GDP in Myanmar

Myanmar GDP | Economic News & Forecasts

Myanmar - GDP

The manufacturing sector ended 2018 on a strong footing, with the PMI rising to a seven-month high in December thanks to strong output and new orders growth. As a result, employment in the sector posted its first gains since June, leading to a reduction in capacity constraints and backlogs of work. Output expectations, however, remained underwhelming despite a boost in sentiment due to increasing new business orders. Meanwhile, plans are currently being made to set up a derivatives market in the country; this is despite a not fully operational stock market, due to a lack of investor interest. In other news, armed conflict escalated in the Rakhine state in early January, sparking fears of a secession that would no doubt hurt the economy.

Myanmar - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)8.4  8.0  7.0  5.9  6.7  

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Myanmar GDP Chart


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

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %Jan 15
Exchange Rate1,5330.0 %Feb 14

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