Myanmar's external debt stocks, long-term (DOD, current US$) was US$9.72 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 1.24% from US$9.6 billion in 2014 (0.12% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$9.72 billion | 2024 |
| Five years earlier | US$10.78 billion | 2019 |
| Ten years earlier | US$9.6 billion | 2014 |
| Highest | US$12.61 billion | 2020 |
| Lowest | US$147.21 million | 1970 |
| Average since 2015 | US$10.65 billion | 2015–2024 |
| First recorded | US$147.21 million |
What the numbers say
In 2024, Myanmar's external debt stocks, long-term (DOD, current US$) fell 7.3% on 2023 (from US$10.49 billion to US$9.72 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +2.4% and a typical year strayed about 6.2% from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 71% in 1978 and the biggest yearly fall was 9.5% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 7% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Myanmar had the 62nd highest value of the 118 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Myanmar | US$9.72 billion | 2024 |
| Lower middle income | US$1.83 trillion | 2024 |
Closest to Myanmar in the 2024 ranking
- Jamaica — 58th of 118: US$10.69 billion
- Burkina Faso — 59th of 118: US$10.19 billion
- Bosnia and Herzegovina — 60th of 118: US$10.11 billion
- Kyrgyz Republic — 62nd of 118: US$9.63 billion
- Albania — 63rd of 118: US$9.11 billion
- Zimbabwe — 64th of 118: US$9.11 billion
What this measures
Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | External debt stocks, long-term (DOD, current US$) |
|---|---|
| 2024 | 9,723,138,755 |
| 2023 | 10,485,611,018 |
| 2022 | 10,829,561,596 |
| 2021 | 11,964,321,423 |
| 2020 | 12,611,153,677 |
| 2019 | 10,776,317,737 |
| 2018 | 10,284,994,871 |
| 2017 | 10,337,138,159 |
| 2016 | 9,691,003,159 |
| 2015 | 9,780,254,208 |
External debt stocks, long-term (DOD, current US$) in nearby economies
- Cambodia — US$16.35 billion (2024)
- China — US$1.07 trillion (2024)
- Fiji — US$2.61 billion (2024)
- Indonesia — US$347.54 billion (2024)
- Lao PDR — US$16.54 billion (2024)
- Mongolia — US$35.38 billion (2024)
- Papua New Guinea — US$11.48 billion (2024)
- Philippines — US$112.43 billion (2024)
- Samoa — US$270.56 million (2024)
- Solomon Islands
More economic policy & debt data for Myanmar
- GDP (current US$) — US$81.67 billion (2025)
- GDP (current LCU) — 171.5 trillion (2025)
- GDP (constant 2015 US$) — US$61.87 billion (2025)
- GDP (constant LCU) — 75.47 trillion (2025)
- GDP per capita (current US$) — US$1,489 (2025)
- GDP per capita (current LCU) — 3.13 million (2025)
- GDP per capita (constant 2015 US$) — US$1,128 (2025)
- GDP per capita (constant LCU) — 1.38 million (2025)
- GNI (current US$) — US$79.99 billion (2025)
- GNI (current LCU) — 167.97 trillion (2025)
- GNI per capita (current LCU) — 3.06 million (2025)
Reading data like this
Questions people ask
- What is Myanmar's external debt stocks, long-term (DOD, current US$)?
- US$9.72 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 6,505% from US$147.21 million in 1970 (8.07% a year on average, compounded). The highest value was US$12.61 billion in 2020 and the lowest US$147.21 million in 1970.
- How does Myanmar rank?
- 62nd highest of 118 economies with data for 2024.
- Is the latest change in external debt stocks, long-term (DOD, current US$) unusual for Myanmar?
- In 2024, Myanmar's external debt stocks, long-term (DOD, current US$) fell 7.3% on 2023 (from US$10.49 billion to US$9.72 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +2.4% and a typical year strayed about 6.2% from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator DT.DOD.DLXF.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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