GDP in Myanmar

Myanmar GDP | Economic News & Forecasts

Myanmar - GDP

The economy remains in good shape, with manufacturing PMI data pointing to a strong start to the second quarter of the calendar year. In April, the PMI reached the highest level in the survey’s history on the back of robust growth in output and new orders, while inflationary pressures are seemingly easing. However, employment growth moderated in the month, and business confidence dipped to a six-month low. To improve the country’s attractiveness to foreign investment amid the ongoing Rohingya refugee crisis, the government opened the country’s retail and wholesale trade sector to foreign companies in early May. However, certain limitations remain in place, including financial restrictions.

Myanmar - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)8.4  8.0  7.0  5.9  6.7  

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Myanmar GDP Chart


Myanmar GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: IMF.

Myanmar Facts

ValueChangeDate
Bond Yield13.000.0 %May 15
Exchange Rate1,3580.0 %Jun 14

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