Financial Development Index in Myanmar
Myanmar: Financial Development Index was 0.1192 in 2020. β² Rising
Financial Development Index in Myanmar, 1980β2020
Source: International Monetary Fund.
Analysis
Myanmar recorded 0.1192 for financial development index in 2020.
The figure is up 0.7% on the previous year and up 45.2% over ten years.
Over the whole period, financial development index in Myanmar peaked at 0.1216 in 2018 and was at its lowest, 0.063, in 1989.
Myanmar ranks 151st of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0977 | 0.063 | 0.1099 | 10 |
| 1990s | 0.1034 | 0.0861 | 0.1184 | 10 |
| 2000s | 0.0969 | 0.0914 | 0.1075 | 10 |
| 2010s | 0.1049 | 0.0821 | 0.1216 | 10 |
| 2020s | 0.1192 | 0.1192 | 0.1192 | 1 |
Countries ranked near Myanmar
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)
- 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)
- Monetary Sector credit to private sector 29.0% (2020)
- Broad money 69.2% (2020)
- Claims on central government, etc. 26.1% (2020)
Frequently asked questions
- What is financial development index in Myanmar?
- Financial development index in Myanmar was 0.1192 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Myanmar?
- The highest recorded value was 0.1216 in 2018.
- What is the lowest financial development index recorded in Myanmar?
- The lowest recorded value was 0.063 in 1989.
- How does Myanmar rank for financial development index?
- Myanmar ranks 151st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Myanmar?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is rising.
- Where does this Myanmar data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.