Markets Actual Q4 Q1 Q2 Q3 2021
Currency 1289.00 1294 1301 1308 1315 1328

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 6.80 1.5 6.5 6.5 6.5 6.5
Unemployment Rate (%) 1.60 2 1.8 1.8 1.8 1.8
Inflation Rate (%) 0.00 0.5 1.5 3.5 4.5 5.5
Interest Rate (%) 7.00 7 7 7 7 7
Balance of Trade (USD Million) -431.30 -170 -100 -120 -90 -170
Current Account (USD Million) -3592.00 -5500 -5500 -3600 -3600 -3600
Current Account to GDP (%) -2.00 -5 -4.5 -4.5 -4.5 -4.5
Government Debt to GDP (%) 49.41 52 55 55 55 55
Government Budget (% of GDP) -3.50 -3.8 -5.2 -5.2 -5.2 -5.2
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 6.80 1.5 6.5 6.5 6.5 6.5
GDP (USD Billion) 76.09 75.5 75.8 75.8 75.8 75.8
GDP per capita (USD) 1608.50 1580 1630 1630 1630 1630
GDP per capita PPP (USD) 5142.20 5000 5200 5200 5200 5200

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 1.60 2 1.8 1.8 1.8 1.8
Minimum Wages (MMK/day) 4800.00 4800 4800 4800 4800 4800
Population (Million) 54.10 54.39 54.73 54.73 54.73 54.73

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 0.00 0.5 1.5 3.5 4.5 5.5
Food Inflation (%) 0.00 4.5 5.5 6.5 3 6
Cpi Housing Utilities (points) 193.57 167 200 203 207 174
Cpi Transportation (points) 113.13 122 118 108 111 127
Consumer Price Index CPI (points) 159.12 163 163 162 167 170
Inflation Rate Mom (%) -1.25 0.2 0.2 0.3 0.3 0.3

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 7.00 7 7 7 7 7
Deposit Interest Rate (%) 8.00 7 8 8 8 6

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) -431.30 -170 -100 -120 -90 -170
Current Account (USD Million) -3592.00 -5500 -5500 -3600 -3600 -3600
Current Account to GDP (%) -2.00 -5 -4.5 -4.5 -4.5 -4.5
Imports (USD Million) 1947.30 1550 1550 1460 1550 1620
Exports (USD Million) 1516.00 1450 1500 1370 1400 1650
Foreign Direct Investment (USD Million) 734.89 350 400 300 450 450
Tourist Arrivals 408182.00 100000 160000 180000 200000 250000
Crude Oil Production (BBL/D/1K) 10.00 10 10 10 10 10
Gold Reserves (Tonnes) 7.30 7.3 7.3 7.3 7.3 7.3

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 49.41 52 55 55 55 55
Government Budget (% of GDP) -3.50 -3.8 -5.2 -5.2 -5.2 -5.2
Military Expenditure (USD Million) 3155.00 3000 3100 3100 3100 3100

Taxes Actual Q4 Q1 Q2 Q3 2021
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 5.00 5 5 5 5 5
Corporate Tax Rate (%) 25.00 25 25 25 25 25

Business Actual Q4 Q1 Q2 Q3 2021
Manufacturing Pmi (points) 35.90 50 51 51 53 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.