Myanmar's net trade in goods and services (current US$, BoP) was US$167.25 million in 2019, the latest year in the World Bank's World Development Indicators. That is down 92.79% from US$2.32 billion in 2009 (23.12% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$167.25 million | 2019 |
| Five years earlier | −US$954.41 million | 2014 |
| Ten years earlier | US$2.32 billion | 2009 |
| Highest | US$3.06 billion | 2010 |
| Lowest | −US$4.83 billion | 2017 |
| Average since 2010 | −US$957.64 million | 2010–2019 |
| First recorded | −US$35.93 million |
What the numbers say
In 2019, Myanmar's net trade in goods and services (current US$, BoP) rose US$3.1 billion on 2018 (from −US$2.94 billion to US$167.25 million).
Across the 30 yearly changes before that (1989 to 2018), the average change was −US$91.47 million and a typical year strayed about US$976.05 million from that (the standard deviation). This year's change was 3.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$3.1 billion in 2019 and the biggest yearly fall was US$3.18 billion in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2010 to 2019 the straight-line trend is downward, about US$493.48 million a year. A straight line explains 45% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 44 values
| Year | Net trade in goods and services (current US$, BoP) |
|---|---|
| 2019 | 167,245,039 |
| 2018 | -2,936,193,293 |
| 2017 | -4,829,984,761 |
| 2016 | -2,306,518,796 |
| 2015 | -2,458,409,704 |
| 2014 | -954,412,174 |
| 2013 | 444,485,705 |
| 2012 | 363,652,291 |
| 2011 | -123,704,014 |
| 2010 | 3,057,456,206 |
Net trade in goods and services (current US$, BoP) in nearby economies
- Australia — US$4.58 billion (2025)
- Brunei Darussalam — US$2.94 billion (2025)
- Cambodia — −US$3.44 billion (2025)
- China — US$822.44 billion (2025)
- Fiji — −US$604.27 million (2024)
- French Polynesia — −US$670.14 million (2016)
- Hong Kong SAR, China — US$12.43 billion (2025)
- Indonesia — US$29.65 billion (2025)
- Japan — −US$26.84 billion (2025)
- Kiribati
More economic policy & debt data for Myanmar
- GDP (current US$) — 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$79.99 billion (2025)
- GNI (current LCU) — 167.97 trillion (2025)
- GNI per capita (current LCU) — 3.06 million (2025)
Reading data like this
Questions people ask
- What is Myanmar's net trade in goods and services (current US$, BoP)?
- US$167.25 million in 2019, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is up 565.42% from −US$35.93 million in 1976. The highest value was US$3.06 billion in 2010 and the lowest −US$4.83 billion in 2017.
- Is the latest change in net trade in goods and services (current US$, BoP) unusual for Myanmar?
- In 2019, Myanmar's net trade in goods and services (current US$, BoP) rose US$3.1 billion on 2018 (from −US$2.94 billion to US$167.25 million). Across the 30 yearly changes before that (1989 to 2018), the average change was −US$91.47 million and a typical year strayed about US$976.05 million from that (the standard deviation). This year's change was 3.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator BN.GSR.GNFS.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, 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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