Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Myanmar
Myanmar: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 14.63 trillion in 2020. ◆ Volatile
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Myanmar, 2004–2020
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding loans, commercial banks, of which: household sector loans in Myanmar is 14.63 trillion, measured in 2020.
Compared with earlier readings it is down 13.1% on the previous year and up 2,361.9% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Myanmar peaked at 16.83 trillion in 2019 and was at its lowest, 69.47 billion, in 2004.
Myanmar ranks 15th of 134 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Myanmar, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 69.47 billion | — |
| 2005 | 144.26 billion | +107.7% |
| 2006 | 182.65 billion | +26.6% |
| 2007 | 262.84 billion | +43.9% |
| 2008 | 322.60 billion | +22.7% |
| 2009 | 405.38 billion | +25.7% |
| 2010 | 594.09 billion | +46.6% |
| 2011 | 1.04 trillion | +75.7% |
| 2012 | 1.42 trillion | +35.7% |
| 2013 | 2.53 trillion | +79.0% |
| 2014 | 3.57 trillion | +40.8% |
| 2015 | 3.41 trillion | -4.3% |
| 2016 | 7.04 trillion | +106.2% |
| 2017 | 9.92 trillion | +40.9% |
| 2018 | 12.35 trillion | +24.5% |
| 2019 | 16.83 trillion | +36.3% |
| 2020 | 14.63 trillion | -13.1% |
Myanmar compared with similar countries
- Myanmar's 14.63 trillion is above the median for lower middle income countries, which is 472.36 billion, 31.0× the median. (22 countries reporting)
- Myanmar's 14.63 trillion is above the median for East Asia & Pacific, which is 299.94 billion, 48.8× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 231.20 billion | 69.47 billion | 405.38 billion | 6 |
| 2010s | 5.87 trillion | 594.09 billion | 16.83 trillion | 10 |
| 2020s | 14.63 trillion | 14.63 trillion | 14.63 trillion | 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)
- Total reserves in months of imports, per capita 0 units per person (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2019)
- Total reserves in months of imports, annual growth rate 5.72 % change on previous year (2019)
- Reserve tranche position, SDR, per capita 0 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1985)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
Frequently asked questions
- What is outstanding loans, commercial banks, of which: household sector loans in Myanmar?
- Outstanding loans, commercial banks, of which: household sector loans in Myanmar was 14.63 trillion in 2020, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Myanmar?
- The highest recorded value was 16.83 trillion in 2019.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Myanmar?
- The lowest recorded value was 69.47 billion in 2004.
- How does Myanmar rank for outstanding loans, commercial banks, of which: household sector loans?
- Myanmar ranks 15th out of 134 countries with data for 2020.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Myanmar?
- Over the last ten years it is up 2,361.9%. 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 Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. 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.