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Myanmar — Inflation

Also known as consumer price inflation, CPI inflation, cost of living increase, rate of price rises.

Inflation, Consumer Prices (Annual %) for Myanmar, 1960–2019.

Latest value · 2019
8.83%
Inflation, Consumer Prices (Annual %) · annual % · +19.4% since 1960
Free for any use — attribution is the link itself.

Inflation for Myanmar was 8.83% in 2019, according to the latest World Bank data. The series covers 60 years, from 1960 to 2019. The highest recorded value was 57.07% in 2002. The lowest was -6.04% in 1978 (about -1.5× the low point). Across that span the compound annual growth rate works out to 0.30% per year.

Myanmar ranks 24 of 187 economies on this measure (1 = highest), putting it in the top 13%. The median for East Asia & Pacific is 2.21%, so Myanmar sits above it. It peaked in 2002 and has fallen 85% since. Over the last decade (2009–2019) the figure moved up 499%. Within East Asia & Pacific it ranks 1 of 28 economies; Mongolia (8.61%) is just below it. Its sharpest one-year move was up 19430% in 2001. That is 54% above this series' own ten-year average.

Data highlights

From its 1960 level: doubled by 1965.

World ranking. Slipped: 9th of 63 in 1960 → 91st of 92 in 1970 → 106th of 106 in 1980 → 34th of 131 in 1990 → 148th of 163 in 2000 → 28th of 186 in 2010 → 19th of 183 in 2019.

Adjacent in the latest world ranking (24 of 187): Suriname (#23) · Uzbekistan (#25).

Key figures

Latest (2019)
8.83%
First (1960)
7.39%
Change
+19.4%
Highest
57.07%
in 2002
Lowest
-6.04%
in 1978
Average
13.27%
Annual growth (CAGR)
0.30%
Years of data
60

Recent published years. 2019 — 8.83% · 2018 — 6.87% · 2017 — 4.57% · 2016 — 6.93% · 2015 — 9.45%.

Full history — 1960 to 2019

All 60 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Myanmar — Inflation
Yearannual %Change
20198.83%+2.0 pp
20186.87%+2.3 pp
20174.57%-2.4 pp
20166.93%-2.5 pp
20159.45%+4.5 pp
20144.95%-0.7 pp
20135.64%+4.2 pp
20121.47%-3.6 pp
20115.02%-2.7 pp
20107.72%+6.2 pp
20091.47%-25.3 pp
200826.8%-8.2 pp
200735.02%+15.0 pp
200620%+10.6 pp
20059.37%+4.8 pp
20044.53%-32.1 pp
200336.59%-20.5 pp
200257.07%+36.0 pp
200121.1%+21.2 pp
2000-0.11%-18.5 pp
199918.4%-33.1 pp
199851.49%+21.8 pp
199729.7%+13.4 pp
199616.28%-8.9 pp
199525.19%+1.1 pp
199424.1%-7.7 pp
199331.83%+9.9 pp
199221.91%-10.4 pp
199132.27%+14.6 pp
199017.63%-9.6 pp
198927.2%+11.2 pp
198816.04%-8.7 pp
198724.76%+15.4 pp
19869.33%+2.5 pp
19856.81%+2.0 pp
19844.85%-0.8 pp
19835.65%+0.3 pp
19825.3%+5.0 pp
19810.32%-0.3 pp
19800.61%-5.1 pp
19795.67%+11.7 pp
1978-6.04%-4.9 pp
1977-1.16%-23.5 pp
197622.38%-9.3 pp
197531.66%+6.4 pp
197425.21%+0.0 pp
197325.2%+17.6 pp
19727.64%+5.6 pp
19712.09%+6.1 pp
1970-4.01%+0.3 pp
1969-4.34%-6.7 pp
19682.38%+1.5 pp
19670.83%-24.7 pp
196625.49%+7.8 pp
196517.69%+18.2 pp
1964-0.46%+2.2 pp
1963-2.68%-1.1 pp
1962-1.61%-1.5 pp
1961-0.15%-7.5 pp
19607.39%—
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Myanmar’s Inflation in 1961?

-0.15% (1961). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Myanmar’s Inflation growing or shrinking?

Between 1960 and 2019 the series was growing overall: +19.4% in total — about 0.3% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2019: 8.83%; 2018: 6.87%; 2017: 4.57%; 2016: 6.93%; 2015: 9.45%. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/myanmar/inflation/" width="600" height="360" style="border:0" loading="lazy" title="Myanmar — Inflation"></iframe>Free to use with attribution — the link back is the attribution.
Source. World Bank Open Data, indicator FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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