Myanmar Government Debt to GDP Myanmar recorded a Government Debt to GDP of 32.04 percent of the country's Gross Domestic Product in 2015. Government Debt to GDP in Myanmar averaged 92.45 percent from 1998 until 2015, reaching an all time high of 215.95 percent in 2001 and a record low of 29.73 percent in 2014. Government Debt to GDP in Myanmar is reported by the Central Statistics Organization, Myanmar. Military Expenditure 3275.70 US MILLION

1. Myanmar Government Debt to GDP
Myanmar recorded a Government Debt to GDP of 32.04 percent of the country's Gross Domestic Product in 2015. Government Debt to GDP
in Myanmar averaged 92.45 percent from 1998 until 2015, reaching an all time high of 215.95 percent in 2001 and a record low of 29.73
percent in 2014. Government Debt to GDP in Myanmar is reported by the Central Statistics Organization, Myanmar.
Actual Previous Highest Lowest Dates Unit Frequency
32.04 29.73 215.95 29.73 1998 - 2015 percent Yearly
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. Myanmar Government Debt to GDP - actual data, historical
chart and calendar of releases - was last updated on August of 2016.
Myanmar Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.04 29.73 215.95 29.73 percent [+]
Government Budget -4.31 -2.03 -0.10 -7.16 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 3186.90 3275.70 3275.70 241.80 USD Million [+]
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Myanmar Interest Rate at 10.00 percent
Myanmar Foreign Direct Investment at 972.64 USD Million
Myanmar Minimum Wages at 3600.00 MMK/ 8-hour
Myanmar Gold Reserves at 7.30 Tonnes
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2. WORLD Last
Japan 229.20 Dec/15
Greece 176.90 Dec/15
Lebanon 133.28 Dec/14
Jamaica 132.72 Dec/14
Italy 132.70 Dec/15
Portugal 129.00 Dec/15
Cape Verde 123.00 Dec/15
Cyprus 108.90 Dec/15
Belgium 106.00 Dec/15
Deposit Interest Rate in Myanmar at 8.00 percent
Myanmar Exports at 870.80 USD Million
Myanmar Imports at 1510.20 USD Million
Myanmar Tourist Arrivals at 450541.00
Myanmar Balance of Trade at -639.40 USD Million
Myanmar Inflation Rate at 11.41 percent
Myanmar Inflation Rate MoM at -2.11 percent
Myanmar GDP at 64.87 USD Billion
Myanmar Crude Oil Production at 16.00 BBL/D/1K
Myanmar Corruption Rank at 147.00
Myanmar Corruption Index at 22.00 Points
Myanmar Corporate Tax Rate at 25.00 percent
Myanmar Consumer Price Index Cpi at 219.03 Index Points
Myanmar Competitiveness Rank at 131.00
Myanmar Competitiveness Index at 3.32 Points
Ease Of Doing Business in Myanmar at 167.00
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Switzerland Trade Surplus Smallest in 3 Months
Singapore CPI Drops More than Expected in July
Mexico GDP Expands 2.5% YoY in Q2
Mexico GDP Shrinks Less than Expected in Q2
Hong Kong Inflation Rate Slows to 8-Month Low of 2.3%
Indonesia Holds New Key Rate at 5.25%
Canada Inflation Rate Slows to 4-Month Low of 1.3%
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3. Belgium 106.00 Dec/15
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United States 104.17 Dec/15
Spain 99.20 Dec/15
Bhutan 98.90 Dec/15
France 96.10 Dec/15
Ireland 93.80 Dec/15
Canada 91.50 Dec/15
Euro Area 90.70 Dec/15
Egypt 90.50 Dec/14
United Kingdom 89.20 Dec/15
Jordan 89.00 Dec/14
Croatia 86.70 Dec/15
Austria 86.20 Dec/15
European Union 85.20 Dec/15
Slovenia 83.20 Dec/15
Sudan 79.00 Dec/14
Mongolia 77.40 Dec/15
Zimbabwe 77.00 Dec/14
Bahamas 76.30 Dec/15
Sri Lanka 76.00 Dec/15
Hungary 75.30 Dec/15
Serbia 73.40 Dec/15
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India 67.20 Dec/15
Mauritania 66.90 Dec/14
Brazil 66.23 Dec/15
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Netherlands 65.10 Dec/15
Israel 64.80 Dec/15
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El Salvador 64.16 Dec/15
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Finland 63.10 Dec/15
