Myanmar GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Myanmar expanded 6.50 percent in 2013 from the previous year. GDP Annual Growth Rate in Myanmar averaged 8.99 Percent from 1994 until 2013, reaching an all time high of 13.84 Percent in 2003 and a record low of 3.60 Percent in 2008. GDP Annual Growth Rate in Myanmar is reported by the Central Bank of Myanmar.
||1994 - 2013
Myanmar, formerly known as Burma, is the poorest country in Southeast Asia. Myanmar was under a military regime for decades, yet since 2011, a transition to democracy has been taking place. The new, civilian led, reformist government has taken charge and the country has began to open up to foreign direct investment. Myanmar’s economy is pretty diversified. The most important sector of the economy is services, which has been growing steadily in the last few years, and now account for over 38 percent of GDP. The share of agriculture has been declining, and now represents 36 percent of GDP. Finally, industry contributes the remaining 26 percent of GDP. This page provides - Myanmar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.