Myanmar Gross Savings Rate

Key information about Myanmar Gross Savings Rate

• Myanmar Gross Savings Rate was measured at 28.7% in Mar 2018, compared with 28.7% in the previous year.
• Myanmar Gross Savings Rate is updated yearly, with data available from Mar 1996 to Mar 2018, and an average rate of 28.7%.
• The data reached an all-time high of 28.7% in Mar 2012 and a record low of 10.2% in Mar 2003.
• CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings are calculated as Nominal GDP less Consumption Expenditure. The Central Statistical Organization provides Consumption Expenditure in local currency and Nominal GDP in local currency. Gross Domestic Savings Rate is in annual frequency, ending in March of each year.
• In the latest reports, Myanmar GDP contracted 5.9% YoY in Dec 2021. Its GDP deflator (implicit price deflator) increased 1.9% in Dec 2021.
• Myanmar GDP Per Capita reached 1,269.8 USD in Dec 2019.

View Myanmar's Gross Savings Rate from 1996 to 2018 in the chart:

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What was Myanmar's Gross Savings Rate in 2018?

Myanmar Gross Savings Rate was measured at 28.7% in Mar 2018, compared with 28.7% in the previous year. See the table below for more data.

Gross Savings Rate by Country Comparison

Myanmar Key Series

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