Net domestic credit in Myanmar
Myanmar: Net domestic credit was 60.94 trillion current LCU in 2020. ◆ Volatile
Net domestic credit in Myanmar, 1971–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Myanmar is 60.94 trillion current LCU, measured in 2020. That is the highest value across all 50 years on record.
That represents a change of up 15.1% on the previous year and up 507.5% over ten years.
Over the whole period, net domestic credit in Myanmar peaked at 60.94 trillion current LCU in 2020 and was at its lowest, 3.85 billion current LCU, in 1971.
That places Myanmar 19th out of 186 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.62 billion current LCU | 3.85 billion current LCU | 14.51 billion current LCU | 9 |
| 1980s | 35.05 billion current LCU | 16.45 billion current LCU | 52.61 billion current LCU | 10 |
| 1990s | 235.71 billion current LCU | 60.11 billion current LCU | 574.62 billion current LCU | 10 |
| 2000s | 3.12 trillion current LCU | 795.76 billion current LCU | 7.17 trillion current LCU | 10 |
| 2010s | 26.11 trillion current LCU | 10.03 trillion current LCU | 52.94 trillion current LCU | 10 |
| 2020s | 60.94 trillion current LCU | 60.94 trillion current LCU | 60.94 trillion current LCU | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Domestic credit to private sector 29.0% (2020)
- Claims on central government, etc. 26.1% (2020)
- Broad money 69.2% (2020)
- Monetary Sector credit to private sector 29.0% (2020)
- Net foreign assets 12.75 trillion current LCU (2020)
- Total reserves in months of imports 3.29 (2019)
- Net migration -39,661 (2025)
- Domestic credit to private sector by banks 29.0% (2020)
- Official exchange rate 1,382 LCU per US$, period average (2020)
- Claims on central government 9.5% (2020)
Frequently asked questions
- What is net domestic credit in Myanmar?
- Net domestic credit in Myanmar was 60.94 trillion current LCU in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Myanmar?
- The highest recorded value was 60.94 trillion current LCU in 2020.
- What is the lowest net domestic credit recorded in Myanmar?
- The lowest recorded value was 3.85 billion current LCU in 1971.
- How does Myanmar rank for net domestic credit?
- Myanmar ranks 19th out of 186 countries with data for 2020.
- Is net domestic credit rising or falling in Myanmar?
- Over the last ten years it is up 507.5%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.