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Economy of Israel vs Myanmar compared: GDP & Debt

Updated on by Georank team

Israel has a GDP of $540B compared to $74.1B for Myanmar, ranking 29/197 and 85/197 by economy size, respectively.

Israel has $366B in government debt (67.6% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Israel vs Myanmar GDP by year

Israel
Myanmar
1x
Year GDP, current $
Israel Myanmar
2024 $540,379,921,262 $74,068,349,524
2023 $512,184,638,999 $66,757,619,000
2022 $525,181,008,026 $62,253,049,903
2021 $489,851,549,972 $66,345,291,149
2020 $410,768,352,658 $79,006,113,670
2019 $400,645,216,359 $75,065,106,243
2018 $376,299,083,108 $67,860,515,993
2017 $358,451,839,053 $66,053,040,475
2016 $321,940,971,558 $63,298,361,984
2015 $303,469,434,072 $59,607,290,408
2014 $315,017,088,117 $65,531,374,210
2013 $298,478,070,673 $60,269,732,855
2012 $263,589,172,712 $59,937,796,648
2011 $268,094,998,225 $59,977,326,086
2010 $239,679,036,634 $49,540,813,342
2009 $213,403,181,853 $36,906,181,381
2008 $221,231,658,863 $31,862,554,102
2007 $184,681,214,673 $20,182,477,481
2006 $158,900,547,825 $14,502,553,710
2005 $147,519,922,009 $11,986,972,419
2004 $140,047,984,605 $10,567,354,056
2003 $131,408,914,824 $10,467,109,978
2002 $125,332,331,884 $6,777,632,512
2001 $135,002,039,613 $6,477,790,688
2000 $136,512,300,542 $8,905,066,164
1999 $121,417,185,062 $8,486,832,801
1998 $120,547,409,279 $6,459,461,639
1997 $119,459,826,347 $4,722,288,496
1996 $115,116,595,545 $6,123,556,717
1995 $105,497,418,059 $5,289,174,943
1994 $90,740,103,829 $4,432,257,174
1993 $79,855,877,174 $3,163,020,035
1992 $79,457,685,757 $2,411,552,289
1991 $70,998,755,007 $2,069,832,687
1990 $62,016,729,541 $2,115,193,513
1989 $52,443,479,454 $2,013,448,229
1988 $52,650,948,910 $1,541,088,312
1987 $43,049,543,635 $1,562,448,077
1986 $35,834,154,874 $1,582,873,750
1985 $28,905,736,367 $1,478,908,173
1984 $30,645,607,293 $1,304,063,253
1983 $32,675,755,462 $1,381,573,615
1982 $29,255,285,401 $1,481,165,468
1981 $26,882,009,819 $1,111,000,765
1980 $25,395,256,478 $1,038,225,167
1979 $22,609,741,060 $952,265,043
1978 $17,701,286,907 $935,408,775
1977 $18,257,113,904 $873,579,932
1976 $15,956,349,550 $1,204,699,849
1975 $16,141,767,373 $1,061,107,354
1974 $17,172,607,138 $1,225,589,878
1973 $11,902,574,259 $719,754,655
1972 $9,222,557,539 $662,213,083
1971 $7,052,544,000 $587,448,405
1970 $7,406,712,876 $563,555,631
1969 $6,297,852,761 $571,854,215
1968 $5,458,427,928 $559,956,130
1967 $4,762,386,783 $420,359,036
1966 $4,703,300,098 $293,103,479
1965 $4,329,084,429 $367,053,117
1964 $4,024,344,853 $411,419,906
1963 $3,535,949,089 $598,998,419
1962 $2,966,154,031 $634,528,872
1961 $3,708,586,471 $605,581,577
1960 $3,070,585,807 $545,098,448

