Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1462.00 1471 1479 1487 1495 1512
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.80 6.3 6.3 6.3 6.3 6
Unemployment Rate (%) 1.60 4 4 4 4 3
Inflation Rate (%) 8.72 7.1 7 6.8 6.9 6.5
Interest Rate (%) 10.00 9 9 9 9 8
Balance of Trade (USD Million) -38.20 10 210 250 -170 30
Current Account (USD Million) -3592.00 -3600 -3600 -3600 -3600 -3800
Current Account to GDP (%) -2.00 -5.1 -5.1 -5.1 -5.1 -4.5
Government Debt to GDP (%) 49.41 36 36 36 36 35
Government Budget (% of GDP) -2.50 -3.8 -3.8 -3.8 -3.8 -4.2
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.80 6.3 6.3 6.3 6.3 6
GDP (USD Billion) 71.21 80.3 80.3 80.3 80.3 85.2
GDP per capita (USD) 1571.90 1723 1723 1723 1723 1798
GDP per capita PPP (USD) 5922.00 6413 6413 6413 6413 6413
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 1.60 4 4 4 4 3
Minimum Wages (MMK/day) 4800.00 5100 5100 5100 5100 5100
Population (Million) 53.71 54.39 54.39 54.39 54.39 54.73
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 8.72 7.1 7 6.8 6.9 6.5
Inflation Rate Mom (%) 0.46 0.5 0.4 0.2 0.3 0.3
Consumer Price Index Cpi (points) 160.58 161 165 171 172 183
Cpi Housing Utilities (points) 198.01 165 167 211 212 225
Cpi Transportation (points) 115.99 120 121 123 124 132
Food Inflation (%) 7.96 6.5 6.5 5.4 5.3 5.3
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 10.00 9 9 9 9 8
Deposit Interest Rate (%) 8.00 7 7 7 7 6
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -38.20 10 210 250 -170 30
Current Account (USD Million) -3592.00 -3600 -3600 -3600 -3600 -3800
Current Account to GDP (%) -2.00 -5.1 -5.1 -5.1 -5.1 -4.5
Imports (USD Million) 1392.80 1450 1550 1600 1620 1620
Exports (USD Million) 1354.60 1460 1760 1850 1450 1650
Foreign Direct Investment (USD Million) 447.59 474 280 500 450 450
Tourist Arrivals 367733.00 345300 345300 295000 400300 450900
Gold Reserves (Tonnes) 7.27 7.29 7.29 7.29 7.29 7.29
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 49.41 36 36 36 36 35
Government Budget (% of GDP) -2.50 -3.8 -3.8 -3.8 -3.8 -4.2
Military Expenditure (USD Million) 3155.00 2000 2000 2000 2000 2000
Taxes Actual Q1 Q2 Q3 Q4 2020
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 5.00 6 6 6 6 6
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Business Actual Q1 Q2 Q3 Q4 2020
Manufacturing Pmi (points) 52.00 52.5 52.9 53 52 52.4


This page has economic forecasts for Myanmar including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Myanmar economy.