Myanmar GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$1,359.05

Source: world bank Nominal/PPP
Summary:

Myanmar GDP Per Capita expanded from 1960 to 2024, increasing from $25.08 to $1,359.05 .The compound annual growth rate (CAGR) averaged 6.44% 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 57.78%, indicating the largest cyclical decline from peak levels. The country experienced 13 recession episode(s) during the observed period.

Latest GDP Per Capita of Myanmar 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 1,359.05 dollars$ 5,997.47 Int dollars
Growth (YoY)10.205%0.741%
Net Change vs Previous Year$ 125.85 dollars$ 44.11 Int dollars
% of World GDP Per Capita1.22%3.00%
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
196025.08-----
196127.272.188.693 %---
196227.950.682.5 %---
196325.8-2.14-7.668 %---
196417.33-8.47-32.831 %---
196515.12-2.21-12.776 %---
196611.8-3.32-21.938 %---
196716.554.7440.199 %---
196821.55530.22 %---
196921.51-0.04-0.163 %---
197020.72-0.79-3.654 %---
197121.130.41.937 %---
197223.292.1710.264 %---
197324.81.56.45 %---
197441.4116.6166.989 %---
197535.16-6.24-15.08 %---
197639.17411.383 %---
197727.86-11.31-28.867 %---
197829.261.45.011 %---
197929.21-0.04-0.145 %---
198031.252.036.958 %---
198132.811.575.014 %---
198242.9510.1430.905 %---
198339.29-3.66-8.527 %---
198436.33-2.97-7.547 %---
198540.384.0611.167 %---
198642.422.045.045 %---
198741.15-1.27-2.998 %---
198839.92-1.22-2.975 %---
198951.3411.4228.606 %---
199053.121.783.463 %441.1--
199151.24-1.88-3.542 %446.585.481.242 %
199258.897.6514.927 %494.0847.510.637 %
199376.2117.3229.416 %529.2135.127.109 %
1994105.3929.1838.286 %573.2944.088.33 %
1995124.1418.7517.793 %617.944.67.78 %
1996141.917.7514.301 %661.2243.327.011 %
1997108.04-33.86-23.861 %701.6340.416.111 %
1998145.9537.9135.09 %741.8240.195.728 %
1999189.4943.5429.832 %824.7882.9611.184 %
2000196.627.133.762 %948.75123.9715.03 %
2001141.53-55.09-28.021 %1068.83120.0812.656 %
2002146.65.073.584 %1203.8313512.631 %
2003224.2977.6952.998 %1384.53180.715.011 %
2004224.510.220.096 %1600.84216.3115.624 %
2005252.6928.1812.55 %1860.45259.6116.217 %
2006303.550.8120.108 %2152.87292.4115.717 %
2007419.38115.8838.182 %2458.86305.9914.213 %
2008658.44239.0757.005 %2748.08289.2211.762 %
2009758.4410015.187 %3039.8291.7210.615 %
20101010.53252.0933.238 %3348.13308.3310.143 %
20111213.63203.0920.098 %3579.4231.286.908 %
20121202.67-10.96-0.903 %3845.15265.757.424 %
20131199.1-3.57-0.297 %4143.63298.487.762 %
2014129393.97.831 %4376.39232.765.617 %
20151166.73-126.27-9.765 %4458.6982.31.881 %
20161229.262.465.354 %4459.540.850.019 %
20171272.8243.633.549 %4706.43246.895.536 %
20181298.2125.391.995 %5581.28874.8418.588 %
20191425.99127.789.842 %6101.37520.19.319 %
20201490.2264.234.504 %5740.99-360.38-5.907 %
20211242.72-247.5-16.608 %5178.45-562.54-9.799 %
20221158.05-84.67-6.813 %5731.94553.4910.688 %
20231233.275.156.489 %5953.36221.423.863 %
20241359.05125.8510.205 %5997.4744.110.741 %

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
  • Contraction (1969–1970) indicating temporary slowdown
  • 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 (1992–1996) indicating robust economic expansion
  • High Growth (1998–1999) indicating robust economic expansion
  • High Growth (2005–2011) indicating robust economic expansion
  • Contraction (2012–2013) indicating temporary slowdown
  • Expansion (2017–2018) indicating steady moderate growth
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1974 with an increase of 66.989%, while the largest decline was in 1964 at -32.831%.