Gross fixed capital formation, Private sector, Current prices in Myanmar
Myanmar: Gross fixed capital formation, Private sector, Current prices was 11.64 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Myanmar, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Myanmar recorded 11.64 % change on previous year for gross fixed capital formation, private sector, current prices in 2019.
Compared with earlier readings it is up 170.9% on the previous year and down 79.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Myanmar peaked at 78.55 % change on previous year in 1989 and was at its lowest, -8.2 % change on previous year, in 1983.
Myanmar ranks 56th of 174 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 fixed capital formation, Private sector, Current prices in Myanmar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.77 % change on previous year | — |
| 1972 | 0.3749 % change on previous year | -78.9% |
| 1973 | 0.6983 % change on previous year | +86.3% |
| 1974 | 6.68 % change on previous year | +856.9% |
| 1975 | 24.84 % change on previous year | +271.7% |
| 1976 | 51.81 % change on previous year | +108.6% |
| 1977 | 50.1 % change on previous year | -3.3% |
| 1978 | 39.88 % change on previous year | -20.4% |
| 1979 | 14.62 % change on previous year | -63.4% |
| 1980 | 8.52 % change on previous year | -41.7% |
| 1981 | 17.75 % change on previous year | +108.3% |
| 1982 | 2.26 % change on previous year | -87.3% |
| 1983 | -8.2 % change on previous year | -463.1% |
| 1984 | -2.33 % change on previous year | -71.6% |
| 1985 | 0.8146 % change on previous year | -135.0% |
| 1986 | 0.1941 % change on previous year | -76.2% |
| 1987 | -7.64 % change on previous year | -4033.3% |
| 1988 | 19.68 % change on previous year | -357.7% |
| 1989 | 78.55 % change on previous year | +299.2% |
| 1990 | 46.11 % change on previous year | -41.3% |
| 1991 | 17.77 % change on previous year | -61.5% |
| 1992 | 16.84 % change on previous year | -5.2% |
| 1993 | 34.1 % change on previous year | +102.5% |
| 1994 | 49.01 % change on previous year | +43.7% |
| 1995 | 46.45 % change on previous year | -5.2% |
| 1996 | 33.68 % change on previous year | -27.5% |
| 1997 | 32.99 % change on previous year | -2.0% |
| 1998 | 14.73 % change on previous year | -55.4% |
| 1999 | 31.28 % change on previous year | +112.4% |
| 2000 | 36.83 % change on previous year | +17.8% |
| 2001 | 36.96 % change on previous year | +0.4% |
| 2002 | 49.03 % change on previous year | +32.6% |
| 2003 | 33.28 % change on previous year | -32.1% |
| 2004 | 15.08 % change on previous year | -54.7% |
| 2005 | 29.33 % change on previous year | +94.5% |
| 2006 | 53.43 % change on previous year | +82.2% |
| 2007 | 48.14 % change on previous year | -9.9% |
| 2008 | 41.04 % change on previous year | -14.7% |
| 2009 | 57.64 % change on previous year | +40.5% |
| 2010 | 47.94 % change on previous year | -16.8% |
| 2011 | 44.52 % change on previous year | -7.1% |
| 2012 | 17.54 % change on previous year | -60.6% |
| 2013 | 12.57 % change on previous year | -28.3% |
| 2014 | 19.53 % change on previous year | +55.3% |
| 2015 | 7.69 % change on previous year | -60.7% |
| 2016 | 17.31 % change on previous year | +125.3% |
| 2017 | 9.59 % change on previous year | -44.6% |
| 2018 | 4.3 % change on previous year | -55.2% |
| 2019 | 11.64 % change on previous year | +170.9% |
Myanmar compared with similar countries
- Myanmar's 11.64 % change on previous year is above the median for lower middle income countries, which is 8.41 % change on previous year, 1.4× the median. (41 countries reporting)
- Myanmar's 11.64 % change on previous year is above the median for East Asia & Pacific, which is 2.81 % change on previous year, 4.1× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current prices 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 |
|---|---|---|---|
| 1987 | -4033.3% | 0.1941 % change on previous year | -7.64 % change on previous year |
| 1974 | +856.9% | 0.6983 % change on previous year | 6.68 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.2 % change on previous year | 0.3749 % change on previous year | 51.81 % change on previous year | 9 |
| 1980s | 10.96 % change on previous year | -8.2 % change on previous year | 78.55 % change on previous year | 10 |
| 1990s | 32.3 % change on previous year | 14.73 % change on previous year | 49.01 % change on previous year | 10 |
| 2000s | 40.08 % change on previous year | 15.08 % change on previous year | 57.64 % change on previous year | 10 |
| 2010s | 19.26 % change on previous year | 4.3 % change on previous year | 47.94 % change on previous year | 10 |
Countries ranked near Myanmar
- 53 Dominican Republic 12.16 % change on previous year compare
- 54 Taiwan 11.85 % change on previous year compare
- 55 Benin 11.67 % change on previous year compare
- 57 Niger 10.83 % change on previous year compare
- 58 Lithuania 10.47 % change on previous year compare
- 59 Uganda 10.08 % 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)
- IMF holdings of currency, SDR, annual growth rate -19.36 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 9.81 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 18.5 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Myanmar?
- Gross fixed capital formation, private sector, current prices in Myanmar was 11.64 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Myanmar?
- The highest recorded value was 78.55 % change on previous year in 1989.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Myanmar?
- The lowest recorded value was -8.2 % change on previous year in 1983.
- How does Myanmar rank for gross fixed capital formation, private sector, current prices?
- Myanmar ranks 56th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Myanmar?
- Over the last ten years it is down 79.8%. 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 fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
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 fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.