Interest payments in Myanmar
Myanmar: Interest payments was 1.59 trillion current LCU in 2019. ▲ Rising
Interest payments in Myanmar, 2012–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, interest payments in Myanmar stood at 1.59 trillion current LCU. That is the highest value across all 8 years on record.
The figure is up 114.3% on the previous year and up 132.6% over ten years.
That places Myanmar 20th out of 155 countries with data for 2019, putting it in the top quarter.
Countries ranked near Myanmar
- 17 Costa Rica 2.37 trillion current LCU compare
- 18 Kazakhstan 1.81 trillion current LCU compare
- 19 Turkey 1.65 trillion current LCU compare
- 21 Malawi 1.43 trillion current LCU compare
- 22 Mexico 1.30 trillion current LCU compare
- 23 Cote d'Ivoire 1.24 trillion current LCU compare
More public sector data for Myanmar
- Arms imports 222.00 million SIPRI trend indicator values (2024)
- Tax revenue 6.0% (2019)
- Taxes on income, profits and capital gains 13.2% (2019)
- Taxes on goods and services 24.4% (2019)
- Net investment in nonfinancial assets 4.6% (2019)
- Net lending (+) / net borrowing (-) -3.6% (2019)
- Interest payments 9.6% (2019)
- Grants and other revenue 58.4% (2019)
- Interest payments 10.2% (2019)
- Other taxes 0.4% (2019)
Frequently asked questions
- What is interest payments in Myanmar?
- Interest payments in Myanmar was 1.59 trillion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Myanmar?
- The highest recorded value was 1.59 trillion current LCU in 2019.
- What is the lowest interest payments recorded in Myanmar?
- The lowest recorded value was 682.65 billion current LCU in 2012.
- How does Myanmar rank for interest payments?
- Myanmar ranks 20th out of 155 countries with data for 2019.
- Is interest payments rising or falling in Myanmar?
- Over the last ten years it is up 132.6%. The long-run trend across the full record is rising.
- Where does this Myanmar data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.