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Economy of Kenya vs Myanmar compared: GDP & Debt

Updated on by Georank team

Kenya has a GDP of $120B compared to $74.1B for Myanmar, ranking 64/197 and 85/197 by economy size, respectively.

Kenya has $81B in government debt (67.3% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Kenya vs Myanmar GDP by year

Kenya
Myanmar
1x
Year GDP, current $
Kenya Myanmar
2024 $120,339,557,906 $74,068,349,524
2023 $107,500,884,685 $66,757,619,000
2022 $114,448,978,153 $62,253,049,903
2021 $109,703,658,905 $66,345,291,149
2020 $100,657,505,751 $79,006,113,670
2019 $100,378,436,207 $75,065,106,243
2018 $92,202,979,985 $67,860,515,993
2017 $82,036,510,877 $66,053,040,475
2016 $74,815,144,164 $63,298,361,984
2015 $70,120,446,897 $59,607,290,408
2014 $68,285,796,514 $65,531,374,210
2013 $61,671,440,408 $60,269,732,855
2012 $56,396,704,672 $59,937,796,648
2011 $46,869,473,151 $59,977,326,086
2010 $45,405,615,064 $49,540,813,342
2009 $42,347,217,913 $36,906,181,381
2008 $35,895,153,328 $31,862,554,102
2007 $31,958,195,182 $20,182,477,481
2006 $25,825,512,284 $14,502,553,710
2005 $18,737,895,513 $11,986,972,419
2004 $16,095,337,094 $10,567,354,056
2003 $14,904,517,650 $10,467,109,978
2002 $13,147,736,899 $6,777,632,512
2001 $12,986,007,426 $6,477,790,688
2000 $12,705,350,098 $8,905,066,164
1999 $12,896,010,459 $8,486,832,801
1998 $14,093,998,844 $6,459,461,639
1997 $13,115,764,358 $4,722,288,496
1996 $12,045,865,396 $6,123,556,717
1995 $9,046,320,255 $5,289,174,943
1994 $7,148,148,564 $4,432,257,174
1993 $5,751,786,643 $3,163,020,035
1992 $8,209,120,763 $2,411,552,289
1991 $8,151,488,783 $2,069,832,687
1990 $8,572,359,038 $2,115,193,513
1989 $8,283,114,514 $2,013,448,229
1988 $8,355,380,879 $1,541,088,312
1987 $7,970,820,369 $1,562,448,077
1986 $7,239,126,568 $1,582,873,750
1985 $6,135,034,214 $1,478,908,173
1984 $6,191,437,070 $1,304,063,253
1983 $5,979,198,314 $1,381,573,615
1982 $6,431,579,357 $1,481,165,468
1981 $6,854,491,706 $1,111,000,765
1980 $7,265,315,820 $1,038,225,167
1979 $6,234,391,113 $952,265,043
1978 $5,303,735,111 $935,408,775
1977 $4,494,378,764 $873,579,932
1976 $3,474,542,392 $1,204,699,849
1975 $3,259,345,083 $1,061,107,354
1974 $2,969,958,812 $1,225,589,878
1973 $2,509,001,324 $719,754,655
1972 $2,107,279,157 $662,213,083
1971 $1,778,391,289 $587,448,405
1970 $1,603,447,359 $563,555,631
1969 $1,458,379,417 $571,854,215
1968 $1,353,295,459 $559,956,130
1967 $1,232,559,507 $420,359,036
1966 $1,164,519,674 $293,103,479
1965 $997,919,321 $367,053,117
1964 $998,759,334 $411,419,906
1963 $926,589,349 $598,998,419
1962 $868,111,401 $634,528,872
1961 $792,959,473 $605,581,577
1960 $791,265,459 $545,098,448

