Myanmar vs Nepal: Economic Indicators Comparison

Myanmar with a GDP of $71.2B ranked the 71st largest economy in the world, while Nepal ranked 103rd with $29B. By GDP 5-years average growth and GDP per capita, Myanmar and Nepal ranked 13th vs 37th and 164th vs 170th, respectively.

Gross Domestic Product & Income

StatMyanmarNepal
GDP$71.2B$29B
GDP growth, 1 year6.7%6.3%
GDP growth, 5-years average6.8%4.8%
Population53.4M29.4M
GDP per capita$1.3k$1k
GDP per capita growth5.56%4.91%
Purchasing Power Parity conversion factor290.1734.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.290.33
GDP per capita, PPP adjusted$6.2k$2.9k
GNI, Atlas method$70.2B$27.2B
GNI per capita$1.3k$970
GNI, PPP adjusted$348.9B$87.4B
GNI per capita, PPP adjusted$6.5k$3.1k

Financial system and Human development

StatMyanmarNepal
Income Tax Rate20%25%
Corporate Tax Rate30%25%
Inflation, consumer prices5.9%4.2%
Inflation, GDP deflator8.3%6.3%
Unemployment1.6%1.3%
Economic Freedom Index5454.2
Personal Freedom Index5.967.75
Human Freedom Index4.816.83
Property Rights Index32.540.7
Judical Effectiveness Index14.332
Business Freedom Index53.161.6
Fiscal Health Index84.698.1
Labor Freedom Index59.953.7
Investment Freedom Index3010
Financial Freedom Index2030
Trade Freedom Index70.860.4
Monetary Freedom Index77.571.2
Government Spending Index87.577.9
Tax Burden Index86.683.4
Government Integrity Index31.531.5
Corruption Perceptions Index2931
Life expectancy at birth, years66.670.2
Suicide mortality rate, per 100,000 people7.88.8
Mortality caused by road traffic injury, per 100,000 people19.915.9
Intentional homicides, per 100,000 people2.32.2
International tourism, number of arrivals3.6M1.2M

Government debt & reserves

StatMyanmarNepal
Central government debt, % of GDP38.2%30.4%
External debt stocks, % of GNI21.5%18.9%
External debt stocks$14.9B$5.5B
Short-term debt, % of total reserves15.6%3%
Total debt service, % of exports and primary income4.9%8.5%
Adjusted net savings including particulate emission damage, % of GNI23.1%38.1%
Gross savings, % of GDP29.2%49.5%
Gross capital formation, % of GDP32.8%55.2%
Total reserves including gold$5.6B$8.3B
Foreign direct investment net inflows$1.3B$68.2M

Exports, imports and economic structure

StatMyanmarNepal
Exports of goods and services, % of GDP20%8.9%
Imports of goods and services, % of GDP28%46.3%
Current account balance (balance of payments)-$2.1B-$2.8B
Revenue excluding grants, % of GDP15.8%22.9%
Grants excluding technical cooperation, BoP$886.7M$629.7M
Personal remittances received$2.8B$8.3B
Industry including construction value added, % of GDP32.3%13.5%
Agriculture, forestry and fishing value added, % of GDP24.6%25.3%
Charges for the use of intellectual property, payments BoP$47.3MN/A
Charges for the use of intellectual property, receipts BoP$2.6MN/A
Expense, % of GDP16.8%19.4%
Government Expenditure, % of GDP20.4%27.2%

Compare with countries close by GDP per capita

Myanmar vs

CountryGDP
per capita
Population
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M

Nepal vs

CountryGDP
per capita
Population
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M