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Economy of Myanmar vs Senegal compared: GDP & Debt

Updated on by Georank

Myanmar has a GDP of $81.7B compared to $37B for Senegal, ranking 85/197 and 107/197 by economy size, respectively.

Myanmar has $42.4B in government debt (51.9% of GDP), compared to $48.2B (130.2% of GDP) in Senegal.

Myanmar vs Senegal GDP by year

Myanmar
Senegal
1x
Year GDP, current $
Myanmar Senegal
2025 $81,665,773,810 $37,006,536,238
2024 $74,068,349,524 $32,169,996,052
2023 $66,757,619,000 $30,696,331,296
2022 $62,253,049,892 $27,783,332,223
2021 $66,345,291,160 $27,520,784,130
2020 $79,006,113,643 $24,530,513,038
2019 $75,065,106,228 $23,403,995,992
2018 $67,860,515,990 $23,116,701,556
2017 $66,053,040,483 $20,965,069,573
2016 $63,298,361,996 $19,040,312,333
2015 $59,607,290,408 $17,774,766,696
2014 $65,531,374,200 $19,797,253,440
2013 $60,269,732,855 $18,918,667,725
2012 $59,937,796,648 $17,660,870,412
2011 $59,977,326,086 $17,814,283,639
2010 $49,540,813,342 $16,121,315,909
2009 $36,906,181,381 $16,145,867,495
2008 $31,862,554,102 $16,853,989,628
2007 $20,182,477,481 $13,994,218,413
2006 $14,502,553,710 $11,697,918,243
2005 $11,986,972,419 $11,009,033,438
2004 $10,567,354,056 $10,076,816,667
2003 $10,467,109,978 $8,768,721,563
2002 $6,777,632,512 $7,006,402,320
2001 $6,477,790,688 $6,507,824,829
2000 $8,905,066,164 $6,013,185,004
1999 $8,486,832,801 $6,592,834,933
1998 $6,459,461,639 $6,505,607,909
1997 $4,722,288,496 $6,041,478,726
1996 $6,123,556,717 $6,559,712,166
1995 $5,289,174,943 $6,326,342,633
1994 $4,432,257,174 $5,034,588,196
1993 $3,163,020,035 $7,367,986,241
1992 $2,411,552,289 $7,769,817,840
1991 $2,069,832,687 $7,255,210,470
1990 $2,115,193,513 $7,390,967,360
1989 $2,013,448,229 $6,366,039,373
1988 $1,541,088,312 $6,418,419,389
1987 $1,562,448,077 $6,487,353,103
1986 $1,582,873,750 $5,392,093,446
1985 $1,478,908,173 $3,818,944,918
1984 $1,304,063,253 $3,485,165,432
1983 $1,381,573,615 $3,569,356,125
1982 $1,481,165,468 $4,013,951,443
1981 $1,111,000,765 $4,095,892,781
1980 $1,038,225,167 $4,510,108,291
1979 $952,265,043 $4,084,877,823
1978 $935,408,775 $3,280,354,921
1977 $873,579,932 $2,938,046,463
1976 $1,204,699,849 $2,869,777,884
1975 $1,061,107,354 $2,830,388,405
1974 $1,225,589,878 $2,099,325,229
1973 $719,754,655 $1,863,398,590
1972 $662,213,083 $1,620,857,104
1971 $587,448,405 $1,339,549,033
1970 $563,555,631 $1,297,407,655
1969 $571,854,215 $1,245,234,931
1968 $559,956,130 $1,309,384,862
1967 $420,359,036 $1,246,480,766
1966 $293,103,479 $1,246,908,186
1965 $367,053,117 $1,210,058,228
1964 $411,419,906 $1,188,930,645
1963 $598,998,419 $1,122,139,862
1962 $634,528,872 $1,085,475,791
1961 $605,581,577 $1,058,975,257
1960 $545,098,448 $1,003,692,370

