Myanmar: economy

What is Myanmar's GDP?

Myanmar's nominal GDP was 140,190.99 billion kyats in the 2023-24 fiscal year (April to March), and GDP per capita was 2,492,595 kyats, according to the headline figures on the Central Statistical Organization (CSO) home page. The Ministry of Labour's Handbook on Human Resources Development Indicators 2024-2025 gives a provisional nominal GDP of 161,382,410.3 million kyats for 2024-25, citing the Planning Department.

Myanmar's fiscal year has changed twice in recent years: it ran October to September in 2019-20 and 2020-21, a six-month interim period covered October 2021 to March 2022, and it has run April to March since 2022-23. The handbook says the 2024-25 figures will be revised.

Official sources: CSO home page: statistics overview · Handbook on Human Resources Development Indicators 2024-2025

What is Myanmar's GDP growth rate?

Real GDP grew 2.9% in the 2024-25 fiscal year, after 3.5% in 2023-24 and 3.4% in 2022-23, according to Planning Department figures in Table 6.2 of the Ministry of Labour's Handbook on Human Resources Development Indicators 2024-2025. The CSO home page also shows 3.5% for 2023-24.

Growth is measured at constant 2015-16 prices. The 2024-25 figure is provisional. The IMF publishes its own estimates for Myanmar in calendar-year terms in the IMF DataMapper, where it shows growth of -2.0% for 2025 and a projection of 2.0% for 2026, so the two sources differ in period and in method.

Official sources: Handbook on Human Resources Development Indicators 2024-2025 · IMF DataMapper: real GDP growth, Myanmar

How much does Myanmar export?

Myanmar exported goods worth US$11,020.01 million and imported US$9,054.12 million in April to December 2024-25, a trade surplus of US$1,965.89 million, according to provisional figures on the CSO home page. For the full 2024-25 fiscal year, Table 6.3 of the Handbook on Human Resources Development Indicators 2024-2025 gives provisional exports of US$14,799.81 million and imports of US$12,467.96 million.

Both are CSO merchandise trade figures in US dollars and cover goods only, not services. The two periods differ, so the nine-month and twelve-month totals should not be compared with each other.

Official sources: CSO home page: statistics overview · Handbook on Human Resources Development Indicators 2024-2025

What is the kyat exchange rate?

The Central Bank of Myanmar's reference exchange rate was 2,100 kyats per US dollar on 14 October 2026, according to the Central Bank of Myanmar home page. The CSO home page, in its overview dated 13 October 2026, showed a bank-customer market rate of 3,665.60 kyats and a money changer counter rate of 3,670 kyats per dollar, both attributed to the central bank.

Myanmar has more than one official dollar rate. The reference rate is set by the central bank, while the bank-customer market rate is the rate banks use with their customers, which the CSO page also attributes to the central bank. Rates for other currencies are published on the central bank's forex page.

Official sources: Central Bank of Myanmar · CSO home page: statistics overview · CSO: average market prices, exchange rate table

What is the Central Bank of Myanmar interest rate?

The Central Bank Rate is 9% a year, according to the interest rate panel on the Central Bank of Myanmar home page, checked on 15 October 2026. The same panel shows a minimum bank deposit rate of 7% and a maximum bank lending rate of 15% a year.

The central bank rate is the policy rate that guides bank deposit and lending rates in Myanmar. The bank publishes detailed interest rate tables in Excel and SDMX format in its financial statistics section and lists decisions of its monetary policy committee under Monetary Policy Statements.

Official sources: Central Bank of Myanmar

What is the inflation rate in Myanmar?

The IMF estimates consumer price inflation in Myanmar at 21.1% in 2025 and projects 20.0% for 2026, as shown in the IMF DataMapper on 15 October 2026. Myanmar's own consumer price index is compiled by the CSO: the Ministry of Labour's Handbook on Human Resources Development Indicators 2024-2025 gives a CPI of 268.02 for 2024-25 against 206.53 for 2023-24 (2017 = 100), a rise of about 30%.

The CSO's monthly inflation reports are listed on its website but could not be read as text on 15 October 2026, and the inflation series in the CSO's National Summary Data Page ends in April 2021. The IMF figures are annual averages for calendar years.

Official sources: IMF DataMapper: inflation, Myanmar · Handbook on Human Resources Development Indicators 2024-2025 · CSO National Summary Data Page

How fast is Myanmar's economy growing?

The latest figure from the World Bank, for 2025, is -2.0%. The peak was 13.6% in 2005 and the low -12.0% in 2021. East Asia & Pacific median: 3.6%; Myanmar is 29th highest of 29. World rank, highest first: 176th of 180.

What is Myanmar's GDP per person?

$1,489: that is GDP per person in Myanmar for 2025, according to the World Bank. Since 2005 it has ranged from $253 (2005) to $1,490 (2020). East Asia & Pacific median: $6,547; Myanmar is 28th highest of 29. Worldwide: 155th of 180.

How does Myanmar's income per person compare after prices?

According to the World Bank, GDP per person at purchasing power parity in Myanmar was $6,012 in international dollars in 2025. Since 2005 it has ranged from $1,860 in international dollars (2005) to $6,101 in international dollars (2019). East Asia & Pacific median: $14,200 in international dollars; Myanmar is 23rd highest of 29. World rank, highest first: 143rd of 179.

Does Myanmar earn more abroad than it spends?

In 2019, the current account balance in Myanmar was 0.1% of GDP, according to the IMF. Since 2005 it has ranged from -7.4% of GDP (2017) to 6.8% of GDP (2007). East Asia & Pacific median: 2.0% of GDP; Myanmar is 16th highest of 28. World rank, highest first: 60th of 176.

What is FDI in Myanmar?

The IMF puts net inflows of foreign direct investment in Myanmar at 1.3% of GDP in 2025. That is the lowest since at least 2005. Across East Asia & Pacific the middle value was 1.9% of GDP, and Myanmar placed 17th highest of 28. Worldwide: 116th of 179.

What are bank lending rates in Myanmar?

According to the IMF, the average bank lending rate in Myanmar was 14.8% in 2020. That is the lowest since at least 2005. It is 2nd highest of 18 in East Asia & Pacific, where the median is 7.8%. World rank, highest first: 20th of 109.