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Economy of Myanmar vs Namibia compared: GDP & Debt

Updated on by Georank

Myanmar has a GDP of $81.7B compared to $15.1B for Namibia, ranking 85/197 and 146/197 by economy size, respectively.

Myanmar has $42.4B in government debt (51.9% of GDP), compared to $10.6B (70.2% of GDP) in Namibia.

Myanmar vs Namibia GDP by year

Myanmar
Namibia
1x
Year GDP, current $
Myanmar Namibia
2025 $81,665,773,810 $15,080,340,654
2024 $74,068,349,524 $13,641,190,683
2023 $66,757,619,000 $12,522,012,874
2022 $62,253,049,892 $12,569,449,123
2021 $66,345,291,160 $12,402,486,184
2020 $79,006,113,643 $10,583,748,542
2019 $75,065,106,228 $12,541,928,303
2018 $67,860,515,990 $13,682,019,076
2017 $66,053,040,483 $12,895,153,371
2016 $63,298,361,996 $10,722,018,732
2015 $59,607,290,408 $11,335,161,084
2014 $65,531,374,200 $12,435,430,970
2013 $60,269,732,855 $12,043,307,277
2012 $59,937,796,648 $13,042,053,592
2011 $59,977,326,086 $12,523,359,441
2010 $49,540,813,342 $11,431,412,421
2009 $36,906,181,381 $8,938,847,189
2008 $31,862,554,102 $8,607,431,497
2007 $20,182,477,481 $8,839,536,476
2006 $14,502,553,710 $8,001,779,551
2005 $11,986,972,419 $7,248,374,838
2004 $10,567,354,056 $6,609,205,995
2003 $10,467,109,978 $4,926,439,384
2002 $6,777,632,512 $3,349,169,826
2001 $6,477,790,688 $3,557,341,215
2000 $8,905,066,164 $3,922,232,165
1999 $8,486,832,801 $3,868,551,730
1998 $6,459,461,639 $3,873,109,866
1997 $4,722,288,496 $4,154,989,950
1996 $6,123,556,717 $3,989,163,197
1995 $5,289,174,943 $3,978,514,206
1994 $4,432,257,174 $3,666,503,530
1993 $3,163,020,035 $3,251,188,833
1992 $2,411,552,289 $3,429,521,699
1991 $2,069,832,687 $2,996,869,281
1990 $2,115,193,513 $2,789,921,854
1989 $2,013,448,229 $2,535,135,798
1988 $1,541,088,312 $2,495,094,746
1987 $1,562,448,077 $2,300,068,217
1986 $1,582,873,750 $1,809,048,527
1985 $1,478,908,173 $1,608,237,350
1984 $1,304,063,253 $1,951,260,038
1983 $1,381,573,615 $2,297,400,688
1982 $1,481,165,468 $2,118,710,248
1981 $1,111,000,765 $2,249,908,578
1980 $1,038,225,167 $2,421,990,338
1979 $952,265,043 -
1978 $935,408,775 -
1977 $873,579,932 -
1976 $1,204,699,849 -
1975 $1,061,107,354 -
1974 $1,225,589,878 -
1973 $719,754,655 -
1972 $662,213,083 -
1971 $587,448,405 -
1970 $563,555,631 -
1969 $571,854,215 -
1968 $559,956,130 -
1967 $420,359,036 -
1966 $293,103,479 -
1965 $367,053,117 -
1964 $411,419,906 -
1963 $598,998,419 -
1962 $634,528,872 -
1961 $605,581,577 -
1960 $545,098,448 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Myanmar vs Namibia by year

