A gold building in Myanmar

Myanmar GDP

Myanmar GDP

Economic Growth in Myanmar

The economy of Myanmar recorded an average growth rate of 3.7% in the decade to 2022, below the 4.4% average for the Asia-Pacific region. In 2022, real GDP growth was 3.0%. For more GDP information, visit our dedicated page.

Myanmar GDP Chart

Note: This chart displays Economic Growth (GDP, annual variation in %) for Myanmar from 2013 to 2022.
Source: World Bank.

Myanmar GDP Data

2018 2019 2020 2021 2022
Economic Growth (GDP, ann. var. %) 6.3 6.6 -9.0 -12.0 4.0
GDP (USD bn) 67.9 75.1 79.0 66.3 62.3
GDP (MMK bn) 100,244 112,633 107,916 113,480 125,339
Economic Growth (Nominal GDP, ann. var. %) 11.9 12.4 -4.2 5.2 10.5
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Burmese GDP projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Burmese GDP.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Burmese GDP projections.

Want to get access to the full dataset of Burmese GDP forecasts? Send an email to info@focus-economics.com.

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