Myanmar Gross Savings Rate

1996 - 2018 | Yearly | % | CEIC Data

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:

Myanmar Gross Savings Rate

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.

Last Previous Min Max Unit Frequency Range
28.7 2018 26.7 2017 10.2 2003 37.0 2012 % yearly 1996 - 2018

Gross Savings Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 17.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 36.1 2021 yearly 2000 - 2021
Argentina (%) 11.0 Mar 2023 quarterly Mar 2004 - Mar 2023
Armenia (%) 15.6 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 27.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Azerbaijan (%) 30.6 Mar 2024 quarterly Mar 2001 - Mar 2024
Bahrain (%) 38.6 2022 yearly 1989 - 2022
Bangladesh (%) 30.4 2021 yearly 2006 - 2021
Belarus (%) 23.6 Mar 2024 quarterly Mar 1992 - Mar 2024
Belgium (%) 25.8 Mar 2024 quarterly Mar 1980 - Mar 2024
Bolivia (%) 13.1 Mar 2024 quarterly Mar 1990 - Mar 2024
Bosnia and Herzegovina (%) 5.9 Mar 2024 quarterly Mar 2008 - Mar 2024
Botswana (%) 24.7 Mar 2024 quarterly Mar 1994 - Mar 2024
Brazil (%) 16.4 Jun 2024 quarterly Mar 1991 - Jun 2024
Brunei (%) 60.0 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 21.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Cambodia (%) 34.1 2022 yearly 1993 - 2022
Canada (%) 20.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (%) 20.2 Jun 2024 quarterly Mar 1996 - Jun 2024
China (%) 44.3 2023 yearly 1952 - 2023
Colombia (%) 8.6 Dec 2022 quarterly Mar 2005 - Dec 2022
Croatia (%) 18.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Cyprus (%) 20.6 Mar 2024 quarterly Mar 1995 - Mar 2024
Czech Republic (%) 33.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (%) 32.8 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (%) 22.2 Mar 2024 quarterly Mar 1991 - Mar 2024
Egypt (%) 7.8 2023 yearly 1969 - 2023
Estonia (%) 29.7 Dec 2022 quarterly Mar 1993 - Dec 2022
European Union (%) 25.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 21.1 Jun 2024 quarterly Mar 1990 - Jun 2024
France (%) 14.2 Dec 2017 quarterly Mar 1949 - Dec 2017
Georgia (%) 14.9 Mar 2024 quarterly Mar 1996 - Mar 2024
Germany (%) 29.6 Mar 2023 quarterly Mar 1991 - Mar 2023
Ghana (%) 9.9 2023 yearly 2006 - 2023
Greece (%) 10.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (%) 23.5 Mar 2024 quarterly Mar 1999 - Mar 2024
Hungary (%) 30.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Iceland (%) 23.1 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 30.2 2023 yearly 1951 - 2023
Indonesia (%) 36.8 Jun 2024 quarterly Mar 2010 - Jun 2024
Iran (%) 26.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 56.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (%) 25.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (%) 23.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Ivory Coast (%) 23.9 2023 yearly 1960 - 2023
