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The Gross Domestic Product (GDP) in Myanmar expanded 2.50 percent in the fourth quarter of 2023 over the same quarter of the previous year. This dataset provides - Myanmar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2024, the growth of the real gross domestic product (GDP) in Myanmar (Burma) was estimated at about -1.12 percent. Between 1999 and 2024, the figure dropped by approximately 9.55 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 2.91 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
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Historical chart and dataset showing Myanmar economic growth by year from 1960 to 2023.
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The Gross Domestic Product (GDP) in Myanmar was worth 74.08 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Myanmar represents 0.07 percent of the world economy. This dataset provides - Myanmar GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Burma (Myanmar): Economic growth: the rate of change of real GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Burma (Myanmar) from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .
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GDP (current US$) in Myanmar was reported at 74079772652 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Myanmar - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Key information about Myanmar Real GDP Growth
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Myanmar MM: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 5.401 % in 2018. This records an increase from the previous number of 4.908 % for 2017. Myanmar MM: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 4.481 % from Mar 1962 (Median) to 2018, with 57 observations. The data reached an all-time high of 12.685 % in 2004 and a record low of -12.904 % in 1989. Myanmar MM: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Myanmar – Table MM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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Myanmar MM: GDP: Growth data was reported at 6.369 % in 2018. This records an increase from the previous number of 5.872 % for 2017. Myanmar MM: GDP: Growth data is updated yearly, averaging 6.039 % from Mar 1962 (Median) to 2018, with 57 observations. The data reached an all-time high of 13.844 % in 2004 and a record low of -11.352 % in 1989. Myanmar MM: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Myanmar – Table MM.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.
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The latest data from show economic growth of 4.2 pour cent,
which is an increase from the rate of growth of 3.3 pour cent in the previous quarter and
an increase compared to the growth rate of 3.3 pour cent in the same quarter last year.
The economic growth time series for Myanmar cover the period...
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Burma (Myanmar): Economic growth forecast: The latest value from 2030 is 1.79 percent, unchanged from 1.79 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Burma (Myanmar) from 1999 to 2030 is 5.69 percent. The minimum value, -12 percent, was reached in 2021 while the maximum of 15.32 percent was recorded in 2004.
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Myanmar MM: GDP: Growth: Gross Value Added: Services data was reported at 8.029 % in 2016. This records a decrease from the previous number of 8.662 % for 2015. Myanmar MM: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 11.969 % from Dec 2001 (Median) to 2016, with 16 observations. The data reached an all-time high of 16.833 % in 2006 and a record low of 8.029 % in 2016. Myanmar MM: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Myanmar – Table MM.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
The statistic shows the real GDP growth of the industry sector in Myanmar from 2015 to 2018, with a forecast until 2021. In 2018, the industry GDP growth amounted to approximately *** percent.
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Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Myanmar was reported at 3 % in 2026, according to the World Bank collection of development indicators, compiled from officially recognized sources. Myanmar - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
The statistic shows the real GDP growth of the services sector in Myanmar from 2015 to 2018, with a forecast until 2021. In 2018, the services GDP growth amounted to approximately 7.5 percent.
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Key information about Myanmar GDP Deflator Growth
The statistic shows the real GDP growth of the agriculture sector in Myanmar from 2015 to 2018, with a forecast until 2021. In 2018, the agriculture GDP growth amounted to approximately *** percent.
In 2019, the growth rate of GDP contribution from the transportation sector was estimated at approximately *** percent. In comparison, Myanmar recorded an approximate growth of **** percent in GDP contributions from the transportation sector in 2011.
GDP per capita growth of Myanmar sank by 741.37% from 0.3 % in 2023 to -1.6 % in 2024. Since the 30.27% jump in 2021, GDP per capita growth plummeted by 87.03% in 2024. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
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The Gross Domestic Product (GDP) in Myanmar expanded 2.50 percent in the fourth quarter of 2023 over the same quarter of the previous year. This dataset provides - Myanmar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.