Markets Actual Q3 Q4 Q1 Q2 2021
Currency 1356.00 1363 1370 1378 1385 1400

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 6.80 1.5 1.5 6.5 6.5 6.5
Unemployment Rate (%) 1.60 1.8 1.8 2 1.9 2
Inflation Rate (%) 4.21 3 4.5 4.5 7.5 6.5
Interest Rate (%) 7.00 6 6 6 6 6.5
Balance of Trade (USD Million) -431.30 -90 -100 -120 -90 30
Current Account (USD Million) -3592.00 -5500 -5500 -3600 -3600 -3600
Current Account to GDP (%) -2.00 -5 -5 -4.5 -4.5 -4.5
Government Debt to GDP (%) 49.41 52 52 55 55 55
Government Budget (% of GDP) -3.50 -3.8 -3.8 -5.2 -5.2 -5.2
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 6.80 1.5 1.5 6.5 6.5 6.5
GDP (USD Billion) 76.09 75.5 75.5 75.8 75.8 75.8
GDP per capita (USD) 1608.50 1580 1580 1630 1630 1630
GDP per capita PPP (USD) 5142.20 6413 6413 6413 6226 6526

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 1.60 1.8 1.8 2 1.9 2
Minimum Wages (MMK/day) 4800.00 5100 5100 5100 5100 5100
Population (Million) 54.10 54.39 54.39 54.73 54.73 54.73

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 4.21 3 4.5 4.5 7.5 6.5
Food Inflation (%) 2.57 6 6 5.5 5.5 6
Cpi Housing Utilities (points) 199.71 204 208 209 215 222
Cpi Transportation (points) 101.26 119 123 111 107 131
Consumer Price Index CPI (points) 160.12 165 169 167 172 180
Inflation Rate Mom (%) 0.08 0.2 0.3 0.3 0.3 0.3

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 7.00 6 6 6 6 6.5
Deposit Interest Rate (%) 8.00 7 7 7 7 7.5

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -431.30 -90 -100 -120 -90 30
Current Account (USD Million) -3592.00 -5500 -5500 -3600 -3600 -3600
Current Account to GDP (%) -2.00 -5 -5 -4.5 -4.5 -4.5
Imports (USD Million) 1947.30 1340 1550 1620 1460 1620
Exports (USD Million) 1516.00 1250 1450 1500 1370 1650
Foreign Direct Investment (USD Million) 734.89 500 450 450 450 450
Tourist Arrivals 339911.00 255000 310000 318000 318000 450900
Crude Oil Production (BBL/D/1K) 10.00 10 10 10 10 10
Gold Reserves (Tonnes) 7.30 7.29 7.29 7.29 7.29 7.29

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 49.41 52 52 55 55 55
Government Budget (% of GDP) -3.50 -3.8 -3.8 -5.2 -5.2 -5.2
Military Expenditure (USD Million) 3155.00 2000 2000 2000 2000 2000

Taxes Actual Q3 Q4 Q1 Q2 2021
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 Q3 Q4 Q1 Q2 2021
Manufacturing Pmi (points) 51.70 50 50 51 51 52.4


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.