Annual GDP growth in Myanmar
Myanmar: Annual GDP growth was 1.0% in 2023. ◆ Volatile
Latest (2023)
1.0%
Change on year
down 76.2%
World rank
159th
of 211 countries
All-time high
13.8%
in 2003
All-time low
-12.0%
in 2021
Years of data
24
2000–2023
Annual GDP growth in Myanmar, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, annual gdp growth in Myanmar stood at 1.0%.
That represents a change of down 76.2% on the previous year and down 88.6% 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 159th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
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 | -4.0% | -12.0% | 4.0% | 4 |
Countries ranked near Myanmar
- 156 Azerbaijan 1.1% compare
- 157 Singapore 1.1% compare
- 158 Angola 1.0% compare
- 160 France 0.9% compare
- 161 Central African Republic 0.9% compare
- 162 Micronesia (country) 0.8% compare
- 162 Moldova 0.8% compare
More economy & growth data for Myanmar
- Inflation of consumer prices 8.8% (2019)
- GDP per capita 1,128 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 25.1% (2025)
- Gross domestic product (GDP) 61.87 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,128 constant 2015 US$ (2025)
- DEC alternative conversion factor 2,100 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 11.70 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 5.57 billion current US$ (2025)
- Net primary income (Net income from abroad) -3.52 trillion current LCU (2025)
- Net primary income (Net income from abroad) -1.68 billion current US$ (2025)
Frequently asked questions
- What is annual gdp growth in Myanmar?
- Annual gdp growth in Myanmar was 1.0% in 2023, according to World Bank – processed by Our World in Data.
- 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 159th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Myanmar?
- Over the last ten years it is down 88.6%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%)