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Economy of Myanmar vs Russia compared: GDP & Debt

Updated on by Georank

Myanmar has a GDP of $81.7B compared to $2.56T for Russia, ranking 85/197 and 8/197 by economy size, respectively.

Myanmar has $42.4B in government debt (51.9% of GDP), compared to $440B (17.2% of GDP) in Russia.

Myanmar vs Russia GDP by year

Myanmar
Russia
1x
Year GDP, current $
Myanmar Russia
2025 $81,665,773,810 $2,561,310,169,359
2024 $74,068,349,524 $2,186,462,268,813
2023 $66,757,619,000 $2,046,284,838,151
2022 $62,253,049,892 $2,292,495,097,681
2021 $66,345,291,160 $1,829,186,719,575
2020 $79,006,113,643 $1,493,075,894,362
2019 $75,065,106,228 $1,693,115,002,708
2018 $67,860,515,990 $1,657,328,773,461
2017 $66,053,040,483 $1,574,199,360,089
2016 $63,298,361,996 $1,276,786,350,881
2015 $59,607,290,408 $1,363,482,182,198
2014 $65,531,374,200 $2,059,241,589,895
2013 $60,269,732,855 $2,292,470,078,346
2012 $59,937,796,648 $2,208,293,553,878
2011 $59,977,326,086 $2,045,922,753,398
2010 $49,540,813,342 $1,524,916,715,224
2009 $36,906,181,381 $1,222,645,900,056
2008 $31,862,554,102 $1,660,848,058,303
2007 $20,182,477,481 $1,299,703,478,482
2006 $14,502,553,710 $989,932,071,353
2005 $11,986,972,419 $764,015,973,481
2004 $10,567,354,056 $591,016,690,732
2003 $10,467,109,978 $430,347,420,185
2002 $6,777,632,512 $345,470,494,418
2001 $6,477,790,688 $306,602,070,621
2000 $8,905,066,164 $259,710,142,197
1999 $8,486,832,801 $195,907,128,351
1998 $6,459,461,639 $270,955,486,862
1997 $4,722,288,496 $404,928,954,192
1996 $6,123,556,717 $391,724,890,744
1995 $5,289,174,943 $395,537,185,735
1994 $4,432,257,174 $395,077,301,248
1993 $3,163,020,035 $435,083,713,851
1992 $2,411,552,289 $460,290,556,901
1991 $2,069,832,687 $517,962,962,963
1990 $2,115,193,513 $517,014,446,228
1989 $2,013,448,229 $506,631,299,735
1988 $1,541,088,312 $554,828,660,436
1987 $1,562,448,077 -
1986 $1,582,873,750 -
1985 $1,478,908,173 -
1984 $1,304,063,253 -
1983 $1,381,573,615 -
1982 $1,481,165,468 -
1981 $1,111,000,765 -
1980 $1,038,225,167 -
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/russia | CC BY

GDP per capita in Myanmar vs Russia by year

Myanmar
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,489 - $17,847 -
2024 $1,359 $5,997 $15,219 $47,362
2023 $1,233 $5,953 $14,227 $44,269
2022 $1,158 $5,732 $15,894 $40,939
2021 $1,243 $5,178 $12,637 $38,638
2020 $1,490 $5,741 $10,280 $31,491
2019 $1,426 $6,101 $11,640 $30,964
2018 $1,298 $5,581 $11,399 $28,629
2017 $1,273 $4,706 $10,835 $25,778
2016 $1,229 $4,460 $8,804 $24,012
2015 $1,167 $4,459 $9,427 $23,994
2014 $1,293 $4,376 $14,277 $25,688
2013 $1,199 $4,144 $15,941 $26,020
2012 $1,203 $3,845 $15,402 $24,274
2011 $1,214 $3,579 $14,305 $22,790
2010 $1,011 $3,348 $10,675 $20,490
2009 $758 $3,040 $8,563 $19,390
2008 $658 $2,748 $11,635 $20,164
2007 $419 $2,459 $9,101 $16,648
2006 $303 $2,153 $6,920 $14,912
2005 $252.7 $1,860 $5,323 $11,822
2004 $224.5 $1,601 $4,102 $10,227
2003 $224.3 $1,385 $2,975 $9,255
2002 $146.6 $1,204 $2,378 $8,037
2001 $141.5 $1,069 $2,100 $7,361
2000 $196.6 $949 $1,772 $6,825
1999 $189.5 $825 $1,331 $5,914
1998 $146 $742 $1,835 $5,465
1997 $108 $702 $2,738 $5,700
1996 $141.9 $661 $2,644 $5,518
1995 $124.1 $618 $2,666 $5,613
1994 $105.4 $573 $2,662 $5,734
1993 $76.2 $529 $2,931 $6,420
1992 $58.9 $494 $3,099 $6,862
1991 $51.2 $447 $3,490 $7,858
1990 $53.1 $441 $3,494 $8,028
1989 $51.3 - $3,430 -
1988 $39.9 - $3,778 -
1987 $41.1 - - -
1986 $42.4 - - -
1985 $40.4 - - -
1984 $36.3 - - -
1983 $39.3 - - -
1982 $43 - - -
1981 $32.8 - - -
1980 $31.2 - - -
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/russia | CC BY

Myanmar's GDP per capita is $1,489, ranking 166/197, compared to $17,847 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Russia ranks 50th at $47,362.

