Myanmar Real GDP Growth

Key information about Myanmar Real GDP Growth

• The Gross Domestic Product (GDP) in Myanmar expanded 3.3 % YoY in Dec 2023, following a growth of 3.5 % in the previous year.
• Real GDP Growth YoY data in Myanmar is updated yearly, available from Dec 2011 to Dec 2023, with an average rate of 5.8 %.
• The data reached an all-time high of 8.4 % in Dec 2013 and a record low of -2.9 % in Dec 2021.

CEIC calculates annual Real GDP Growth from quarterly Real GDP. The Central Bank of Myanmar provides Real GDP in local currency, at 2015-2016 prices. Real GDP Growth prior to 2017 is calculated from Real GDP reported in annual frequency, ending in March of each year. Real GDP Growth prior to 2019 is calculated from Real GDP reported in annual frequency, ending in September of each year.

Its GDP deflator (implicit price deflator) increased 7.3 % in Dec 2023.

GDP Per Capita in Myanmar reached 1,116.4 USD in Dec 2022.

Its Gross Savings Rate was measured at 28.7 % in Mar 2018.

For Nominal GDP contributions, Investment accounted for 34.1 % in Mar 2018.

View Myanmar's Real GDP Growth from 2011 to 2023 in the chart:

What was Myanmar's Real GDP Growth in 2023?

The Gross Domestic Product (GDP) in Myanmar expanded 3.3 % YoY in Dec 2023, following a growth of 3.5 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
3.3 2023	3.5 2022	-2.9 2021	8.4 2013	%	yearly	2011 - 2023

Real GDP Growth by Country Comparison

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Myanmar Key Series

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