Service imports in Myanmar
Myanmar: Service imports was 3.66 billion BoP, current US$ in 2019. ◆ Volatile
Latest (2019)
3.66 billion BoP, current US$
Change on year
up 6.0%
World rank
102nd
of 200 countries
All-time high
3.66 billion BoP, current US$
in 2019
All-time low
23.03 million BoP, current US$
in 1976
Years of data
44
1976–2019
Service imports in Myanmar, 1976–2019
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Myanmar recorded 3.66 billion BoP, current US$ for service imports in 2019. That is the highest value across all 44 years on record.
That represents a change of up 6.0% on the previous year and up 493.8% over ten years.
Over the whole period, service imports in Myanmar peaked at 3.66 billion BoP, current US$ in 2019 and was at its lowest, 23.03 million BoP, current US$, in 1976.
Myanmar ranks 102nd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Myanmar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 23.03 million BoP, current US$ | — |
| 1977 | 31.47 million BoP, current US$ | +36.6% |
| 1978 | 27.38 million BoP, current US$ | -13.0% |
| 1979 | 59.60 million BoP, current US$ | +117.7% |
| 1980 | 74.02 million BoP, current US$ | +24.2% |
| 1981 | 92.34 million BoP, current US$ | +24.8% |
| 1982 | 106.69 million BoP, current US$ | +15.5% |
| 1983 | 75.77 million BoP, current US$ | -29.0% |
| 1984 | 71.32 million BoP, current US$ | -5.9% |
| 1985 | 81.78 million BoP, current US$ | +14.7% |
| 1986 | 56.79 million BoP, current US$ | -30.6% |
| 1987 | 46.78 million BoP, current US$ | -17.6% |
| 1988 | 34.47 million BoP, current US$ | -26.3% |
| 1989 | 44.26 million BoP, current US$ | +28.4% |
| 1990 | 72.34 million BoP, current US$ | +63.5% |
| 1991 | 54.35 million BoP, current US$ | -24.9% |
| 1992 | 42.42 million BoP, current US$ | -22.0% |
| 1993 | 130.22 million BoP, current US$ | +207.0% |
| 1994 | 128.91 million BoP, current US$ | -1.0% |
| 1995 | 243.79 million BoP, current US$ | +89.1% |
| 1996 | 301.95 million BoP, current US$ | +23.9% |
| 1997 | 443.36 million BoP, current US$ | +46.8% |
| 1998 | 364.80 million BoP, current US$ | -17.7% |
| 1999 | 288.23 million BoP, current US$ | -21.0% |
| 2000 | 323.67 million BoP, current US$ | +12.3% |
| 2001 | 357.73 million BoP, current US$ | +10.5% |
| 2002 | 306.28 million BoP, current US$ | -14.4% |
| 2003 | 415.70 million BoP, current US$ | +35.7% |
| 2004 | 454.87 million BoP, current US$ | +9.4% |
| 2005 | 497.09 million BoP, current US$ | +9.3% |
| 2006 | 557.15 million BoP, current US$ | +12.1% |
| 2007 | 653.11 million BoP, current US$ | +17.2% |
| 2008 | 617.24 million BoP, current US$ | -5.5% |
| 2009 | 617.23 million BoP, current US$ | -0.0% |
| 2010 | 789.02 million BoP, current US$ | +27.8% |
| 2011 | 1.09 billion BoP, current US$ | +38.2% |
| 2012 | 1.46 billion BoP, current US$ | +33.9% |
| 2013 | 2.19 billion BoP, current US$ | +49.9% |
| 2014 | 2.20 billion BoP, current US$ | +0.4% |
| 2015 | 2.39 billion BoP, current US$ | +8.9% |
| 2016 | 2.51 billion BoP, current US$ | +5.0% |
| 2017 | 2.88 billion BoP, current US$ | +14.8% |
| 2018 | 3.46 billion BoP, current US$ | +20.0% |
| 2019 | 3.66 billion BoP, current US$ | +6.0% |
Myanmar compared with similar countries
- Myanmar's 3.66 billion BoP, current US$ is above the median for lower middle income countries, which is 2.40 billion BoP, current US$, 1.5× the median. (47 countries reporting)
- Myanmar's 3.66 billion BoP, current US$ is above the median for East Asia & Pacific, which is 2.40 billion BoP, current US$, 1.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service imports in Myanmar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +207.0% | 42.42 million BoP, current US$ | 130.22 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.37 million BoP, current US$ | 23.03 million BoP, current US$ | 59.60 million BoP, current US$ | 4 |
| 1980s | 68.42 million BoP, current US$ | 34.47 million BoP, current US$ | 106.69 million BoP, current US$ | 10 |
| 1990s | 207.04 million BoP, current US$ | 42.42 million BoP, current US$ | 443.36 million BoP, current US$ | 10 |
| 2000s | 480.01 million BoP, current US$ | 306.28 million BoP, current US$ | 653.11 million BoP, current US$ | 10 |
| 2010s | 2.26 billion BoP, current US$ | 789.02 million BoP, current US$ | 3.66 billion BoP, current US$ | 10 |
Countries ranked near Myanmar
- 99 El Salvador 3.94 billion BoP, current US$ compare
- 100 Tunisia 3.92 billion BoP, current US$ compare
- 101 Georgia 3.85 billion BoP, current US$ compare
- 103 Suriname 3.59 billion BoP, current US$ compare
- 104 Syria 3.53 billion BoP, current US$ compare
- 105 Sri Lanka 3.48 billion BoP, current US$ 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$), annual growth rate 14.13 % change on previous year (2023)
Frequently asked questions
- What is service imports in Myanmar?
- Service imports in Myanmar was 3.66 billion BoP, current US$ in 2019, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Myanmar?
- The highest recorded value was 3.66 billion BoP, current US$ in 2019.
- What is the lowest service imports recorded in Myanmar?
- The lowest recorded value was 23.03 million BoP, current US$ in 1976.
- How does Myanmar rank for service imports?
- Myanmar ranks 102nd out of 200 countries with data for 2019.
- Is service imports rising or falling in Myanmar?
- Over the last ten years it is up 493.8%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.