Number of Deposit Accounts, Commercial Banks, of Which: Household in Myanmar
Myanmar: Number of Deposit Accounts, Commercial Banks, of Which: Household was 16.43 million in 2020. ◆ Volatile
Number of Deposit Accounts, Commercial Banks, of Which: Household in Myanmar, 2004–2020
Source: International Monetary Fund.
Analysis
In 2020, number of deposit accounts, commercial banks, of which: household in Myanmar stood at 16.43 million. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 18.9% on the previous year and up 266.8% over ten years.
Over the whole period, number of deposit accounts, commercial banks, of which: household in Myanmar peaked at 16.43 million in 2020 and was at its lowest, 3.70 million, in 2004.
Myanmar ranks 32nd of 94 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.
Number of Deposit Accounts, Commercial Banks, of Which: Household in Myanmar, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 3.70 million | — |
| 2005 | 3.79 million | +2.3% |
| 2006 | 3.87 million | +2.3% |
| 2007 | 4.04 million | +4.1% |
| 2008 | 4.20 million | +4.0% |
| 2009 | 4.31 million | +2.7% |
| 2010 | 4.48 million | +4.0% |
| 2011 | 4.27 million | -4.7% |
| 2012 | 5.07 million | +18.7% |
| 2013 | 5.57 million | +9.9% |
| 2014 | 6.29 million | +12.9% |
| 2015 | 7.85 million | +24.9% |
| 2016 | 9.04 million | +15.1% |
| 2017 | 8.27 million | -8.5% |
| 2018 | 10.83 million | +31.0% |
| 2019 | 13.82 million | +27.6% |
| 2020 | 16.43 million | +18.9% |
Myanmar compared with similar countries
- Myanmar's 16.43 million is above the median for lower middle income countries, which is 7.37 million, 2.2× the median. (21 countries reporting)
- Myanmar's 16.43 million is above the median for East Asia & Pacific, which is 9.24 million, 1.8× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.98 million | 3.70 million | 4.31 million | 6 |
| 2010s | 7.55 million | 4.27 million | 13.82 million | 10 |
| 2020s | 16.43 million | 16.43 million | 16.43 million | 1 |
Countries ranked near Myanmar
- 29 Netherlands 20.72 million compare
- 30 Guatemala 20.37 million compare
- 31 Madagascar 17.20 million compare
- 33 Serbia 16.33 million compare
- 34 Mongolia 12.81 million
- 35 United Arab Emirates 12.32 million compare
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 number of deposit accounts, commercial banks, of which: household in Myanmar?
- Number of deposit accounts, commercial banks, of which: household in Myanmar was 16.43 million in 2020, according to International Monetary Fund.
- What is the highest number of deposit accounts, commercial banks, of which: household recorded in Myanmar?
- The highest recorded value was 16.43 million in 2020.
- What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Myanmar?
- The lowest recorded value was 3.70 million in 2004.
- How does Myanmar rank for number of deposit accounts, commercial banks, of which: household?
- Myanmar ranks 32nd out of 94 countries with data for 2020.
- Is number of deposit accounts, commercial banks, of which: household rising or falling in Myanmar?
- Over the last ten years it is up 266.8%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Monetary Fund, published as part of Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.