Broad money growth in Myanmar
Myanmar: Broad money growth was 18.2% in 2020. ◆ Volatile
Broad money growth in Myanmar, 1961–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2020, broad money growth in Myanmar stood at 18.2%.
The figure is up 16.9% on the previous year and down 57.2% over ten years.
Over the whole period, broad money growth in Myanmar peaked at 43.6% in 2001 and was at its lowest, -24.7%, in 1987.
Myanmar ranks 30th of 166 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Myanmar, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.4% | — |
| 1962 | 12.3% | +424.5% |
| 1963 | 34.3% | +178.4% |
| 1964 | -7.7% | -122.5% |
| 1965 | -8.1% | +4.4% |
| 1966 | 7.9% | -197.7% |
| 1967 | 3.1% | -60.6% |
| 1968 | 0.8% | -72.7% |
| 1969 | 0.9% | +9.1% |
| 1970 | 4.5% | +383.3% |
| 1971 | 4.6% | +3.3% |
| 1972 | 19.3% | +316.7% |
| 1973 | 20.6% | +6.9% |
| 1974 | 22.2% | +7.8% |
| 1975 | 18.7% | -16.0% |
| 1976 | 10.5% | -43.8% |
| 1977 | 4.3% | -58.8% |
| 1978 | 15.7% | +262.9% |
| 1979 | 16.7% | +6.3% |
| 1980 | 17.0% | +1.9% |
| 1981 | 20.4% | +20.2% |
| 1982 | 13.2% | -35.5% |
| 1983 | 15.6% | +18.5% |
| 1984 | 17.7% | +13.1% |
| 1985 | -1.8% | -110.0% |
| 1986 | 31.3% | -1866.8% |
| 1987 | -24.7% | -178.7% |
| 1988 | 29.9% | -221.4% |
| 1989 | 32.2% | +7.6% |
| 1990 | 37.7% | +16.9% |
| 1991 | 36.9% | -2.0% |
| 1992 | 34.2% | -7.3% |
| 1993 | 27.0% | -21.1% |
| 1994 | 33.2% | +23.1% |
| 1995 | 38.9% | +17.3% |
| 1996 | 39.0% | +0.3% |
| 1997 | 28.1% | -28.1% |
| 1998 | 33.7% | +19.9% |
| 1999 | 29.5% | -12.3% |
| 2000 | 42.4% | +43.7% |
| 2001 | 43.6% | +2.8% |
| 2002 | 35.6% | -18.5% |
| 2003 | 0.7% | -97.9% |
| 2004 | 32.1% | +4276.3% |
| 2005 | 27.3% | -14.9% |
| 2006 | 27.3% | +0.0% |
| 2007 | 29.9% | +9.6% |
| 2008 | 14.9% | -50.2% |
| 2009 | 30.6% | +105.7% |
| 2010 | 42.5% | +38.7% |
| 2011 | 30.6% | -28.0% |
| 2012 | 32.6% | +6.4% |
| 2013 | 31.4% | -3.5% |
| 2014 | 21.0% | -33.3% |
| 2015 | 30.7% | +46.4% |
| 2016 | 17.4% | -43.1% |
| 2017 | 20.5% | +17.7% |
| 2018 | 14.6% | -29.1% |
| 2019 | 15.5% | +6.7% |
| 2020 | 18.2% | +16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.1% | -8.1% | 34.3% | 9 |
| 1970s | 13.7% | 4.3% | 22.2% | 10 |
| 1980s | 15.1% | -24.7% | 32.2% | 10 |
| 1990s | 33.8% | 27.0% | 39.0% | 10 |
| 2000s | 28.5% | 0.7% | 43.6% | 10 |
| 2010s | 25.7% | 14.6% | 42.5% | 10 |
| 2020s | 18.2% | 18.2% | 18.2% | 1 |
Countries ranked near Myanmar
- 27 Sierra Leone 19.1% compare
- 28 United Arab Emirates 19.0% compare
- 29 Rwanda 18.8% compare
- 31 Comoros 18.0% compare
- 32 Armenia 17.8% compare
- 33 Burkina Faso 17.4% compare
More financial sector data for Myanmar
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Total reserves in months of imports, per capita 0 units per person (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2019)
- Total reserves in months of imports, annual growth rate 5.72 % change on previous year (2019)
- Domestic credit to private sector by banks 29.0% (2020)
- Total reserves in months of imports 3.29 (2019)
- Net domestic credit 60.94 trillion current LCU (2020)
- Net foreign assets 12.75 trillion current LCU (2020)
Frequently asked questions
- What is broad money growth in Myanmar?
- Broad money growth in Myanmar was 18.2% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Myanmar?
- The highest recorded value was 43.6% in 2001.
- What is the lowest broad money growth recorded in Myanmar?
- The lowest recorded value was -24.7% in 1987.
- How does Myanmar rank for broad money growth?
- Myanmar ranks 30th out of 166 countries with data for 2020.
- Is broad money growth rising or falling in Myanmar?
- Over the last ten years it is down 57.2%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.