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Myanmar vs Senegal by year

Myanmar
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,489 - $1,955 -
2024 $1,359 $5,997 $1,739 $5,071
2023 $1,233 $5,953 $1,698 $4,778
2022 $1,158 $5,732 $1,574 $4,530
2021 $1,243 $5,178 $1,598 $4,174
2020 $1,490 $5,741 $1,461 $3,753
2019 $1,426 $6,101 $1,431 $3,648
2018 $1,298 $5,581 $1,453 $3,380
2017 $1,273 $4,706 $1,355 $3,234
2016 $1,229 $4,460 $1,266 $3,101
2015 $1,167 $4,459 $1,218 $2,994
2014 $1,293 $4,376 $1,399 $2,854
2013 $1,199 $4,144 $1,380 $2,769
2012 $1,203 $3,845 $1,327 $2,764
2011 $1,214 $3,579 $1,375 $2,685
2010 $1,011 $3,348 $1,276 $2,663
2009 $758 $3,040 $1,309 $2,606
2008 $658 $2,748 $1,399 $2,581
2007 $419 $2,459 $1,189 $2,499
2006 $303 $2,153 $1,017 $2,422
2005 $252.7 $1,860 $980 $2,350
2004 $224.5 $1,601 $918 $2,236
2003 $224.3 $1,385 $818 $2,131
2002 $146.6 $1,204 $669 $2,027
2001 $141.5 $1,069 $637 $2,044
2000 $196.6 $949 $603 $1,963
1999 $189.5 $825 $678 $1,893
1998 $146 $742 $685 $1,798
1997 $108 $702 $651 $1,719
1996 $141.9 $661 $723 $1,679
1995 $124.1 $618 $715 $1,656
1994 $105.4 $573 $584 $1,578
1993 $76.2 $529 $878 $1,588
1992 $58.9 $494 $951 $1,573
1991 $51.2 $447 $913 $1,561
1990 $53.1 $441 $957 $1,513
1989 $51.3 - $849 -
1988 $39.9 - $880 -
1987 $41.1 - $916 -
1986 $42.4 - $784 -
1985 $40.4 - $571 -
1984 $36.3 - $536 -
1983 $39.3 - $564 -
1982 $43 - $652 -
1981 $32.8 - $683 -
1980 $31.2 - $772 -
1979 $29.2 - $716 -
1978 $29.3 - $589 -
1977 $27.9 - $540 -
1976 $39.2 - $541 -
1975 $35.2 - $547 -
1974 $41.4 - $417 -
1973 $24.8 - $381 -
1972 $23.3 - $342 -
1971 $21.1 - $291.1 -
1970 $20.7 - $290.5 -
1969 $21.5 - $287.3 -
1968 $21.5 - $311 -
1967 $16.5 - $305 -
1966 $11.8 - $315 -
1965 $15.1 - $314 -
1964 $17.3 - $318 -
1963 $25.8 - $309 -
1962 $27.9 - $307 -
1961 $27.3 - $308 -
1960 $25.1 - $300 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Myanmar's GDP per capita is $1,489, ranking 166/197, compared to $1,955 in Senegal, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Senegal ranks 158th at $5,071.

Economic indicators

Myanmar Senegal
Gross domestic product
$81.7B
2025
$37B
2025
GDP rank
85/197
2025
107/197
2025
GDP growth
-2.01%
2024-2025
6.68%
2024-2025
GDP per capita
$1,489
2025
$1,955
2025
GDP per capita rank
166/197
2025
160/197
2025
GDP per capita, PPP
$5,997
2024
$5,071
2024
GDP per capita PPP rank
153/197
2024
158/197
2024
Government debt
$42.4B
2025
$48.2B
2025
Debt-to-GDP ratio
51.9%
2025
130.2%
2025
Government debt per person
$773
2025
$2,544
2025
Government debt per person rank
152/185
2025
112/185
2025
Average annual personal income after taxes
$2,165
2026
$1,979
2026
Income share by richest 10%
25.5%
2017
28.8%
2021
Income share by poorest 10%
3.8%
2017
3%
2021
Government expenditure, % of GDP
25.2%
2025
29.2%
2025
Consumer prices inflation
8.83%
2018-2019
1.46%
2024-2025
Unemployment rate
1.48%
2020
5.78%
2024
Population
55361818
19596169

