Myanmar Crude Oil Production - Forecast

Crude Oil Production in Myanmar is expected to be 11.29 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Myanmar to stand at 12.08 in 12 months time. In the long-term, the Myanmar Crude Oil Production is projected to trend around 12.20 BBL/D/1K in 2020, according to our econometric models.


Myanmar Crude Oil Production
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Myanmar Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 266 -254 -254 -254 -254 -254
Exports 1757 863 863 863 863 863
Imports 1491 1116 1116 1116 1116 1116
Current Account -1818 -2046 -2162 -2278 -2368 -2607
Current Account to GDP -6.5 -5.7 -5.7 -5.7 -5.1 -4.7
Foreign Direct Investment 441 656 656 656 656 656
Tourist Arrivals 242916 285300 285300 285300 285300 285300
Gold Reserves 7.3 7.29 7.3 7.29 7.3 7.3
Crude Oil Production 11 11.29 11.73 11.97 12.08 12.2
Terrorism Index 4.96 4.36 4.44 4.51 4.49 4.52