Short-term debt in Myanmar
Myanmar: Short-term debt was 0.5% in 2023. ◆ Volatile
Short-term debt in Myanmar, 1973–2023
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2023, short-term debt in Myanmar stood at 0.5%.
Compared with earlier readings it is up 22.9% on the previous year and up 34.2% over ten years.
Over the whole period, short-term debt in Myanmar peaked at 183.7% in 2000 and was at its lowest, 0.0%, in 1973.
That places Myanmar 104th out of 111 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Myanmar, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | +113.7% |
| 1978 | 0.1% | +44.8% |
| 1979 | 0.0% | -38.7% |
| 1980 | 0.0% | +2.5% |
| 1981 | 0.1% | +50.0% |
| 1982 | 0.1% | +75.9% |
| 1983 | 0.1% | +16.8% |
| 1984 | 0.2% | +31.5% |
| 1985 | 0.2% | +20.2% |
| 1986 | 0.2% | -11.6% |
| 1987 | 22.3% | +12781.4% |
| 1988 | 52.7% | +136.4% |
| 1989 | 32.2% | -38.9% |
| 1990 | 53.0% | +64.6% |
| 1991 | 76.3% | +44.1% |
| 1992 | 89.6% | +17.4% |
| 1993 | 83.2% | -7.1% |
| 1994 | 66.2% | -20.4% |
| 1995 | 55.6% | -16.0% |
| 1996 | 124.5% | +123.9% |
| 1997 | 125.7% | +1.0% |
| 1998 | 126.4% | +0.5% |
| 1999 | 159.2% | +26.0% |
| 2000 | 183.7% | +15.4% |
| 2001 | 110.6% | -39.8% |
| 2002 | 117.2% | +6.0% |
| 2003 | 119.9% | +2.3% |
| 2004 | 109.6% | -8.5% |
| 2005 | 88.6% | -19.2% |
| 2006 | 61.0% | -31.1% |
| 2007 | 28.2% | -53.8% |
| 2008 | 27.0% | -4.2% |
| 2009 | 19.7% | -26.8% |
| 2010 | 19.5% | -1.2% |
| 2011 | 16.6% | -14.8% |
| 2012 | 13.4% | -19.4% |
| 2013 | 0.4% | -97.3% |
| 2014 | 2.0% | +458.9% |
| 2015 | 2.2% | +8.4% |
| 2016 | 1.9% | -13.5% |
| 2017 | 1.9% | -0.4% |
| 2018 | 1.9% | -0.1% |
| 2019 | 1.1% | -39.0% |
| 2020 | 0.9% | -21.7% |
| 2021 | 0.4% | -60.5% |
| 2022 | 0.4% | +10.9% |
| 2023 | 0.5% | +22.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 7 |
| 1980s | 10.8% | 0.0% | 52.7% | 10 |
| 1990s | 96.0% | 53.0% | 159.2% | 10 |
| 2000s | 86.5% | 19.7% | 183.7% | 10 |
| 2010s | 6.1% | 0.4% | 19.5% | 10 |
| 2020s | 0.5% | 0.4% | 0.9% | 4 |
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)
- Services, value added (constant LCU), per capita 568,218 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 12.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.26 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,489 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.26 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2,100 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.13 million current LCU per person (2025)
Frequently asked questions
- What is short-term debt in Myanmar?
- Short-term debt in Myanmar was 0.5% in 2023, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Myanmar?
- The highest recorded value was 183.7% in 2000.
- What is the lowest short-term debt recorded in Myanmar?
- The lowest recorded value was 0.0% in 1973.
- How does Myanmar rank for short-term debt?
- Myanmar ranks 104th out of 111 countries with data for 2023.
- Is short-term debt rising or falling in Myanmar?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.