Gross Fixed Capital Formation — Value Standard Local Currency in Myanmar
Myanmar: Gross Fixed Capital Formation — Value Standard Local Currency was 45.69 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Myanmar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Myanmar is 45.69 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 120.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Myanmar peaked at 45.69 million million SLC in 2024 and was at its lowest, 1,452 million SLC, in 1970.
Myanmar ranks 23rd of 230 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Myanmar, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,452 million SLC | — |
| 1971 | 1,468 million SLC | +1.1% |
| 1972 | 1,504 million SLC | +2.5% |
| 1973 | 1,479 million SLC | -1.7% |
| 1974 | 1,525 million SLC | +3.1% |
| 1975 | 1,680 million SLC | +10.2% |
| 1976 | 2,321 million SLC | +38.2% |
| 1977 | 3,753 million SLC | +61.7% |
| 1978 | 5,364 million SLC | +42.9% |
| 1979 | 7,389 million SLC | +37.8% |
| 1980 | 7,228 million SLC | -2.2% |
| 1981 | 8,636 million SLC | +19.5% |
| 1982 | 10,045 million SLC | +16.3% |
| 1983 | 9,058 million SLC | -9.8% |
| 1984 | 8,477 million SLC | -6.4% |
| 1985 | 8,650 million SLC | +2.0% |
| 1986 | 8,617 million SLC | -0.4% |
| 1987 | 8,683 million SLC | +0.8% |
| 1988 | 7,296 million SLC | -16.0% |
| 1989 | 11,827 million SLC | +62.1% |
| 1990 | 22,318 million SLC | +88.7% |
| 1991 | 27,571 million SLC | +23.5% |
| 1992 | 31,184 million SLC | +13.1% |
| 1993 | 37,465 million SLC | +20.1% |
| 1994 | 54,596 million SLC | +45.7% |
| 1995 | 82,582 million SLC | +51.3% |
| 1996 | 118,313 million SLC | +43.3% |
| 1997 | 150,240 million SLC | +27.0% |
| 1998 | 206,912 million SLC | +37.7% |
| 1999 | 255,408 million SLC | +23.4% |
| 2000 | 300,981 million SLC | +17.8% |
| 2001 | 413,182 million SLC | +37.3% |
| 2002 | 551,749 million SLC | +33.5% |
| 2003 | 850,124 million SLC | +54.1% |
| 2004 | 1.07 million million SLC | +25.7% |
| 2005 | 1.56 million million SLC | +46.3% |
| 2006 | 2.28 million million SLC | +46.0% |
| 2007 | 3.39 million million SLC | +48.5% |
| 2008 | 4.60 million million SLC | +35.7% |
| 2009 | 6.44 million million SLC | +39.9% |
| 2010 | 9.12 million million SLC | +41.6% |
| 2011 | 13.52 million million SLC | +48.3% |
| 2012 | 15.32 million million SLC | +13.3% |
| 2013 | 18.28 million million SLC | +19.4% |
| 2014 | 20.70 million million SLC | +13.2% |
| 2015 | 25.15 million million SLC | +21.5% |
| 2016 | 25.29 million million SLC | +0.6% |
| 2017 | 29.63 million million SLC | +17.1% |
| 2018 | 30.18 million million SLC | +1.9% |
| 2019 | 32.72 million million SLC | +8.4% |
| 2020 | 31.36 million million SLC | -4.1% |
| 2021 | 33.62 million million SLC | +7.2% |
| 2022 | 35.30 million million SLC | +5.0% |
| 2023 | 42.74 million million SLC | +21.1% |
| 2024 | 45.69 million million SLC | +6.9% |
Myanmar compared with similar countries
- Myanmar's 45.69 million million SLC is above the median for lower middle income countries, which is 367,772 million SLC, 124.2× the median. (44 countries reporting)
- Myanmar's 45.69 million million SLC is above the median for East Asia & Pacific, which is 123,364 million SLC, 370.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,794 million SLC | 1,452 million SLC | 7,389 million SLC | 10 |
| 1980s | 8,852 million SLC | 7,228 million SLC | 11,827 million SLC | 10 |
| 1990s | 98,659 million SLC | 22,318 million SLC | 255,408 million SLC | 10 |
| 2000s | 2.15 million million SLC | 300,981 million SLC | 6.44 million million SLC | 10 |
| 2010s | 21.99 million million SLC | 9.12 million million SLC | 32.72 million million SLC | 10 |
| 2020s | 37.74 million million SLC | 31.36 million million SLC | 45.69 million million SLC | 5 |
Countries ranked near Myanmar
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)
- SDRs holdings, US dollar, annual growth rate -64.67 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -66.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.47 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -15.31 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Myanmar?
- Gross fixed capital formation — value standard local currency in Myanmar was 45.69 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Myanmar?
- The highest recorded value was 45.69 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Myanmar?
- The lowest recorded value was 1,452 million SLC in 1970.
- How does Myanmar rank for gross fixed capital formation — value standard local currency?
- Myanmar ranks 23rd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Myanmar?
- Over the last ten years it is up 120.7%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).