Myanmar vs New Zealand: Economic Indicators Comparison
New Zealand with a GDP of $204.9B ranked the 53rd largest economy in the world, while Myanmar ranked 71st with $71.2B. By GDP 5-years average growth and GDP per capita, New Zealand and Myanmar ranked 72nd vs 13th and 25th vs 164th, respectively.
Gross Domestic Product & Income
Stat | Myanmar | New Zealand |
---|---|---|
GDP | $71.2B | $204.9B |
GDP growth, 1 year | 6.7% | 3% |
GDP growth, 5-years average | 6.8% | 3.4% |
Population | 53.4M | 4.9M |
GDP per capita | $1.3k | $42k |
GDP per capita growth | 5.56% | 0.85% |
Purchasing Power Parity conversion factor | 290.17 | 1.48 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.29 | 1.02 |
GDP per capita, PPP adjusted | $6.2k | $40k |
GNI, Atlas method | $70.2B | $198.6B |
GNI per capita | $1.3k | $41k |
GNI, PPP adjusted | $348.9B | $192.5B |
GNI per capita, PPP adjusted | $6.5k | $39k |
Financial system and Human development
Stat | Myanmar | New Zealand |
---|---|---|
Income Tax Rate | 20% | 33% |
Corporate Tax Rate | 30% | 28% |
Inflation, consumer prices | 5.9% | 1.6% |
Inflation, GDP deflator | 8.3% | 1.1% |
Unemployment | 1.6% | 4.5% |
Economic Freedom Index | 54 | 84.1 |
Personal Freedom Index | 5.96 | 9.42 |
Human Freedom Index | 4.81 | 8.94 |
Property Rights Index | 32.5 | 93.3 |
Judical Effectiveness Index | 14.3 | 79.1 |
Business Freedom Index | 53.1 | 90.4 |
Fiscal Health Index | 84.6 | 98.3 |
Labor Freedom Index | 59.9 | 86.7 |
Investment Freedom Index | 30 | 80 |
Financial Freedom Index | 20 | 80 |
Trade Freedom Index | 70.8 | 92.2 |
Monetary Freedom Index | 77.5 | 87 |
Government Spending Index | 87.5 | 57.8 |
Tax Burden Index | 86.6 | 71 |
Government Integrity Index | 31.5 | 93.9 |
Corruption Perceptions Index | 29 | 87 |
Life expectancy at birth, years | 66.6 | 81.7 |
Suicide mortality rate, per 100,000 people | 7.8 | 12.1 |
Mortality caused by road traffic injury, per 100,000 people | 19.9 | 7.8 |
Intentional homicides, per 100,000 people | 2.3 | 0.7 |
International tourism, number of arrivals | 3.6M | 3.7M |
Government debt & reserves
Stat | Myanmar | New Zealand |
---|---|---|
Central government debt, % of GDP | 38.2% | 29.4% |
External debt stocks, % of GNI | 21.5% | N/A |
External debt stocks | $14.9B | N/A |
Short-term debt, % of total reserves | 15.6% | N/A |
Total debt service, % of exports and primary income | 4.9% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 23.1% | 13.9% |
Gross savings, % of GDP | 29.2% | 19.6% |
Gross capital formation, % of GDP | 32.8% | 23.9% |
Total reserves including gold | $5.6B | $17.7B |
Foreign direct investment net inflows | $1.3B | $2.1B |
Exports, imports and economic structure
Stat | Myanmar | New Zealand |
---|---|---|
Exports of goods and services, % of GDP | 20% | 28.1% |
Imports of goods and services, % of GDP | 28% | 28.3% |
Current account balance (balance of payments) | -$2.1B | -$7.7B |
Revenue excluding grants, % of GDP | 15.8% | 33% |
Grants excluding technical cooperation, BoP | $886.7M | N/A |
Personal remittances received | $2.8B | $452.5M |
Industry including construction value added, % of GDP | 32.3% | 19.2% |
Agriculture, forestry and fishing value added, % of GDP | 24.6% | 6.6% |
Charges for the use of intellectual property, payments BoP | $47.3M | $912.8M |
Charges for the use of intellectual property, receipts BoP | $2.6M | $540.5M |
Expense, % of GDP | 16.8% | 30.7% |
Government Expenditure, % of GDP | 20.4% | 37.5% |