Myanmar recorded a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2019.

Government Budget in Myanmar averaged -3.30 percent of GDP from 1994 until 2019, reaching an all time high of 1.70 percent of GDP in 2012 and a record low of -7.10 percent of GDP in 2000. This page provides - Myanmar Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Government Budget - values, historical data and charts - was last updated on September of 2020.

Government Budget in Myanmar is expected to reach -3.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Government Budget is projected to trend around -5.20 percent of GDP in 2021 and -4.50 percent of GDP in 2022, according to our econometric models.

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Myanmar Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -3.00 1.70 -7.10 1994 - 2019 percent of GDP Yearly

Myanmar Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.41 47.31 216.04 37.14 percent [+]
Government Budget -3.50 -3.00 1.70 -7.10 percent of GDP [+]
Military Expenditure 3155.00 3464.00 3818.00 159.00 USD Million [+]
Credit Rating 15.00 [+]


Myanmar Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.