In February 2021 the military assumed power in Myanmar, setting back the country's democratic transition, and immediately impacting an economy that had already been weakened by Coronavirus disease 2019 (COVID-19). While the initial economic impacts of the coup were extremely severe, in May and...

Myanmar's economy continues to be severely tested by the ongoing impacts of the military coup and the surge in COVID-19 cases in 2021. While some real-time indicators have improved in recent months, they remain consistent with a much lower level of economic activity than prior to the February...

Myanmar's macroeconomic environment remains stable, though economic growth is estimated to have slowed to 5.9 percent in 2016-17 compared to 7 percent in 2015-16, weighed down by slower investment demand. Growth is projected to recover to 6.4 percent in 2017-18, though risks are tilted to the...

Myanmar's economy performed better in 2017/18 with a modest growth acceleration that partially reversed the deterioration experienced in 2016/17. While the outlook remains positive, risks have intensified. The economy experienced a broad-based increase in real GDP growth to 6.4 percent in...

Myanmar's economy is navigating significant uncertainty and risks at home and abroad. A year after violent upheaval in Rakhine State led to the forced displacement of over seven hundred thousand refugees to Bangladesh, limited progress has been made in resolving fundamental issues relating to...

Myanmar's economy is slowly picking up speed and regaining stability after a volatile 2018. Despite a challenging global environment, Myanmar's economic growth is expected to rise to 6.5 percent in 2018/19 from 6.4 percent in the Transition Period1 supported by strong performance in the...

Myanmar's economy continues to show resilience despite the global slowdown and domestic uncertainties. Its economy is estimated to have grown at 6.3 percent in 2018/191, marginally higher than 6.2 percent in 2017/18, supported by better performance in the manufacturing and services sectors....

The second wave of the Coronavirus (COVID-19) pandemic has amplified Myanmar's public health and economic challenges. Domestic cases of Coronavirus (COVID-19) have risen rapidly in recent months. The pandemic and the associated containment measures have weakened consumption and investment, and...

The Myanmar Economic Monitor (MEM) periodically takes stock of economic developments anddiscusses economic prospects and policy priorities in Myanmar. The MEM draws on available datareported by the Government of Myanmar and additional information collected as part of the WorldBank Group's...

After two years of strong economic growth and macroeconomic stability, Myanmar faced a more difficult economic environment in 2015-2016. In 2015-2016, economic growth in Myanmar eased to 7 percent amid a supply shock from heavy flooding, a slowdown in new investment flows during an election...