Myanmar - Economic Indicators

Duty Calls in Myanmar

Mar 07, 2024

An announcement by the head of Myanmar’s ruling junta, Min Aung Hlaing, about the enforcement of military service jolted many citizens out of their seats—literally. Lines snaked at foreign embassies as people attempted to escape the call-up by leaving the country. The Thai embassy in Yangon reportedly implemented a daily cap of 400 walk-in applications to manage the crowd. To be clear, there is no new conscription law. Rather, the military...

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GDP Reference Last Previous Units Frequency
Nominal Gross Domestic Product 2022 117,624,980,000,000 98,654,170,000,000 MMK Annual
Nominal Fixed Investment (gross fixed capital formation) 2015 25,243,069,800,000 22,983,380,700,000 NCU Annual
Real Fixed Investment (gross fixed capital formation) 2004 1,206,042,683,100 999,316,990,100 NCU Annual
Labor Reference Last Previous Units Frequency
Labor Force 2016 25,085,206 24,811,879 # Annual
Total Employment 2015 21,791 Ths. Annual
Trade Reference Last Previous Units Frequency
Exports of Goods Dec 2020 1,656 1,294 Mil. USD, NSA Monthly
Imports of Goods Dec 2020 1,545 1,225 Mil. USD, NSA Monthly
Current Account Balance 2020 Q3 -198,367,550 -849,583,767 USD, NSA Quarterly
Markets Reference Last Previous Units Frequency
Lending Rate 2012 13 16.33 % Annual
Demographics Reference Last Previous Units Frequency
Net Migration 2017 -99,998 # Annual

Economic Indicators for Myanmar including actual values, historical data, and latest data updates for the Myanmar economy.