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Economy of Myanmar vs Pakistan compared: GDP & Debt

Updated on by Georank team

Myanmar has a GDP of $74.1B compared to $372B for Pakistan, ranking 85/197 and 43/197 by economy size, respectively.

Myanmar has $44B in government debt (59.3% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Myanmar vs Pakistan GDP by year

Myanmar
Pakistan
1x
Year GDP, current $
Myanmar Pakistan
2024 $74,068,349,524 $371,570,000,121
2023 $66,757,619,000 $336,686,348,609
2022 $62,253,049,903 $374,890,295,667
2021 $66,345,291,149 $348,516,647,445
2020 $79,006,113,670 $300,425,609,818
2019 $75,065,106,243 $320,909,472,771
2018 $67,860,515,993 $356,128,166,705
2017 $66,053,040,475 $339,205,534,861
2016 $63,298,361,984 $313,630,000,130
2015 $59,607,290,408 $299,963,590,535
2014 $65,531,374,210 $271,390,474,858
2013 $60,269,732,855 $258,657,231,672
2012 $59,937,796,648 $250,106,966,105
2011 $59,977,326,086 $230,586,581,060
2010 $49,540,813,342 $196,709,621,850
2009 $36,906,181,381 $187,337,783,856
2008 $31,862,554,102 $202,203,748,584
2007 $20,182,477,481 $184,140,869,997
2006 $14,502,553,710 $161,871,385,506
2005 $11,986,972,419 $145,208,562,961
2004 $10,567,354,056 $132,216,048,339
2003 $10,467,109,978 $112,371,913,741
2002 $6,777,632,512 $97,923,302,809
2001 $6,477,790,688 $97,145,618,480
2000 $8,905,066,164 $99,484,802,345
1999 $8,486,832,801 $62,973,857,069
1998 $6,459,461,639 $62,191,955,814
1997 $4,722,288,496 $62,433,340,468
1996 $6,123,556,717 $63,320,170,084
1995 $5,289,174,943 $60,636,071,684
1994 $4,432,257,174 $52,293,470,813
1993 $3,163,020,035 $51,809,999,353
1992 $2,411,552,289 $48,884,671,947
1991 $2,069,832,687 $45,625,336,680
1990 $2,115,193,513 $40,010,423,970
1989 $2,013,448,229 $40,171,106,279
1988 $1,541,088,312 $38,472,742,808
1987 $1,562,448,077 $33,351,529,275
1986 $1,582,873,750 $31,899,070,056
1985 $1,478,908,173 $31,144,920,844
1984 $1,304,063,253 $31,151,825,467
1983 $1,381,573,615 $28,691,889,764
1982 $1,481,165,468 $30,725,971,564
1981 $1,111,000,765 $28,100,606,061
1980 $1,038,225,167 $23,654,444,444
1979 $952,265,043 $19,688,383,838
1978 $935,408,775 $17,811,515,152
1977 $873,579,932 $15,126,060,606
1976 $1,204,699,849 $13,168,080,808
1975 $1,061,107,354 $11,230,606,061
1974 $1,225,589,878 $8,899,191,919
1973 $719,754,655 $6,383,429,490
1972 $662,213,083 $9,415,016,360
1971 $587,448,405 $10,665,896,682
1970 $563,555,631 $10,027,509,450
1969 $571,854,215 $8,683,116,338
1968 $559,956,130 $8,041,999,160
1967 $420,359,036 $7,464,510,710
1966 $293,103,479 $6,561,108,778
1965 $367,053,117 $5,929,231,415
1964 $411,419,906 $5,204,955,901
1963 $598,998,419 $4,630,827,383
1962 $634,528,872 $4,310,163,797
1961 $605,581,577 $4,118,647,627
1960 $545,098,448 $3,749,265,015

