Myanmar | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 1330.00 1312 1325 1338 1351 1559 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 7.00 6.8 7.7 7.7 7.7 7.9 percent [+]
GDP 64.87 55.5 55.47 55.44 55.42 37.79 USD Billion [+]
GDP per capita 824.19 935 961 987 1013 1779 USD [+]
GDP per capita PPP 1324.61 1350 1370 1390 1400 1740 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 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 54.37 54.49 54.61 54.73 56.32 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 10.67 10.1 8.5 7.4 6.8 4.2 percent [+]
Inflation Rate Mom 1.17 0.86 0.89 0.71 0.8 0.79 percent [+]
Food Inflation 13.30 16.17 16.14 16.14 16.14 16.14 percent [+]
Consumer Price Index Cpi 214.40 210 210 210 210 210 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 10.00 10 10 10 10 10 percent [+]
Deposit Interest Rate 8.00 8.31 8.3 8.29 8.27 8.25 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -198.70 -441 -440 -440 -440 -440 USD Million [+]
Exports 1161.90 962 960 960 959 959 USD Million [+]
Imports 1360.60 1419 1419 1419 1419 1419 USD Million [+]
Current Account -1128.00 -541 -623 -706 -616 54.06 USD Million [+]
Current Account to GDP -8.90 -9.89 -9.96 -10.03 -10.09 -11.97 percent [+]
Foreign Direct Investment 426.20 484 450 461 474 466 USD Million [+]
Tourist Arrivals 413708.00 402933 397428 395989 398149 397904 [+]
Gold Reserves 7.27 7.27 7.27 7.27 7.27 7.27 Tonnes [+]
Crude Oil Production 16.00 15.57 15.59 15.6 15.61 15.62 BBL/D/1K [+]
Terrorism Index 4.17 4.27 4.29 4.32 4.34 4.43 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 32.04 35 37 37 37 36 percent [+]
Government Budget -4.70 -3.72 -3.54 -3.36 -3.17 -3.23 percent of GDP [+]
Military Expenditure 3186.90 3269 3257 3246 3251 3266 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Ease Of Doing Business 170.00 173 173 173 173 173 [+]
Competitiveness Index 3.32 3.26 3.24 3.24 3.23 3.25 Points [+]
Competitiveness Rank 131.00 135 135 135 135 135 [+]
Corruption Index 22.00 20.34 19.95 19.57 19.18 17.22 Points [+]
Corruption Rank 147.00 145 145 144 144 150 [+]
Manufacturing Pmi 50.20 49.01 48.8 48.8 48.8 48.8 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/8/2016