Annual GDP growth (%) in Myanmar
Myanmar: Annual GDP growth (%) was -1.0% in 2024. ◆ Volatile
Annual GDP growth in Myanmar, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Myanmar stood at -1.0%.
Compared with earlier readings it is down 201.4% on the previous year and down 111.9% over ten years.
Over the whole period, annual gdp growth in Myanmar peaked at 13.8% in 2003 and was at its lowest, -12.0%, in 2021.
Myanmar ranks 213th of 230 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Myanmar, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 13.7% | — |
| 2001 | 11.3% | -17.5% |
| 2002 | 12.0% | +6.0% |
| 2003 | 13.8% | +15.1% |
| 2004 | 13.6% | -2.0% |
| 2005 | 13.6% | +0.0% |
| 2006 | 13.1% | -3.6% |
| 2007 | 12.0% | -8.3% |
| 2008 | 10.3% | -14.5% |
| 2009 | 10.6% | +2.9% |
| 2010 | 9.6% | -8.7% |
| 2011 | 5.6% | -42.0% |
| 2012 | 7.3% | +31.1% |
| 2013 | 8.4% | +14.9% |
| 2014 | 8.2% | -3.0% |
| 2015 | 7.0% | -14.4% |
| 2016 | 5.9% | -16.2% |
| 2017 | 6.1% | +4.7% |
| 2018 | 6.3% | +2.2% |
| 2019 | 6.6% | +4.9% |
| 2020 | -9.0% | -237.5% |
| 2021 | -12.0% | +32.8% |
| 2022 | 4.0% | -133.6% |
| 2023 | 1.0% | -76.3% |
| 2024 | -1.0% | -201.4% |
Myanmar compared with similar countries
- Myanmar's -1.0% is below the median for lower middle income countries, which is 3.8%. (43 countries reporting)
- Myanmar's -1.0% is below the median for East Asia & Pacific, which is 3.5%. (33 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Myanmar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -237.5% | 6.6% | -9.0% |
| 2024 | -201.4% | 1.0% | -1.0% |
| 2022 | +133.6% | -12.0% | 4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.4% | 10.3% | 13.8% | 10 |
| 2010s | 7.1% | 5.6% | 9.6% | 10 |
| 2020s | -3.4% | -12.0% | 4.0% | 5 |
Countries ranked near Myanmar
More economy & growth data for Myanmar
- Real gdp growth, annual growth rate 133.49 % change on previous year (2022)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.01 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -64.67 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.47 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -15.31 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Myanmar?
- Annual gdp growth in Myanmar was -1.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Myanmar?
- The highest recorded value was 13.8% in 2003.
- What is the lowest annual gdp growth recorded in Myanmar?
- The lowest recorded value was -12.0% in 2021.
- How does Myanmar rank for annual gdp growth?
- Myanmar ranks 213th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Myanmar?
- Over the last ten years it is down 111.9%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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