Gross domestic product (GDP) in Myanmar
Myanmar: Gross domestic product (GDP) was 396.32 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
396.32 billion international-$ in 2021 prices
Change on year
down 6.4%
World rank
54th
of 184 countries
All-time high
428.51 billion international-$ in 2021 prices
in 2021
All-time low
17.34 billion international-$ in 2021 prices
in 1962
Years of data
62
1962–2023
Gross domestic product (GDP) in Myanmar, 1962–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Myanmar stood at 396.32 billion international-$ in 2021 prices.
That represents a change of down 6.4% on the previous year and up 58.2% over ten years.
Over the whole period, gross domestic product (gdp) in Myanmar peaked at 428.51 billion international-$ in 2021 prices in 2021 and was at its lowest, 17.34 billion international-$ in 2021 prices, in 1962.
Myanmar ranks 54th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Myanmar, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1962 | 17.34 billion international-$ in 2021 prices | — |
| 1963 | 19.60 billion international-$ in 2021 prices | +13.1% |
| 1964 | 18.41 billion international-$ in 2021 prices | -6.1% |
| 1965 | 19.80 billion international-$ in 2021 prices | +7.5% |
| 1966 | 19.80 billion international-$ in 2021 prices | +0.0% |
| 1967 | 18.14 billion international-$ in 2021 prices | -8.4% |
| 1968 | 19.05 billion international-$ in 2021 prices | +5.0% |
| 1969 | 19.89 billion international-$ in 2021 prices | +4.4% |
| 1970 | 21.41 billion international-$ in 2021 prices | +7.6% |
| 1971 | 22.16 billion international-$ in 2021 prices | +3.5% |
| 1972 | 22.06 billion international-$ in 2021 prices | -0.4% |
| 1973 | 22.17 billion international-$ in 2021 prices | +0.5% |
| 1974 | 22.80 billion international-$ in 2021 prices | +2.8% |
| 1975 | 23.75 billion international-$ in 2021 prices | +4.2% |
| 1976 | 24.96 billion international-$ in 2021 prices | +5.1% |
| 1977 | 25.92 billion international-$ in 2021 prices | +3.8% |
| 1978 | 27.01 billion international-$ in 2021 prices | +4.2% |
| 1979 | 28.02 billion international-$ in 2021 prices | +3.8% |
| 1980 | 30.31 billion international-$ in 2021 prices | +8.2% |
| 1981 | 32.10 billion international-$ in 2021 prices | +5.9% |
| 1982 | 34.21 billion international-$ in 2021 prices | +6.6% |
| 1983 | 36.04 billion international-$ in 2021 prices | +5.3% |
| 1984 | 38.50 billion international-$ in 2021 prices | +6.8% |
| 1985 | 39.12 billion international-$ in 2021 prices | +1.6% |
| 1986 | 38.88 billion international-$ in 2021 prices | -0.6% |
| 1987 | 37.68 billion international-$ in 2021 prices | -3.1% |
| 1988 | 32.79 billion international-$ in 2021 prices | -13.0% |
| 1989 | 33.48 billion international-$ in 2021 prices | +2.1% |
| 1990 | 34.06 billion international-$ in 2021 prices | +1.7% |
| 1991 | 32.92 billion international-$ in 2021 prices | -3.3% |
| 1992 | 35.51 billion international-$ in 2021 prices | +7.9% |
| 1993 | 45.25 billion international-$ in 2021 prices | +27.4% |
| 1994 | 43.72 billion international-$ in 2021 prices | -3.4% |
| 1995 | 48.55 billion international-$ in 2021 prices | +11.1% |
| 1996 | 49.23 billion international-$ in 2021 prices | +1.4% |
| 1997 | 49.66 billion international-$ in 2021 prices | +0.9% |
| 1998 | 57.16 billion international-$ in 2021 prices | +15.1% |
| 1999 | 55.58 billion international-$ in 2021 prices | -2.8% |
| 2000 | 54.71 billion international-$ in 2021 prices | -1.6% |
| 2001 | 60.85 billion international-$ in 2021 prices | +11.2% |
| 2002 | 64.37 billion international-$ in 2021 prices | +5.8% |
| 2003 | 76.10 billion international-$ in 2021 prices | +18.2% |
| 2004 | 81.91 billion international-$ in 2021 prices | +7.6% |
| 2005 | 92.78 billion international-$ in 2021 prices | +13.3% |
| 2006 | 102.93 billion international-$ in 2021 prices | +10.9% |
| 2007 | 117.17 billion international-$ in 2021 prices | +13.8% |