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

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

GDP per capita in Myanmar vs Pakistan by year

Myanmar
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,359 $5,997 $1,479 $6,252
2023 $1,233 $5,953 $1,360 $6,014
2022 $1,158 $5,732 $1,538 $5,920
2021 $1,243 $5,178 $1,455 $5,367
2020 $1,490 $5,741 $1,278 $5,048
2019 $1,426 $6,101 $1,390 $5,038
2018 $1,298 $5,581 $1,569 $4,979
2017 $1,273 $4,706 $1,519 $4,790
2016 $1,229 $4,460 $1,425 $4,631
2015 $1,167 $4,459 $1,380 $4,480
2014 $1,293 $4,376 $1,267 $4,313
2013 $1,199 $4,144 $1,225 $4,174
2012 $1,203 $3,845 $1,204 $4,047
2011 $1,214 $3,579 $1,132 $3,880
2010 $1,011 $3,348 $987 $3,786
2009 $758 $3,040 $964 $3,777
2008 $658 $2,748 $1,067 $3,721
2007 $419 $2,459 $998 $3,672
2006 $303 $2,153 $901 $3,515
2005 $252.7 $1,860 $828 $3,293
2004 $224.5 $1,601 $772 $3,048
2003 $224.3 $1,385 $672 $2,822
2002 $146.6 $1,204 $600 $2,688
2001 $141.5 $1,069 $610 $2,644
2000 $196.6 $949 $642 $2,565
1999 $189.5 $825 $418 $2,475
1998 $146 $742 $424 $2,419
1997 $108 $702 $438 $2,398
1996 $141.9 $661 $457 $2,401
1995 $124.1 $618 $451 $2,315
1994 $105.4 $573 $400 $2,224
1993 $76.2 $529 $408 $2,160
1992 $58.9 $494 $396 $2,132
1991 $51.2 $447 $380 $1,992
1990 $53.1 $441 $344 $1,895
1989 $51.3 - $358 -
1988 $39.9 - $354 -
1987 $41.1 - $317 -
1986 $42.4 - $314 -
1985 $40.4 - $317 -
1984 $36.3 - $327 -
1983 $39.3 - $311 -
1982 $43 - $345 -
1981 $32.8 - $328 -
1980 $31.2 - $287.4 -
1979 $29.2 - $249.2 -
1978 $29.3 - $233.4 -
1977 $27.9 - $204.7 -
1976 $39.2 - $183.9 -
1975 $35.2 - $161.7 -
1974 $41.4 - $132 -
1973 $24.8 - $97.5 -
1972 $23.3 - $148.1 -
1971 $21.1 - $172.5 -
1970 $20.7 - $166.7 -
1969 $21.5 - $148.5 -
1968 $21.5 - $141.6 -
1967 $16.5 - $135.2 -
1966 $11.8 - $122.2 -
1965 $15.1 - $113.6 -
1964 $17.3 - $102.5 -
1963 $25.8 - $93.7 -
1962 $27.9 - $89.5 -
1961 $27.3 - $87.8 -
1960 $25.1 - $82 -

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

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

Myanmar's GDP per capita is $1,359, ranking 165/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Pakistan ranks 150th at $6,252.

Economic indicators

Myanmar Pakistan
Gross domestic product
$74.1B
2024
$372B
2024
GDP rank
85/197
2024
43/197
2024
GDP growth
-0.97%
2023-2024
3.05%
2023-2024
GDP per capita
$1,359
2024
$1,479
2024
GDP per capita rank
165/197
2024
163/197
2024
GDP per capita, PPP
$5,997
2024
$6,252
2024
GDP per capita PPP rank
153/197
2024
150/197
2024
Government debt
$44B
2024
$262B
2024
Debt-to-GDP ratio
59.3%
2024
70.4%
2024
Government debt per person
$806
2024
$1,041
2024
Government debt per person rank
150/185
2024
140/185
2024
Average annual personal income after taxes
$1,646
2026
$1,668
2026
Market capitalization of domestic companies n/a
$52.1B
2024
Income share by richest 10%
25.5%
2017
25.5%
2018
Income share by poorest 10%
3.8%
2017
4.2%
2018
Government expenditure, % of GDP
20.7%
2024
19.5%
2024
Consumer prices inflation
8.83%
2018-2019
12.6%
2023-2024
Central bank interest rate n/a
10.5%
2025
Unemployment rate
1.48%
2020
6.96%
2025
Population
55292116
260356147

