Domestic credit to private sector in Myanmar
Myanmar: Domestic credit to private sector was 27.7% in 2020. ◆ Volatile
Domestic credit to private sector in Myanmar, 1961–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Myanmar is 27.7%, measured in 2020.
That represents a change of down 2.7% on the previous year and up 438.8% over ten years.
Over the whole period, domestic credit to private sector in Myanmar peaked at 28.5% in 2019 and was at its lowest, 2.0%, in 1967.
Myanmar ranks 130th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Myanmar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 7.1% | — |
| 1962 | 7.3% | +4.1% |
| 1963 | 4.9% | -33.3% |
| 1964 | 3.0% | -38.7% |
| 1965 | 2.0% | -32.9% |
| 1966 | 2.3% | +12.8% |
| 1967 | 2.0% | -13.2% |
| 1968 | 2.0% | +3.4% |
| 1969 | 2.3% | +10.4% |
| 1970 | 4.8% | +112.2% |
| 1971 | 4.7% | -1.5% |
| 1972 | 6.5% | +37.1% |
| 1973 | 6.9% | +6.3% |
| 1974 | 3.7% | -45.7% |
| 1975 | 3.7% | -1.1% |
| 1976 | 5.2% | +42.3% |
| 1977 | 6.1% | +16.4% |
| 1978 | 7.7% | +25.9% |
| 1979 | 6.0% | -22.2% |
| 1980 | 5.8% | -3.7% |
| 1981 | 6.2% | +8.2% |
| 1982 | 5.5% | -11.6% |
| 1983 | 5.4% | -1.2% |
| 1984 | 4.6% | -14.8% |
| 1985 | 5.0% | +8.8% |
| 1986 | 5.2% | +3.8% |
| 1987 | 4.7% | -10.3% |
| 1988 | 3.9% | -17.7% |
| 1989 | 3.2% | -16.0% |
| 1990 | 5.2% | +60.5% |
| 1991 | 7.5% | +43.1% |
| 1992 | 8.9% | +19.2% |
| 1993 | 7.6% | -14.0% |
| 1994 | 6.8% | -11.0% |
| 1995 | 8.5% | +25.1% |
| 1996 | 10.8% | +27.5% |
| 1997 | 12.1% | +11.4% |
| 1998 | 11.4% | -5.3% |
| 1999 | 9.3% | -18.4% |
| 2000 | 10.2% | +9.7% |
| 2001 | 12.8% | +24.9% |
| 2002 | 12.7% | -0.9% |
| 2003 | 4.7% | -62.7% |
| 2004 | 5.1% | +8.2% |
| 2005 | 5.4% | +4.5% |
| 2006 | 4.5% | -16.3% |
| 2007 | 4.0% | -11.3% |
| 2008 | 3.5% | -12.7% |
| 2009 | 3.7% | +7.4% |
| 2010 | 5.1% | +38.1% |
| 2011 | 7.3% | +41.0% |
| 2012 | 9.8% | +34.8% |
| 2013 | 13.6% | +39.3% |
| 2014 | 16.5% | +20.9% |
| 2015 | 19.1% | +15.9% |
| 2016 | 23.6% | +23.8% |
| 2017 | 26.5% | +12.3% |
| 2018 | 28.3% | +6.7% |
| 2019 | 28.5% | +0.7% |
| 2020 | 27.7% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7% | 2.0% | 7.3% | 9 |
| 1970s | 5.5% | 3.7% | 7.7% | 10 |
| 1980s | 5.0% | 3.2% | 6.2% | 10 |
| 1990s | 8.8% | 5.2% | 12.1% | 10 |
| 2000s | 6.7% | 3.5% | 12.8% | 10 |
| 2010s | 17.8% | 5.1% | 28.5% | 10 |
| 2020s | 27.7% | 27.7% | 27.7% | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1985)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1985)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1985)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1985)
Frequently asked questions
- What is domestic credit to private sector in Myanmar?
- Domestic credit to private sector in Myanmar was 27.7% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Myanmar?
- The highest recorded value was 28.5% in 2019.
- What is the lowest domestic credit to private sector recorded in Myanmar?
- The lowest recorded value was 2.0% in 1967.
- How does Myanmar rank for domestic credit to private sector?
- Myanmar ranks 130th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Myanmar?
- Over the last ten years it is up 438.8%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.