter the country’s largely untapped insurance market by the end of the year in the wake of pro-market reforms.
Myanmar - External Debt Data
|External Debt (% of GDP)||20.4||21.9||23.5||23.9||26.3|
5 years of economic forecasts for more than 30 economic indicators.
Myanmar External Debt Chart
Source: World Bank and FocusEconomics calculations.
|Bond Yield||16.00||0.0 %||Apr 15|
|Exchange Rate||1,513||0.0 %||Jul 11|
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