Myanmar GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$74.07

Source: world bank Nominal/PPP
Summary:

Myanmar GDP Per Capita expanded from 1960 to 2024, increasing from $0.55 to $74.07 .The compound annual growth rate (CAGR) averaged 7.96% over the period. The economy recorded its peak level in 2020 and its lowest level in 1966. Growth volatility remained high. The maximum drawdown reached 53.97%, indicating the largest cyclical decline from peak levels. The country experienced 12 recession episode(s) during the observed period.

Latest GDP Per Capita of Myanmar 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 74.07 dollars$ 326.86 Int dollars
Growth (YoY)10.951%1.422%
Net Change vs Previous Year$ 7.31 dollars$ 4.58 Int dollars
% of World GDP Per Capita0.07%0.16%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Myanmar GDP | Myanmar GDP Growth

Myanmar Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19600.55-----
19610.610.0611.096 %---
19620.630.034.78 %---
19630.6-0.04-5.6 %---
19640.41-0.19-31.315 %---
19650.37-0.04-10.784 %---
19660.29-0.07-20.147 %---
19670.420.1343.417 %---
19680.560.1433.209 %---
19690.570.012.125 %---
19700.56-0.01-1.451 %---
19710.590.024.24 %---
19720.660.0712.727 %---
19730.720.068.689 %---
19741.230.5170.279 %---
19751.06-0.16-13.421 %---
19761.20.1413.532 %---
19770.87-0.33-27.486 %---
19780.940.067.078 %---
19790.950.021.802 %---
19801.040.099.027 %---
19811.110.077.01 %---
19821.480.3733.318 %---
19831.38-0.1-6.724 %---
19841.3-0.08-5.61 %---
19851.480.1713.408 %---
19861.580.17.03 %---
19871.56-0.02-1.29 %---
19881.54-0.02-1.367 %---
19892.010.4730.651 %---
19902.120.15.053 %17.56--
19912.07-0.05-2.145 %18.040.482.709 %
19922.410.3416.51 %20.232.1912.16 %
19933.160.7531.161 %21.961.738.553 %
19944.431.2740.127 %24.112.159.773 %
19955.290.8619.334 %26.332.229.19 %
19966.120.8315.775 %28.532.218.391 %
19974.72-1.4-22.883 %30.672.137.473 %
19986.461.7436.787 %32.832.167.056 %
19998.492.0331.386 %36.944.1112.515 %
20008.910.424.928 %42.976.0316.322 %
20016.48-2.43-27.257 %48.925.9513.851 %
20026.780.34.629 %55.666.7313.766 %
200310.473.6954.436 %64.618.9616.092 %
200410.570.10.958 %75.3510.7416.619 %
200511.991.4213.434 %88.2612.9117.13 %
200614.52.5220.986 %102.8814.6216.563 %
200720.185.6839.165 %118.3315.4615.026 %
200831.8611.6857.872 %132.9814.6512.379 %
200936.915.0415.829 %147.9214.9411.232 %
201049.5412.6334.234 %164.1416.2210.967 %
201159.9810.4421.066 %176.8912.757.77 %
201259.94-0.04-0.066 %191.6314.748.332 %
201360.270.330.554 %208.2716.648.682 %
201465.535.268.73 %221.813.536.498 %
201559.61-5.92-9.04 %227.795.992.699 %
201663.33.696.192 %229.651.860.815 %
201766.052.754.352 %244.2414.596.355 %
201867.861.812.736 %291.7547.5119.451 %
201975.077.210.617 %321.1829.4410.089 %
202079.013.945.25 %304.37-16.81-5.235 %
202166.35-12.66-16.025 %276.46-27.91-9.168 %
202262.25-4.09-6.168 %308.1331.6711.455 %
202366.764.57.236 %322.2814.154.591 %
202474.077.3110.951 %326.864.581.422 %

Myanmar Economic Phases (1960 - 2024)

From 1960 to 2024, Myanmar economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Crisis (1964–1966) indicating severe economic downturn
  • High Growth (1967–1968) indicating robust economic expansion
  • High Growth (1972–1974) indicating robust economic expansion
  • High Growth (1980–1982) indicating robust economic expansion
  • Contraction (1983–1984) indicating temporary slowdown
  • High Growth (1985–1986) indicating robust economic expansion
  • Contraction (1987–1988) indicating temporary slowdown
  • High Growth (1989–1990) indicating robust economic expansion
  • High Growth (1992–1996) indicating robust economic expansion
  • High Growth (1998–1999) indicating robust economic expansion
  • High Growth (2005–2011) indicating robust economic expansion
  • Expansion (2017–2018) indicating steady moderate growth
  • High Growth (2019–2020) indicating robust economic expansion
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1974 with an increase of 70.279%, while the largest decline was in 1964 at -31.315%.