Volume of remittances (in United States dollars) as a proportion of in Myanmar
Myanmar: Volume of remittances (in United States dollars) as a proportion of was 3.4% in 2019. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Myanmar, 2000–2019
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2019, volume of remittances (in united states dollars) as a proportion of in Myanmar stood at 3.4%.
Compared with earlier readings it is down 13.7% on the previous year and up 2,204.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Myanmar peaked at 3.9% in 2018 and was at its lowest, 0.1%, in 2009.
Myanmar ranks 84th of 203 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.
Volume of remittances (in United States dollars) as a proportion of in Myanmar, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.1% | — |
| 2001 | 1.8% | +56.3% |
| 2002 | 1.6% | -13.3% |
| 2003 | 0.8% | -48.1% |
| 2004 | 1.1% | +36.8% |
| 2005 | 1.1% | -2.1% |
| 2006 | 0.8% | -26.5% |
| 2007 | 0.4% | -49.5% |
| 2008 | 0.2% | -57.2% |
| 2009 | 0.1% | -14.1% |
| 2010 | 0.2% | +57.1% |
| 2011 | 0.2% | -8.6% |
| 2012 | 0.5% | +116.3% |
| 2013 | 2.7% | +495.3% |
| 2014 | 2.8% | +1.1% |
| 2015 | 3.2% | +17.6% |
| 2016 | 3.6% | +9.8% |
| 2017 | 3.7% | +4.3% |
| 2018 | 3.9% | +6.1% |
| 2019 | 3.4% | -13.7% |
Myanmar compared with similar countries
- Myanmar's 3.4% is below the median for lower middle income countries, which is 6.1%, 56% of the median. (43 countries reporting)
- Myanmar's 3.4% is below the median for East Asia & Pacific, which is 3.8%, 90% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2013 | +495.3% | 0.5% | 2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | 0.1% | 1.8% | 10 |
| 2010s | 2.4% | 0.2% | 3.9% | 10 |
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 volume of remittances (in united states dollars) as a proportion of in Myanmar?
- Volume of remittances (in united states dollars) as a proportion of in Myanmar was 3.4% in 2019, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Myanmar?
- The highest recorded value was 3.9% in 2018.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Myanmar?
- The lowest recorded value was 0.1% in 2009.
- How does Myanmar rank for volume of remittances (in united states dollars) as a proportion of?
- Myanmar ranks 84th out of 203 countries with data for 2019.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Myanmar?
- Over the last ten years it is up 2,204.4%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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