Markets Actual Q1 Q2 Q3 Q4 2022
Currency 1327.00 1334 1341 1348 1355 1370

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 2.90 6.5 6.5 6.5 6.5 6.5
Unemployment Rate (%) 1.60 1.8 1.8 1.8 1.8 1.6
Inflation Rate (%) 0.97 1.5 3.5 4.5 5.5 5.5
Interest Rate (%) 7.00 7 7 7 7 7
Balance of Trade (USD Million) 157.10 -100 -50 -90 -170 30
Current Account (USD Million) 285.20 -5500 -5500 -3600 -3600 -3200
Current Account to GDP (%) -2.00 -4.5 -4.5 -4.5 -4.5 -4.5
Government Debt to GDP (%) 49.41 55 55 55 55 60
Government Budget (% of GDP) -3.50 -5.2 -5.2 -5.2 -5.2 -4.5
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 2.90 6.5 6.5 6.5 6.5 6.5
GDP (USD Billion) 76.09 75.8 75.8 75.8 75.8 76.3
GDP per capita (USD) 1608.50 1630 1630 1630 1630 1710
GDP per capita PPP (USD) 5142.20 5200 5200 5200 5200 5300

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 1.60 1.8 1.8 1.8 1.8 1.6
Minimum Wages (MMK/day) 4800.00 4800 4800 4800 4800 4800
Population (Million) 54.10 54.73 54.73 54.73 54.73 55.07

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 0.97 1.5 3.5 4.5 5.5 5.5
Food Inflation (%) 0.00 5.5 6.5 3 6 5.5
Cpi Housing Utilities (points) 201.57 167 200 203 174 174
Cpi Transportation (points) 107.43 122 118 108 127 127
Consumer Price Index CPI (points) 162.82 163 163 162 170 170
Inflation Rate Mom (%) -0.11 0.2 0.2 0.3 0.3 0.3

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 7.00 7 7 7 7 7
Deposit Interest Rate (%) 8.00 7 8 8 6 6

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) 157.10 -100 -50 -90 -170 30
Current Account (USD Million) 285.20 -5500 -5500 -3600 -3600 -3200
Current Account to GDP (%) -2.00 -4.5 -4.5 -4.5 -4.5 -4.5
Imports (USD Million) 1409.40 1550 1460 1550 1550 1620
Exports (USD Million) 1566.50 1500 1370 1400 1650 1650
Foreign Direct Investment (USD Million) 82.08 400 300 450 450 450
Tourist Arrivals 9763.00 160000 180000 200000 250000 350000
Crude Oil Production (BBL/D/1K) 10.00 10 10 10 10 10
Gold Reserves (Tonnes) 7.27 7.3 7.3 7.3 7.3 7.3

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 49.41 55 55 55 55 60
Government Budget (% of GDP) -3.50 -5.2 -5.2 -5.2 -5.2 -4.5
Military Expenditure (USD Million) 3155.00 3100 3100 3100 3100 3100

Taxes Actual Q1 Q2 Q3 Q4 2022
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 Q1 Q2 Q3 Q4 2022
Manufacturing PMI (points) 44.70 48 48 53 52 52


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.