Inflation in Myanmar dropped to a five-year low in 2022, settling at 2.25 percent. This is down from a fairly high spike in 2015, expected to converge to a steady state around 7.8 percent in the coming years. For a developing economy, this is an acceptable level, though Myanmar’s central bankers would probably prefer one or two percentage points less. What is inflation? Inflation is the rise in prices over time. This is often caused by economic growth, and economists consider low, stable growth to be a sign of a healthy economy. The unemployment rate can also cause inflation if it is too low because businesses have to offer higher wages to attract workers. The firms raise prices to pay these higher wages, driving up inflation. Myanmar may be different While the unemployment rate is very low, other indicators may reveal that the labor market still has some slack. Myanmar does not publish the workforce particiaption rate, but one can infer by the low rate of urbanization that many workers may engage in subsistance agriculture or simply not search for jobs, keeping them out of the unemployment statistic. Similarly, the low gross domestic product (GDP) per capita may cause workers to stay with a job that is not a good match simply because they do not think they can find another. The hope is that the higher inflation rate will have upward pressure on wages, bringing more wealth to the people of Myanmar.

Inflation Rate in Myanmar increased to 28.58 percent in the second quarter of 2023 from 27.50 percent in the first quarter of 2023. This dataset provides - Myanmar Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Burma (Myanmar): Inflation: percent change in the Consumer Price Index: The latest value from 2019 is 8.8 percent, an increase from 6.9 percent in 2018. In comparison, the world average is 5.0 percent, based on data from 176 countries. Historically, the average for Burma (Myanmar) from 1960 to 2019 is 13.3 percent. The minimum value, -6 percent, was reached in 1978 while the maximum of 57.1 percent was recorded in 2002.

The Consumer Price Index in Myanmar increased 0.98 percent in July of 2022 over the previous month. This dataset provides - Myanmar Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, consumer prices (annual %) in Myanmar was reported at 8.8251 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Myanmar - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Burma (Myanmar): Inflation forecast: The latest value from 2030 is 7.8 percent, unchanged from 7.8 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Burma (Myanmar) from 1998 to 2030 is 13.69 percent. The minimum value, -20.93 percent, was reached in 2001 while the maximum of 60.14 percent was recorded in 2002.

Myanmar MM: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 10.250 % in 2017. This records an increase from the previous number of 3.556 % for 2016. Myanmar MM: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 19.382 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 41.509 % in 2002 and a record low of 2.462 % in 2000. Myanmar MM: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series 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: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Inflation rate (GDP deflator) of Myanmar leapt by 11.77% from 10.8 % in 2023 to 12.1 % in 2024. Since the 68.42% drop in 2022, inflation rate (GDP deflator) rocketed by 95.62% in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Cost of food in Myanmar decreased 7.60 percent in June of 2023 over the same month in the previous year. This dataset provides - Myanmar Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Myanmar Consumer Price Index CPI growth

• Myanmar Consumer Price Index (CPI) growth was measured at 25.3 % YoY in Mar 2024, compared with a rate of 25.2 % in the previous month.
• Myanmar Consumer Price Index growth data is updated monthly, available from Oct 2008 to Mar 2024, with an averaged number of 6.7 % YoY.
• The data reached an all-time high of 35.8 % YoY in Sep 2022 and a record low of -2.0 % YoY in Apr 2012.

CEIC extends history for monthly Consumer Price Index Growth. Central Statistical Organization provides Consumer Price Index with base 2017=100. Consumer Price Index Growth prior to January 2023 is calculated from Consumer Price Index with base 2012=100. Consumer Price Index Growth prior to March 2016 is calculated from Consumer Price Index with base 2006=100.

Inflation, GDP deflator: linked series (annual %) in Myanmar was reported at 12.06 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Myanmar - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Inflation rates in the Association of Southeast Asian Nations (ASEAN) ranged from ** percent inflation in Myanmar to **** percent inflation in Thailand in 2025. Only a few countries are in the 2 to 6 percent range that many economists view as optimal for emerging economies. Effects of high inflation High inflation is generally detrimental to the economy. Prices tend to rise faster than wages, meaning that people and firms have less purchasing power. This in turn leads to slower growth in the gross domestic product (GDP). It also leads to a weaker currency. For countries with a positive trade balance this can be beneficial, because exports are relatively cheaper to foreign buyers. Through the same mechanism, net importers suffer from a weaker currency. Additionally, inflation makes a country’s national debt less expensive if the debt is denominated in the local currency. However, most of this debt is in U.S. dollars, so inflation makes the debt more difficult to service and repay. Risks of deflation With deflation, consumers and firms delay investments because they expect prices to be lower in the future. This slows consumption and investment, two major components of GDP growth. The most common example of this is Japan, where the GDP growth rate has been low for a long time due, in large part, to deflation. For this reason, countries like Brunei would rather see low and stable inflation than slight deflation.

Inflation, monthly percent change in the CPI in Myanmar, mars, 2024 Pour cet indicateur, Central Bank of Myanmar fournit des données pour la Myanmar de mars 2013 à mars 2024. La valeur moyenne pour Myanmar pendant cette période était de 0.88 pour cent avec un minimum de -2.32 pour cent en décembre 2015 et un maximum de 8.42 pour cent en août 2022. | TheGlobalEconomy.com

This scatter chart displays birth rate (per 1,000 people) against inflation (annual %) in Myanmar. The data is about countries per year.

Myanmar: Inflation forecast: Für diesen Indikator stellen wir Daten für Myanmar von 1998 bis 2030 bereit. Der durchschnittliche Wert für Myanmar in diesem Zeitraum lag bei 13.69 Prozent mit einem Minimum von -20.93 Prozent im Jahre 2001 und einem Maximum von 60.14 Prozent im Jahre 2002. Der neuste Wert aus dem Jahr 2030 liegt bei 7.8 Prozent. Zum Vergleich: Der Weltdurchschnitt im Jahr 2030, basierend auf 182 Ländern, liegt bei 3.65 Prozent.

Myanmar: Inflation forecast: Pour cet indicateur, International Monetary Fund fournit des données pour la Myanmar de 1998 à 2030. La valeur moyenne pour Myanmar pendant cette période était de 13.69 pour cent avec un minimum de -20.93 pour cent en 2001 et un maximum de 60.14 pour cent en 2002.

Myanmar: Inflation: Prozentveränderung im Verbraucherpreisindex: Für diesen Indikator stellen wir Daten für Myanmar von 1960 bis 2019 bereit. Der durchschnittliche Wert für Myanmar in diesem Zeitraum lag bei 13.3 Prozent mit einem Minimum von -6 Prozent im Jahre 1978 und einem Maximum von 57.1 Prozent im Jahre 2002. Der neuste Wert aus dem Jahr 2019 liegt bei 8.8 Prozent. Zum Vergleich: Der Weltdurchschnitt im Jahr 2019, basierend auf 176 Ländern, liegt bei 5.0 Prozent.

This horizontal bar chart displays inflation (annual %) by currency using the aggregation median in Myanmar. The data is about countries per year.

Birmanya: Inflation: percent change in the Consumer Price Index: Dünya Bankası göstergesi için Birmanya hakkında 1960 - 2019 arası bilgi. Birmanya için bu döneme ait ortalama değer yüzde 13.3 percent con un mínimo de -6 percent en 1978 y un máximo de 57.1 percent en 2002.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

        A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

Geographic coverage notes

The data cover the following sub-national areas: Yangon, Rakhine, Shan (North), Kayin, Kachin, Shan (South), Mon, Tanintharyi, Mandalay, Kayah, Shan (East), Chin, Magway, Sagaing, Market Average