Myanmar Crude Oil Production - Forecast

Crude Oil Production in Myanmar is expected to be 11.00 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 10.00 in 12 months time. In the long-term, the Myanmar Crude Oil Production is projected to trend around 10.00 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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Myanmar Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -310 -393 -271 -510 -413 -170
Exports 1282 1138 1152 980 1184 1450
Imports 1592 1531 1423 1490 1597 1620
Current Account -1818 -2100 -2100 -2300 -2300 -2450
Current Account to GDP -6.5 -5.7 -5.7 -6.2 -6.2 -5.5
Foreign Direct Investment 267 290 340 382 410 450
Tourist Arrivals 316677 293300 298900 301100 299900 299400
Gold Reserves 7.3 7.3 7.3 7.3 7.3 7.3
Crude Oil Production 11 11 11 10 10 10
Terrorism Index 4.96 4.59 4.59 4.37 4.37 4.13