GDP Actual Q1 Q2 Q3 Q4 2023
GDP Annual Growth Rate (%) -10.00 6 6 6 6 6
GDP (USD Billion) 76.19 75.8 75.8 75.8 76.3 76.3
GDP per capita (USD) 1218.35 1710 1710 1710 1710 1710
GDP per capita PPP (USD) 4544.02 5300 5300 5300 5300 5300

Labour Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2023
Inflation Rate (%) 6.51 7 7 7 7 6.2
Food Inflation (%) 6.10 5.5 5.5 5.5 5.5 5.5
CPI Housing Utilities (points) 208.51 218 223 223 223 237
CPI Transportation (points) 127.39 128 129 130 132 133
Consumer Price Index CPI (points) 171.63 176 182 184 184 195
Inflation Rate Mom (%) 0.88 0.8 0.8 0.8 0.8 0.8

Money Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2023
Balance of Trade (USD Million) 80.30 -170 100 100 100 30
Current Account (USD Million) 285.20 -3600 -3600 -3600 -3200 -3200
Current Account to GDP (% of GDP) -4.00 -2 -2 -2 -2 -2.4
Exports (USD Million) 1203.20 1650 1650 1650 1650 1650
Imports (USD Million) 1122.90 1550 1550 1550 1550 1620
Foreign Direct Investment (USD Million) 584.02 450 450 450 450 450
Tourist Arrivals 13942.00 250000 250000 250000 350000 350000
Gold Reserves (Tonnes) 7.27 7.3 7.3 7.3 7.3 7.3

Government Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2023
Manufacturing PMI (points) 49.00 50 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 Saturday, January 29, 2022.