Machinery and transport equipment in Myanmar
Myanmar: Machinery and transport equipment was 0.1% in 2022. ◆ Volatile
Machinery and transport equipment in Myanmar, 2014–2022
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2022, machinery and transport equipment in Myanmar stood at 0.1%.
Compared with earlier readings it is down 54.8% on the previous year and down 99.5% over ten years.
Over the whole period, machinery and transport equipment in Myanmar peaked at 12.5% in 2014 and was at its lowest, 0.0%, in 2020.
That places Myanmar 142nd out of 149 countries with data for 2022, putting it in the bottom quarter.
Machinery and transport equipment in Myanmar, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 2014 | 12.5% | — |
| 2015 | 10.6% | -14.7% |
| 2016 | 0.9% | -91.2% |
| 2017 | 0.2% | -76.9% |
| 2018 | 0.2% | -28.5% |
| 2019 | 0.2% | +3.6% |
| 2020 | 0.0% | -71.4% |
| 2021 | 0.1% | +196.8% |
| 2022 | 0.1% | -54.8% |
Myanmar compared with similar countries
- Myanmar's 0.1% is below the median for lower middle income countries, which is 4.0%, 2% of the median. (30 countries reporting)
- Myanmar's 0.1% is below the median for East Asia & Pacific, which is 22.0%, 0% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.1% | 0.2% | 12.5% | 6 |
| 2020s | 0.1% | 0.0% | 0.1% | 3 |
Countries ranked near Myanmar
- 139 Malawi 0.3% compare
- 140 Trinidad and Tobago 0.3%
- 141 Yemen 0.3%
- 143 Cameroon 0.0%
- 144 Benin 0.0%
- 144 Burundi 0.0%
- 144 Gabon 0.0%
- 144 Libya 0.0%
- 144 Puerto Rico 0.0% compare
- 144 Saint Lucia 0.0%
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 machinery and transport equipment in Myanmar?
- Machinery and transport equipment in Myanmar was 0.1% in 2022, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Myanmar?
- The highest recorded value was 12.5% in 2014.
- What is the lowest machinery and transport equipment recorded in Myanmar?
- The lowest recorded value was 0.0% in 2020.
- How does Myanmar rank for machinery and transport equipment?
- Myanmar ranks 142nd out of 149 countries with data for 2022.
- Is machinery and transport equipment rising or falling in Myanmar?
- Over the last ten years it is down 99.5%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).