Gross National Income — Value Standard Local Currency, annual growth in Myanmar
Myanmar: Gross National Income — Value Standard Local Currency, annual growth was 7.03 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Myanmar, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Myanmar recorded 7.03 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
The figure is down 40.7% on the previous year and down 45.7% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Myanmar peaked at 63.67 % change on previous year in 1989 and was at its lowest, 1.39 % change on previous year, in 2021.
That places Myanmar 141st out of 231 countries with data for 2023, 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 National Income — Value Standard Local Currency, annual growth in Myanmar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.35 % change on previous year | — |
| 1972 | 6.1 % change on previous year | +159.7% |
| 1973 | 17.47 % change on previous year | +186.4% |
| 1974 | 18.11 % change on previous year | +3.7% |
| 1975 | 21.2 % change on previous year | +17.0% |
| 1976 | 16.9 % change on previous year | -20.3% |
| 1977 | 7.89 % change on previous year | -53.3% |
| 1978 | 7.43 % change on previous year | -5.8% |
| 1979 | 10.98 % change on previous year | +47.7% |
| 1980 | 9.27 % change on previous year | -15.6% |
| 1981 | 11.08 % change on previous year | +19.6% |
| 1982 | 8.79 % change on previous year | -20.7% |
| 1983 | 6.13 % change on previous year | -30.2% |
| 1984 | 7.64 % change on previous year | +24.6% |
| 1985 | 4.39 % change on previous year | -42.6% |
| 1986 | 5.35 % change on previous year | +21.9% |
| 1987 | 16.8 % change on previous year | +214.3% |
| 1988 | 11.45 % change on previous year | -31.9% |
| 1989 | 63.67 % change on previous year | +456.3% |
| 1990 | 22.21 % change on previous year | -65.1% |
| 1991 | 22.71 % change on previous year | +2.3% |
| 1992 | 33.63 % change on previous year | +48.1% |
| 1993 | 44.39 % change on previous year | +32.0% |
| 1994 | 31.26 % change on previous year | -29.6% |
| 1995 | 27.87 % change on previous year | -10.8% |
| 1996 | 31.09 % change on previous year | +11.6% |
| 1997 | 40.11 % change on previous year | +29.0% |
| 1998 | 40.59 % change on previous year | +1.2% |
| 1999 | 36.06 % change on previous year | -11.2% |
| 2000 | 16.54 % change on previous year | -54.1% |
| 2001 | 39.01 % change on previous year | +135.8% |
| 2002 | 58.53 % change on previous year | +50.1% |
| 2003 | 37.18 % change on previous year | -36.5% |
| 2004 | 17.65 % change on previous year | -52.5% |
| 2005 | 35.33 % change on previous year | +100.2% |
| 2006 | 37.16 % change on previous year | +5.2% |
| 2007 | 38.47 % change on previous year | +3.5% |
| 2008 | 25.27 % change on previous year | -34.3% |
| 2009 | 15.94 % change on previous year | -36.9% |
| 2010 | 17.25 % change on previous year | +8.2% |
| 2011 | 16.51 % change on previous year | -4.3% |
| 2012 | 10.55 % change on previous year | -36.1% |
| 2013 | 12.95 % change on previous year | +22.8% |
| 2014 | 12.22 % change on previous year | -5.6% |
| 2015 | 11.4 % change on previous year | -6.7% |
| 2016 | 7.92 % change on previous year | -30.5% |
| 2017 | 11.87 % change on previous year | +49.8% |
| 2018 | 12.93 % change on previous year | +8.9% |
| 2019 | 10.15 % change on previous year | -21.5% |
| 2020 | 1.45 % change on previous year | -85.7% |
| 2021 | 1.39 % change on previous year | -4.0% |
| 2022 | 11.87 % change on previous year | +753.2% |
| 2023 | 7.03 % change on previous year | -40.7% |
Myanmar compared with similar countries
- Myanmar's 7.03 % change on previous year is below the median for lower middle income countries, which is 10 % change on previous year, 70% of the median. (44 countries reporting)
- Myanmar's 7.03 % change on previous year is above the median for East Asia & Pacific, which is 7.02 % change on previous year, 1.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2022 | +753.2% | 1.39 % change on previous year | 11.87 % change on previous year |
| 1989 | +456.3% | 11.45 % change on previous year | 63.67 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.05 % change on previous year | 2.35 % change on previous year | 21.2 % change on previous year | 9 |
| 1980s | 14.46 % change on previous year | 4.39 % change on previous year | 63.67 % change on previous year | 10 |
| 1990s | 32.99 % change on previous year | 22.21 % change on previous year | 44.39 % change on previous year | 10 |
| 2000s | 32.11 % change on previous year | 15.94 % change on previous year | 58.53 % change on previous year | 10 |
| 2010s | 12.38 % change on previous year | 7.92 % change on previous year | 17.25 % change on previous year | 10 |
| 2020s | 5.44 % change on previous year | 1.39 % change on previous year | 11.87 % change on previous year | 4 |
Countries ranked near Myanmar
- 138 Dominica 7.1 % change on previous year compare
- 139 Vietnam 7.05 % change on previous year compare
- 139 Viet Nam 7.05 % change on previous year compare
- 142 French Polynesia 7 % change on previous year compare
- 143 Paraguay 6.88 % change on previous year compare
- 144 Indonesia 6.85 % 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 national income — value standard local currency, annual growth in Myanmar?
- Gross national income — value standard local currency, annual growth in Myanmar was 7.03 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Myanmar?
- The highest recorded value was 63.67 % change on previous year in 1989.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Myanmar?
- The lowest recorded value was 1.39 % change on previous year in 2021.
- How does Myanmar rank for gross national income — value standard local currency, annual growth?
- Myanmar ranks 141st out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Myanmar?
- Over the last ten years it is down 45.7%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.