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

StatMyanmarNew Zealand
GDP$71.2B$204.9B
GDP growth, 1 year6.7%3%
GDP growth, 5-years average6.8%3.4%
Population53.4M4.9M
GDP per capita$1.3k$42k
GDP per capita growth5.56%0.85%
Purchasing Power Parity conversion factor290.171.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.291.02
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

StatMyanmarNew Zealand
Income Tax Rate20%33%
Corporate Tax Rate30%28%
Inflation, consumer prices5.9%1.6%
Inflation, GDP deflator8.3%1.1%
Unemployment1.6%4.5%
Economic Freedom Index5484.1
Personal Freedom Index5.969.42
Human Freedom Index4.818.94
Property Rights Index32.593.3
Judical Effectiveness Index14.379.1
Business Freedom Index53.190.4
Fiscal Health Index84.698.3
Labor Freedom Index59.986.7
Investment Freedom Index3080
Financial Freedom Index2080
Trade Freedom Index70.892.2
Monetary Freedom Index77.587
Government Spending Index87.557.8
Tax Burden Index86.671
Government Integrity Index31.593.9
Corruption Perceptions Index2987
Life expectancy at birth, years66.681.7
Suicide mortality rate, per 100,000 people7.812.1
Mortality caused by road traffic injury, per 100,000 people19.97.8
Intentional homicides, per 100,000 people2.30.7
International tourism, number of arrivals3.6M3.7M

Government debt & reserves

StatMyanmarNew Zealand
Central government debt, % of GDP38.2%29.4%
External debt stocks, % of GNI21.5%N/A
External debt stocks$14.9BN/A
Short-term debt, % of total reserves15.6%N/A
Total debt service, % of exports and primary income4.9%N/A
Adjusted net savings including particulate emission damage, % of GNI23.1%13.9%
Gross savings, % of GDP29.2%19.6%
Gross capital formation, % of GDP32.8%23.9%
Total reserves including gold$5.6B$17.7B
Foreign direct investment net inflows$1.3B$2.1B

Exports, imports and economic structure

StatMyanmarNew Zealand
Exports of goods and services, % of GDP20%28.1%
Imports of goods and services, % of GDP28%28.3%
Current account balance (balance of payments)-$2.1B-$7.7B
Revenue excluding grants, % of GDP15.8%33%
Grants excluding technical cooperation, BoP$886.7MN/A
Personal remittances received$2.8B$452.5M
Industry including construction value added, % of GDP32.3%19.2%
Agriculture, forestry and fishing value added, % of GDP24.6%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 GDP16.8%30.7%
Government Expenditure, % of GDP20.4%37.5%

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
Nepal
$1k
29.4M
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

New Zealand vs

CountryGDP
per capita
Population
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M