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

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

GDP per capita in Kenya vs Myanmar by year

Kenya
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kenya Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,132 $6,644 $1,359 $5,997
2023 $1,943 $6,317 $1,233 $5,953
2022 $2,110 $5,883 $1,158 $5,732
2021 $2,061 $5,339 $1,243 $5,178
2020 $1,928 $4,793 $1,490 $5,741
2019 $1,960 $4,687 $1,426 $6,101
2018 $1,836 $4,412 $1,298 $5,581
2017 $1,667 $4,177 $1,273 $4,706
2016 $1,554 $3,917 $1,229 $4,460
2015 $1,489 $3,678 $1,167 $4,459
2014 $1,483 $3,359 $1,293 $4,376
2013 $1,371 $3,106 $1,199 $4,144
2012 $1,285 $2,847 $1,203 $3,845
2011 $1,096 $2,750 $1,214 $3,579
2010 $1,092 $2,635 $1,011 $3,348
2009 $1,048 $2,480 $758 $3,040
2008 $916 $2,459 $658 $2,748
2007 $840 $2,481 $419 $2,459
2006 $700 $2,330 $303 $2,153
2005 $523 $2,189 $252.7 $1,860
2004 $464 $2,066 $224.5 $1,601
2003 $443 $1,975 $224.3 $1,385
2002 $403 $1,940 $146.6 $1,204
2001 $411 $1,961 $141.5 $1,069
2000 $415 $1,907 $196.6 $949
1999 $434 $1,910 $189.5 $825
1998 $488 $1,895 $146 $742
1997 $467 $1,865 $108 $702
1996 $441 $1,875 $141.9 $661
1995 $340 $1,818 $124.1 $618
1994 $276.4 $1,754 $105.4 $573
1993 $229 $1,723 $76.2 $529
1992 $337 $1,728 $58.9 $494
1991 $345 $1,756 $51.2 $447
1990 $374 $1,729 $53.1 $441
1989 $374 - $51.3 -
1988 $391 - $39.9 -
1987 $387 - $41.1 -
1986 $364 - $42.4 -
1985 $320 - $40.4 -
1984 $334 - $36.3 -
1983 $335 - $39.3 -
1982 $374 - $43 -
1981 $413 - $32.8 -
1980 $454 - $31.2 -
1979 $403 - $29.2 -
1978 $355 - $29.3 -
1977 $311 - $27.9 -
1976 $248.9 - $39.2 -
1975 $241.2 - $35.2 -
1974 $227.2 - $41.4 -
1973 $198.6 - $24.8 -
1972 $172.6 - $23.3 -
1971 $150.9 - $21.1 -
1970 $141 - $20.7 -
1969 $133.3 - $21.5 -
1968 $128.7 - $21.5 -
1967 $121.9 - $16.5 -
1966 $119.8 - $11.8 -
1965 $106.9 - $15.1 -
1964 $111.3 - $17.3 -
1963 $107.4 - $25.8 -
1962 $104.6 - $27.9 -
1961 $99.3 - $27.3 -
1960 $102.8 - $25.1 -

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

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

Kenya's GDP per capita is $2,132, ranking 154/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Kenya ranks 149th at $6,644, while Myanmar ranks 153rd at $5,997.

Economic indicators

Kenya Myanmar
Gross domestic product
$120B
2024
$74.1B
2024
GDP rank
64/197
2024
85/197
2024
GDP growth
4.72%
2023-2024
-0.97%
2023-2024
GDP per capita
$2,132
2024
$1,359
2024
GDP per capita rank
154/197
2024
165/197
2024
GDP per capita, PPP
$6,644
2024
$5,997
2024
GDP per capita PPP rank
149/197
2024
153/197
2024
Government debt
$81B
2024
$44B
2024
Debt-to-GDP ratio
67.3%
2024
59.3%
2024
Government debt per person
$1,436
2024
$806
2024
Government debt per person rank
133/185
2024
150/185
2024
Average annual personal income after taxes
$3,229
2026
$1,646
2026
Market capitalization of domestic companies
$15B
2024
n/a
Income share by richest 10%
30.1%
2022
25.5%
2017
Income share by poorest 10%
2.9%
2022
3.8%
2017
Government expenditure, % of GDP
23.3%
2024
20.7%
2024
Consumer prices inflation
4.49%
2023-2024
8.83%
2018-2019
Central bank interest rate
9.25%
2025
n/a
Unemployment rate
5.44%
2022
1.48%
2020
Population
58955623
55292116

