Myanmar Government Debt To GDP

Myanmar recorded a Government Debt to GDP of 53.53 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Myanmar is reported by the Central Statistics Organization, Myanmar. From 1998 until 2011, Myanmar Government Debt To GDP averaged 83.5 Percent reaching an all time high of 141.0 Percent in December of 2001 and a record low of 53.0 Percent in December of 2010. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Myanmar Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
53.53 52.99 140.95 52.99 53.38 | 2014/06 1998 - 2011 Percent Yearly

TO

Myanmar Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 53.53 2011-12-31 52.99 140.95 52.99 53.38 2014-06-30 Percent [+]
Government Budget -3.20 2012-12-31 -3.80 0.79 -4.60 -2.20 2014-06-30 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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The benchmark interest rate in Myanmar was last recorded at 10 percent. Interest Rate in Myanmar is reported by the Central Bank of Myanmar.
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The Personal Income Tax Rate in Myanmar stands at 20 percent. Personal Income Tax Rate in Myanmar is reported by the Internal Revenue Department.
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The Sales Tax Rate in Myanmar stands at 30 percent. Sales Tax Rate in Myanmar is reported by the Internal Revenue Department.
Myanmar Government Debt To GDP at 53.53 Percent  
Myanmar recorded a Government Debt to GDP of 53.53 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Myanmar is reported by the Central Statistics Organization, Myanmar.
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Myanmar recorded a Current Account deficit of 1249 USD Million in 2012. Current Account in Myanmar is reported by the Ministry of National Planning and Economic Development, Myanmar.
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Tourist Arrivals in Myanmar increased to 206567 in November of 2013 from 174885 in October of 2013. Tourist Arrivals in Myanmar is reported by the Ministry of National Planning and Economic Development, Myanmar.
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