Economic indicators

Myanmar Russia
Gross domestic product
$81.7B
2025
$2.56T
2025
GDP rank
85/197
2025
8/197
2025
GDP growth
-2.01%
2024-2025
1%
2024-2025
GDP per capita
$1,489
2025
$17,847
2025
GDP per capita rank
166/197
2025
68/197
2025
GDP per capita, PPP
$5,997
2024
$47,362
2024
GDP per capita PPP rank
153/197
2024
50/197
2024
Government debt
$42.4B
2025
$440B
2025
Debt-to-GDP ratio
51.9%
2025
17.2%
2025
Government debt per person
$773
2025
$3,068
2025
Government debt per person rank
152/185
2025
105/185
2025
Average annual personal income after taxes
$2,165
2026
$11,183
2026
Market capitalization of domestic companies n/a
$650B
2023
Number of millionaires n/a
447,000
2026
Number of billionaires n/a
147
2026
Income share by richest 10%
25.5%
2017
25.1%
2023
Income share by poorest 10%
3.8%
2017
3.1%
2023
Government expenditure, % of GDP
25.2%
2025
39.1%
2025
Consumer prices inflation
8.83%
2018-2019
8.7%
2024-2025
Central bank interest rate n/a
14.5%
2026
Unemployment rate
1.48%
2020
2.13%
2025
Population
55361818
142643173

Spending and national debt comparison by year

Myanmar
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Myanmar Russia
Government spending Government debt Government spending Government debt
2025 25.2% 51.9% 39.1% 17.2%
2024 25.8% 50.6% 36.7% 14.8%
2023 21.4% 53.2% 36.1% 15.2%
2022 21.3% 56% 35.1% 15.1%
2021 20.9% 63.4% 34.9% 16.5%
2020 21.3% 49.1% 39.2% 19.2%
2019 20.5% 37.6% 33.8% 13.7%
2018 18.7% 39.9% 32.6% 13.6%
2017 19.7% 41.9% 34.8% 14.3%
2016 21.3% 35.7% 36.6% 14.8%
2015 23.7% 36.6% 35.3% 15.3%
2014 24.7% 34.5% 34.9% 15.1%
2013 23.9% 44.8% 34.7% 12.3%
2012 20% 48% 34% 11.2%
2011 15.6% 49.9% 33.3% 10.3%
2010 15.8% 54.4% 35.5% 10.1%
2009 14.4% 56.4% 38.6% 9.92%
2008 14.4% 59.8% 32% 7.45%
2007 15.7% 77.4% 31.9% 8.03%
2006 15.6% 103.1% 29% 9.8%
2005 14.6% 119% 29.5% 14.9%
2004 14.6% 126.6% 29.6% 20.8%
2003 14.3% 146% 32.6% 28.3%
2002 15.3% 190.6% 33.8% 37.6%
2001 19.1% 262% 31.5% 44.4%
2000 21.4% 164.5% 30.7% 55.9%
1999 22.8% 150.7% 34.3% 92.4%
1998 25.2% 208.6% 39.7% 135.2%
1997 - - - 51.5%
1996 - - - 51.9%
1995 - - - 53.7%
1994 - - - 63.5%
1993 - - - 92.4%
1992 - - - 116%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-07-08).

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

In 2025, Myanmar's government spending was $20.6B, accounting for 25.2% of its GDP, while Russia spent $1T, or 39.1% of GDP.

Debt-to-GDP ratio is 51.9% in Myanmar and 17.2% in Russia, ranking 101/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Russia
1x
Year Deficit/surplus, % of GDP
Myanmar Russia
2025 -4.94% -3.9%
2024 -4.11% -1.59%
2023 -2.76% -2.24%
2022 -2.75% -1.34%
2021 -2.22% 0.78%
2020 -6.5% -3.99%
2019 -4.7% 1.93%
2018 -2.77% 2.92%
2017 -3.42% -1.47%
2016 -2.53% -3.67%
2015 -4.33% -3.39%
2014 -1.06% -1.07%
2013 -1.53% -1.16%
2012 -2.7% 0.38%
2011 -4.82% 1.43%
2010 -5.4% -3.19%
2009 -3.55% -5.89%
2008 -2.73% 4.55%
2007 -3.52% 5.59%
2006 -3.42% 7.8%
2005 -3.49% 7.6%
2004 -4.62% 4.57%
2003 -4.24% 1.35%
2002 -4.01% 0.67%
2001 -6.34% 2.99%
2000 -6.03% 3.11%
1999 -4.46% -3.59%
1998 -4.89% -7.42%
1997 - -
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-07-08).

GeoRank.org/economy/myanmar/russia | 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 Russia's deficit of $100B, or 3.9% of GDP.

