Total debt service in Myanmar
Myanmar: Total debt service was 7.4% in 2024. ◆ Volatile
Total debt service in Myanmar, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, total debt service in Myanmar stood at 7.4%.
That represents a change of up 5.6% on the previous year and up 66.1% over ten years.
Over the whole period, total debt service in Myanmar peaked at 71.6% in 1987 and was at its lowest, 0.6%, in 2001.
That places Myanmar 96th out of 120 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Myanmar, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 22.0% | — |
| 1977 | 20.0% | -9.3% |
| 1978 | 24.5% | +23.0% |
| 1979 | 29.5% | +20.3% |
| 1980 | 27.6% | -6.4% |
| 1981 | 25.8% | -6.7% |
| 1982 | 27.6% | +7.1% |
| 1983 | 38.8% | +40.4% |
| 1984 | 41.8% | +7.9% |
| 1985 | 54.7% | +30.9% |
| 1986 | 67.3% | +22.9% |
| 1987 | 71.6% | +6.5% |
| 1988 | 58.9% | -17.7% |
| 1989 | 67.6% | +14.8% |
| 1990 | 18.8% | -72.2% |
| 1991 | 27.7% | +47.5% |
| 1992 | 8.5% | -69.4% |
| 1993 | 13.3% | +56.4% |
| 1994 | 14.7% | +11.1% |
| 1995 | 20.1% | +36.4% |
| 1996 | 12.6% | -37.4% |
| 1997 | 8.4% | -32.9% |
| 1998 | 5.7% | -31.9% |
| 1999 | 5.5% | -3.8% |
| 2000 | 1.0% | -82.5% |
| 2001 | 0.6% | -34.5% |
| 2002 | 0.7% | +15.2% |
| 2003 | 0.7% | +0.6% |
| 2004 | 0.7% | -0.1% |
| 2005 | 0.6% | -11.8% |
| 2006 | 1.2% | +88.6% |
| 2007 | 1.3% | +8.9% |
| 2008 | 1.4% | +3.3% |
| 2009 | 1.8% | +27.7% |
| 2010 | 3.1% | +75.4% |
| 2011 | 2.5% | -18.8% |
| 2012 | 11.8% | +373.5% |
| 2013 | 19.9% | +67.7% |
| 2014 | 4.4% | -77.6% |
| 2015 | 3.4% | -22.6% |
| 2016 | 5.3% | +53.8% |
| 2017 | 4.4% | -17.7% |
| 2018 | 4.9% | +12.4% |
| 2019 | 3.7% | -24.8% |
| 2020 | 3.9% | +5.9% |
| 2021 | 7.1% | +82.9% |
| 2022 | 7.0% | -1.4% |
| 2023 | 7.0% | -0.5% |
| 2024 | 7.4% | +5.6% |
Myanmar compared with similar countries
- Myanmar's 7.4% is below the median for lower middle income countries, which is 16.6%, 45% of the median. (43 countries reporting)
- Myanmar's 7.4% is below the median for East Asia & Pacific, which is 9.3%, 80% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Total debt service 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 |
|---|---|---|---|
| 2012 | +373.5% | 2.5% | 11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.0% | 20.0% | 29.5% | 4 |
| 1980s | 48.2% | 25.8% | 71.6% | 10 |
| 1990s | 13.5% | 5.5% | 27.7% | 10 |
| 2000s | 1.0% | 0.6% | 1.8% | 10 |
| 2010s | 6.3% | 2.5% | 19.9% | 10 |
| 2020s | 6.5% | 3.9% | 7.4% | 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)
- 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 total debt service in Myanmar?
- Total debt service in Myanmar was 7.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Myanmar?
- The highest recorded value was 71.6% in 1987.
- What is the lowest total debt service recorded in Myanmar?
- The lowest recorded value was 0.6% in 2001.
- How does Myanmar rank for total debt service?
- Myanmar ranks 96th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Myanmar?
- Over the last ten years it is up 66.1%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.