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/israel/myanmar | CC BY

GDP per capita in Israel vs Myanmar by year

Israel
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Israel Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $54,177 $57,236 $1,359 $5,997
2023 $52,004 $55,171 $1,233 $5,953
2022 $54,950 $53,619 $1,158 $5,732
2021 $52,271 $46,162 $1,243 $5,178
2020 $44,576 $40,955 $1,490 $5,741
2019 $44,251 $41,325 $1,426 $6,101
2018 $42,363 $40,190 $1,298 $5,581
2017 $41,138 $39,471 $1,273 $4,706
2016 $37,672 $38,189 $1,229 $4,460
2015 $36,213 $35,871 $1,167 $4,459
2014 $38,343 $34,816 $1,293 $4,376
2013 $37,034 $34,827 $1,199 $4,144
2012 $33,321 $32,484 $1,203 $3,845
2011 $34,523 $31,314 $1,214 $3,579
2010 $31,439 $29,456 $1,011 $3,348
2009 $28,508 $28,087 $758 $3,040
2008 $30,269 $28,084 $658 $2,748
2007 $25,721 $28,307 $419 $2,459
2006 $22,527 $26,385 $303 $2,153
2005 $21,287 $25,701 $252.7 $1,860
2004 $20,568 $26,078 $224.5 $1,601
2003 $19,643 $24,702 $224.3 $1,385
2002 $19,076 $26,101 $146.6 $1,204
2001 $20,966 $25,806 $141.5 $1,069
2000 $21,707 $25,766 $196.6 $949
1999 $19,823 $23,415 $189.5 $825
1998 $20,189 $22,927 $146 $742
1997 $20,469 $22,279 $108 $702
1996 $20,224 $21,672 $141.9 $661
1995 $19,026 $20,642 $124.1 $618
1994 $16,807 $19,478 $105.4 $573
1993 $15,179 $18,218 $76.2 $529
1992 $15,510 $17,553 $58.9 $494
1991 $14,346 $16,486 $51.2 $447
1990 $13,308 $15,721 $53.1 $441
1989 $11,608 - $51.3 -
1988 $11,853 - $39.9 -
1987 $9,853 - $41.1 -
1986 $8,335 - $42.4 -
1985 $6,829 - $40.4 -
1984 $7,369 - $36.3 -
1983 $7,960 - $39.3 -
1982 $7,258 - $43 -
1981 $6,795 - $32.8 -
1980 $6,549 - $31.2 -
1979 $5,972 - $29.2 -
1978 $4,797 - $29.3 -
1977 $5,053 - $27.9 -
1976 $4,516 - $39.2 -
1975 $4,672 - $35.2 -
1974 $5,085 - $41.4 -
1973 $3,631 - $24.8 -
1972 $2,930 - $23.3 -
1971 $2,298 - $21.1 -
1970 $2,490 - $20.7 -
1969 $2,189 - $21.5 -
1968 $1,947 - $21.5 -
1967 $1,735 - $16.5 -
1966 $1,789 - $11.8 -
1965 $1,689 - $15.1 -
1964 $1,626 - $17.3 -
1963 $1,486 - $25.8 -
1962 $1,294 - $27.9 -
1961 $1,697 - $27.3 -
1960 $1,452 - $25.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/israel/myanmar | CC BY

Israel's GDP per capita is $54,177, ranking 21/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Israel ranks 36th at $57,236, while Myanmar ranks 153rd at $5,997.

Economic indicators

Israel Myanmar
Gross domestic product
$540B
2024
$74.1B
2024
GDP rank
29/197
2024
85/197
2024
GDP growth
0.87%
2023-2024
-0.97%
2023-2024
GDP per capita
$54,177
2024
$1,359
2024
GDP per capita rank
21/197
2024
165/197
2024
GDP per capita, PPP
$57,236
2024
$5,997
2024
GDP per capita PPP rank
36/197
2024
153/197
2024
Government debt
$366B
2024
$44B
2024
Debt-to-GDP ratio
67.6%
2024
59.3%
2024
Government debt per person
$36,645
2024
$806
2024
Government debt per person rank
18/185
2024
150/185
2024
Average annual personal income after taxes
$43,003
2026
$1,646
2026
Market capitalization of domestic companies
$331B
2024
n/a
Number of millionaires
179,905
2025
n/a
Number of billionaires
41
2025
n/a
Income share by richest 10%
26.6%
2021
25.5%
2017
Income share by poorest 10%
2%
2021
3.8%
2017
Government expenditure, % of GDP
43.8%
2024
20.7%
2024
Consumer prices inflation
3.07%
2023-2024
8.83%
2018-2019
Central bank interest rate
4.5%
2024
n/a
Unemployment rate
2.9%
2024
1.48%
2020
Population
10290887
55292116

