Myanmar | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 1369.00 1369 1382 1396 1423 1626 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 7.00 7.7 7.7 7.7 7.7 7.9 percent [+]
GDP 62.60 60.07 58.55 57.03 55.5 37.79 USD Billion [+]
GDP per capita 1308.70 874 894 915 935 1779 USD [+]
GDP per capita PPP 4930.59 1350 1370 1390 1400 1740 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 4.02 4 4 4 4 4.2 percent [+]
Minimum Wages 3600.00 3600 3600 3600 3600 3600 MMK/ 8-hour [+]
Population 53.90 53.99 54.12 54.25 54.37 56.32 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 11.19 8.5 7.4 6.8 6.1 4.2 percent [+]
Food Inflation 13.90 13.75 13.76 13.75 13.75 13.75 percent [+]
Consumer Price Index Cpi 223.65 227 227 227 227 227 Index Points [+]
Inflation Rate Mom 1.45 0.84 0.75 0.79 0.79 0.78 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 10.00 10 10 10 10 10 percent [+]
Deposit Interest Rate 8.00 8.06 8.14 8.23 8.31 8.25 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -303.20 -401 -398 -397 -397 -397 USD Million [+]
Exports 1025.80 945 947 946 946 946 USD Million [+]
Imports 1329.00 1261 1261 1261 1261 1261 USD Million [+]
Current Account -1128.00 -541 -623 -706 -616 54.06 USD Million [+]
Current Account to GDP -8.90 -7.44 -8.26 -9.07 -9.89 -11.97 percent [+]
Foreign Direct Investment 3821.91 983 936 934 925 930 USD Million [+]
Tourist Arrivals 335646.00 363933 351839 357368 363131 359642 [+]
Terrorism Index 4.17 4.37 4.33 4.3 4.27 4.43 [+]
Crude Oil Production 16.00 15.59 15.6 15.61 15.61 15.62 BBL/D/1K [+]
Gold Reserves 7.27 7.26 7.27 7.26 7.26 7.26 Tonnes [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 32.04 37 37 37 37 36 percent [+]
Government Budget -4.70 -2.32 -2.78 -3.25 -3.72 -3.23 percent of GDP [+]
Military Expenditure 3186.90 3269 3257 3246 3251 3266 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Ease Of Doing Business 170.00 173 173 173 173 173 [+]
Competitiveness Index 3.32 3.25 3.24 3.24 3.23 3.25 Points [+]
Competitiveness Rank 131.00 135 135 135 135 135 [+]
Corruption Index 28.00 25 26 27 28 28 Points [+]
Corruption Rank 136.00 148 147 146 145 150 [+]
Manufacturing Pmi 51.90 52.66 51.9 52.66 51.9 51.9 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Personal Income Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 30.00 30 30 30 30 30 percent [+]
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]





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. 3/23/2017