Markets Actual Q2 Q3 Q4 Q1 2020
Currency 1515.00 1538 1551 1565 1578 1605
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 5.90 6.4 6.4 6.4 6.8 6.8
Unemployment Rate (%) 1.60 1.2 1.2 1.2 1.4 1.6
Inflation Rate (%) 8.73 6.8 6.6 6.9 7.1 7.6
Balance of Trade (USD Million) -310.20 -413 -325 -150 -150 -170
Current Account (USD Million) -5738.00 -2300 -2300 -2300 -2450 -2450
Current Account to GDP (%) -2.00 -3.9 -3.9 -3.9 -5.2 -5.2
Government Debt to GDP (%) 49.41 38.3 38.3 38.3 36 36
Government Budget (% of GDP) -2.50 -3.4 -3.4 -3.4 -3.6 -3.6
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 5.90 6.4 6.4 6.4 6.8 6.8
GDP (USD Billion) 69.32 79.4 79.4 79.4 80 80
GDP per capita (USD) 1484.20 1700 1700 1700 1754 1754
GDP per capita PPP (USD) 5591.60 6066 6066 6066 6413 6413
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 1.60 1.2 1.2 1.2 1.4 1.6
Minimum Wages (MMK/day) 4800.00 4800 4800 4800 5100 5100
Population (Million) 53.37 54.3 54.3 53.85 54.33 54.33
Labor Force Participation Rate (%) 64.71 67 67 67 64 64
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 8.73 6.8 6.6 6.9 7.1 7.6
Food Inflation (%) 10.15 5.3 5.7 5.9 5.9 5.3
Consumer Price Index Cpi (Index Points) 152.03 149 155 156 156 163
Cpi Housing Utilities (Index Points) 154.43 155 160 160 160 167
Cpi Transportation (Index Points) 114.39 115 122 117 115 122
Inflation Rate Mom (%) 1.27 0.5 0.8 0.5 0.5 0.3
Money Actual Q2 Q3 Q4 Q1 2020
Deposit Interest Rate (%) 8.00 8 8 8 7 7
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -310.20 -413 -325 -150 -150 -170
Current Account (USD Million) -5738.00 -2300 -2300 -2300 -2450 -2450
Current Account to GDP (%) -2.00 -3.9 -3.9 -3.9 -5.2 -5.2
Imports (USD Million) 1489.40 1597 1555 1510 1510 1620
Exports (USD Million) 1179.20 1184 1230 1360 1360 1450
Foreign Direct Investment (USD Million) 434.89 410 287 274 274 450
Tourist Arrivals 363154.00 276000 276300 299300 299300 299300
Gold Reserves (Tonnes) 7.30 7.29 7.29 7.29 7.29 7.29
Crude Oil Production (BBL/D/1K) 11.00 10 10 10 10 10
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 49.41 38.3 38.3 38.3 36 36
Government Budget (% of GDP) -2.50 -3.4 -3.4 -3.4 -3.6 -3.6
Taxes Actual Q2 Q3 Q4 Q1 2020
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 5.00 5 5 6 6 6
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Business Actual Q2 Q3 Q4 Q1 2020
Manufacturing Pmi 54.20 50.4 50.9 50.8 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.