Japan (%) 28.8 Mar 2022 quarterly Mar 1980 - Mar 2022
Jordan (%) 2.9 2023 yearly 1963 - 2023
Kazakhstan (%) 44.9 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 12.1 2022 yearly 2006 - 2022
South Korea (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Kosovo (%) -5.7 Mar 2024 quarterly Mar 2010 - Mar 2024
Kuwait (%) 44.9 2022 yearly 1970 - 2022
Kyrgyzstan (%) -4.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 18.4 2016 yearly 2000 - 2016
Latvia (%) 19.6 Jun 2024 quarterly Mar 1995 - Jun 2024
Lebanon (%) -25.5 2021 yearly 1990 - 2021
Lithuania (%) 19.3 Mar 2024 quarterly Mar 1995 - Mar 2024
Luxembourg (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 16.6 Dec 2022 quarterly Mar 2001 - Dec 2022
North Macedonia (%) 7.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (%) 11.2 2019 yearly 1977 - 2019
Malaysia (%) 26.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Malta (%) 39.3 Jun 2024 quarterly Mar 1992 - Jun 2024
Mauritius (%) 21.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Mexico (%) 16.7 Mar 2024 quarterly Mar 1993 - Mar 2024
Moldova (%) -6.3 Mar 2024 quarterly Mar 1995 - Mar 2024
Mongolia (%) 35.8 Dec 2022 quarterly Mar 2005 - Dec 2022
Montenegro (%) -8.0 Mar 2024 quarterly Mar 2010 - Mar 2024
Morocco (%) 28.6 2023 yearly 1975 - 2023
Mozambique (%) 4.8 2023 yearly 1969 - 2022
Myanmar (%) 28.7 2018 yearly 1996 - 2018
Nepal (%) 35.6 2024 yearly 2001 - 2024
Netherlands (%) 29.6 Mar 2024 quarterly Mar 1995 - Mar 2024
New Zealand (%) 20.3 Sep 2022 quarterly Jun 1987 - Sep 2022
Nigeria (%) 34.6 2023 yearly 1981 - 2023
Norway (%) 37.2 Jun 2024 quarterly Mar 1978 - Jun 2024
Oman (%) 34.7 2022 yearly 1980 - 2022
Pakistan (%) 6.8 2024 yearly 2000 - 2024
Palestinian Territory (%) -2.8 Mar 2024 quarterly Mar 2011 - Mar 2024
Panama (%) 35.8 2021 yearly 1960 - 2021
Paraguay (%) 25.4 Mar 2024 quarterly Mar 1994 - Mar 2024
Peru (%) 21.5 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (%) 10.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 19.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 21.0 Mar 2024 quarterly Mar 1999 - Mar 2024
Qatar (%) 66.3 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 16.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (%) 28.1 Mar 2024 quarterly Mar 1993 - Mar 2024
Saudi Arabia (%) 37.4 Mar 2024 quarterly Mar 2003 - Mar 2024
Serbia (%) 17.8 Mar 2024 quarterly Mar 1995 - Mar 2024
Singapore (%) 48.6 2023 yearly 1960 - 2023
Slovakia (%) 18.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Slovenia (%) 28.1 Mar 2024 quarterly Mar 1995 - Mar 2024
South Africa (%) 12.7 Mar 2024 quarterly Mar 1960 - Mar 2024
Spain (%) 22.7 Mar 2024 quarterly Mar 1999 - Mar 2024
Sri Lanka (%) 26.1 Sep 2022 quarterly Mar 2010 - Sep 2022
Sudan (%) 13.7 2014 yearly 1960 - 2014
Sweden (%) 29.3 Jun 2024 quarterly Mar 1980 - Jun 2024
Switzerland (%) 34.3 Jun 2024 quarterly Mar 1990 - Jun 2024

