Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Myanmar
Myanmar: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 38.85 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
38.85 million SLC per square kilometre
Change on year
up 2.5%
World rank
26th
of 194 countries
All-time high
41.58 million SLC per square kilometre
in 2017
All-time low
0.2225 million SLC per square kilometre
in 1974
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Myanmar, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Myanmar stood at 38.85 million SLC per square kilometre.
That represents a change of up 2.5% on the previous year and up 27.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Myanmar peaked at 41.58 million SLC per square kilometre in 2017 and was at its lowest, 0.2225 million SLC per square kilometre, in 1974.
That places Myanmar 26th out of 194 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Myanmar, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.3259 million SLC per square kilometre | — |
| 1971 | 0.3167 million SLC per square kilometre | -2.8% |
| 1972 | 0.298 million SLC per square kilometre | -5.9% |
| 1973 | 0.2502 million SLC per square kilometre | -16.0% |
| 1974 | 0.2225 million SLC per square kilometre | -11.1% |
| 1975 | 0.2305 million SLC per square kilometre | +3.6% |
| 1976 | 0.2751 million SLC per square kilometre | +19.3% |
| 1977 | 0.4078 million SLC per square kilometre | +48.2% |
| 1978 | 0.5279 million SLC per square kilometre | +29.5% |
| 1979 | 0.6289 million SLC per square kilometre | +19.1% |
| 1980 | 0.6151 million SLC per square kilometre | -2.2% |
| 1981 | 0.6997 million SLC per square kilometre | +13.7% |
| 1982 | 0.7945 million SLC per square kilometre | +13.6% |
| 1983 | 0.7137 million SLC per square kilometre | -10.2% |
| 1984 | 0.6671 million SLC per square kilometre | -6.5% |
| 1985 | 0.6752 million SLC per square kilometre | +1.2% |
| 1986 | 0.6457 million SLC per square kilometre | -4.4% |
| 1987 | 0.5899 million SLC per square kilometre | -8.7% |
| 1988 | 0.4215 million SLC per square kilometre | -28.5% |
| 1989 | 0.5037 million SLC per square kilometre | +19.5% |
| 1990 | 0.691 million SLC per square kilometre | +37.2% |
| 1991 | 0.7173 million SLC per square kilometre | +3.8% |
| 1992 | 0.7221 million SLC per square kilometre | +0.7% |
| 1993 | 0.799 million SLC per square kilometre | +10.6% |
| 1994 | 0.9867 million SLC per square kilometre | +23.5% |
| 1995 | 1.26 million SLC per square kilometre | +28.2% |
| 1996 | 1.55 million SLC per square kilometre | +22.8% |
| 1997 | 1.67 million SLC per square kilometre | +7.7% |
| 1998 | 1.84 million SLC per square kilometre | +10.1% |
| 1999 | 2.04 million SLC per square kilometre | +11.0% |
| 2000 | 2.27 million SLC per square kilometre | +11.2% |
| 2001 | 2.48 million SLC per square kilometre | +9.2% |
| 2002 | 2.63 million SLC per square kilometre | +6.1% |
| 2003 | 3.39 million SLC per square kilometre | +28.7% |
| 2004 | 4.12 million SLC per square kilometre | +21.7% |
| 2005 | 5.35 million SLC per square kilometre | +29.7% |
| 2006 | 6.66 million SLC per square kilometre | +24.5% |
| 2007 | 8.48 million SLC per square kilometre | +27.2% |
| 2008 | 10.14 million SLC per square kilometre | +19.7% |
| 2009 | 13.67 million SLC per square kilometre | +34.8% |
| 2010 | 18.1 million SLC per square kilometre | +32.4% |
| 2011 | 24.33 million SLC per square kilometre | +34.4% |
| 2012 | 26.75 million SLC per square kilometre | +10.0% |
| 2013 | 30.6 million SLC per square kilometre | +14.4% |
| 2014 | 33 million SLC per square kilometre | +7.8% |
| 2015 | 38.51 million SLC per square kilometre | +16.7% |
| 2016 | 37.27 million SLC per square kilometre | -3.2% |
| 2017 | 41.58 million SLC per square kilometre | +11.6% |
| 2018 | 40.14 million SLC per square kilometre | -3.5% |
| 2019 | 41.32 million SLC per square kilometre | +2.9% |
| 2020 | 38.36 million SLC per square kilometre | -7.1% |
| 2021 | 38.33 million SLC per square kilometre | -0.1% |
| 2022 | 37.89 million SLC per square kilometre | -1.1% |
| 2023 | 38.85 million SLC per square kilometre | +2.5% |
Myanmar compared with similar countries
- Myanmar's 38.85 million SLC per square kilometre is above the median for lower middle income countries, which is 2.34 million SLC per square kilometre, 16.6× the median. (44 countries reporting)
- Myanmar's 38.85 million SLC per square kilometre is above the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 24.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3484 million SLC per square kilometre | 0.2225 million SLC per square kilometre | 0.6289 million SLC per square kilometre | 10 |
| 1980s | 0.6326 million SLC per square kilometre | 0.4215 million SLC per square kilometre | 0.7945 million SLC per square kilometre | 10 |
| 1990s | 1.23 million SLC per square kilometre | 0.691 million SLC per square kilometre | 2.04 million SLC per square kilometre | 10 |
| 2000s | 5.92 million SLC per square kilometre | 2.27 million SLC per square kilometre | 13.67 million SLC per square kilometre | 10 |
| 2010s | 33.16 million SLC per square kilometre | 18.1 million SLC per square kilometre | 41.58 million SLC per square kilometre | 10 |
| 2020s | 38.36 million SLC per square kilometre | 37.89 million SLC per square kilometre | 38.85 million SLC per square kilometre | 4 |
Countries ranked near Myanmar
- 23 Iraq 47.32 million SLC per square kilometre compare
- 24 Sri Lanka 41.25 million SLC per square kilometre compare
- 25 French Polynesia 40.18 million SLC per square kilometre compare
- 27 Cote d'Ivoire 37.56 million SLC per square kilometre compare
- 28 Comoros 36.14 million SLC per square kilometre compare
- 29 Jamaica 32.71 million SLC per square kilometre 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 fixed capital formation — value standard local currency, 2015 in Myanmar?
- Gross fixed capital formation — value standard local currency, 2015 in Myanmar was 38.85 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Myanmar?
- The highest recorded value was 41.58 million SLC per square kilometre in 2017.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Myanmar?
- The lowest recorded value was 0.2225 million SLC per square kilometre in 1974.
- How does Myanmar rank for gross fixed capital formation — value standard local currency, 2015?
- Myanmar ranks 26th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Myanmar?
- Over the last ten years it is up 27.0%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.