Over the past 28 years, Myanmar recorded a fiscal deficit in 28 of those years, while Russia ran a deficit in 14 years. On average, Myanmar posted an annual deficit equal to 3.85% of GDP, compared to surplus of 0.06% of GDP for Russia.

Inflation comparison by year

Inflation
Myanmar

Russia
1x
Year Consumer prices inflation
Myanmar Russia
2025 - 8.7%
2024 - 8.4%
2023 - 5.9%
2022 - 13.7%
2021 - 6.7%
2020 - 3.4%
2019 8.83% 4.5%
2018 6.87% 2.9%
2017 4.57% 3.7%
2016 6.93% 7%
2015 9.45% 15.5%
2014 4.95% 7.8%
2013 5.64% 6.8%
2012 1.47% 5.1%
2011 5.02% 8.4%
2010 7.72% 6.8%
2009 1.47% 11.6%
2008 26.8% 14.1%
2007 35% 9%
2006 20% 9.7%
2005 9.37% 12.7%
2004 4.53% 10.9%
2003 36.6% 13.7%
2002 57.1% 15.8%
2001 21.1% 21.5%
2000 -0.11% 20.8%
1999 18.4% 85.7%
1998 51.5% 27.7%
1997 29.7% 14.8%

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/russia | CC BY

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 14.6% in Russia. In 2019, inflation was 8.83% in Myanmar and 8.7% in Russia.

Top exports between countries

Myanmar
Export category Export value
Textiles & consumer goods $31.9M
Raw agricultural goods $2.92M
Chemicals & pharma $2.84M
Machinery & equipment $291K
Processed food, beverages & tobacco $279K
Wood & paper products $40K
Miscellaneous $32K
Raw materials & minerals $13K
Animal & marine products $6K
Metals $3K
Russia
Export category Export value
Miscellaneous $221M
Machinery & equipment $52.1M
Manufacturing & construction services $16.7M
Business & finance services $4.12M
Raw materials & minerals $3.61M
Metals $3.09M
Textiles & consumer goods $2.46M
Processed food, beverages & tobacco $1.02M
Wood & paper products $910K
Transport & tourism services $692K

Balance of trade

Myanmar Russia
Current account balance
$67.7M
2019
$43.1B
2025
Current account balance ranking
66/190
2019
14/190
2025
Current account balance, % of GDP
+0.09%
2019
+1.68%
2025
Goods imports
$13.7B
2019
$305B
2025
Goods exports
$10.8B
2019
$422B
2025
Service imports
$3.66B
2019
$94.8B
2025
Service exports
$6.68B
2019
$46.3B
2025
Imports of goods and services, % of GDP n/a
15.5%
2025
Exports of goods and services, % of GDP
24.3%
2026
18.2%
2025

Economic freedom indices

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

Myanmar Russia
Economic freedom 44.5 50.3
Economic freedom ranking 180/197 161/197
Property rights 5.7 18.6
Government integrity 18.1 22.8
Judicial effectiveness 3.9 22.8
Tax burden 88.6 81.9
Government spending 86.6 61.3
Fiscal health 62.7 94.4
Business freedom 37.9 51.4
Labor freedom 53.2 59.1
Monetary freedom 57.5 61.8
Trade freedom 69.4 69.4
Investment freedom 30 30
Financial freedom 20 30

Economic freedom comparison by year

Myanmar
Russia
1x
Year Economic freedom index
Myanmar Russia
2026 44.5 50.3
2025 43.7 51.6
2024 42.2 52
2023 46.5 53.8
2022 49.6 56.1
2021 55.2 61.5
2020 54 61
2019 53.6 58.9
2018 53.9 58.2
2017 52.5 57.1
2016 48.7 50.6
2015 46.9 52.1
2014 46.5 51.9
2013 39.2 51.1
2012 38.7 50.5
2011 37.8 50.5
2010 36.7 50.3
2009 37.7 50.8
2008 39.5 49.8
2007 41 52.2
2006 40 52.4
2005 40.5 51.3
2004 43.6 52.8
2003 44.9 50.8
2002 45.5 48.7
2001 46.1 49.8
2000 47.9 51.8
1999 46.4 54.5
1998 45.7 52.8
1997 45.4 48.6
1996 45.1 51.6
1995 - 51.1

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Russia
Services, % of GDP
38.5%
2025
58.9%
2025
Industry, % of GDP
36.2%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
25.3%
2025
3.06%
2025
GNI, Atlas method
$72.3B
2025
$2.33T
2025
GNI per capita, PPP
$5,890
2025
$49,220
2025
Total reserves including gold
$9.34B
2023
$608B
2024
Total reserves ranking
85/177
2023
6/177
2024
Net foreign direct investment
-$1.74B
2019
-$12.4B
2025
Net inflows of foreign direct investment
$1.1B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$0
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
2.63%
2024
Poverty at national poverty lines
24.8%
2017
7.2%
2024
Gross capital formation, % of GDP n/a
25.9%
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/russia | 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 (1997–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, 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.