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Costa Rica 62.11 Dec/15
Mauritius 61.60 Dec/15
Montenegro 61.40 Dec/15
Seychelles 60.00 Dec/15
Mozambique 55.40 Dec/14
Kyrgyzstan 55.20 Dec/15
Malaysia 54.00 Dec/15
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Slovakia 52.90 Dec/15
Kenya 52.80 Dec/15
Poland 51.30 Dec/15
Gambia 50.70 Dec/15
Fiji 50.60 Dec/14
Vietnam 50.50 Dec/14
South Africa 50.10 Dec/15
Yemen 49.95 Dec/13
Venezuela 49.80 Dec/13
Argentina 48.40 Dec/15
Tunisia 47.50 Dec/14
Lesotho 45.80 Dec/14
Dominican Republic 45.61 Dec/15
Nicaragua 45.30 Dec/15
Philippines 45.05 Dec/15
Laos 44.48 Dec/14
Thailand 44.40 Dec/15
Honduras 44.06 Dec/15
China 43.90 Dec/15
Sweden 43.40 Dec/15
Mexico 43.20 Dec/15
Lithuania 42.70 Dec/15
Armenia 42.23 Dec/15
Bahrain 42.00 Dec/14
Central African Republic 41.83 Dec/14
Trinidad and Tobago 41.60 Dec/14
Czech Republic 41.10 Dec/15
Macedonia 40.30 Dec/14
Denmark 40.20 Dec/15
Tanzania 39.90 Dec/13
Bolivia 39.70 Dec/15
Suriname 39.61 Dec/15
Panama 39.10 Dec/15
Romania 38.40 Dec/15
Colombia 38.00 Dec/14
Sierra Leone 37.65 Dec/14
Iraq 37.02 Dec/14
Australia 36.80 Dec/15
Georgia 36.80 Dec/13
Ivory Coast 36.41 Dec/14
Latvia 36.40 Dec/15
Niger 36.40 Dec/15
Tajikistan 35.90 Dec/15
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Qatar 35.80 Dec/15
Senegal 35.20 Dec/14
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5. Madagascar 34.90 Dec/14
Uganda 34.70 Dec/14
Switzerland 34.40 Dec/15
Gabon 34.10 Dec/15
Republic of the Congo 34.00 Dec/14
Cambodia 33.88 Dec/14
Ecuador 33.10 Dec/15
Turkey 32.90 Dec/15
Myanmar 32.04 Dec/15
Hong Kong 32.00 Dec/14
Norway 31.70 Dec/15
Taiwan 31.70 Dec/15
Angola 31.00 Dec/14
Zambia 31.00 Dec/14
Bosnia and Herzegovina 30.90 Dec/15
Guinea Bissau 30.80 Dec/14
New Zealand 30.36 Dec/15
Syria 30.01 Dec/10
Guinea 29.50 Dec/15
Bulgaria 29.30 May/16
Ethiopia 28.60 Dec/14
Burkina Faso 28.30 Dec/14
Rwanda 28.00 Dec/14
Moldova 27.50 Dec/15
Indonesia 27.00 Dec/15
Haiti 26.45 Dec/15
Belarus 25.70 Mar/16
Chad 25.70 Dec/15
Comoros 25.40 Dec/14
Nepal 25.40 Dec/15
Guatemala 24.73 Dec/15
Namibia 24.60 Sep/15
Liberia 24.00 Dec/15
Eritrea 23.90 Dec/15
Kazakhstan 23.30 Dec/15
Peru 23.00 Dec/15
Botswana 22.70 Dec/15
Luxembourg 21.40 Dec/15
Togo 20.80 Dec/14
Maldives 20.40 Dec/15
Cameroon 19.90 Dec/14
Paraguay 19.70 Dec/15
Congo 19.69 Dec/14
Cayman Islands 18.50 Dec/15
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Bangladesh 18.00 Dec/13
Malawi 18.00 Dec/14
Russia 17.70 Dec/15
Chile 17.50 Dec/15
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6. Dec/15
Palestine 17.30 Dec/14
Cuba 17.10 Dec/12
Turkmenistan 16.80 Dec/14
Iran 16.36 Dec/15
Azerbaijan 16.00 Dec/14
United Arab Emirates 15.68 Dec/14
Burundi 14.20 Dec/14
Kosovo 12.98 Dec/15
Nigeria 11.50 Dec/15
Uzbekistan 11.00 Dec/15
Swaziland 9.90 Dec/14
Estonia 9.70 Dec/15
Oman 9.20 Dec/15
Algeria 8.76 Dec/14
Kuwait 7.10 Dec/14
Afghanistan 6.60 Dec/13
Equatorial Guinea 6.40 Dec/15
Libya 6.10 Dec/14
Saudi Arabia 5.90 Dec/15
Brunei 2.30 Dec/14
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9. Like 6 0 4
Myanmar’s foreign debt totals $9
billion: finance minister
By Htoo Thant | Tuesday, 01 December 2015
Myanmar's foreign debt acquired since 1988 amounts to just over
US$9 billion, a fraction of that of many of its neighbours, parliament
heard yesterday.
Union Minister for Finance U Win Shein told the Pyidaungsu Hluttaw that
almost half of that sum, $4.27 billion, had been acquired before 1988.
Between 1988-89 and 2010-11, the country borrowed a further $3.3 billion,
and had borrowed another $1.5 billion since 2012, he said.
He told MPs that foreign loans and financial aid went toward supplementing
the national budget in implementing reforms, funding infrastructure and
improving human resources through healthcare and education.