Spending and national debt comparison by year

Israel
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Israel Myanmar
Government spending Government debt Government spending Government debt
2024 43.8% 67.6% 20.7% 59.3%
2023 39.3% 61.3% 21.4% 59.1%
2022 36.9% 60.3% 21.3% 56.1%
2021 40% 67.7% 20.9% 63.4%
2020 44.8% 71.1% 21.3% 49.1%
2019 38.7% 59.3% 20.5% 37.6%
2018 39.2% 60.1% 18.7% 39.9%
2017 38.3% 59.8% 19.7% 41.9%
2016 37.9% 61.7% 21.3% 35.7%
2015 37.6% 62.8% 23.7% 36.6%
2014 38.3% 64.9% 24.7% 34.5%
2013 39.7% 66% 23.9% 44.8%
2012 39.6% 66.9% 20% 48%
2011 39.3% 67.2% 15.6% 49.9%
2010 39.7% 69% 15.8% 54.4%
2009 41.4% 72.6% 14.4% 56.4%
2008 41.2% 70.2% 14.4% 59.8%
2007 40.2% 70.8% 15.7% 77.4%
2006 41.6% 77.7% 15.6% 103.1%
2005 42.3% 85.2% 14.6% 119%
2004 43% 88.3% 14.6% 126.6%
2003 45.4% 89.7% 14.3% 146%
2002 50% 87.2% 15.3% 190.6%
2001 46.1% 81.1% 19.1% 262%
2000 43.4% 77.2% 21.4% 164.5%
1999 53.6% 94.8% 22.8% 150.7%
1998 55% 101% 25.2% 208.6%
1997 52.6% 99.3% - -
1996 53.2% 100.3% - -
1995 52.8% 102.3% - -
1994 41.7% 110.2% - -
1993 42.2% 118.3% - -
1992 44.1% 119.6% - -
1991 34.4% 123.7% - -
1990 46.8% 138.3% - -
1989 47.5% 147.4% - -
1988 46.5% 145.4% - -
1987 52.8% 143.2% - -
1986 55.7% 162.5% - -
1985 65.2% 199% - -
1984 - 284% - -
1983 - 260.5% - -
1982 69.7% - - -
1981 71.8% - - -
1980 69.4% 154.3% - -
1979 70.1% 155.5% - -
1978 62.2% 133.6% - -
1977 69.1% 142% - -
1976 66.3% 97.4% - -
1975 62% 85.1% - -
1974 - 79.8% - -
1973 - 62.1% - -
1972 - 63.9% - -
1971 - - - -
1970 41.6% - - -
1969 41.1% - - -
1968 39.4% - - -
1967 33.9% - - -
1966 29.6% - - -
1965 27.8% - - -
1964 28.2% - - -
1963 26.9% - - -
1962 27.7% - - -
1961 30.3% - - -
1960 30.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/israel/myanmar | CC BY

In 2024, Israel's government spending was $237B, accounting for 43.8% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 67.6% in Israel and 59.3% in Myanmar, ranking 62/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Israel

Myanmar
1x
Year Deficit/surplus, % of GDP
Israel Myanmar
2024 -8.26% -5.06%
2023 -5.06% -5.18%
2022 0.32% -2.82%
2021 -3.37% -2.47%
2020 -10.7% -6.5%
2019 -3.79% -4.7%
2018 -3.56% -2.77%
2017 -1.13% -3.42%
2016 -1.79% -2.53%
2015 -1.21% -4.33%
2014 -2.29% -1.06%
2013 -4.06% -1.53%
2012 -4.46% -2.7%
2011 -3.43% -4.82%
2010 -3.72% -5.4%
2009 -6.53% -3.55%
2008 -3.5% -2.73%
2007 -0.43% -3.52%
2006 -0.95% -3.42%
2005 -2.74% -3.49%
2004 -3.4% -4.62%
2003 -5.03% -4.24%
2002 -8.22% -4.01%
2001 -4.06% -6.34%
2000 -0.8% -6.03%
1999 -6.26% -4.46%
1998 -7.99% -4.89%
1997 -4.84% -
1996 -5.97% -
1995 -4.28% -
1994 -5.62% -
1993 -5.62% -
1992 -8% -
1991 -7.04% -
1990 -9.67% -
1989 -9.03% -
1988 -7.57% -
1987 -7.47% -
1986 -7.51% -
1985 -14.2% -
1984 - -
1983 - -
1982 -13.8% -
1981 -23.5% -
1980 -19.6% -
1979 -16.7% -
1978 -14.7% -
1977 -20.3% -
1976 -19.4% -
1975 -19.6% -
1974 - -
1973 - -
1972 - -
1971 - -
1970 -16% -
1969 -15.3% -
1968 -11.7% -
1967 -7.68% -
1966 -4.35% -
1965 -2.72% -
1964 -3.65% -
1963 -4.41% -
1962 -4.09% -
1961 -5.86% -
1960 -6.62% -
1959 -7.23% -
1958 -8.31% -
1957 -7.17% -
1956 -9.3% -
1955 -4.3% -
1954 -7.84% -
1953 -8.32% -
1952 -7.19% -
1951 -8.13% -
1950 -10.7% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20).

