External debt stocks in Myanmar
Myanmar: External debt stocks was 15.3% in 2024. ◆ Volatile
External debt stocks in Myanmar, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Myanmar stood at 15.3%. That is the lowest value across all 55 years on record.
Compared with earlier readings it is down 17.7% on the previous year and down 4.9% over ten years.
Over the whole period, external debt stocks in Myanmar peaked at 318.8% in 1988 and was at its lowest, 15.3%, in 2024.
Myanmar ranks 113th of 121 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks in Myanmar, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 29.0% | — |
| 1971 | 33.0% | +13.8% |
| 1972 | 33.4% | +1.2% |
| 1973 | 42.3% | +26.7% |
| 1974 | 29.1% | -31.3% |
| 1975 | 35.2% | +21.0% |
| 1976 | 32.3% | -8.2% |
| 1977 | 69.7% | +115.7% |
| 1978 | 109.1% | +56.5% |
| 1979 | 148.1% | +35.8% |
| 1980 | 163.3% | +10.3% |
| 1981 | 178.7% | +9.4% |
| 1982 | 153.3% | -14.2% |
| 1983 | 179.6% | +17.2% |
| 1984 | 193.7% | +7.8% |
| 1985 | 210.2% | +8.5% |
| 1986 | 242.9% | +15.5% |
| 1987 | 309.1% | +27.2% |
| 1988 | 318.8% | +3.1% |
| 1989 | 236.6% | -25.8% |
| 1990 | 254.1% | +7.4% |
| 1991 | 267.4% | +5.2% |
| 1992 | 230.2% | -13.9% |
| 1993 | 184.7% | -19.8% |
| 1994 | 144.9% | -21.5% |
| 1995 | 118.5% | -18.2% |
| 1996 | 95.1% | -19.7% |
| 1997 | 124.8% | +31.2% |
| 1998 | 94.6% | -24.2% |
| 1999 | 76.0% | -19.7% |
| 2000 | 72.8% | -4.2% |
| 2001 | 94.2% | +29.3% |
| 2002 | 99.0% | +5.2% |
| 2003 | 71.1% | -28.2% |
| 2004 | 73.0% | +2.7% |
| 2005 | 59.9% | -17.9% |
| 2006 | 51.9% | -13.4% |
| 2007 | 40.0% | -22.9% |
| 2008 | 28.1% | -29.7% |
| 2009 | 25.7% | -8.5% |
| 2010 | 20.2% | -21.6% |
| 2011 | 18.1% | -10.5% |
| 2012 | 19.2% | +6.2% |
| 2013 | 17.0% | -11.4% |
| 2014 | 16.1% | -5.4% |
| 2015 | 17.8% | +10.6% |
| 2016 | 16.4% | -7.7% |
| 2017 | 16.9% | +2.8% |
| 2018 | 16.3% | -3.5% |
| 2019 | 15.4% | -5.4% |
| 2020 | 17.3% | +12.4% |
| 2021 | 21.1% | +21.8% |
| 2022 | 20.5% | -2.7% |
| 2023 | 18.6% | -9.5% |
| 2024 | 15.3% | -17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56.1% | 29.0% | 148.1% | 10 |
| 1980s | 218.6% | 153.3% | 318.8% | 10 |
| 1990s | 159.0% | 76.0% | 267.4% | 10 |
| 2000s | 61.6% | 25.7% | 99.0% | 10 |
| 2010s | 17.3% | 15.4% | 20.2% | 10 |
| 2020s | 18.5% | 15.3% | 21.1% | 5 |
Countries ranked near Myanmar
More economy & growth data for Myanmar
- 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)
- Industry (including construction), value added (constant 2015 US$) -2.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3275 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 487.63 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -2.37 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 348.12 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 518,313 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.26 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.385 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks in Myanmar?
- External debt stocks in Myanmar was 15.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Myanmar?
- The highest recorded value was 318.8% in 1988.
- What is the lowest external debt stocks recorded in Myanmar?
- The lowest recorded value was 15.3% in 2024.
- How does Myanmar rank for external debt stocks?
- Myanmar ranks 113th out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Myanmar?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.