Budget balance — all countries

Budget balance — Myanmar

Budget balance in Myanmar in 2031 — -3.3%. Ranked 134 in the world out of 188. Since 1998, the indicator has risen by 1.6 pp.

2031 -3.3% +0.2 pp vs 2030
World rank 134of 188
Period maximum -1.1%2014
Period minimum -6.5%2020

Trend over time

1998–2031 · % of GDP

Budget balance — Myanmar, 1998–2031-8-6-4-201998200220062010201420182022202620301998: -4.9%1999: -4.5%2000: -6%2001: -6.3%2002: -4%2003: -4.2%2004: -4.6%2005: -3.5%2006: -3.4%2007: -3.5%2008: -2.7%2009: -3.6%2010: -5.4%2011: -4.8%2012: -2.7%2013: -1.5%2014: -1.1%2015: -4.3%2016: -2.5%2017: -3.4%2018: -2.8%2019: -4.7%2020: -6.5%2021: -2.2%2022: -2.8%2023: -2.8%2024: -4.1%2025: -4.9%2026: -5%2027: -5%2028: -4.3%2029: -3.6%2030: -3.5%2031: -3.3%
Change over the period: +1.6 pp Annual average: 0.05 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Myanmar

Myanmar -3.3%
World computed -4.85%
East Asia & Pacific computed -5.66%
South-Eastern Asia computed -1.82%
Budget balance — Myanmar, by year Myanmar All countries CSV XLSX
Year % Change, pp
2031 -3.3 +0.2 pp
2030 -3.5 +0.1 pp
2029 -3.6 +0.7 pp
2028 -4.3 +0.7 pp
2027 -5 +0 pp
2026 -5 −0.1 pp
2025 -4.9 −0.8 pp
2024 -4.1 −1.3 pp
2023 -2.8 +0 pp
2022 -2.8 −0.6 pp
2021 -2.2 +4.3 pp
2020 -6.5 −1.8 pp
2019 -4.7 −1.9 pp
2018 -2.8 +0.6 pp
2017 -3.4 −0.9 pp
2016 -2.5 +1.8 pp
2015 -4.3 −3.2 pp
2014 -1.1 +0.4 pp
2013 -1.5 +1.2 pp
2012 -2.7 +2.1 pp
2011 -4.8 +0.6 pp
2010 -5.4 −1.8 pp
2009 -3.6 −0.9 pp
2008 -2.7 +0.8 pp
2007 -3.5 −0.1 pp
2006 -3.4 +0.1 pp
2005 -3.5 +1.1 pp
2004 -4.6 −0.4 pp
2003 -4.2 −0.2 pp
2002 -4 +2.3 pp
2001 -6.3 −0.3 pp
2000 -6 −1.5 pp
1999 -4.5 +0.4 pp
1998 -4.9

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.