Spending and national debt comparison by year

Kenya
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Kenya Myanmar
Government spending Government debt Government spending Government debt
2024 23.3% 67.3% 20.7% 59.3%
2023 22.7% 73.4% 21.4% 59.1%
2022 23.2% 67.8% 21.3% 56.1%
2021 24% 68.2% 20.9% 63.4%
2020 24.8% 68% 21.3% 49.1%
2019 24.4% 59.1% 20.5% 37.6%
2018 24.5% 56.4% 18.7% 39.9%
2017 25.2% 53.9% 19.7% 41.9%
2016 25.4% 50.4% 21.3% 35.7%
2015 23.8% 45.8% 23.7% 36.6%
2014 23.4% 41.3% 24.7% 34.5%
2013 23.2% 39.8% 23.9% 44.8%
2012 22.1% 37.6% 20% 48%
2011 20.1% 35.7% 15.6% 49.9%
2010 21.5% 36.7% 15.8% 54.4%
2009 20.3% 36% 14.4% 56.4%
2008 18.9% 34.3% 14.4% 59.8%
2007 18.1% 34.2% 15.7% 77.4%
2006 17.3% 37.1% 15.6% 103.1%
2005 16.2% 37.4% 14.6% 119%
2004 15.4% 40.8% 14.6% 126.6%
2003 16% 43.8% 14.3% 146%
2002 15.7% 42% 15.3% 190.6%
2001 14.9% 41.3% 19.1% 262%
2000 14.1% 43.1% 21.4% 164.5%
1999 13.7% 38.4% 22.8% 150.7%
1998 15.3% 38.5% 25.2% 208.6%
1997 15.6% 36% - -
1996 15.2% 40.5% - -
1995 17.3% 52.1% - -
1994 18.8% 57% - -
1993 18.9% 61.6% - -
1992 17.6% 41.2% - -
1991 16.4% 43% - -
1990 17.2% 37.6% - -
1989 16.3% 33.4% - -
1988 15.9% 33.9% - -
1987 15.5% 36.3% - -
1986 15.3% 31.3% - -
1985 15.6% 28.8% - -
1984 14.9% 25.6% - -
1983 14.6% 26.1% - -
1982 16.2% 26.9% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20).

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

In 2024, Kenya's government spending was $28B, accounting for 23.3% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 67.3% in Kenya and 59.3% in Myanmar, ranking 64/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Kenya

Myanmar
1x
Year Deficit/surplus, % of GDP
Kenya Myanmar
2024 -5.77% -5.06%
2023 -5.71% -5.18%
2022 -6.06% -2.82%
2021 -7.2% -2.47%
2020 -8.13% -6.5%
2019 -7.42% -4.7%
2018 -6.94% -2.77%
2017 -7.4% -3.42%
2016 -7.47% -2.53%
2015 -6.68% -4.33%
2014 -5.75% -1.06%
2013 -5.25% -1.53%
2012 -5.29% -2.7%
2011 -3.64% -4.82%
2010 -3.67% -5.4%
2009 -3.12% -3.55%
2008 -1.95% -2.73%
2007 -0.95% -3.52%
2006 -0.43% -3.42%
2005 -0.19% -3.49%
2004 0.5% -4.62%
2003 -0.73% -4.24%
2002 -1.29% -4.01%
2001 -0.53% -6.34%
2000 0.38% -6.03%
1999 0.84% -4.46%
1998 -0.03% -4.89%
1997 -0.91% -
1996 -0.49% -
1995 -0.23% -
1994 -4.14% -
1993 -8.57% -
1992 -8.28% -
1991 -6.56% -
1990 -3.28% -
1989 -2.39% -
1988 -1.97% -
1987 -2.27% -
1986 -2.98% -
1985 -3.05% -
1984 -2.55% -
1983 -2.17% -
1982 -3.07% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

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

In 2024, Kenya's government deficit, the difference between spending and revenue, was $6.94B, equivalent to 5.77% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Kenya recorded a fiscal deficit in 24 of those years, while Myanmar ran a deficit in 27 years. On average, Kenya posted an annual deficit equal to 3.7% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Kenya