Spending and national debt comparison by year

Myanmar
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Myanmar Pakistan
Government spending Government debt Government spending Government debt
2024 20.7% 59.3% 19.5% 70.4%
2023 21.4% 59.1% 19.3% 78.5%
2022 21.3% 56.1% 20% 77.3%
2021 20.9% 63.4% 18.5% 74.7%
2020 21.3% 49.1% 20.3% 80.8%
2019 20.5% 37.6% 19.1% 78.7%
2018 18.7% 39.9% 19.1% 66.3%
2017 19.7% 41.9% 19.1% 62.1%
2016 21.3% 35.7% 17.7% 62.1%
2015 23.7% 36.6% 17.8% 59.1%
2014 24.7% 34.5% 18.1% 58.8%
2013 23.9% 44.8% 19.5% 59.2%
2012 20% 48% 19.4% 58.4%
2011 15.6% 49.9% 17.9% 56.2%
2010 15.8% 54.4% 18.3% 56.7%
2009 14.4% 56.4% 17.3% 54.6%
2008 14.4% 59.8% 18% 49.5%
2007 15.7% 77.4% 16.1% 44.2%
2006 15.6% 103.1% 14.5% 46.2%
2005 14.6% 119% 13% 47.9%
2004 14.6% 126.6% 12.1% 50.6%
2003 14.3% 146% 12.9% 56.3%
2002 15.3% 190.6% 14.4% 60.5%
2001 19.1% 262% 12.9% 65.1%
2000 21.4% 164.5% 13.8% 61.7%
1999 22.8% 150.7% 13.2% 60.7%
1998 25.2% 208.6% 14.1% 53.8%
1997 - - 13.7% 52.8%
1996 - - 15% 52.5%
1995 - - 14% 52.3%
1994 - - 14.5% 58.5%
1993 - - 17% 57.9%
1992 - - 22.6% 53.3%
1991 - - 21.4% 55.8%
1990 - - 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-02-20).

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

In 2024, Myanmar's government spending was $15.3B, accounting for 20.7% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 59.3% in Myanmar and 70.4% in Pakistan, ranking 81/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Pakistan
1x
Year Deficit/surplus, % of GDP
Myanmar Pakistan
2024 -5.06% -6.81%
2023 -5.18% -7.76%
2022 -2.82% -7.84%
2021 -2.47% -6.04%
2020 -6.5% -7.03%
2019 -4.7% -7.79%
2018 -2.77% -5.67%
2017 -3.42% -5.17%
2016 -2.53% -3.92%
2015 -4.33% -4.74%
2014 -1.06% -4.37%
2013 -1.53% -7.48%
2012 -2.7% -7.74%
2011 -4.82% -6.23%
2010 -5.4% -5.42%
2009 -3.55% -4.53%
2008 -2.73% -5.94%
2007 -3.52% -4.23%
2006 -3.42% -2.79%
2005 -3.49% -2.29%
2004 -4.62% -1.29%
2003 -4.24% -0.12%
2002 -4.01% -2.64%
2001 -6.34% -2.45%
2000 -6.03% -3.21%
1999 -4.46% -3.07%
1998 -4.89% -4.46%
1997 - -3.87%
1996 - -4.33%
1995 - -3.9%
1994 - -3.63%
1993 - -5.53%
1992 - -11.3%
1991 - -10.8%
1990 - -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20).

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

In 2024, Myanmar's government deficit, the difference between spending and revenue, was $3.75B, equivalent to 5.06% of GDP. This compares to Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 27 years, Myanmar recorded a fiscal deficit in 27 of those years, while Pakistan ran a deficit in 27 years. On average, Myanmar posted an annual deficit equal to 3.95% of GDP, compared to deficit of 4.85% of GDP for Pakistan.

Inflation comparison by year

Inflation
Myanmar

Pakistan
1x
Year Consumer prices inflation
Myanmar Pakistan
2024 - 12.6%
2023 - 30.8%
2022 - 19.9%
2021 - 9.5%
2020 - 9.74%
2019 8.83% 10.6%
2018 6.87% 5.08%
2017 4.57% 4.09%
2016 6.93% 3.77%
2015 9.45% 2.53%
2014 4.95% 7.19%
2013 5.64% 7.69%
2012 1.47% 9.68%
2011 5.02% 11.9%
2010 7.72% 12.9%
2009 1.47% 13.6%
2008 26.8% 20.3%
2007 35% 7.6%
2006 20% 7.92%
2005 9.37% 9.06%
2004 4.53% 7.44%
2003 36.6% 2.91%
2002 57.1% 3.29%
2001 21.1% 3.15%
2000 -0.11% 4.37%
1999 18.4% 4.14%
1998 51.5% 6.23%
1997 29.7% 11.4%

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

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

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 7.69% in Pakistan. In 2019, inflation was 8.83% in Myanmar and 12.6% in Pakistan.

