Myanmar - Inflation, consumer prices (annual %) 1960 - 2019
Myanmar's inflation, consumer prices (annual %) is currently 8.83%, according to the most recent World Bank data for the country (2019).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Myanmar's inflation, consumer prices (annual %) for 2019 was 8.825%, a 28.41% increase from 2018, with a +1 difference.
- In 2018 it was 6.872%, a 50.30% increase from 2017, with a +2 difference.
- In 2017 it was 4.573%, a -34.01% increase from 2016.
- In 2016 it was 6.929%, a -26.71% increase from 2015.
- In 2015 it was 9.454%, a 90.87% increase from 2014.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Myanmar is currently 13.2693% (average of years with recorded data) with a lowest recorded value of -6.0447% in 1978 and a highest value of 57.0745% in 2002.
Myanmar's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1960 | 7.39% | |
| 1961 | -0.146% | -101.98% |
| 1962 | -1.613% | -1,001.61% |
| 1963 | -2.683% | -66.32% |
| 1964 | -0.459% | 82.87% |
| 1965 | 17.692% | 3,951.03% |
| 1966 | 25.49% | 44.08% |
| 1967 | 0.833% | -96.73% |
| 1968 | 2.376% | 185.12% |
| 1969 | -4.339% | -282.62% |
| 1970 | -4.008% | 7.62% |
| 1971 | 2.088% | 152.09% |
| 1972 | 7.643% | 266.04% |
| 1973 | 25.2% | 229.73% |
| 1974 | 25.212% | 0.05% |
| 1975 | 31.656% | 25.56% |
| 1976 | 22.384% | -29.29% |
| 1977 | -1.157% | -105.17% |
| 1978 | -6.045% | -422.59% |
| 1979 | 5.672% | 193.84% |
| 1980 | 0.608% | -89.28% |
| 1981 | 0.318% | -47.64% |
| 1982 | 5.305% | 1,565.83% |
| 1983 | 5.65% | 6.51% |
| 1984 | 4.846% | -14.23% |
| 1985 | 6.808% | 40.47% |
| 1986 | 9.325% | 36.99% |
| 1987 | 24.76% | 165.51% |
| 1988 | 16.043% | -35.21% |
| 1989 | 27.199% | 69.54% |
| 1990 | 17.627% | -35.19% |
| 1991 | 32.272% | 83.09% |
| 1992 | 21.913% | -32.10% |
| 1993 | 31.832% | 45.26% |
| 1994 | 24.099% | -24.29% |
| 1995 | 25.195% | 4.55% |
| 1996 | 16.275% | -35.40% |
| 1997 | 29.697% | 82.47% |
| 1998 | 51.488% | 73.37% |
| 1999 | 18.401% | -64.26% |
| 2000 | -0.109% | -100.59% |
| 2001 | 21.101% | 19,429.64% |
| 2002 | 57.075% | 170.48% |
| 2003 | 36.59% | -35.89% |
| 2004 | 4.534% | -87.61% |
| 2005 | 9.369% | 106.62% |
| 2006 | 19.996% | 113.44% |
| 2007 | 35.025% | 75.15% |
| 2008 | 26.8% | -23.48% |
| 2009 | 1.472% | -94.51% |
| 2010 | 7.718% | 424.22% |
| 2011 | 5.021% | -34.94% |
| 2012 | 1.468% | -70.77% |
| 2013 | 5.643% | 284.51% |
| 2014 | 4.953% | -12.22% |
| 2015 | 9.454% | 90.87% |
| 2016 | 6.929% | -26.71% |
| 2017 | 4.573% | -34.01% |
| 2018 | 6.872% | 50.30% |
| 2019 | 8.825% | 28.41% |
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Comparison with Countries in the East Asia & Pacific Region.
Among countries in the same World Bank East Asia & Pacific (EAP) region, Myanmar comes in 6th with 8.825% inflation, consumer prices (annual %).
- Within the same region, Lao PDR comes in 1st with 22.956%, inflation, consumer prices (annual %).
- Mongolia comes in 2nd with 15.148%.
- Palau comes in 3rd with 12.353%.
- Tonga comes in 4th with 10.971%.
- Samoa comes in 5th with 10.962%.
- New Zealand comes in 7th with 7.172%.
- Australia comes in 8th with 6.594%.
- Singapore comes in 9th with 6.121%.
- Thailand comes in 10th with 6.077%.
- Philippines comes in 11th with 5.821%.
- Solomon Islands comes in 12th with 5.518%.
- Micronesia, Fed. Sts. comes in 13th with 5.409%.
- Cambodia comes in 14th with 5.344%.
- Korea, Rep. comes in 15th with 5.088%.
- And Fiji comes in 16th with 4.52%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the East Asia & Pacific Region.
Top 10 Countries in the East Asia & Pacific Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lao PDR | 22.96% | 2022 |
| 2 | Mongolia | 15.15% | 2022 |
| 3 | Palau | 12.35% | 2022 |
| 4 | Tonga | 10.97% | 2022 |
| 5 | Samoa | 10.96% | 2022 |
| 6 | Myanmar | 8.83% | 2019 |
| 7 | New Zealand | 7.17% | 2022 |
| 8 | Australia | 6.59% | 2022 |
| 9 | Singapore | 6.12% | 2022 |
| 10 | Thailand | 6.08% | 2022 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Myanmar comes in 25th with 8.825% inflation, consumer prices (annual %).
- Within the same income group, Egypt, Arab Rep. comes in 15th with 13.896%, inflation, consumer prices (annual %).
- Uzbekistan comes in 16th with 11.447%.
- Zambia comes in 17th with 10.993%.
- Samoa comes in 18th with 10.962%.
- Guinea comes in 19th with 10.493%.
- Nicaragua comes in 20th with 10.467%.
- Senegal comes in 21st with 9.697%.
- Mauritania comes in 22nd with 9.525%.
- Algeria comes in 23rd with 9.266%.
- Honduras comes in 24th with 9.09%.
- Tunisia comes in 26th with 8.306%.
- Lesotho comes in 27th with 8.272%.
- Bangladesh comes in 28th with 7.697%.
- Kenya comes in 29th with 7.657%.
- India comes in 30th with 6.699%.
- Morocco comes in 31st with 6.657%.
- Cameroon comes in 32nd with 6.248%.
- Tajikistan comes in 33rd with 6.005%.
- Philippines comes in 34th with 5.821%.
- And Bhutan comes in 35th with 5.639%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.756% | 2021 |
| 2 | Zimbabwe | 104.705% | 2022 |
| 3 | Sri Lanka | 49.721% | 2022 |
| 4 | Iran, Islamic Rep. | 43.389% | 2021 |
| 5 | Haiti | 33.984% | 2022 |
| 6 | Ghana | 31.256% | 2022 |
| 7 | Angola | 25.754% | 2021 |
| 8 | Lao PDR | 22.956% | 2022 |
| 9 | Ukraine | 20.184% | 2022 |
| 10 | Pakistan | 19.874% | 2022 |
| 11 | Nigeria | 18.847% | 2022 |
| 12 | Sao Tome and Principe | 18.006% | 2022 |
| 13 | Mongolia | 15.148% | 2022 |
| 14 | Kyrgyz Republic | 13.923% | 2022 |