Private credit by deposit money banks and other financial in Myanmar
Myanmar: Private credit by deposit money banks and other financial was 27.2% in 2020. ◆ Volatile
Private credit by deposit money banks and other financial in Myanmar, 1961–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks and other financial in Myanmar is 27.2%, measured in 2020.
That represents a change of down 4.7% on the previous year and up 431.9% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Myanmar peaked at 28.5% in 2019 and was at its lowest, 2.0%, in 1967.
That places Myanmar 132nd 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.
Private credit by deposit money banks and other financial in Myanmar, year by year
| Year | % | Change |
|---|---|---|
| 1961 | 7.1% | — |
| 1962 | 7.3% | +4.1% |
| 1963 | 4.9% | -33.3% |
| 1964 | 3.0% | -38.7% |
| 1965 | 2.0% | -32.9% |
| 1966 | 2.3% | +12.8% |
| 1967 | 2.0% | -13.2% |
| 1968 | 2.0% | +3.4% |
| 1969 | 2.3% | +10.4% |
| 1970 | 4.8% | +112.2% |
| 1971 | 4.7% | -1.5% |
| 1972 | 6.5% | +37.1% |
| 1973 | 6.9% | +6.3% |
| 1974 | 3.7% | -45.7% |
| 1975 | 3.7% | -1.1% |
| 1976 | 5.2% | +42.3% |
| 1977 | 6.1% | +16.4% |
| 1978 | 7.7% | +25.9% |
| 1979 | 6.0% | -22.2% |
| 1980 | 5.8% | -3.7% |
| 1981 | 6.2% | +8.2% |
| 1982 | 5.5% | -11.6% |
| 1983 | 5.4% | -1.2% |
| 1984 | 4.6% | -14.8% |
| 1985 | 5.0% | +8.8% |
| 1986 | 5.2% | +3.8% |
| 1987 | 4.7% | -10.3% |
| 1988 | 3.9% | -17.7% |
| 1989 | 3.2% | -16.0% |
| 1990 | 5.2% | +60.5% |
| 1991 | 7.5% | +43.1% |
| 1992 | 8.9% | +19.2% |
| 1993 | 7.6% | -14.0% |
| 1994 | 6.8% | -11.0% |
| 1995 | 8.5% | +25.1% |
| 1996 | 10.8% | +27.5% |
| 1997 | 12.1% | +11.4% |
| 1998 | 10.0% | -17.3% |
| 1999 | 8.2% | -18.4% |
| 2000 | 8.9% | +9.7% |
| 2001 | 11.2% | +24.9% |
| 2002 | 11.1% | -0.9% |
| 2003 | 4.1% | -62.7% |
| 2004 | 4.5% | +8.2% |
| 2005 | 4.7% | +4.5% |
| 2006 | 3.9% | -16.3% |
| 2007 | 3.5% | -11.3% |
| 2008 | 3.1% | -9.7% |
| 2009 | 3.6% | +13.5% |
| 2010 | 5.1% | +43.6% |
| 2011 | 7.3% | +42.6% |
| 2012 | 9.7% | +32.7% |
| 2013 | 13.5% | +39.4% |
| 2014 | 16.5% | +22.2% |
| 2015 | 19.1% | +15.9% |
| 2016 | 23.6% | +23.8% |
| 2017 | 26.5% | +12.3% |
| 2018 | 28.3% | +6.7% |
| 2019 | 28.5% | +0.7% |
| 2020 | 27.2% | -4.7% |
Myanmar compared with similar countries
- Myanmar's 27.2% is above the median for lower middle income countries, which is 24.6%, 1.1× the median. (46 countries reporting)
- Myanmar's 27.2% is below the median for East Asia & Pacific, which is 114.2%, 24% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7% | 2.0% | 7.3% | 9 |
| 1970s | 5.5% | 3.7% | 7.7% | 10 |
| 1980s | 5.0% | 3.2% | 6.2% | 10 |
| 1990s | 8.6% | 5.2% | 12.1% | 10 |
| 2000s | 5.9% | 3.1% | 11.2% | 10 |
| 2010s | 17.8% | 5.1% | 28.5% | 10 |
| 2020s | 27.2% | 27.2% | 27.2% | 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 private credit by deposit money banks and other financial in Myanmar?
- Private credit by deposit money banks and other financial in Myanmar was 27.2% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Myanmar?
- The highest recorded value was 28.5% in 2019.
- What is the lowest private credit by deposit money banks and other financial recorded in Myanmar?
- The lowest recorded value was 2.0% in 1967.
- How does Myanmar rank for private credit by deposit money banks and other financial?
- Myanmar ranks 132nd out of 187 countries with data for 2020.
- Is private credit by deposit money banks and other financial rising or falling in Myanmar?
- Over the last ten years it is up 431.9%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)