Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Myanmar
Myanmar: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 22,697 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Myanmar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Myanmar stood at 22,697 million USD.
Compared with earlier readings it is up 4.1% on the previous year and up 22.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Myanmar peaked at 23,346 million USD in 2017 and was at its lowest, 125.06 million USD, in 1974.
That places Myanmar 76th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Myanmar, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 183.22 million USD | — |
| 1971 | 178.02 million USD | -2.8% |
| 1972 | 167.51 million USD | -5.9% |
| 1973 | 140.65 million USD | -16.0% |
| 1974 | 125.06 million USD | -11.1% |
| 1975 | 129.58 million USD | +3.6% |
| 1976 | 154.64 million USD | +19.3% |
| 1977 | 229.24 million USD | +48.2% |
| 1978 | 296.77 million USD | +29.5% |
| 1979 | 353.51 million USD | +19.1% |
| 1980 | 345.79 million USD | -2.2% |
| 1981 | 393.31 million USD | +13.7% |
| 1982 | 446.63 million USD | +13.6% |
| 1983 | 401.17 million USD | -10.2% |
| 1984 | 375.02 million USD | -6.5% |
| 1985 | 379.54 million USD | +1.2% |
| 1986 | 362.99 million USD | -4.4% |
| 1987 | 331.57 million USD | -8.7% |
| 1988 | 236.92 million USD | -28.5% |
| 1989 | 283.13 million USD | +19.5% |
| 1990 | 388.44 million USD | +37.2% |
| 1991 | 403.19 million USD | +3.8% |
| 1992 | 405.91 million USD | +0.7% |
| 1993 | 449.13 million USD | +10.6% |
| 1994 | 554.67 million USD | +23.5% |
| 1995 | 710.93 million USD | +28.2% |
| 1996 | 872.68 million USD | +22.8% |
| 1997 | 940.13 million USD | +7.7% |
| 1998 | 1,035 million USD | +10.1% |
| 1999 | 1,148 million USD | +11.0% |
| 2000 | 1,277 million USD | +11.2% |
| 2001 | 1,395 million USD | +9.2% |
| 2002 | 1,480 million USD | +6.1% |
| 2003 | 1,905 million USD | +28.7% |
| 2004 | 2,318 million USD | +21.7% |
| 2005 | 3,006 million USD | +29.7% |
| 2006 | 3,744 million USD | +24.6% |
| 2007 | 4,764 million USD | +27.2% |
| 2008 | 5,700 million USD | +19.6% |
| 2009 | 7,684 million USD | +34.8% |
| 2010 | 10,170 million USD | +32.4% |
| 2011 | 13,669 million USD | +34.4% |
| 2012 | 15,030 million USD | +10.0% |
| 2013 | 17,189 million USD | +14.4% |
| 2014 | 18,535 million USD | +7.8% |
| 2015 | 21,634 million USD | +16.7% |
| 2016 | 20,924 million USD | -3.3% |
| 2017 | 23,346 million USD | +11.6% |
| 2018 | 22,533 million USD | -3.5% |
| 2019 | 23,196 million USD | +2.9% |
| 2020 | 21,537 million USD | -7.2% |
| 2021 | 21,517 million USD | -0.1% |
| 2022 | 21,270 million USD | -1.1% |
| 2023 | 21,810 million USD | +2.5% |
| 2024 | 22,697 million USD | +4.1% |
Myanmar compared with similar countries
- Myanmar's 22,697 million USD is above the median for lower middle income countries, which is 5,259 million USD, 4.3× the median. (44 countries reporting)
- Myanmar's 22,697 million USD is above the median for East Asia & Pacific, which is 3,296 million USD, 6.9× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 195.82 million USD | 125.06 million USD | 353.51 million USD | 10 |
| 1980s | 355.61 million USD | 236.92 million USD | 446.63 million USD | 10 |
| 1990s | 690.81 million USD | 388.44 million USD | 1,148 million USD | 10 |
| 2000s | 3,327 million USD | 1,277 million USD | 7,684 million USD | 10 |
| 2010s | 18,623 million USD | 10,170 million USD | 23,346 million USD | 10 |
| 2020s | 21,766 million USD | 21,270 million USD | 22,697 million USD | 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 us$, 2015 prices in Myanmar?
- Gross fixed capital formation — value us$, 2015 prices in Myanmar was 22,697 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Myanmar?
- The highest recorded value was 23,346 million USD in 2017.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Myanmar?
- The lowest recorded value was 125.06 million USD in 1974.
- How does Myanmar rank for gross fixed capital formation — value us$, 2015 prices?
- Myanmar ranks 76th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Myanmar?
- Over the last ten years it is up 22.5%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).