Myanmar's net domestic credit (current LCU) was 60.94 trillion in 2020, the latest year in the World Bank's World Development Indicators. That is up 507.54% from 10.03 trillion in 2010 (19.77% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 60.94 trillion | 2020 |
| Five years earlier | 24.21 trillion | 2015 |
| Ten years earlier | 10.03 trillion | 2010 |
| Highest | 60.94 trillion | 2020 |
| Lowest | 3.85 billion | 1971 |
| Average since 2011 | 31.2 trillion | 2011–2020 |
| First recorded | 3.85 billion |
What the numbers say
In 2020, Myanmar's net domestic credit (current LCU) rose 15.1% on 2019 (from 52.94 trillion to 60.94 trillion).
Across the 30 yearly changes before that (1990 to 2019), the average change was +26.9% and a typical year strayed about 10.8% from that (the standard deviation). This year's change was 1.1 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 47.9% in 2001 and the biggest yearly fall was 10.8% in 1989. 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 upward, about 5.68 trillion a year. A straight line explains 96% 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
- Singapore — 2nd of 3: 701.01 billion
- Afghanistan — 3rd of 3: -79.38 billion
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 50 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2020 | 60,937,853,760,000 |
| 2019 | 52,942,253,560,000 |
| 2018 | 45,258,883,950,000 |
| 2017 | 38,473,916,190,000 |
| 2016 | 31,342,488,550,000 |
| 2015 | 24,208,286,400,000 |
| 2014 | 18,901,172,490,000 |
| 2013 | 15,519,161,970,000 |
| 2012 | 11,645,614,350,000 |
| 2011 | 12,800,398,000,000 |
Net domestic credit (current LCU) in nearby economies
- Australia — 5.96 trillion (2025)
- Brunei Darussalam — 6.91 billion (2025)
- Cambodia — 224.95 trillion (2025)
- China — 353.25 trillion (2024)
- Fiji — 12.36 billion (2025)
- Hong Kong SAR, China — 8.18 trillion (2025)
- Indonesia — 11,424.3 trillion (2025)
- Japan — 1,834.69 trillion (2025)
- Korea, Rep. — 5,011.73 trillion (2024)
- Macao SAR, China — 171.42 billion (2025)
- Malaysia
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 net domestic credit (current LCU)?
- 60.94 trillion in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1971?
- It is up 1.58 million% from 3.85 billion in 1971 (21.82% a year on average, compounded). The highest value was 60.94 trillion in 2020 and the lowest 3.85 billion in 1971.
- Is the latest change in net domestic credit (current LCU) unusual for Myanmar?
- In 2020, Myanmar's net domestic credit (current LCU) rose 15.1% on 2019 (from 52.94 trillion to 60.94 trillion). Across the 30 yearly changes before that (1990 to 2019), the average change was +26.9% and a typical year strayed about 10.8% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
- 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.AST.DOMS.CN, 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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