Value Added Deflator (Manufacturing) — Value Standard Local Currency in Myanmar
Myanmar: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 9.61 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Myanmar, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Myanmar is 9.61 % change on previous year, measured in 2023.
That represents a change of up 21.1% on the previous year and up 298.3% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Myanmar peaked at 68.53 % change on previous year in 1989 and was at its lowest, -4.64 % change on previous year, in 2018.
Myanmar ranks 53rd of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Myanmar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -0.6327 % change on previous year | — |
| 1972 | -1.52 % change on previous year | +140.9% |
| 1973 | 9.93 % change on previous year | -751.7% |
| 1974 | 14.19 % change on previous year | +42.9% |
| 1975 | 24.65 % change on previous year | +73.6% |
| 1976 | 17.83 % change on previous year | -27.7% |
| 1977 | 9.04 % change on previous year | -49.3% |
| 1978 | 0.2546 % change on previous year | -97.2% |
| 1979 | 2.65 % change on previous year | +941.7% |
| 1980 | 2.48 % change on previous year | -6.3% |
| 1981 | 1.83 % change on previous year | -26.2% |
| 1982 | 3.02 % change on previous year | +64.9% |
| 1983 | 5.4 % change on previous year | +78.4% |
| 1984 | 1.67 % change on previous year | -69.0% |
| 1985 | 2.33 % change on previous year | +39.2% |
| 1986 | 6.38 % change on previous year | +174.0% |
| 1987 | 3.01 % change on previous year | -52.8% |
| 1988 | 27.56 % change on previous year | +814.4% |
| 1989 | 68.53 % change on previous year | +148.7% |
| 1990 | 10.06 % change on previous year | -85.3% |
| 1991 | 15.09 % change on previous year | +49.9% |
| 1992 | 19.38 % change on previous year | +28.4% |
| 1993 | 30.24 % change on previous year | +56.0% |
| 1994 | 10.5 % change on previous year | -65.3% |
| 1995 | 31.02 % change on previous year | +195.3% |
| 1996 | 30.13 % change on previous year | -2.9% |
| 1997 | 32.51 % change on previous year | +7.9% |
| 1998 | 34.12 % change on previous year | +5.0% |
| 1999 | 10.9 % change on previous year | -68.1% |
| 2000 | 3.84 % change on previous year | -64.7% |
| 2001 | 24.66 % change on previous year | +541.6% |
| 2002 | 44.39 % change on previous year | +80.0% |
| 2003 | 20.02 % change on previous year | -54.9% |
| 2004 | 11.54 % change on previous year | -42.4% |
| 2005 | 22.66 % change on previous year | +96.4% |
| 2006 | 22.82 % change on previous year | +0.7% |
| 2007 | 21.6 % change on previous year | -5.4% |
| 2008 | 19.69 % change on previous year | -8.8% |
| 2009 | 4.84 % change on previous year | -75.4% |
| 2010 | 7.02 % change on previous year | +45.1% |
| 2011 | 4.32 % change on previous year | -38.5% |
| 2012 | 4.11 % change on previous year | -4.8% |
| 2013 | 2.41 % change on previous year | -41.3% |
| 2014 | 2.85 % change on previous year | +18.3% |
| 2015 | 5.84 % change on previous year | +104.9% |
| 2016 | 9.98 % change on previous year | +70.8% |
| 2017 | 7.58 % change on previous year | -24.0% |
| 2018 | -4.64 % change on previous year | -161.2% |
| 2019 | 5.53 % change on previous year | -219.0% |
| 2020 | 4.97 % change on previous year | -10.1% |
| 2021 | 12.97 % change on previous year | +160.9% |
| 2022 | 7.93 % change on previous year | -38.9% |
| 2023 | 9.61 % change on previous year | +21.1% |
Myanmar compared with similar countries
- Myanmar's 9.61 % change on previous year is above the median for lower middle income countries, which is 5.62 % change on previous year, 1.7× the median. (41 countries reporting)
- Myanmar's 9.61 % change on previous year is above the median for East Asia & Pacific, which is 6.97 % change on previous year, 1.4× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 1979 | +941.7% | 0.2546 % change on previous year | 2.65 % change on previous year |
| 1988 | +814.4% | 3.01 % change on previous year | 27.56 % change on previous year |
| 1973 | +751.7% | -1.52 % change on previous year | 9.93 % change on previous year |
| 2001 | +541.6% | 3.84 % change on previous year | 24.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.49 % change on previous year | -1.52 % change on previous year | 24.65 % change on previous year | 9 |
| 1980s | 12.22 % change on previous year | 1.67 % change on previous year | 68.53 % change on previous year | 10 |
| 1990s | 22.4 % change on previous year | 10.06 % change on previous year | 34.12 % change on previous year | 10 |
| 2000s | 19.61 % change on previous year | 3.84 % change on previous year | 44.39 % change on previous year | 10 |
| 2010s | 4.5 % change on previous year | -4.64 % change on previous year | 9.98 % change on previous year | 10 |
| 2020s | 8.87 % change on previous year | 4.97 % change on previous year | 12.97 % change on previous year | 4 |
Countries ranked near Myanmar
- 50 Honduras 10.09 % change on previous year compare
- 51 Russian Federation 10.07 % change on previous year compare
- 52 Tonga 9.88 % change on previous year compare
- 54 Japan 9.14 % change on previous year compare
- 55 United Kingdom of Great Britain and Northern Ireland 9.13 % change on previous year compare
- 56 Slovenia 9.03 % 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 value added deflator (manufacturing) — value standard local currency in Myanmar?
- Value added deflator (manufacturing) — value standard local currency in Myanmar was 9.61 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Myanmar?
- The highest recorded value was 68.53 % change on previous year in 1989.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Myanmar?
- The lowest recorded value was -4.64 % change on previous year in 2018.
- How does Myanmar rank for value added deflator (manufacturing) — value standard local currency?
- Myanmar ranks 53rd out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Myanmar?
- Over the last ten years it is up 298.3%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.