Myanmar Country profile


January 2020

Myanmar faces a slowing economy, exchange rate and inflation volatility, and ongoing political conflict and policy uncertainty ahead of elections in late 2020. The long-standing Rohingya crisis overshadows the ongoing democratic transition and opening of the economy following 49 years of military rule. International relations remain strained because of the army’s heavy presence in both government and business. Myanmar lags most of emerging and developing Asia on measures of incomes, creditworthiness and ease of doing business.

This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and creditworthiness. Per capita income is in current US dollars between 2020 and 2024 as provided by the IMF. Annual GDP growth is the five-year average between 2020 and 2024. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country's ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.