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Myanmar Key Economic Indicators

  2015/16 2016/17 2017/18e 2018/19e 2019/20f
1. GDP
GDP % change 7 5.9 6.8e 6.4e 6.6f
Per capita GDP (in U.S. dollars) 1,342 1,408 1,484e 1,500e 1,550f
2. Inflation
Inflation (annual average) 10 6.8 4e 7.1e 6.8f
Inflation (end period) 6.8 6.8 7e 7.5e 6.5f
3. Government Budget (as percent of GDP)
Revenue 11.3 11.1 10.1e 9.4e 9.1f
Expenditure 15.1 14.2 13.1e 14.4e 14.6f
4. Money and Credit (12 months percentage change)
M2 26.3 19.4 18e -7.2e 12.3f
Total deposits in the banking system 32.5 36.7 38.8e 40.7e 47.5f
Total outstanding loans in private sector 43.2 44.9 46.2e 48.9e 50.7f
Private sector credit (as percent of GDP) 34.3 33.8 23e 21.3e 14f
Domestic credit 31.4 25.5 20.2e 21.9e 16.1f
5. Balance of Payments (millions of dollars)
Exports 10,221 10,649 13,563 21,322 22,050f
Imports 15,589 16,018 17,411 26,523 27,563f
Trade balance (5,368) (5,369) (3,848) (5,201) (5,513f)
Current account (excluding grants) (4,396) (3,501) (1,725) (2,080) (2,600f)
Nominal GDP (billion US$) 59.68 63.22 66.7e 65.7e 71.4f
Exchange rate (Kyat per US$ end period) official 1,216 1,362 1,335 1,514.9 1,520f
Parallel 1,208 1,361 1,327 1,564 N/A
  • e: means estimated and f: means forecast.
  • Source:
    1. World Bank Group, Myanmar Economic Monitor, December 2018
    2. Asian Development Bank Press Conference
    3. Asian Development Outlook 2019
    4. IMF
    5. Trading Economics
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