household debts in Myanmar

Gross debt in Myanmar

The government debt of Myanmar refers to the debt of the state proper, but not its federal states, municipalities and institutions.

The government debt in the period from 1991 to 2021 was between 2.4 billion and 40.6 billion USD. The highest level of the last years at 41 billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 754 USD per person. For comparison, the average debt per person in the same year in the European Union was 31,701 USD.

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Gross debt of the last 30 years in billion USD

YearMyanmar total% of GDPper capitaEU per capita
19912.50 bn USD117.04%60 USD6,198 USD
19922.37 bn USD107.09%56 USD7,328 USD
19989.29 bn USD201.30%204 USD11,978 USD
19998.21 bn USD145.42%178 USD11,204 USD
200010.87 bn USD158.70%233 USD9,175 USD
200115.72 bn USD252.78%333 USD9,104 USD
200211.24 bn USD183.94%236 USD10,039 USD
200310.93 bn USD140.90%227 USD12,356 USD
200411.47 bn USD122.14%236 USD14,056 USD
200512.15 bn USD114.78%248 USD14,655 USD
200611.80 bn USD99.48%239 USD15,092 USD
200711.64 bn USD74.65%235 USD16,757 USD
200813.28 bn USD57.71%266 USD19,361 USD
200916.03 bn USD54.44%319 USD20,190 USD
201019.83 bn USD52.48%392 USD21,506 USD
201125.91 bn USD47.88%508 USD24,311 USD
201221.29 bn USD36.51%414 USD23,897 USD
201321.84 bn USD36.06%421 USD26,085 USD
201422.28 bn USD35.22%426 USD26,871 USD
201522.93 bn USD36.37%445 USD22,892 USD
201623.11 bn USD38.33%445 USD23,468 USD
201723.64 bn USD38.47%452 USD24,441 USD
201827.14 bn USD40.42%515 USD26,205 USD
201926.62 bn USD38.75%502 USD25,151 USD
202031.00 bn USD39.28%580 USD28,902 USD
202140.58 bn USD62.35%754 USD31,701 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Myanmar       European Union

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