Gross Fixed Capital Formation — Value Standard Local Currency, annual in Myanmar
Myanmar: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 6.88 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Myanmar, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Myanmar is 6.88 % change on previous year, measured in 2024.
That represents a change of down 67.4% on the previous year and down 47.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Myanmar peaked at 88.7 % change on previous year in 1990 and was at its lowest, -15.97 % change on previous year, in 1988.
Myanmar ranks 99th of 230 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 — Value Standard Local Currency, annual in Myanmar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.08 % change on previous year | — |
| 1972 | 2.45 % change on previous year | +126.5% |
| 1973 | -1.66 % change on previous year | -167.4% |
| 1974 | 3.09 % change on previous year | -286.8% |
| 1975 | 10.16 % change on previous year | +228.7% |
| 1976 | 38.15 % change on previous year | +275.4% |
| 1977 | 61.7 % change on previous year | +61.7% |
| 1978 | 42.93 % change on previous year | -30.4% |
| 1979 | 37.75 % change on previous year | -12.1% |
| 1980 | -2.18 % change on previous year | -105.8% |
| 1981 | 19.47 % change on previous year | -993.4% |
| 1982 | 16.32 % change on previous year | -16.2% |
| 1983 | -9.83 % change on previous year | -160.2% |
| 1984 | -6.4 % change on previous year | -34.8% |
| 1985 | 2.03 % change on previous year | -131.7% |
| 1986 | -0.3757 % change on previous year | -118.5% |
| 1987 | 0.7659 % change on previous year | -303.8% |
| 1988 | -15.97 % change on previous year | -2185.5% |
| 1989 | 62.1 % change on previous year | -488.8% |
| 1990 | 88.7 % change on previous year | +42.8% |
| 1991 | 23.54 % change on previous year | -73.5% |
| 1992 | 13.1 % change on previous year | -44.3% |
| 1993 | 20.14 % change on previous year | +53.7% |
| 1994 | 45.73 % change on previous year | +127.0% |
| 1995 | 51.26 % change on previous year | +12.1% |
| 1996 | 43.27 % change on previous year | -15.6% |
| 1997 | 26.99 % change on previous year | -37.6% |
| 1998 | 37.72 % change on previous year | +39.8% |
| 1999 | 23.44 % change on previous year | -37.9% |
| 2000 | 17.84 % change on previous year | -23.9% |
| 2001 | 37.28 % change on previous year | +108.9% |
| 2002 | 33.54 % change on previous year | -10.0% |
| 2003 | 54.08 % change on previous year | +61.3% |
| 2004 | 25.75 % change on previous year | -52.4% |
| 2005 | 46.28 % change on previous year | +79.7% |
| 2006 | 45.96 % change on previous year | -0.7% |
| 2007 | 48.55 % change on previous year | +5.6% |
| 2008 | 35.67 % change on previous year | -26.5% |
| 2009 | 39.92 % change on previous year | +11.9% |
| 2010 | 41.62 % change on previous year | +4.3% |
| 2011 | 48.28 % change on previous year | +16.0% |
| 2012 | 13.32 % change on previous year | -72.4% |
| 2013 | 19.37 % change on previous year | +45.4% |
| 2014 | 13.23 % change on previous year | -31.7% |
| 2015 | 21.5 % change on previous year | +62.6% |
| 2016 | 0.5566 % change on previous year | -97.4% |
| 2017 | 17.14 % change on previous year | +2979.6% |
| 2018 | 1.87 % change on previous year | -89.1% |
| 2019 | 8.41 % change on previous year | +350.3% |
| 2020 | -4.15 % change on previous year | -149.3% |
| 2021 | 7.2 % change on previous year | -273.5% |
| 2022 | 4.99 % change on previous year | -30.7% |
| 2023 | 21.1 % change on previous year | +323.0% |
| 2024 | 6.88 % change on previous year | -67.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 2017 | +2979.6% | 0.5566 % change on previous year | 17.14 % change on previous year |
| 1988 | -2185.5% | 0.7659 % change on previous year | -15.97 % change on previous year |
| 1981 | +993.4% | -2.18 % change on previous year | 19.47 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.74 % change on previous year | -1.66 % change on previous year | 61.7 % change on previous year | 9 |
| 1980s | 6.59 % change on previous year | -15.97 % change on previous year | 62.1 % change on previous year | 10 |
| 1990s | 37.39 % change on previous year | 13.1 % change on previous year | 88.7 % change on previous year | 10 |
| 2000s | 38.49 % change on previous year | 17.84 % change on previous year | 54.08 % change on previous year | 10 |
| 2010s | 18.53 % change on previous year | 0.5566 % change on previous year | 48.28 % change on previous year | 10 |
| 2020s | 7.2 % change on previous year | -4.15 % change on previous year | 21.1 % change on previous year | 5 |
Countries ranked near Myanmar
- 96 Jamaica 6.92 % change on previous year compare
- 97 New Zealand 6.91 % change on previous year compare
- 98 Antigua and Barbuda 6.89 % change on previous year compare
- 100 Afghanistan 6.84 % change on previous year compare
- 101 North Macedonia 6.76 % change on previous year compare
- 102 Monaco 6.64 % 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 fixed capital formation — value standard local currency, annual in Myanmar?
- Gross fixed capital formation — value standard local currency, annual in Myanmar was 6.88 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Myanmar?
- The highest recorded value was 88.7 % change on previous year in 1990.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Myanmar?
- The lowest recorded value was -15.97 % change on previous year in 1988.
- How does Myanmar rank for gross fixed capital formation — value standard local currency, annual?
- Myanmar ranks 99th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Myanmar?
- Over the last ten years it is down 47.9%. 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 Fixed Capital Formation — Value Standard Local Currency, 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 Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.