Myanmar
1x
Year Consumer prices inflation
Kenya Myanmar
2024 4.49% -
2023 7.67% -
2022 7.66% -
2021 6.11% -
2020 5.41% -
2019 5.24% 8.83%
2018 4.69% 6.87%
2017 8.01% 4.57%
2016 6.3% 6.93%
2015 6.58% 9.45%
2014 6.88% 4.95%
2013 5.72% 5.64%
2012 9.38% 1.47%
2011 14% 5.02%
2010 3.96% 7.72%
2009 9.23% 1.47%
2008 26.2% 26.8%
2007 9.76% 35%
2006 14.5% 20%
2005 10.3% 9.37%
2004 11.6% 4.53%
2003 9.82% 36.6%
2002 1.96% 57.1%
2001 5.74% 21.1%
2000 9.98% -0.11%
1999 5.74% 18.4%
1998 6.72% 51.5%
1997 11.4% 29.7%

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

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

Over the past 23 years, Kenya has recorded an average annual inflation rate of 8.86%, compared with 16.2% in Myanmar. In 2019, inflation was 4.49% in Kenya and 8.83% in Myanmar.

Top exports between countries

Kenya
Export category Export value
Animal & marine products $1.39M
Machinery & equipment $157K
Chemicals & pharma $62K
Wood & paper products $14K
Raw agricultural goods $8K
Textiles & consumer goods $5K
Raw materials & minerals $1K
Myanmar
Export category Export value
Raw agricultural goods $7.89M
Processed food, beverages & tobacco $62K
Machinery & equipment $14K
Animal & marine products $13K
Chemicals & pharma $10K
Miscellaneous $1K
Textiles & consumer goods $1K

Balance of trade

Kenya Myanmar
Current account balance
-$1.55B
2024
$67.7M
2019
Current account balance ranking
134/190
2024
71/190
2019
Current account balance, % of GDP
-1.29%
2024
+0.09%
2019
Goods imports
$22.2B
2024
$13.7B
2019
Goods exports
$12.5B
2024
$10.8B
2019
Service imports
$5.64B
2024
$3.66B
2019
Service exports
$8.04B
2024
$6.68B
2019
Imports of goods and services, % of GDP
23.1%
2024
n/a
Exports of goods and services, % of GDP
17.1%
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.

Kenya Myanmar
Economic freedom 55.5 44.5
Economic freedom ranking 128/197 180/197
Property rights 40.2 5.7
Government integrity 32.7 18.1
Judicial effectiveness 47 3.9
Tax burden 76.3 88.6
Government spending 84.1 86.6
Fiscal health 36.2 62.7
Business freedom 61.5 37.9
Labor freedom 56.5 53.2
Monetary freedom 75.1 57.5
Trade freedom 52 69.4
Investment freedom 55 30
Financial freedom 50 20

Economic freedom comparison by year

Kenya
Myanmar
1x
Year Economic freedom index
Kenya Myanmar
2026 55.5 44.5
2025 54.8 43.7
2024 53.6 42.2
2023 52.5 46.5
2022 52.6 49.6
2021 54.9 55.2
2020 55.3 54
2019 55.1 53.6
2018 54.7 53.9
2017 53.5 52.5
2016 57.5 48.7
2015 55.6 46.9
2014 57.1 46.5
2013 55.9 39.2
2012 57.5 38.7
2011 57.4 37.8
2010 57.5 36.7
2009 58.7 37.7
2008 59.3 39.5
2007 59.6 41
2006 59.7 40
2005 57.9 40.5
2004 57.7 43.6
2003 58.6 44.9
2002 58.2 45.5
2001 57.6 46.1
2000 59.7 47.9
1999 58.2 46.4
1998 58.4 45.7
1997 60.1 45.4
1996 56.4 45.1
1995 54.5 -

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

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

The Economic Freedom Index for Kenya is 55.5, ranking 128/197, 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

Kenya Myanmar
Services, % of GDP
55.3%
2024
41.4%
2024
Industry, % of GDP
16.5%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
22.5%
2024
20.8%
2024
GNI, Atlas method
$118B
2024
$65.9B
2024
GNI per capita, PPP
$6,540
2024
$5,890
2024
Total reserves including gold
$10.1B
2024
$9.34B
2023
Total reserves ranking
75/177
2024
81/177
2023
Net foreign direct investment
-$45.8M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$463M
2024
$1.1B
2024
Net outflows of foreign direct investment
$418M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.79%
2024
1.31%
2024
Poverty at national poverty lines
39.8%
2022
24.8%
2017
Gross capital formation, % of GDP
16.8%
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/kenya/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 (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20)
  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)

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.