Agricultural and electric power installations were also beneficiaries of the
loans, which were the cheapest available, he said.
The Treasury Department of the finance ministry handles the debts, in
collaboration with the debt management division, helped by financial experts
from the Asian Development Bank, he said.
The loans did not come in the form of a lump sum, but were issued in
accordance with the performance of a number of projects, he said.
“According to the International Monetary Fund and the World Bank debt
sustainability analysis, Myanmar is performing.”
In 2013, a number of Myanmar’s creditors cancelled or reissued billions of
dollars of external debt. In January of that year, the ADB and World Bank
reissued debt worth $960 million through a bridge loan provided by the Japan
Bank for International Cooperation.
Later the same month, the Paris Club, an informal group of creditor
governments, announced it had cancelled $5.925 billion worth of debt,
following extensive negotiations in Paris.
Remaining arrears have been rescheduled over 15 years, including a seven-
year grace period. In addition, Norway and Japan agreed to exceptional debt
cancellations, with Norway relieving $534 million and Japan $3.58billion.
Translation by Thiri Min Htun
Wednesday,August24,2016 Search... GoReadinMyanmar |SubscribeNow
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10. Shangri-La launches offices and shopping
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12. Myanmar | Economic Indicators
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13. Markets Last Reference
Currency 1199 Aug/16
GDP Last Reference
GDP Annual Growth Rate 7 % Dec/15
GDP 64.87 USD Billion Dec/15
GDP per capita 824 USD Dec/11
GDP per capita PPP 1325 USD Dec/11
Labour Last Reference
Unemployment Rate 4.02 % Dec/13
Minimum Wages 3600 MMK/ 8-hour Dec/16
Population 53.9 Million Dec/15
Prices Last Reference
Inflation Rate 11.41 % Dec/15
Consumer Price Index Cpi 219 IndexPoints Nov/15
Inflation Rate Mom -2.11 % Dec/15
Money Last Reference
Interest Rate 10 % Jul/16
Deposit Interest Rate 8 % Dec/15
Trade Last Reference
Balance of Trade -639 USD Million Dec/15
Exports 871 USD Million Dec/15
Imports 1510 USD Million Dec/15
Current Account -1128 USD Million Dec/12
Current Account to GDP -8.9 % Dec/15
Foreign Direct Investment 973 USD Million Dec/15
Tourist Arrivals 450541 Dec/15
Crude Oil Production 16 BBL/D/1K Oct/15
Gold Reserves 7.3 Tonnes Jun/16
Terrorism Index 4.08 Dec/15
Government Last Reference
Government Debt to GDP 32.04 % Dec/15
Government Budget -4.31 %of GDP Dec/14
Credit Rating 15
Military Expenditure 3187 USD Million Dec/15
Business Last Reference
Competitiveness Index 3.32 Points Dec/16
Competitiveness Rank 131 Dec/16
Corruption Index 22 Points Dec/15
Corruption Rank 147 Dec/15
Ease Of Doing Business 167 Dec/15
Taxes Last Reference
Personal Income Tax Rate 20 % Dec/15
Sales Tax Rate 30 % Dec/15
Corporate Tax Rate 25 % Dec/15
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14. Economic Indicators for Myanmar including actual values, historical data charts, an economic calendar, time-series statistics, business
news, long term forecasts and short-term predictions for Myanmar economy. 8/24/2016
Related
Myanmar Interest Rate at 10.00 percent
Myanmar Foreign Direct Investment at 972.64 USD Million
Myanmar Minimum Wages at 3600.00 MMK/ 8-hour
Myanmar Gold Reserves at 7.30 Tonnes
Deposit Interest Rate in Myanmar at 8.00 percent
Myanmar Exports at 870.80 USD Million
Myanmar Imports at 1510.20 USD Million
Myanmar Tourist Arrivals at 450541.00
Myanmar Balance of Trade at -639.40 USD Million
Myanmar Inflation Rate at 11.41 percent
Myanmar Inflation Rate MoM at -2.11 percent
Myanmar GDP at 64.87 USD Billion
Myanmar Crude Oil Production at 16.00 BBL/D/1K
Myanmar Corruption Rank at 147.00
Myanmar Corruption Index at 22.00 Points
Myanmar Corporate Tax Rate at 25.00 percent
Myanmar Consumer Price Index Cpi at 219.03 Index Points
Myanmar Competitiveness Rank at 131.00
Myanmar Competitiveness Index at 3.32 Points
Ease Of Doing Business in Myanmar at 167.00
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Switzerland Trade Surplus Smallest in 3 Months
Singapore CPI Drops More than Expected in July
Mexico GDP Expands 2.5% YoY in Q2
Mexico GDP Shrinks Less than Expected in Q2
Hong Kong Inflation Rate Slows to 8-Month Low of 2.3%
Indonesia Holds New Key Rate at 5.25%
Canada Inflation Rate Slows to 4-Month Low of 1.3%
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