Secondary income balance (credit less debit), Net (credits less) in Myanmar
Myanmar: Secondary income balance (credit less debit), Net (credits less) was 2.43 billion in 2019. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Myanmar, 2005–2019
Source: International Monetary Fund.
Analysis
In 2019, secondary income balance (credit less debit), net (credits less) in Myanmar stood at 2.43 billion. That is the highest value across all 15 years on record.
The figure is up 11.3% on the previous year and up 462.0% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Myanmar peaked at 2.43 billion in 2019 and was at its lowest, 121.13 million, in 2006.
That places Myanmar 44th out of 197 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Myanmar, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 172.23 million | — |
| 2006 | 121.13 million | -29.7% |
| 2007 | 204.41 million | +68.8% |
| 2008 | 307.93 million | +50.6% |
| 2009 | 433.15 million | +40.7% |
| 2010 | 238.65 million | -44.9% |
| 2011 | 394.62 million | +65.4% |
| 2012 | 550.05 million | +39.4% |
| 2013 | 1.15 billion | +109.1% |
| 2014 | 1.24 billion | +7.6% |
| 2015 | 1.67 billion | +34.9% |
| 2016 | 2.12 billion | +26.8% |
| 2017 | 1.95 billion | -7.7% |
| 2018 | 2.19 billion | +12.0% |
| 2019 | 2.43 billion | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 247.77 million | 121.13 million | 433.15 million | 5 |
| 2010s | 1.39 billion | 238.65 million | 2.43 billion | 10 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Total reserves in months of imports, annual growth rate 5.72 % change on previous year (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2019)
- Total reserves in months of imports, per capita 0 units per person (2019)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net foreign assets (current LCU), annual growth rate 18.2 % change on previous year (2020)
- Net foreign assets (current LCU), per unit of GDP 161.32 current LCU per US$ of GDP (2020)
- Net foreign assets (current LCU), per capita 240,399 current LCU per person (2020)
- Net migration, annual growth rate -4.43 % change on previous year (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Myanmar?
- Secondary income balance (credit less debit), net (credits less) in Myanmar was 2.43 billion in 2019, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Myanmar?
- The highest recorded value was 2.43 billion in 2019.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Myanmar?
- The lowest recorded value was 121.13 million in 2006.
- How does Myanmar rank for secondary income balance (credit less debit), net (credits less)?
- Myanmar ranks 44th out of 197 countries with data for 2019.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Myanmar?
- Over the last ten years it is up 462.0%. 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 Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.