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Myanmar Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.6 2021 yearly 1986 - 2021
Consolidated Fiscal Balance (USD mn) -5,489.382 2021 yearly 1980 - 2021
Tax Revenue (USD mn) 365.783 Jul 2022 monthly Apr 2012 - Jul 2022
Tax Revenue: % of GDP (%) 4.4 2021 yearly 2005 - 2021
Forecast: Government Expenditure (MMK bn) 56,281.157 2029 yearly 1998 - 2029
Forecast: Government Net Debt (MMK bn) 145,688.721 2029 yearly 1998 - 2029
Forecast: Government Revenue (MMK bn) 45,040.749 2029 yearly 1998 - 2029
Budget: Government Deficit/Surplus (MMK mn) 262,124.885 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: TR: PPC: Excise duty (MMK mn) 328.400 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: Expense (EX) (MMK mn) 4,756,528.913 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: Net Borrowing/ Net Lending (MMK mn) 489,755.540 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: Total Expenditure (MMK mn) 6,074,530.540 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: Revenue (MMK mn) 6,088,337.600 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: TR: PPC: Specific Goods Tax (MMK mn) 442,555.149 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: TR: Tax on Income and Profit (MMK mn) 991,925.230 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: Total Revenue (MMK mn) 6,336,655.425 Sep 2023 quarterly Dec 2018 - Sep 2023
Budget: Net Capital Expenditure (NEX) (MMK mn) 842,053.147 Sep 2023 quarterly Dec 2018 - Sep 2023
State Budget: Expenditure (MMK mn) 25,692,973.000 2021 yearly 2019 - 2021
State Budget: Surplus of Deficit (MMK mn) -8,181,794.910 2021 yearly 2019 - 2021
State Budget: Revenue (MMK mn) 17,511,178.090 2021 yearly 2019 - 2021
State Govt Revenue: Tax: Income (MMK mn) 332,258.000 Jul 2022 monthly Jan 2005 - Jul 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.759 2028 yearly 1999 - 2028
Trade Balance (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Total Exports (USD mn) 1,497.8 Jul 2022 monthly Jul 2010 - Jul 2022
Total Exports Growth (%) 42.9 Jul 2022 monthly Jul 2011 - Jul 2022
Aluminum: Exports (USD th) 24,879.741 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 50.074 2022 yearly 1996 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 0.172 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,313.9 Jul 2022 monthly Jul 2010 - Jul 2022
Total Imports Growth (%) 38.4 Jul 2022 monthly Jul 2011 - Jul 2022
Imports: Medicament (USD th) 467,037.680 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 145,193.038 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 68.860 Jul 2022 monthly Aug 2010 - Jul 2022
Total Imports from USA (USD mn) 7.630 Jul 2022 monthly Jul 2010 - Jul 2022
Total Exports to China (USD mn) 267.080 Jul 2022 monthly Jul 2010 - Jul 2022
Total Imports from China (USD mn) 363.850 Jul 2022 monthly Jul 2010 - Jul 2022
Re Exports (USD mn) 790.600 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Plastic (USD mn) 53.200 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Matpe (USD mn) 26.100 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Teak Log (USD mn) 0.400 Mar 2015 monthly Jan 2011 - Mar 2015
Exports: Fish & Fish Products (USD mn) 40.500 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Gas (USD mn) 356.100 Jul 2022 monthly Aug 2010 - Jul 2022
Imports: Machinery Non-Electric & Transport Equipment (USD mn) 68.900 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Fabric of Artificial & Synthetics Fabric (USD mn) 100.700 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Edible Vegetable Oil & Other Hydrogenated Oils (USD mn) 70.600 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Refined Mineral Oil (USD mn) 434.400 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: Sesamum Seeds (USD mn) 12.900 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: Thailand (USD mn) 165.050 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: India (USD mn) 42.000 Jul 2022 monthly Jul 2010 - Jul 2022
Exports: China (USD mn) 267.080 Jul 2022 monthly Jul 2010 - Jul 2022
Imports: China (USD mn) 363.850 Jul 2022 monthly Jul 2010 - Jul 2022
Export Volume Index (2015=100) 80.286 2021 yearly 1981 - 2021
Import Volume Index (2015=100) 65.280 2021 yearly 1981 - 2021
Export Value Index (2015=100) 132.515 2021 yearly 1980 - 2021
Import Value Index (2015=100) 84.821 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) -611.7 Sep 2023 quarterly Mar 1976 - Sep 2023
Foreign Direct Investment (USD mn) 274.7 Sep 2023 quarterly Mar 1976 - Sep 2023
