Unemployment in Myanmar

Myanmar Unemployment | Economic News & Forecasts

Myanmar - Unemployment

Economic momentum seems to have picked up in 2019, after markedly slowing last year owing to flooding in mid-2018, which hampered agricultural production, and lower government expenditure in efforts to close the fiscal shortfall. In January–April, the manufacturing sector’s operating conditions significantly improved from a weak H2 2018—which was induced by increased cost pressures and exchange rate volatility—while output and new orders growth strengthened in April. Although employment in the sector grew only marginally in April, domestic demand should have firmed up on softer inflation and a stronger kyat in the first quarter. Ongoing reform efforts since the start of the year should further strengthen the domestic side of the economy.

Myanmar - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate4.0  4.0  4.0  4.0  4.0  

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Myanmar Unemployment Chart


Myanmar Unemployment
Note: Unemployment in % of active population.
Source: IMF.

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %Mar 15
Exchange Rate1,5380.0 %May 13

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