Markets Actual Q3 Q4 Q1 Q2 2023
Currency 2093.70 2154 2216 2280 2346 2484

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) -18.00 2 2 3 3 3
Unemployment Rate (%) 1.79 1.8 1.8 1.8 1.8 2
Inflation Rate (%) 17.78 11.5 10 8 8 6.2
Interest Rate (%) 7.00 7 7 7 7 7
Balance of Trade (USD Million) 25.70 100 100 100 100 30
Current Account (USD Million) 285.20 -3600 -3200 -3200 -3200 -3200
Current Account to GDP (% of GDP) -4.00 -2 -2 -2 -2 -2.4
Government Debt to GDP (% of GDP) 42.40 60 60 60 60 60
Government Budget (% of GDP) -5.60 -6 -6 -6 -6 -5.5
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) -18.00 2 2 3 3 3
GDP (USD Billion) 65.07 75.8 76.3 76.3 76.3 76.3
GDP per capita (USD) 1292.09 1710 1710 1710 1710 1710
GDP per capita PPP (USD) 3955.00 5300 5300 5300 5300 5300

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 1.79 1.8 1.8 1.8 1.8 2
Minimum Wages (MMK/day) 4800.00 4800 4800 4800 4800 4800
Population (Million) 54.53 55.07 55.07 55.07 55.07 55.37

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 17.78 11.5 10 8 8 6.2
Consumer Price Index CPI (points) 196.01 195 202 208 212 214
Inflation Rate Mom (%) 1.71 0.8 0.8 0.8 0.8 0.8
Food Inflation (%) 15.40 5.5 5.5 5.5 5.5 5.5
CPI Housing Utilities (points) 230.61 235 235 245 245 249
CPI Transportation (points) 178.48 180 181 183 184 186

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 7.00 7 7 7 7 7
Deposit Interest Rate (%) 5.83 6 5.83 5.83 5.83 5.83

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) 25.70 100 100 100 100 30
Current Account (USD Million) 285.20 -3600 -3200 -3200 -3200 -3200
Current Account to GDP (% of GDP) -4.00 -2 -2 -2 -2 -2.4
Exports (USD Million) 1216.90 1650 1650 1650 1650 1650
Imports (USD Million) 191.20 1550 1550 1550 1550 1620
Foreign Direct Investment (USD Million) 284.12 450 450 450 450 450
Tourist Arrivals 10310.00 250000 350000 350000 350000 350000
Gold Reserves (Tonnes) 7.27 7.3 7.3 7.3 7.3 7.3

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 42.40 60 60 60 60 60
Government Budget (% of GDP) -5.60 -6 -6 -6 -6 -5.5
Military Expenditure (USD Million) 3141.00 3100 3100 3100 3100 3100

Taxes Actual Q3 Q4 Q1 Q2 2023
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 Q3 Q4 Q1 Q2 2023
Manufacturing PMI (points) 46.50 49.2 52 52 52 52


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Myanmar Forecast - was last updated on Tuesday, August 16, 2022.