Myanmar
GDP per capita

GDP per capita, PPP
Namibia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Namibia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,489 - $4,876 -
2024 $1,359 $5,997 $4,502 $11,687
2023 $1,233 $5,953 $4,226 $11,251
2022 $1,158 $5,732 $4,350 $10,663
2021 $1,243 $5,178 $4,413 $9,709
2020 $1,490 $5,741 $3,879 $9,354
2019 $1,426 $6,101 $4,732 $9,609
2018 $1,298 $5,581 $5,309 $9,854
2017 $1,273 $4,706 $5,144 $9,888
2016 $1,229 $4,460 $4,396 $10,200
2015 $1,167 $4,459 $4,774 $10,466
2014 $1,293 $4,376 $5,378 $10,365
2013 $1,199 $4,144 $5,347 $9,699
2012 $1,203 $3,845 $5,943 $9,364
2011 $1,214 $3,579 $5,835 $9,002
2010 $1,011 $3,348 $5,418 $8,538
2009 $758 $3,040 $4,303 $8,079
2008 $658 $2,748 $4,205 $8,125
2007 $419 $2,459 $4,379 $7,875
2006 $303 $2,153 $4,017 $7,374
2005 $252.7 $1,860 $3,686 $6,767
2004 $224.5 $1,601 $3,403 $6,480
2003 $224.3 $1,385 $2,569 $5,693
2002 $146.6 $1,204 $1,772 $5,433
2001 $141.5 $1,069 $1,916 $5,196
2000 $196.6 $949 $2,157 $5,129
1999 $189.5 $825 $2,178 $4,961
1998 $146 $742 $2,235 $4,852
1997 $108 $702 $2,460 $4,764
1996 $141.9 $661 $2,423 $4,612
1995 $124.1 $618 $2,483 $4,509
1994 $105.4 $573 $2,356 $4,376
1993 $76.2 $529 $2,155 $4,345
1992 $58.9 $494 $2,347 $4,452
1991 $51.2 $447 $2,117 $4,192
1990 $53.1 $441 $2,037 $3,875
1989 $51.3 - $1,967 -
1988 $39.9 - $2,063 -
1987 $41.1 - $1,969 -
1986 $42.4 - $1,599 -
1985 $40.4 - $1,466 -
1984 $36.3 - $1,830 -
1983 $39.3 - $2,214 -
1982 $43 - $2,097 -
1981 $32.8 - $2,267 -
1980 $31.2 - $2,468 -
1979 $29.2 - - -
1978 $29.3 - - -
1977 $27.9 - - -
1976 $39.2 - - -
1975 $35.2 - - -
1974 $41.4 - - -
1973 $24.8 - - -
1972 $23.3 - - -
1971 $21.1 - - -
1970 $20.7 - - -
1969 $21.5 - - -
1968 $21.5 - - -
1967 $16.5 - - -
1966 $11.8 - - -
1965 $15.1 - - -
1964 $17.3 - - -
1963 $25.8 - - -
1962 $27.9 - - -
1961 $27.3 - - -
1960 $25.1 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Myanmar's GDP per capita is $1,489, ranking 166/197, compared to $4,876 in Namibia, ranking 125/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Namibia ranks 128th at $11,687.

Economic indicators

Myanmar Namibia
Gross domestic product
$81.7B
2025
$15.1B
2025
GDP rank
85/197
2025
146/197
2025
GDP growth
-2.01%
2024-2025
1.73%
2024-2025
GDP per capita
$1,489
2025
$4,876
2025
GDP per capita rank
166/197
2025
125/197
2025
GDP per capita, PPP
$5,997
2024
$11,687
2024
GDP per capita PPP rank
153/197
2024
128/197
2024
Government debt
$42.4B
2025
$10.6B
2025
Debt-to-GDP ratio
51.9%
2025
70.2%
2025
Government debt per person
$773
2025
$3,425
2025
Government debt per person rank
152/185
2025
97/185
2025
Average annual personal income after taxes
$2,165
2026
$3,433
2026
Market capitalization of domestic companies n/a
$2.48B
2024
Income share by richest 10%
25.5%
2017
47.2%
2015
Income share by poorest 10%
3.8%
2017
1%
2015
Government expenditure, % of GDP
25.2%
2025
39.4%
2025
Consumer prices inflation
8.83%
2018-2019
3.5%
2024-2025
Central bank interest rate n/a
6.5%
2025
Unemployment rate
1.48%
2020
19.9%
2018
Population
55361818
3185686