Top exports between countries

Myanmar
Export category Export value
Raw agricultural goods $82.6M
Raw materials & minerals $1.45M
Metals $420K
Miscellaneous $371K
Textiles & consumer goods $368K
Chemicals & pharma $338K
Processed food, beverages & tobacco $228K
Wood & paper products $50K
Animal & marine products $40K
Pakistan
Export category Export value
Chemicals & pharma $10.9M
Animal & marine products $1.01M
Textiles & consumer goods $937K
Raw materials & minerals $583K
Processed food, beverages & tobacco $246K
Machinery & equipment $125K
Raw agricultural goods $17K
Wood & paper products $9K

Balance of trade

Myanmar Pakistan
Current account balance
$67.7M
2019
$496M
2024
Current account balance ranking
71/190
2019
63/190
2024
Current account balance, % of GDP
+0.09%
2019
+0.13%
2024
Goods imports
$13.7B
2019
$55.6B
2024
Goods exports
$10.8B
2019
$32.1B
2024
Service imports
$3.66B
2019
$11.2B
2024
Service exports
$6.68B
2019
$8.1B
2024
Imports of goods and services, % of GDP n/a
17.2%
2024
Exports of goods and services, % of GDP
24.3%
2025
10.4%
2024

Economic freedom indices

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

Myanmar Pakistan
Economic freedom 44.5 48.9
Economic freedom ranking 180/197 168/197
Property rights 5.7 25.7
Government integrity 18.1 26.3
Judicial effectiveness 3.9 27.6
Tax burden 88.6 78.2
Government spending 86.6 88.5
Fiscal health 62.7 10.1
Business freedom 37.9 54.4
Labor freedom 53.2 51.7
Monetary freedom 57.5 54.1
Trade freedom 69.4 70.4
Investment freedom 30 60
Financial freedom 20 40

Economic freedom comparison by year

Myanmar
Pakistan
1x
Year Economic freedom index
Myanmar Pakistan
2026 44.5 48.9
2025 43.7 49.1
2024 42.2 49.5
2023 46.5 49.4
2022 49.6 48.8
2021 55.2 51.7
2020 54 54.8
2019 53.6 55
2018 53.9 54.4
2017 52.5 52.8
2016 48.7 55.9
2015 46.9 55.6
2014 46.5 55.2
2013 39.2 55.1
2012 38.7 54.7
2011 37.8 55.1
2010 36.7 55.2
2009 37.7 57
2008 39.5 55.6
2007 41 57.2
2006 40 57.9
2005 40.5 53.3
2004 43.6 54.9
2003 44.9 55
2002 45.5 55.8
2001 46.1 56
2000 47.9 56.4
1999 46.4 53
1998 45.7 53.2
1997 45.4 56
1996 45.1 58.4
1995 - 57.6

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

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Pakistan
Services, % of GDP
41.4%
2024
50.7%
2024
Industry, % of GDP
37.8%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
20.8%
2024
23.7%
2024
GNI, Atlas method
$65.9B
2024
$358B
2024
GNI per capita, PPP
$5,890
2024
$6,100
2024
Total reserves including gold
$9.34B
2023
$18.4B
2024
Total reserves ranking
81/177
2023
63/177
2024
Net foreign direct investment
-$1.74B
2019
-$2.58B
2024
Net inflows of foreign direct investment
$1.1B
2024
$2.66B
2024
Net outflows of foreign direct investment
$0
2024
$84M
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
4.5%
2024
Poverty at national poverty lines
24.8%
2017
21.9%
2018
Gross capital formation, % of GDP n/a
13.2%
2024

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/myanmar/pakistan | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1993, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, 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.