GeoRank.org/economy/israel/myanmar | CC BY

In 2024, Israel's government deficit, the difference between spending and revenue, was $44.6B, equivalent to 8.26% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Israel recorded a fiscal deficit in 26 of those years, while Myanmar ran a deficit in 27 years. On average, Israel posted an annual deficit equal to 3.94% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Israel

Myanmar
1x
Year Consumer prices inflation
Israel Myanmar
2024 3.07% -
2023 4.23% -
2022 4.41% -
2021 1.48% -
2020 -0.58% -
2019 0.82% 8.83%
2018 0.81% 6.87%
2017 0.25% 4.57%
2016 -0.54% 6.93%
2015 -0.62% 9.45%
2014 0.47% 4.95%
2013 1.59% 5.64%
2012 1.68% 1.47%
2011 3.49% 5.02%
2010 2.7% 7.72%
2009 3.37% 1.47%
2008 4.53% 26.8%
2007 0.47% 35%
2006 2.05% 20%
2005 1.34% 9.37%
2004 -0.42% 4.53%
2003 0.71% 36.6%
2002 5.8% 57.1%
2001 1.12% 21.1%
2000 1.03% -0.11%
1999 5.19% 18.4%
1998 5.49% 51.5%
1997 8.95% 29.7%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/israel/myanmar | CC BY

Over the past 23 years, Israel has recorded an average annual inflation rate of 2.19%, compared with 16.2% in Myanmar. In 2019, inflation was 3.07% in Israel and 8.83% in Myanmar.

Top exports between countries

Israel
Export category Export value
Raw materials & minerals $553K
Machinery & equipment $461K
Raw agricultural goods $118K
Chemicals & pharma $95K
Metals $80K
Textiles & consumer goods $66K
Wood & paper products $14K
Myanmar
Export category Export value
Textiles & consumer goods $10.5M
Wood & paper products $683K
Machinery & equipment $163K
Raw agricultural goods $132K
Metals $14K
Raw materials & minerals $5K
Miscellaneous $2K

Balance of trade

Israel Myanmar
Current account balance
$15.5B
2024
$67.7M
2019
Current account balance ranking
21/190
2024
71/190
2019
Current account balance, % of GDP
+2.86%
2024
+0.09%
2019
Goods imports
$96.3B
2024
$13.7B
2019
Goods exports
$70B
2024
$10.8B
2019
Service imports
$44.4B
2024
$3.66B
2019
Service exports
$83.7B
2024
$6.68B
2019
Imports of goods and services, % of GDP
26%
2024
n/a
Exports of goods and services, % of GDP
28.4%
2024
24.3%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Israel Myanmar
Economic freedom 68.4 44.5
Economic freedom ranking 47/197 180/197
Property rights 73.1 5.7
Government integrity 66.2 18.1
Judicial effectiveness 68.1 3.9
Tax burden 60.2 88.6
Government spending 52 86.6
Fiscal health 60.8 62.7
Business freedom 72.4 37.9
Labor freedom 56.8 53.2
Monetary freedom 78.2 57.5
Trade freedom 82.8 69.4
Investment freedom 70 30
Financial freedom 80 20

Economic freedom comparison by year

Israel
Myanmar
1x
Year Economic freedom index
Israel Myanmar
2026 68.4 44.5
2025 69.9 43.7
2024 70.1 42.2
2023 68.9 46.5
2022 68 49.6
2021 73.8 55.2
2020 74 54
2019 72.8 53.6
2018 72.2 53.9
2017 69.7 52.5
2016 70.7 48.7
2015 70.5 46.9
2014 68.4 46.5
2013 66.9 39.2
2012 67.8 38.7
2011 68.5 37.8
2010 67.7 36.7
2009 67.6 37.7
2008 66.3 39.5
2007 64.8 41
2006 64.4 40
2005 62.6 40.5
2004 61.4 43.6
2003 62.7 44.9
2002 66.9 45.5
2001 66.1 46.1
2000 65.5 47.9
1999 68.3 46.4
1998 68 45.7
1997 62.7 45.4
1996 62 45.1
1995 61.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/israel/myanmar | CC BY

The Economic Freedom Index for Israel is 68.4, ranking 47/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Israel Myanmar
Services, % of GDP
72.5%
2024
41.4%
2024
Industry, % of GDP
17.3%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.28%
2024
20.8%
2024
GNI, Atlas method
$528B
2024
$65.9B
2024
GNI per capita, PPP
$56,790
2024
$5,890
2024
Total reserves including gold
$215B
2024
$9.34B
2023
Total reserves ranking
18/177
2024
81/177
2023
Net foreign direct investment
-$4.86B
2024
-$1.74B
2019
Net inflows of foreign direct investment
$14.8B
2024
$1.1B
2024
Net outflows of foreign direct investment
$9.92B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
1.31%
2024
Poverty at national poverty lines
22%
2020
24.8%
2017
Gross capital formation, % of GDP
23.4%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/israel/myanmar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.