Gross Domestic Product — Value US$, annual growth rate in Myanmar
Myanmar: Gross Domestic Product — Value US$, annual growth rate was -35.15 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Myanmar, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Myanmar recorded -35.15 % change on previous year for gross domestic product — value us$, annual growth rate in 2024. That is the lowest value across all 54 years on record.
That represents a change of down 643.8% on the previous year and down 624.9% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Myanmar peaked at 41.86 % change on previous year in 2008 and was at its lowest, -35.15 % change on previous year, in 2024.
That places Myanmar 233rd out of 236 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Myanmar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.41 % change on previous year | — |
| 1972 | -7.38 % change on previous year | -406.3% |
| 1973 | 30.04 % change on previous year | -506.9% |
| 1974 | 19.82 % change on previous year | -34.0% |
| 1975 | -7.51 % change on previous year | -137.9% |
| 1976 | 11.12 % change on previous year | -248.1% |
| 1977 | 2.48 % change on previous year | -77.7% |
| 1978 | 11.62 % change on previous year | +369.5% |
| 1979 | 14.7 % change on previous year | +26.5% |
| 1980 | 10.07 % change on previous year | -31.5% |
| 1981 | 0.5663 % change on previous year | -94.4% |
| 1982 | 2.25 % change on previous year | +297.2% |
| 1983 | 3.07 % change on previous year | +36.7% |
| 1984 | 3.13 % change on previous year | +1.9% |
| 1985 | 2.35 % change on previous year | -25.0% |
| 1986 | -24.46 % change on previous year | -1141.6% |
| 1987 | -1.63 % change on previous year | -93.3% |
| 1988 | -8.23 % change on previous year | +405.4% |
| 1989 | 7.76 % change on previous year | -194.4% |
| 1990 | 6.67 % change on previous year | -14.1% |
| 1991 | 2.71 % change on previous year | -59.4% |
| 1992 | 12.16 % change on previous year | +348.8% |
| 1993 | 8.55 % change on previous year | -29.7% |
| 1994 | 9.77 % change on previous year | +14.3% |
| 1995 | 9.19 % change on previous year | -6.0% |
| 1996 | 8.39 % change on previous year | -8.7% |
| 1997 | 7.47 % change on previous year | -10.9% |
| 1998 | -34.47 % change on previous year | -561.2% |
| 1999 | 10.96 % change on previous year | -131.8% |
| 2000 | 10.64 % change on previous year | -3.0% |
| 2001 | 4.93 % change on previous year | -53.7% |
| 2002 | 35.83 % change on previous year | +626.9% |
| 2003 | -4.28 % change on previous year | -112.0% |
| 2004 | 3.31 % change on previous year | -177.4% |
| 2005 | 16.35 % change on previous year | +393.5% |
| 2006 | 16.1 % change on previous year | -1.6% |
| 2007 | 31.63 % change on previous year | +96.4% |
| 2008 | 41.86 % change on previous year | +32.3% |
| 2009 | 27.34 % change on previous year | -34.7% |
| 2010 | 25.84 % change on previous year | -5.5% |
| 2011 | 39.68 % change on previous year | +53.5% |
| 2012 | 5.4 % change on previous year | -86.4% |
| 2013 | 1.84 % change on previous year | -65.8% |
| 2014 | 6.7 % change on previous year | +262.9% |
| 2015 | -5.67 % change on previous year | -184.6% |
| 2016 | 1.59 % change on previous year | -128.0% |
| 2017 | 1.52 % change on previous year | -4.2% |
| 2018 | 7.37 % change on previous year | +385.1% |
| 2019 | 3.68 % change on previous year | -50.2% |
| 2020 | 11.38 % change on previous year | +209.5% |
| 2021 | 22.03 % change on previous year | +93.7% |
| 2022 | -33.23 % change on previous year | -250.8% |
| 2023 | -4.73 % change on previous year | -85.8% |
| 2024 | -35.15 % change on previous year | +643.8% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Myanmar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | -1141.6% | 2.35 % change on previous year | -24.46 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.59 % change on previous year | -7.51 % change on previous year | 30.04 % change on previous year | 9 |
| 1980s | -0.5111 % change on previous year | -24.46 % change on previous year | 10.07 % change on previous year | 10 |
| 1990s | 4.14 % change on previous year | -34.47 % change on previous year | 12.16 % change on previous year | 10 |
| 2000s | 18.37 % change on previous year | -4.28 % change on previous year | 41.86 % change on previous year | 10 |
| 2010s | 8.79 % change on previous year | -5.67 % change on previous year | 39.68 % change on previous year | 10 |
| 2020s | -7.94 % change on previous year | -35.15 % change on previous year | 22.03 % change on previous year | 5 |
Countries ranked near Myanmar
- 230 Malawi -13.46 % change on previous year compare
- 231 Palestine -23.18 % change on previous year compare
- 231 Palestine -23.18 % change on previous year compare
- 234 Syria -37.09 % change on previous year compare
- 234 Syrian Arab Republic -37.09 % change on previous year compare
- 236 Nigeria -49.96 % change on previous year compare
More economy & growth data for Myanmar
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.01 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 14.13 % change on previous year (2023)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Myanmar?
- Gross domestic product — value us$, annual growth rate in Myanmar was -35.15 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Myanmar?
- The highest recorded value was 41.86 % change on previous year in 2008.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Myanmar?
- The lowest recorded value was -35.15 % change on previous year in 2024.
- How does Myanmar rank for gross domestic product — value us$, annual growth rate?
- Myanmar ranks 233rd out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Myanmar?
- Over the last ten years it is down 624.9%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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 — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.