Spending and national debt comparison by year

Myanmar
Spending

Debt
Namibia
Spending

Debt
1x
Year % of GDP
Myanmar Namibia
Government spending Government debt Government spending Government debt
2025 25.2% 51.9% 39.4% 70.2%
2024 25.8% 50.6% 39.6% 69.8%
2023 21.4% 53.2% 37% 67.9%
2022 21.3% 56% 36.6% 70.1%
2021 20.9% 63.4% 39.3% 69.6%
2020 21.3% 49.1% 41.5% 64.3%
2019 20.5% 37.6% 37.4% 57.6%
2018 18.7% 39.9% 36.3% 48.7%
2017 19.7% 41.9% 38.1% 43.8%
2016 21.3% 35.7% 41.8% 45.8%
2015 23.7% 36.6% 43.7% 42.1%
2014 24.7% 34.5% 41.8% 27.6%
2013 23.9% 44.8% 38.3% 26.1%
2012 20% 48% 35% 24.6%
2011 15.6% 49.9% 38.5% 27.4%
2010 15.8% 54.4% 33.5% 16.3%
2009 14.4% 56.4% 32% 15.9%
2008 14.4% 59.8% 28.4% 19.1%
2007 15.7% 77.4% 26.1% 19.4%
2006 15.6% 103.1% 27.4% 26.1%
2005 14.6% 119% 27.7% 26.9%
2004 14.6% 126.6% 28.4% 29.2%
2003 14.3% 146% 31.1% 27.1%
2002 15.3% 190.6% 29.8% 22.2%
2001 19.1% 262% 30.7% 24.4%
2000 21.4% 164.5% 30.1% 20.9%
1999 22.8% 150.7% 31.8% 21.8%
1998 25.2% 208.6% 31.3% 19.6%
1997 - - 30.9% 17.7%
1996 - - 30.4% 18.7%
1995 - - 29.6% 18%
1994 - - 28.7% 16.4%
1993 - - 32.4% 17.2%
1992 - - 32.8% 14.1%
1991 - - 33% 11.8%
1990 - - 30.2% 12.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1992, retrieved 2026-07-08).

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

In 2025, Myanmar's government spending was $20.6B, accounting for 25.2% of its GDP, while Namibia spent $5.94B, or 39.4% of GDP.

Debt-to-GDP ratio is 51.9% in Myanmar and 70.2% in Namibia, ranking 101/185 and 57/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Namibia
1x
Year Deficit/surplus, % of GDP
Myanmar Namibia
2025 -4.94% -6.46%
2024 -4.11% -3.84%
2023 -2.76% -3.14%
2022 -2.75% -6.33%
2021 -2.22% -8.68%
2020 -6.5% -8.07%
2019 -4.7% -5.49%
2018 -2.77% -5.09%
2017 -3.42% -4.99%
2016 -2.53% -9.3%
2015 -4.33% -8.3%
2014 -1.06% -6.44%
2013 -1.53% -4.69%
2012 -2.7% -3.1%
2011 -4.82% -7.09%
2010 -5.4% -4.98%
2009 -3.55% -0.4%
2008 -2.73% 3.48%
2007 -3.52% 6.01%
2006 -3.42% 3.41%
2005 -3.49% -0.31%
2004 -4.62% -2.67%
2003 -4.24% -4.47%
2002 -4.01% -1.38%
2001 -6.34% -2.01%
2000 -6.03% -0.79%
1999 -4.46% -1.88%
1998 -4.89% -2.76%
1997 - -2.38%
1996 - -3.7%
1995 - -1.74%
1994 - -0.57%
1993 - -2.73%
1992 - -2.55%
1991 - -1.59%
1990 - 1.08%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Myanmar's government deficit, the difference between spending and revenue, was $4.04B, equivalent to 4.94% of GDP. This compares to Namibia's deficit of $974M, or 6.46% of GDP.

Over the past 28 years, Myanmar recorded a fiscal deficit in 28 of those years, while Namibia ran a deficit in 25 years. On average, Myanmar posted an annual deficit equal to 3.85% of GDP, compared to deficit of 3.56% of GDP for Namibia.

