Myanmar's broad money (annual % growth) was 18.18% in 2020, the latest year in the World Bank's World Development Indicators. That is down 24.32 percentage points from 42.5% in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 18.18% | 2020 |
| Five years earlier | 30.67% | 2015 |
| Ten years earlier | 42.5% | 2010 |
| Highest | 43.64% | 2001 |
| Lowest | -24.66% | 1987 |
| Average since 2011 | 23.25% | 2011–2020 |
| First recorded | 2.35% | 1961 |
What the numbers say
In 2020, Myanmar's broad money (annual % growth) rose 2.63 percentage points on 2019 (from 15.54% to 18.18%).
Across the 30 yearly changes before that (1990 to 2019), the average change was −0.56 percentage points and a typical year strayed about 11.7 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 54.58 percentage points in 1988 and the biggest yearly fall was 55.99 percentage points in 1987. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is downward, about 2 percentage points a year. A straight line explains 70% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Myanmar in the 2020 ranking
- Sudan — 1st of 6: 87.99%
- Lesotho — 3rd of 6: 17.12%
- Russian Federation — 4th of 6: 16.66%
- Singapore — 5th of 6: 13.19%
What this measures
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Limitations: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period.
All 60 values
| Year | Broad money (annual % growth) |
|---|---|
| 2020 | 18.18 |
| 2019 | 15.54 |
| 2018 | 14.57 |
| 2017 | 20.54 |
| 2016 | 17.45 |
| 2015 | 30.67 |
| 2014 | 20.96 |
| 2013 | 31.43 |
| 2012 | 32.56 |
| 2011 | 30.6 |
| 2010 |
Broad money (annual % growth) in nearby economies
- Australia — 6.66% (2025)
- Brunei Darussalam — 2.15% (2025)
- Cambodia — 12.9% (2025)
- China — 6.81% (2024)
- Fiji — 8.76% (2023)
- Hong Kong SAR, China — 11.21% (2025)
- Indonesia — 9.6% (2025)
- Japan — 0.6% (2025)
- Korea, Rep. — 6.55% (2024)
- Macao SAR, China — 7.5% (2025)
- Malaysia — 4.6% (2025)
More financial sector data for Myanmar
- GDP deflator (base year varies by country) — 227.25 (2025)
- DEC alternative conversion factor (LCU per US$) — US$2,100 (2025)
- Inflation, GDP deflator (annual % growth) — 12.52% (2025)
- Domestic credit to private sector by banks (% of GDP) — 28.98% (2020)
- Monetary sector credit to private sector (% of GDP) — 28.98% (2020)
- Broad money (current LCU) — 74.68 trillion (2020)
- Broad money (% of GDP) — 69.2% (2020)
- Broad money to total reserves ratio — 7.13 (2020)
- Claims on central government, etc. (% of GDP) — 26.09% (2020)
- Domestic credit to private sector (% of GDP)
Reading data like this
Questions people ask
- What is Myanmar's broad money (annual % growth)?
- 18.18% in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1961?
- It is up 15.83 percentage points from 2.35% in 1961. The highest value was 43.64% in 2001 and the lowest -24.66% in 1987.
- Is the latest change in broad money (annual % growth) unusual for Myanmar?
- In 2020, Myanmar's broad money (annual % growth) rose 2.63 percentage points on 2019 (from 15.54% to 18.18%). Across the 30 yearly changes before that (1990 to 2019), the average change was −0.56 percentage points and a typical year strayed about 11.7 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.ZG, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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