Myanmar's public and publicly guaranteed debt service (% of GNI) was 0.91% in 2024, the latest year in the World Bank's World Development Indicators. That is down 0.08 percentage points from 0.99% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.91% | 2024 |
| Five years earlier | 0.87% | 2019 |
| Ten years earlier | 0.99% | 2014 |
| Highest | 14.29% | 1986 |
| Lowest | 0.18% | 2003 |
| Average since 2015 | 1.05% | 2015–2024 |
| First recorded | 3.21% | 1970 |
What the numbers say
In 2024, Myanmar's public and publicly guaranteed debt service (% of GNI) fell 0.27 percentage points on 2023 (from 1.18% to 0.91%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.09 percentage points and a typical year strayed about 0.97 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 5.1 percentage points in 1979 and the biggest yearly fall was 6.52 percentage points in 1990. 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 5% 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 98th highest value of the 117 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 | 0.91% | 2024 |
| Lower middle income | 1.85% | 2024 |
Closest to Myanmar in the 2024 ranking
- Comoros — 94th of 117: 1%
- Sierra Leone — 95th of 117: 0.98%
- Russian Federation — 96th of 117: 0.93%
- Nepal — 98th of 117: 0.87%
- Liberia — 99th of 117: 0.79%
- Ethiopia — 100th of 117: 0.73%
What this measures
Public and publicly guaranteed debt service to gross national income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | Public and publicly guaranteed debt service (% of GNI) |
|---|---|
| 2024 | 0.9092 |
| 2023 | 1.18 |
| 2022 | 1.48 |
| 2021 | 1.21 |
| 2020 | 0.6602 |
| 2019 | 0.868 |
| 2018 | 1.24 |
| 2017 | 0.9768 |
| 2016 | 1.17 |
| 2015 | 0.8386 |
| 2014 |
Public and publicly guaranteed debt service (% of GNI) in nearby economies
- Cambodia — 1.18% (2024)
- China — 0.43% (2024)
- Fiji — 2.91% (2024)
- Indonesia — 2.81% (2024)
- Lao PDR — 5.31% (2024)
- Mongolia — 6.43% (2024)
- Papua New Guinea — 2.16% (2024)
- Philippines — 1.85% (2024)
- Samoa — 2.95% (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 public and publicly guaranteed debt service (% of GNI)?
- 0.91% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 2.31 percentage points from 3.21% in 1970. The highest value was 14.29% in 1986 and the lowest 0.18% in 2003.
- How does Myanmar rank?
- 98th highest of 117 economies with data for 2024.
- Is the latest change in public and publicly guaranteed debt service (% of GNI) unusual for Myanmar?
- In 2024, Myanmar's public and publicly guaranteed debt service (% of GNI) fell 0.27 percentage points on 2023 (from 1.18% to 0.91%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.09 percentage points and a typical year strayed about 0.97 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.TDS.DPPG.GN.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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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