Inflation comparison by year

Inflation
Myanmar

Namibia
1x
Year Consumer prices inflation
Myanmar Namibia
2025 - 3.5%
2024 - 4.2%
2023 - 5.9%
2022 - 6.1%
2021 - 3.6%
2020 - 2.2%
2019 8.83% 3.7%
2018 6.87% 4.3%
2017 4.57% 6.1%
2016 6.93% 6.7%
2015 9.45% 3.4%
2014 4.95% 5.3%
2013 5.64% 5.6%
2012 1.47% 6.7%
2011 5.02% 5%
2010 7.72% 4.9%
2009 1.47% 9.5%
2008 26.8% 9.1%
2007 35% 6.5%
2006 20% 5%
2005 9.37% 2.3%
2004 4.53% 4.1%
2003 36.6% 7.2%
2002 57.1% 12.7%
2001 21.1% 10.2%
2000 -0.11% 10.2%
1999 18.4% 9.4%
1998 51.5% 6.6%
1997 29.7% 9.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2019, retrieved 2026-07-08).

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

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 6.7% in Namibia. In 2019, inflation was 8.83% in Myanmar and 3.5% in Namibia.

Top exports between countries

Myanmar
Export category Export value
Namibia
Export category Export value
Processed food, beverages & tobacco $87K

Balance of trade

Myanmar Namibia
Current account balance
$67.7M
2019
-$1.83B
2024
Current account balance ranking
66/190
2019
138/190
2024
Current account balance, % of GDP
+0.09%
2019
-13.4%
2024
Goods imports
$13.7B
2019
$6.77B
2024
Goods exports
$10.8B
2019
$4.67B
2024
Service imports
$3.66B
2019
$2.47B
2024
Service exports
$6.68B
2019
$1.29B
2024
Imports of goods and services, % of GDP n/a
63.9%
2025
Exports of goods and services, % of GDP
24.3%
2026
44.7%
2025

Economic freedom indices

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

Myanmar Namibia
Economic freedom 44.5 60.2
Economic freedom ranking 180/197 95/197
Property rights 5.7 63.1
Government integrity 18.1 51.5
Judicial effectiveness 3.9 67.2
Tax burden 88.6 66.4
Government spending 86.6 57.1
Fiscal health 62.7 60.5
Business freedom 37.9 58
Labor freedom 53.2 62.7
Monetary freedom 57.5 76.1
Trade freedom 69.4 69.8
Investment freedom 30 50
Financial freedom 20 40

Economic freedom comparison by year

Myanmar
Namibia
1x
Year Economic freedom index
Myanmar Namibia
2026 44.5 60.2
2025 43.7 58.7
2024 42.2 57.5
2023 46.5 57.7
2022 49.6 59.2
2021 55.2 62.6
2020 54 60.9
2019 53.6 58.7
2018 53.9 58.5
2017 52.5 62.5
2016 48.7 61.9
2015 46.9 59.6
2014 46.5 59.4
2013 39.2 60.3
2012 38.7 61.9
2011 37.8 62.7
2010 36.7 62.2
2009 37.7 62.4
2008 39.5 61.4
2007 41 63.5
2006 40 60.7
2005 40.5 61.4
2004 43.6 62.4
2003 44.9 67.3
2002 45.5 65.1
2001 46.1 64.8
2000 47.9 66.7
1999 46.4 66.1
1998 45.7 66.1
1997 45.4 61.6
1996 45.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 60.2 for Namibia, ranking 95/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Namibia
Services, % of GDP
38.5%
2025
55%
2025
Industry, % of GDP
36.2%
2025
28.9%
2025
Agriculture, forestry, and fishing, % of GDP
25.3%
2025
6.99%
2025
GNI, Atlas method
$72.3B
2025
$13.4B
2025
GNI per capita, PPP
$5,890
2025
$11,260
2025
Total reserves including gold
$9.34B
2023
$3.1B
2025
Total reserves ranking
85/177
2023
119/177
2025
Net foreign direct investment
-$1.74B
2019
-$1.89B
2024
Net inflows of foreign direct investment
$1.1B
2024
$1.93B
2024
Net outflows of foreign direct investment
$0
2024
$44.4M
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
n/a
Poverty at national poverty lines
24.8%
2017
17.4%
2015
Gross capital formation, % of GDP n/a
18.7%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1992, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. TradeMap (2022, retrieved 2026-07-08)

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.