GDP in Myanmar

Myanmar GDP | Economic News & Forecasts

Myanmar - GDP

While data is limited, the economy appears to have lost some steam in the first half of FY 2019, which ran from October 2018 to September 2019. Industrial sector activity fell to a multi-year low in H1, likely weighed on by protracted U.S.-China trade tensions. Industrial production, however, seems to have picked up pace in H2, judging by manufacturing PMI data. Moreover, the economy likely started FY 2020, which began in October, on a relatively solid footing. In October–November, the manufacturing PMI edged higher compared to the average reading observed in FY 2019. Meanwhile, the government continued with its reform efforts in November. The authorities hiked electricity prices in efforts to stabilize the power supply, which should improve the business climate.

Myanmar - GDP Data

2013   2014   2015   2016   2017  
Economic Growth (GDP, annual variation in %)7.9  8.2  7.5  5.2  6.3  

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Myanmar GDP Chart


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

Myanmar Facts

Value Change Date
Bond Yield16.000.0 %Oct 15
Exchange Rate1,4760.0 %Jan 01

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