Number of Depositors, Commercial Banks, of Which: Household Sector in Myanmar
Myanmar: Number of Depositors, Commercial Banks, of Which: Household Sector was 14.04 million in 2020. ▲ Rising
Number of Depositors, Commercial Banks, of Which: Household Sector in Myanmar, 2004–2020
Source: International Monetary Fund.
Analysis
Myanmar recorded 14.04 million for number of depositors, commercial banks, of which: household sector in 2020. That is the highest value across all 17 years on record.
That represents a change of up 11.9% on the previous year and up 213.4% over ten years.
Over the whole period, number of depositors, commercial banks, of which: household sector in Myanmar peaked at 14.04 million in 2020 and was at its lowest, 3.70 million, in 2004.
Myanmar ranks 18th of 72 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Number of Depositors, Commercial Banks, of Which: Household Sector 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 | 5.56 million | +9.7% |
| 2014 | 6.28 million | +13.0% |
| 2015 | 6.88 million | +9.4% |
| 2016 | 9.03 million | +31.3% |
| 2017 | 6.53 million | -27.6% |
| 2018 | 8.55 million | +30.9% |
| 2019 | 12.54 million | +46.7% |
| 2020 | 14.04 million | +11.9% |
Myanmar compared with similar countries
- Myanmar's 14.04 million is above the median for lower middle income countries, which is 2.15 million, 6.5× the median. (19 countries reporting)
- Myanmar's 14.04 million is above the median for East Asia & Pacific, which is 4.65 million, 3.0× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.98 million | 3.70 million | 4.31 million | 6 |
| 2010s | 6.92 million | 4.27 million | 12.54 million | 10 |
| 2020s | 14.04 million | 14.04 million | 14.04 million | 1 |
Countries ranked near Myanmar
- 15 Uganda 21.11 million compare
- 16 Malaysia 19.05 million compare
- 17 Azerbaijan 15.40 million compare
- 19 Tajikistan 11.41 million compare
- 20 United Arab Emirates 11.35 million compare
- 21 Ecuador 11.19 million
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 depositors, commercial banks, of which: household sector in Myanmar?
- Number of depositors, commercial banks, of which: household sector in Myanmar was 14.04 million in 2020, according to International Monetary Fund.
- What is the highest number of depositors, commercial banks, of which: household sector recorded in Myanmar?
- The highest recorded value was 14.04 million in 2020.
- What is the lowest number of depositors, commercial banks, of which: household sector recorded in Myanmar?
- The lowest recorded value was 3.70 million in 2004.
- How does Myanmar rank for number of depositors, commercial banks, of which: household sector?
- Myanmar ranks 18th out of 72 countries with data for 2020.
- Is number of depositors, commercial banks, of which: household sector rising or falling in Myanmar?
- Over the last ten years it is up 213.4%. 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 Number of Depositors, Commercial Banks, of Which: Household Sector Depositors. 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.