Markets Actual Q3 Q4 Q1 Q2 2020
Currency 1517.00 1519 1532 1545 1558 1585
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 6.80 6.4 6.4 6.8 6.8 6.8
Unemployment Rate (%) 1.60 1.2 1.2 1.4 1.4 1.6
Inflation Rate (%) 9.51 6.6 6.9 7.1 7.3 7.6
Balance of Trade (USD Million) -251.80 -325 -150 -150 -150 -170
Current Account (USD Million) -5738.00 -2300 -2300 -2300 -2450 -2450
Current Account to GDP (%) -2.00 -3.9 -3.9 -5.2 -5.2 -5.2
Government Debt to GDP (%) 49.41 38.3 38.3 36 36 36
Government Budget (% of GDP) -2.50 -3.4 -3.4 -3.6 -3.6 -3.6
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 6.80 6.4 6.4 6.8 6.8 6.8
GDP (USD Billion) 71.21 77 77 85 85 85
GDP per capita (USD) 1571.90 1700 1700 1754 1754 1754
GDP per capita PPP (USD) 5922.00 6066 6066 6413 6413 6413
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 1.60 1.2 1.2 1.4 1.4 1.6
Minimum Wages (MMK/day) 4800.00 4800 4800 5100 5100 5100
Population (Million) 53.71 54.3 53.85 54.33 54.33 54.33
Labor Force Participation Rate (%) 64.71 67 67 64 64 64
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 9.51 6.6 6.9 7.1 7.3 7.6
Consumer Price Index Cpi (Index Points) 154.56 155 156 156 156 163
Cpi Housing Utilities (Index Points) 155.99 160 160 160 160 167
Cpi Transportation (Index Points) 113.03 122 117 115 115 122
Food Inflation (%) 11.57 5.7 5.9 5.9 5.9 5.3
Inflation Rate Mom (%) 0.59 0.8 0.5 0.5 0.5 0.3
Money Actual Q3 Q4 Q1 Q2 2020
Deposit Interest Rate (%) 8.00 8 8 7 7 7
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -251.80 -325 -150 -150 -150 -170
Current Account (USD Million) -5738.00 -2300 -2300 -2300 -2450 -2450
Current Account to GDP (%) -2.00 -3.9 -3.9 -5.2 -5.2 -5.2
Exports (USD Million) 1277.20 1230 1360 1360 1360 1450
Imports (USD Million) 1529.00 1555 1510 1510 1510 1620
Foreign Direct Investment (USD Million) 428.41 287 274 274 274 450
Tourist Arrivals 363154.00 276000 299300 299300 299300 299300
Gold Reserves (Tonnes) 7.30 7.29 7.29 7.29 7.29 7.29
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 49.41 38.3 38.3 36 36 36
Government Budget (% of GDP) -2.50 -3.4 -3.4 -3.6 -3.6 -3.6
Taxes Actual Q3 Q4 Q1 Q2 2020
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 5.00 5 6 6 6 6
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Business Actual Q3 Q4 Q1 Q2 2020
Manufacturing Pmi 52.90 50.9 50.8 51.5 52.9 52


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.