Myanmar — Inflation
Inflation, Consumer Prices (Annual %) for Myanmar, 1960–2019.
Latest value · 2019
8.83%
Inflation, Consumer Prices (Annual %) · annual % · +19.4% since 1960
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%.
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 years
| Year | annual % |
|---|---|
| 2019 | 8.83% |
| 2018 | 6.87% |
| 2017 | 4.57% |
| 2016 | 6.93% |
| 2015 | 9.45% |
| 2014 | 4.95% |
| 2013 | 5.64% |
| 2012 | 1.47% |
| 2011 | 5.02% |
| 2010 | 7.72% |
| 2009 | 1.47% |
| 2008 | 26.8% |
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.
Related data
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.