Myanmar: Economy | Asian Development Bank

Myanmar: Economy

Myanmar is on track to post high economic growth in FY2017 (ends 31 March 2018), as anticipated in the Asian Development Outlook 2017 Update. With the return of normal weather this year, agriculture is recovering from flooding last year. Crop production is benefiting as well from higher demand and strong international prices for agricultural commodities. Industry growth continues to accelerate with higher investment, both public and private, in garments and other light manufacturing, while services are getting a boost from buoyant tourism and expansion in the nascent telecommunications industry. Read more from Asian Development Outlook 2017 Update

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*2017 and 2018 are forecasts.

Economic forecasts for Southeast Asian countries

The latest available economic data for Myanmar compared to countries in Southeast Asia.

*2017 and 2018 are forecasts.

Asian Development Outlook 2017
Asian Development Outlook 2017 Update