| 2008 | 139.27 billion international-$ in 2021 prices | +18.9% |
| 2009 | 152.46 billion international-$ in 2021 prices | +9.5% |
| 2010 | 193.17 billion international-$ in 2021 prices | +26.7% |
| 2011 | 221.53 billion international-$ in 2021 prices | +14.7% |
| 2012 | 175.39 billion international-$ in 2021 prices | -20.8% |
| 2013 | 250.58 billion international-$ in 2021 prices | +42.9% |
| 2014 | 269.15 billion international-$ in 2021 prices | +7.4% |
| 2015 | 276.17 billion international-$ in 2021 prices | +2.6% |
| 2016 | 272.58 billion international-$ in 2021 prices | -1.3% |
| 2017 | 276.28 billion international-$ in 2021 prices | +1.4% |
| 2018 | 334.74 billion international-$ in 2021 prices | +21.2% |
| 2019 | 347.60 billion international-$ in 2021 prices | +3.8% |
| 2020 | 334.28 billion international-$ in 2021 prices | -3.8% |
| 2021 | 428.51 billion international-$ in 2021 prices | +28.2% |
| 2022 | 423.27 billion international-$ in 2021 prices | -1.2% |
| 2023 | 396.32 billion international-$ in 2021 prices | -6.4% |
Myanmar compared with similar countries
- Myanmar's 396.32 billion international-$ in 2021 prices is above the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 5.5× the median. (42 countries reporting)
- Myanmar's 396.32 billion international-$ in 2021 prices is below the median for East Asia & Pacific, which is 596.79 billion international-$ in 2021 prices, 66% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.00 billion international-$ in 2021 prices | 17.34 billion international-$ in 2021 prices | 19.89 billion international-$ in 2021 prices | 8 |
| 1970s | 24.03 billion international-$ in 2021 prices | 21.41 billion international-$ in 2021 prices | 28.02 billion international-$ in 2021 prices | 10 |
| 1980s | 35.31 billion international-$ in 2021 prices | 30.31 billion international-$ in 2021 prices | 39.12 billion international-$ in 2021 prices | 10 |
| 1990s | 45.16 billion international-$ in 2021 prices | 32.92 billion international-$ in 2021 prices | 57.16 billion international-$ in 2021 prices | 10 |
| 2000s | 94.25 billion international-$ in 2021 prices | 54.71 billion international-$ in 2021 prices | 152.46 billion international-$ in 2021 prices | 10 |
| 2010s | 261.72 billion international-$ in 2021 prices | 175.39 billion international-$ in 2021 prices | 347.60 billion international-$ in 2021 prices | 10 |
| 2020s | 395.60 billion international-$ in 2021 prices | 334.28 billion international-$ in 2021 prices | 428.51 billion international-$ in 2021 prices | 4 |
Countries ranked near Myanmar
- 51 Venezuela 435.13 billion international-$ in 2021 prices compare
- 52 Israel 408.45 billion international-$ in 2021 prices compare
- 53 Ethiopia 406.07 billion international-$ in 2021 prices compare
- 55 Denmark 392.00 billion international-$ in 2021 prices compare
- 56 Portugal 382.11 billion international-$ in 2021 prices compare
- 57 Greece 351.55 billion international-$ in 2021 prices compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.10 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0148 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 20.1 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 14.13 % change on previous year (2023)
Frequently asked questions
- What is gross domestic product (gdp) in Myanmar?
- Gross domestic product (gdp) in Myanmar was 396.32 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Myanmar?
- The highest recorded value was 428.51 billion international-$ in 2021 prices in 2021.
- What is the lowest gross domestic product (gdp) recorded in Myanmar?
- The lowest recorded value was 17.34 billion international-$ in 2021 prices in 1962.
- How does Myanmar rank for gross domestic product (gdp)?
- Myanmar ranks 54th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Myanmar?
- Over the last ten years it is up 58.2%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.