World Factbook
Myanmar
Pyidaungzu Thammada Myanma Naingngandaw (translated as the Republic of the Union of Myanmar)
Last updated: 2026-03-28 (today)
Budget
note
note: central government revenues (excluding grants) and expenses converted to US dollars at average official exchange rate for year indicated
revenues
$10.945 billion (2019 est.)
expenditures
$10.22 billion (2019 est.)
Exports
note
note: balance of payments - exports of goods and services in current dollars
Exports 2018
$15.728 billion (2018 est.)
Exports 2019
$17.523 billion (2019 est.)
Exports 2021
$20.4 billion (2021 est.)
Imports
note
note: balance of payments - imports of goods and services in current dollars
Imports 2018
$18.664 billion (2018 est.)
Imports 2019
$17.356 billion (2019 est.)
Imports 2021
$23.1 billion (2021 est.)
Industries
agricultural processing; wood and wood products; copper, tin, tungsten, iron; cement, construction materials; pharmaceuticals; fertilizer; oil and natural gas; garments; jade and gems
Labor force
22.742 million (2024 est.)
note: number of people ages 15 or older who are employed or seeking work
Public debt
Public debt 2016
35.7% of GDP (2016 est.)
Remittances
note
note: personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2021
1.9% of GDP (2021 est.)
Remittances 2022
2% of GDP (2022 est.)
Remittances 2023
1.6% of GDP (2023 est.)
Exchange rates
Currency
kyats (MMK) per US dollar -
Exchange rates 2019
1,518.255 (2019 est.)
Exchange rates 2020
1,381.619 (2020 est.)
Exchange rates 2021
1,615.367 (2021 est.)
Exchange rates 2022
1,932.543 (2022 est.)
Exchange rates 2023
2,100 (2023 est.)
Debt - external
note
note: present value of external debt in current US dollars
Debt - external 2023
$8.748 billion (2023 est.)
Economic overview
slowly recovering Southeast Asian economy; household incomes weaken domestic consumption; growing trade deficit; declining employment; high inflation and reduced currency power; agriculture sector remains most stable
Unemployment rate
note
note: % of labor force seeking employment
Unemployment rate 2022
3.1% (2022 est.)
Unemployment rate 2023
3.1% (2023 est.)
Unemployment rate 2024
3.1% (2024 est.)
Exports - partners
China 32%, Thailand 16%, Japan 7%, Germany 6%, India 5% (2023)
note: top five export partners based on percentage share of exports
Imports - partners
China 40%, Thailand 18%, Singapore 15%, Indonesia 4%, Malaysia 4% (2023)
note: top five import partners based on percentage share of imports
Real GDP per capita
note
note: data in 2021 dollars
Real GDP per capita 2022
$5,400 (2022 est.)
Real GDP per capita 2023
$5,400 (2023 est.)
Real GDP per capita 2024
$5,300 (2024 est.)
Real GDP growth rate
note
note: annual GDP % growth based on constant local currency
Real GDP growth rate 2022
4% (2022 est.)
Real GDP growth rate 2023
1% (2023 est.)
Real GDP growth rate 2024
-1% (2024 est.)
Agricultural products
rice, sugarcane, vegetables, beans, maize, groundnuts, plantains, fruits, coconuts, onions (2023)
note: top ten agricultural products based on tonnage
Exports - commodities
garments, natural gas, dried legumes, rare-earth metal compounds, precious stones (2023)
note: top five export commodities based on value in dollars
Imports - commodities
refined petroleum, synthetic fabric, fertilizers, crude petroleum, fabric (2023)
note: top five import commodities based on value in dollars
Current account balance
note
note: balance of payments - net trade and primary/secondary income in current dollars
Current account balance 2017
-$4.917 billion (2017 est.)
Current account balance 2018
-$2.561 billion (2018 est.)
Current account balance 2019
$67.72 million (2019 est.)
Taxes and other revenues
6% (of GDP) (2019 est.)
note: central government tax revenue as a % of GDP
GDP (official exchange rate)
$74.08 billion (2024 est.)
note: data in current dollars at official exchange rate
Population below poverty line
24.8% (2017 est.)
note: % of population with income below national poverty line
Average household expenditures
on food
53.9% of household expenditures (2023 est.)
on alcohol and tobacco
0.5% of household expenditures (2023 est.)
Inflation rate (consumer prices)
note
note: annual % change based on consumer prices
Inflation rate (consumer prices) 2017
4.6% (2017 est.)
Inflation rate (consumer prices) 2018
6.9% (2018 est.)
Inflation rate (consumer prices) 2019
8.8% (2019 est.)
Industrial production growth rate
-0.2% (2024 est.)
note: annual % change in industrial value added based on constant local currency
Real GDP (purchasing power parity)
note
note: data in 2021 dollars
Real GDP (purchasing power parity) 2022
$287.624 billion (2022 est.)
Real GDP (purchasing power parity) 2023
$290.381 billion (2023 est.)
Real GDP (purchasing power parity) 2024
$287.559 billion (2024 est.)
Youth unemployment rate (ages 15-24)
male
10.5% (2024 est.)
note
note: % of labor force ages 15-24 seeking employment
total
10% (2024 est.)
female
9.4% (2024 est.)
Reserves of foreign exchange and gold
note
note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2021
$9.103 billion (2021 est.)
Reserves of foreign exchange and gold 2022
$8.182 billion (2022 est.)
Reserves of foreign exchange and gold 2023
$9.338 billion (2023 est.)
GDP - composition, by sector of origin
note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
industry
37.8% (2024 est.)
services
41.4% (2024 est.)
agriculture
20.8% (2024 est.)
Household income or consumption by percentage share
note
note: % share of income accruing to lowest and highest 10% of population
lowest 10%
3.8% (2017 est.)
highest 10%
25.5% (2017 est.)
Gini Index coefficient - distribution of family income
note
note: index (0-100) of income distribution; higher values represent greater inequality
Gini Index coefficient - distribution of family income 2017
30.7 (2017 est.)