Burma (Myanmar): External debt

* indicates monthly or quarterly data series
 Burma (Myanmar)

External debt, percent of Gross National Income

 Latest value 20.60
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 97.84
 Min - Max 15.39 - 318.77
 Source The World Bank
For that indicator, we provide data for Burma (Myanmar) from 1970 to 2022. The average value for Burma (Myanmar) during that period was 97.84 percent with a minimum of 15.39 percent in 2019 and a maximum of 318.77 percent in 1988. The latest value from 2022 is 20.6 percent. For comparison, the world average in 2022 based on 113 countries is 56.76 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Burma (Myanmar) - External debt - Recent values chart

Historical chart
Burma (Myanmar) - External debt - historical chart - 1970-2022

The external debt of Burma (Myanmar) and other countries is reported as the total international obligations of the country as percent of its GDP. External debt of less than 60 percent of GDP is not a problem. At higher levels, paying the interest on the debt may start to become difficult.
Definition: Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. 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.

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 Related indicators Latest value Reference Measure
 Terms of trade 127.03 2021 percent
 Financial openness -1.242 2021 index points
 Foreign Direct Investment, percent of GDP 1.99 2022 percent
 Foreign Direct Investment, billion dollars 1.24 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2019 million dollars (current)
 Current account, percent of GDP -1.80 2022 percent
 Current account, in dollars 0.07 2019 billion U.S. dollars
 Trade balance, in dollars 0.17 2019 billion U.S. dollars
 Reserves 7.67 2020 billion U.S. dollars
 Remittances, percent of GDP 3.05 2022 percent
 Remittances 1,900.00 2022 million U.S. dollars
 Net errors and omissions -2,485.61 2019 million USD
 External debt 20.60 2022 percent
 Short-term external debt 0.25 2022 percent
 Short-term debt to reserves 0.89 2020 percent
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