Myanmar - Economic Indicators

How U.S.-China Decoupling Will Hurt Asia-Pacific Industries

Apr 17, 2024

The great decoupling of the U.S. and Chinese economies is exposing vulnerabilities for some countries and industries in Asia and the Pacific. Changing growth dynamics in China bring added challenges. The sectors with the greatest exposure to the U.S. and China are electronics and machinery, two sectors subject to significant geopolitical risk. China’s manufacturing push creates challenges for regional car exporters and commodity producers. The...

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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.