Burma (Myanmar): Economic globalization

* indicates monthly or quarterly data series
 Burma (Myanmar)

Economic globalization index (0-100)

 Latest value 60.60
 Year 2022
 Measure points
 Data availability 1970 - 2022
 Average 38.62
 Min - Max 32.96 - 62.00
 Source The Swiss Institute of Technology in Zurich
The latest value from 2022 is 60.6 points, a decline from 62 points in 2021. In comparison, the world average is 59.16 points, based on data from 184 countries. Historically, the average for Burma (Myanmar) from 1970 to 2022 is 38.62 points. The minimum value, 32.96 points, was reached in 1991 while the maximum of 62 points was recorded in 2021. 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 data
Burma (Myanmar) - Economic globalization - Recent values chart

Historical series
Burma (Myanmar) - Economic globalization - historical chart - 1970-2022




The KOF Economic Globalization Index for Burma (Myanmar) and other countries has two dimensions. First, it measures the economic flows between Burma (Myanmar) and the rest of the world in terms of international trade and international investment. The question is whether Burma (Myanmar) exchanges a lot of goods, services, and investments with other countries. Second, it measures the restrictions to trade and investment such as tariffs and capital controls on international investment. Each dimension is based on several variables that are combined in one overall index that ranges from 0 to 100.
Definition: Economic globalization has two dimensions: actual economic flows and restrictions to trade and capital. The sub-index on actual economic flows includes data on trade, FDI, and portfolio investment. The sub-index on restrictions takes into account hidden import barriers, mean tariff rates, taxes on international trade (as a share of current revenue), and an index of capital controls. More information and the original data can be obtained here.

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 Related indicators Latest Reference Measure
 Overall globalization 66.55 2022 points
 Economic globalization 60.60 2022 points
 Political globalization 65.58 2022 points
 Social globalization 38.06 2022 points
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