Gross domestic product (GDP), annual growth rate in Myanmar
Myanmar: Gross domestic product (GDP), annual growth rate was -6.37 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Myanmar, 1963–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross domestic product (gdp), annual growth rate in Myanmar stood at -6.37 % change on previous year.
That represents a change of down 420.3% on the previous year and down 114.8% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Myanmar peaked at 42.87 % change on previous year in 2013 and was at its lowest, -20.83 % change on previous year, in 2012.
Myanmar ranks 175th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Myanmar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1963 | 13.07 % change on previous year | — |
| 1964 | -6.05 % change on previous year | -146.3% |
| 1965 | 7.51 % change on previous year | -224.0% |
| 1966 | 0.0354 % change on previous year | -99.5% |
| 1967 | -8.4 % change on previous year | -23864.4% |
| 1968 | 5.01 % change on previous year | -159.6% |
| 1969 | 4.41 % change on previous year | -11.9% |
| 1970 | 7.64 % change on previous year | +73.2% |
| 1971 | 3.51 % change on previous year | -54.0% |
| 1972 | -0.4454 % change on previous year | -112.7% |
| 1973 | 0.4977 % change on previous year | -211.7% |
| 1974 | 2.82 % change on previous year | +466.3% |
| 1975 | 4.18 % change on previous year | +48.4% |
| 1976 | 5.09 % change on previous year | +21.7% |
| 1977 | 3.85 % change on previous year | -24.5% |
| 1978 | 4.19 % change on previous year | +9.0% |
| 1979 | 3.76 % change on previous year | -10.4% |
| 1980 | 8.15 % change on previous year | +117.0% |
| 1981 | 5.93 % change on previous year | -27.3% |
| 1982 | 6.57 % change on previous year | +10.8% |
| 1983 | 5.34 % change on previous year | -18.7% |
| 1984 | 6.83 % change on previous year | +27.8% |
| 1985 | 1.59 % change on previous year | -76.6% |
| 1986 | -0.5967 % change on previous year | -137.4% |
| 1987 | -3.1 % change on previous year | +420.0% |
| 1988 | -12.97 % change on previous year | +318.0% |
| 1989 | 2.1 % change on previous year | -116.2% |
| 1990 | 1.73 % change on previous year | -17.8% |
| 1991 | -3.33 % change on previous year | -292.6% |
| 1992 | 7.85 % change on previous year | -335.6% |
| 1993 | 27.43 % change on previous year | +249.4% |
| 1994 | -3.38 % change on previous year | -112.3% |
| 1995 | 11.06 % change on previous year | -426.6% |
| 1996 | 1.41 % change on previous year | -87.2% |
| 1997 | 0.8602 % change on previous year | -39.0% |
| 1998 | 15.11 % change on previous year | +1656.0% |
| 1999 | -2.76 % change on previous year | -118.3% |
| 2000 | -1.57 % change on previous year | -43.0% |
| 2001 | 11.23 % change on previous year | -814.2% |
| 2002 | 5.78 % change on previous year | -48.5% |
| 2003 | 18.22 % change on previous year | +215.4% |
| 2004 | 7.64 % change on previous year | -58.1% |
| 2005 | 13.28 % change on previous year | +73.9% |
| 2006 | 10.93 % change on previous year | -17.7% |
| 2007 | 13.84 % change on previous year | +26.6% |
| 2008 | 18.86 % change on previous year | +36.3% |
| 2009 | 9.47 % change on previous year | -49.8% |
| 2010 | 26.7 % change on previous year | +181.8% |
| 2011 | 14.69 % change on previous year | -45.0% |
| 2012 | -20.83 % change on previous year | -241.8% |
| 2013 | 42.87 % change on previous year | -305.8% |
| 2014 | 7.41 % change on previous year | -82.7% |
| 2015 | 2.61 % change on previous year | -64.8% |
| 2016 | -1.3 % change on previous year | -149.8% |
| 2017 | 1.36 % change on previous year | -204.6% |
| 2018 | 21.16 % change on previous year | +1458.8% |
| 2019 | 3.84 % change on previous year | -81.9% |
| 2020 | -3.83 % change on previous year | -199.7% |
| 2021 | 28.19 % change on previous year | -835.9% |
| 2022 | -1.22 % change on previous year | -104.3% |
| 2023 | -6.37 % change on previous year | +420.3% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1967 | -23864.4% | 0.0354 % change on previous year | -8.4 % change on previous year |
| 1998 | +1656.0% | 0.8602 % change on previous year | 15.11 % change on previous year |
| 2018 | +1458.8% | 1.36 % change on previous year | 21.16 % change on previous year |
| 2021 | +835.9% | -3.83 % change on previous year | 28.19 % change on previous year |
| 2001 | +814.2% | -1.57 % change on previous year | 11.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.22 % change on previous year | -8.4 % change on previous year | 13.07 % change on previous year | 7 |
| 1970s | 3.51 % change on previous year | -0.4454 % change on previous year | 7.64 % change on previous year | 10 |
| 1980s | 1.99 % change on previous year | -12.97 % change on previous year | 8.15 % change on previous year | 10 |
| 1990s | 5.6 % change on previous year | -3.38 % change on previous year | 27.43 % change on previous year | 10 |
| 2000s | 10.77 % change on previous year | -1.57 % change on previous year | 18.86 % change on previous year | 10 |
| 2010s | 9.85 % change on previous year | -20.83 % change on previous year | 42.87 % change on previous year | 10 |
| 2020s | 4.19 % change on previous year | -6.37 % change on previous year | 28.19 % change on previous year | 4 |
Countries ranked near Myanmar
- 172 Kuwait -4.98 % change on previous year compare
- 173 Tunisia -4.98 % change on previous year compare
- 174 Palestine -5.56 % change on previous year compare
- 176 Estonia -6.45 % change on previous year compare
- 177 Yemen -6.74 % change on previous year compare
- 178 Bahrain -7.84 % change on previous year 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), annual growth rate in Myanmar?
- Gross domestic product (gdp), annual growth rate in Myanmar was -6.37 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Myanmar?
- The highest recorded value was 42.87 % change on previous year in 2013.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Myanmar?
- The lowest recorded value was -20.83 % change on previous year in 2012.
- How does Myanmar rank for gross domestic product (gdp), annual growth rate?
- Myanmar ranks 175th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Myanmar?
- Over the last ten years it is down 114.8%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.