Monetary Sector credit to private sector (% GDP) in Myanmar
Myanmar: Monetary Sector credit to private sector (% GDP) was 29.0% in 2020. ◆ Volatile
Monetary Sector credit to private sector in Myanmar, 1960–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2020, monetary sector credit to private sector in Myanmar stood at 29.0%. That is the highest value across all 61 years on record.
Compared with earlier readings it is up 8.8% on the previous year and up 508.0% over ten years.
Over the whole period, monetary sector credit to private sector in Myanmar peaked at 29.0% in 2020 and was at its lowest, 1.9%, in 1967.
That places Myanmar 119th out of 187 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector (% GDP) in Myanmar, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 6.2% | — |
| 1961 | 7.0% | +12.9% |
| 1962 | 7.2% | +2.7% |
| 1963 | 4.6% | -36.1% |
| 1964 | 3.2% | -31.1% |
| 1965 | 1.9% | -39.8% |
| 1966 | 2.3% | +20.4% |
| 1967 | 1.9% | -17.4% |
| 1968 | 1.9% | +1.3% |
| 1969 | 2.2% | +14.2% |
| 1970 | 4.7% | +114.8% |
| 1971 | 4.7% | -0.6% |
| 1972 | 6.4% | +36.1% |
| 1973 | 6.6% | +3.5% |
| 1974 | 3.0% | -54.5% |
| 1975 | 3.4% | +12.3% |
| 1976 | 4.9% | +44.7% |
| 1977 | 5.9% | +20.8% |
| 1978 | 7.4% | +26.3% |
| 1979 | 5.7% | -23.5% |
| 1980 | 5.5% | -2.9% |
| 1981 | 5.9% | +7.3% |
| 1982 | 5.3% | -10.9% |
| 1983 | 5.3% | -0.0% |
| 1984 | 4.5% | -15.2% |
| 1985 | 4.9% | +10.4% |
| 1986 | 5.1% | +3.3% |
| 1987 | 4.4% | -14.4% |
| 1988 | 3.7% | -15.8% |
| 1989 | 2.6% | -28.8% |
| 1990 | 4.7% | +81.3% |
| 1991 | 6.8% | +42.5% |
| 1992 | 7.8% | +14.9% |
| 1993 | 6.5% | -16.8% |
| 1994 | 6.0% | -7.3% |
| 1995 | 7.6% | +26.5% |
| 1996 | 9.6% | +26.2% |
| 1997 | 10.3% | +7.9% |
| 1998 | 9.7% | -6.0% |
| 1999 | 8.1% | -16.5% |
| 2000 | 9.5% | +17.5% |
| 2001 | 11.0% | +15.6% |
| 2002 | 10.3% | -6.0% |
| 2003 | 4.1% | -60.4% |
| 2004 | 4.7% | +15.7% |
| 2005 | 4.7% | -1.8% |
| 2006 | 3.9% | -16.7% |
| 2007 | 3.4% | -11.7% |
| 2008 | 3.1% | -8.8% |
| 2009 | 3.5% | +11.2% |
| 2010 | 4.8% | +37.3% |
| 2011 | 6.7% | +41.5% |
| 2012 | 9.3% | +38.0% |
| 2013 | 12.8% | +37.9% |
| 2014 | 15.6% | +21.3% |
| 2015 | 18.1% | +16.4% |
| 2016 | 22.0% | +21.4% |
| 2017 | 24.5% | +11.3% |
| 2018 | 26.2% | +7.0% |
| 2019 | 26.6% | +1.6% |
| 2020 | 29.0% | +8.8% |
Myanmar compared with similar countries
- Myanmar's 29.0% is above the median for lower middle income countries, which is 23.7%, 1.2× the median. (46 countries reporting)
- Myanmar's 29.0% is below the median for East Asia & Pacific, which is 65.2%, 44% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.8% | 1.9% | 7.2% | 10 |
| 1970s | 5.3% | 3.0% | 7.4% | 10 |
| 1980s | 4.7% | 2.6% | 5.9% | 10 |
| 1990s | 7.7% | 4.7% | 10.3% | 10 |
| 2000s | 5.8% | 3.1% | 11.0% | 10 |
| 2010s | 16.7% | 4.8% | 26.6% | 10 |
| 2020s | 29.0% | 29.0% | 29.0% | 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 monetary sector credit to private sector in Myanmar?
- Monetary sector credit to private sector in Myanmar was 29.0% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Myanmar?
- The highest recorded value was 29.0% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Myanmar?
- The lowest recorded value was 1.9% in 1967.
- How does Myanmar rank for monetary sector credit to private sector?
- Myanmar ranks 119th out of 187 countries with data for 2020.
- Is monetary sector credit to private sector rising or falling in Myanmar?
- Over the last ten years it is up 508.0%. 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 Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.