household debts in Myanmar

Gross debt in Myanmar

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Myanmar in the period from 1998 to 2020 was between 8.2 billion and 31.0 billion USD. The highest level of the last years at 31 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 581 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

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Gross debt of the last 22 years in billion USD

YearMyanmar totalMyanmar per capitaEU per capita
19989.29 bn USD204 USD14,079 USD
19998.21 bn USD178 USD14,032 USD
200010.87 bn USD233 USD11,232 USD
200115.72 bn USD333 USD11,255 USD
200211.24 bn USD236 USD12,258 USD
200310.93 bn USD227 USD15,286 USD
200411.47 bn USD236 USD17,595 USD
200512.15 bn USD248 USD18,327 USD
200611.80 bn USD239 USD18,877 USD
200711.64 bn USD235 USD20,898 USD
200813.28 bn USD266 USD24,086 USD
200916.03 bn USD319 USD25,361 USD
201019.83 bn USD392 USD26,496 USD
201125.91 bn USD508 USD29,231 USD
201221.29 bn USD414 USD28,174 USD
201321.84 bn USD421 USD29,981 USD
201422.28 bn USD426 USD30,648 USD
201522.93 bn USD445 USD25,918 USD
201623.11 bn USD445 USD26,261 USD
201723.64 bn USD452 USD27,024 USD
201827.14 bn USD515 USD28,448 USD
201926.62 bn USD502 USD27,168 USD
202031.02 bn USD581 USD30,783 USD

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

      Myanmar       European Union

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