Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1545.50 1558 1571 1584 1597 1624
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.90 6.4 6.4 6.4 6.4 6.8
Unemployment Rate (%) 0.80 0.8 0.8 0.8 0.8 0.8
Inflation Rate (%) 6.84 6 5.8 6.3 5.9 4.2
Balance of Trade (USD Million) -13.36 -510 -413 -325 -150 -170
Current Account (USD Million) -5738.00 -2300 -2300 -2300 -2300 -2450
Current Account to GDP (%) -8.60 -6.2 -6.2 -6.2 -6.2 -5.5
Government Debt to GDP (%) 33.64 38.3 38.3 38.3 38.3 36
Government Budget (% of GDP) -4.40 -4.9 -4.9 -4.9 -4.9 -5.2
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.90 6.4 6.4 6.4 6.4 6.8
GDP (USD Billion) 69.32 79.4 79.4 79.4 79.4 80
GDP per capita (USD) 1484.20 1700 1700 1700 1700 1754
GDP per capita PPP (USD) 5591.60 6066 6066 6066 6066 6413
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 0.80 0.8 0.8 0.8 0.8 0.8
Minimum Wages (MMK/day) 4800.00 4800 4800 4800 4800 5100
Population (Million) 53.37 54.3 54.3 54.3 54.3 54.9
Labor Force Participation Rate (%) 64.71 67 67 67 67 64
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 6.84 6 5.8 6.3 5.9 4.2
Food Inflation (%) 8.56 5.1 5.3 5.7 5.9 5.3
Consumer Price Index Cpi (Index Points) 147.75 147 149 155 158 164
Cpi Housing Utilities (Index Points) 151.43 154 155 160 160 167
Cpi Transportation (Index Points) 110.42 110 115 122 122 127
Inflation Rate Mom (%) -0.81 0.3 0.5 0.8 0.5 0.3
Money Actual Q1 Q2 Q3 Q4 2020
Deposit Interest Rate (%) 8.00 8 8 8 8 8
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -13.36 -510 -413 -325 -150 -170
Current Account (USD Million) -5738.00 -2300 -2300 -2300 -2300 -2450
Current Account to GDP (%) -8.60 -6.2 -6.2 -6.2 -6.2 -5.5
Imports (USD Million) 1628.34 1490 1597 1555 1510 1620
Exports (USD Million) 1614.98 980 1184 1230 1360 1450
Foreign Direct Investment (USD Million) 346.95 382 410 287 274 450
Tourist Arrivals 263114.00 278600 276000 276300 299300 299300
Gold Reserves (Tonnes) 7.30 7.3 7.29 7.29 7.29 7.29
Crude Oil Production (BBL/D/1K) 11.00 10 10 10 10 10
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 33.64 38.3 38.3 38.3 38.3 36
Government Budget (% of GDP) -4.40 -4.9 -4.9 -4.9 -4.9 -5.2
Military Expenditure (USD Million) 2604.10 2150 2150 2150 2150 2000
Taxes Actual Q1 Q2 Q3 Q4 2020
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 5.00 5 5 5 6 6
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Business Actual Q1 Q2 Q3 Q4 2020
Manufacturing Pmi 52.50 51.1 50.4 50.9 50.8 50.8


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.