Foreign Direct Investment: % of GDP (%) 0.6 Sep 2021 quarterly Dec 2017 - Sep 2021
External Debt (USD mn) 12,537.5 2022 yearly 1970 - 2022
External Debt: % of GDP (%) 16.7 2020 yearly 2018 - 2020
External Debt: Short Term (USD mn) 31.8 2022 yearly 1973 - 2022
External Debt: Short Term: % of GDP (%) 0.1 2020 yearly 2018 - 2020
Forecast: Current Account Balance (USD bn) -1.384 2028 yearly 1998 - 2028
Net International Investment Position (USD mn) -35,240.992 Sep 2020 quarterly Mar 1999 - Sep 2020
BoP: CA: Exports (f.o.b) (USD mn) 2,018.200 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Primary Income: Net (USD mn) -196.100 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Secondary Income: Net (USD mn) 250.200 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Secondary Income: Payments (USD mn) 78.800 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Primary Income: Payments (USD mn) 542.700 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Financial Account: Liabilities (USD mn) 115.600 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Financial Account (USD mn) -1,019.700 Sep 2023 quarterly Mar 2014 - Sep 2023
Balance of Payment(BoP): Current Account (CA) (USD mn) -611.700 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Services: Receipts (USD mn) 640.900 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Capital Account: Receipts (USD mn) 0.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Imports (f.o.b) (USD mn) 2,935.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Net Errors and Omissions (USD mn) 156.600 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Services: Payments (USD mn) 390.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Services: Net (USD mn) 250.900 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Primary Income: Receipts (USD mn) 346.700 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Financial Account: Assets (USD mn) -904.100 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: CA: Secondary Income: Receipts (USD mn) 329.100 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Capital Account: Net (USD mn) 0.000 Sep 2023 quarterly Mar 2014 - Sep 2023
BoP: Capital Account: Payments (USD mn) 0.000 Sep 2023 quarterly Mar 2014 - Sep 2023
FDI: PE: Value: Power (USD mn) 702.400 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Hong Kong (USD mn) 58.630 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Mining (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
FDI: PE: Value: Japan (USD mn) 3.100 May 2022 monthly Feb 2004 - May 2022
FDI: PE: Value: Singapore (USD mn) 1,086.470 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value (USD mn) 1,198.530 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: China (USD mn) 44.590 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Manufacturing (USD mn) 89.520 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: South Korea (USD mn) 2.800 Jul 2022 monthly Feb 2004 - Jul 2022
FDI: PE: Value: Oil & Gas (USD mn) 0.000 Dec 2021 monthly Feb 2004 - Dec 2021
Monetary Last Frequency Range
Money Supply M1 (USD mn) 19,437.950 Sep 2023 monthly Apr 2012 - Sep 2023
Money Supply M2 (USD mn) 56,858.041 Jan 2021 monthly Apr 2012 - Jan 2021
M2 Growth (%) 13.3 Sep 2023 quarterly Dec 2002 - Sep 2023
Reserve Requirement Ratio (%) 3.8 Aug 2024 monthly May 2011 - Aug 2024
Foreign Exchange Reserves (USD mn) 8,473.8 Mar 2024 quarterly Dec 1950 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 5.2 Jun 2022 quarterly Sep 2010 - Jun 2022
Gold Reserves (USD mn) 521.110 Mar 2024 monthly Dec 1950 - Mar 2024
Total Deposits (USD mn) 63,663.584 2023 yearly 1960 - 2023
Domestic Credit (USD mn) 45,836.4 Jan 2021 monthly Apr 2012 - Jan 2021
Domestic Credit Growth (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Private Debt: % of Nominal GDP (%) 28.98 2020 yearly 1960 - 2020
Reserve Requirement Rate: MMK (%) 3.750 Aug 2024 monthly May 2011 - Aug 2024
Money Stock: M1 (MMK mn) 40,819,695.490 Sep 2023 quarterly Jun 2013 - Sep 2023
Money Stock: Total Deposits (MMK mn) 58,998,880.640 Sep 2023 quarterly Jun 2013 - Sep 2023
Money Stock: YoY Growth: M2 (MMK mn) 13.280 Sep 2023 quarterly Jun 2013 - Sep 2023
Money Stock: YoY Growth: Total Deposits (MMK mn) 18.650 Sep 2023 quarterly Jun 2013 - Sep 2023
Money Stock: M2 (MMK mn) 90,631,549.980 Sep 2023 quarterly Jun 2013 - Sep 2023
Money Stock: M0 (MMK mn) 41,577,565.430 Sep 2023 quarterly Jun 2013 - Sep 2023

More Indicators for Myanmar

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