How is Myanmar's economy in 2019

Indicators of the economy in Myanmar

The main economic performance of a country can be read from its gross domestic product. So the total amount of all goods and services sold in the country. Worldwide, the gross domestic product in 2019 was around 10,209 euros per capita. In contrast, the GDP in Myanmar reached 1,258 euros per inhabitant, or 67.96 billion euros in the whole country. Myanmar is currently number 71 among the major economies. If this is calculated per inhabitant taking into account purchasing power parity, Myanmar ranks 139th in the list of the world's richest countries.

The inflation rate in Myanmar was around 8.83% in 2019. Within the EU, the average in the same year was 1.63%.

Compared to Germany, the prices for daily necessities are around 66.18% lower.
The index for perceived corruption in the public sector is 28 and is therefore very poor in a global comparison.

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Unemployment rates in percent 1991-2020

Economic performance 2019

Development of the gross domestic product in billion euros 2000 - 2019

Imports and exports 2019

Development of imports and exports in billion euros 1979 - 2019

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