Spending and national debt comparison by year

Myanmar
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Myanmar Senegal
Government spending Government debt Government spending Government debt
2025 25.2% 51.9% 29.2% 130.2%
2024 25.8% 50.6% 33.5% 132.4%
2023 21.4% 53.2% 35.5% 118.4%
2022 21.3% 56% 36.1% 104.7%
2021 20.9% 63.4% 33.7% 98.7%
2020 21.3% 49.1% 29.6% 90.1%
2019 20.5% 37.6% 34.3% 81.5%
2018 18.7% 39.9% 22.6% 61.5%
2017 19.7% 41.9% 22.5% 61.1%
2016 21.3% 35.7% 24% 47.5%
2015 23.7% 36.6% 22.9% 44.5%
2014 24.7% 34.5% 23.1% 42.4%
2013 23.9% 44.8% 22.1% 36.9%
2012 20% 48% 23% 34.5%
2011 15.6% 49.9% 23.3% 32.9%
2010 15.8% 54.4% 21.7% 34.6%
2009 14.4% 56.4% 21.1% 29.9%
2008 14.4% 59.8% 20.9% 19.1%
2007 15.7% 77.4% 22.2% 19%
2006 15.6% 103.1% 21.3% 17.5%
2005 14.6% 119% 18.7% 36.1%
2004 14.6% 126.6% 18.1% 38%
2003 14.3% 146% 17.1% 42.9%
2002 15.3% 190.6% 15.5% 52%
2001 19.1% 262% 15.7% 53.2%
2000 21.4% 164.5% 14% 57.5%
1999 22.8% 150.7% 14.6% 15%
1998 25.2% 208.6% 13.5% 18.8%
1997 - - 14.1% 67.8%
1996 - - 15.4% 0.07%
1995 - - 14.4% 65.3%
1994 - - 15.9% 77.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1994–1995, retrieved 2026-07-08).

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

In 2025, Myanmar's government spending was $20.6B, accounting for 25.2% of its GDP, while Senegal spent $10.8B, or 29.2% of GDP.

Debt-to-GDP ratio is 51.9% in Myanmar and 130.2% in Senegal, ranking 101/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Senegal
1x
Year Deficit/surplus, % of GDP
Myanmar Senegal
2025 -4.94% -7.9%
2024 -4.11% -13.4%
2023 -2.76% -14.8%
2022 -2.75% -16.1%
2021 -2.22% -13.7%
2020 -6.5% -9.62%
2019 -4.7% -13.9%
2018 -2.77% -3.66%
2017 -3.42% -2.97%
2016 -2.53% -3.27%
2015 -4.33% -3.66%
2014 -1.06% -3.9%
2013 -1.53% -4.34%
2012 -2.7% -4.18%
2011 -4.82% -4.92%
2010 -5.4% -3.94%
2009 -3.55% -3.66%
2008 -2.73% -3.53%
2007 -3.52% -2.8%
2006 -3.42% -3.67%
2005 -3.49% -0.26%
2004 -4.62% 0.18%
2003 -4.24% -0.52%
2002 -4.01% 0.19%
2001 -6.34% -1.44%
2000 -6.03% 0.78%
1999 -4.46% -0.62%
1998 -4.89% 0.93%
1997 - 0.98%
1996 - 0.92%
1995 - 2.41%
1994 - 5.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08).

GeoRank.org/economy/myanmar/senegal | 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 Senegal's deficit of $2.92B, or 7.9% of GDP.

Over the past 28 years, Myanmar recorded a fiscal deficit in 28 of those years, while Senegal ran a deficit in 24 years. On average, Myanmar posted an annual deficit equal to 3.85% of GDP, compared to deficit of 4.95% of GDP for Senegal.

Inflation comparison by year

Inflation
Myanmar

Senegal
1x
Year Consumer prices inflation
Myanmar Senegal
2025 - 1.46%
2024 - 0.8%
2023 - 5.94%
2022 - 9.7%
2021 - 2.18%
2020 - 2.54%
2019 8.83% 1.76%
2018 6.87% 0.46%
2017 4.57% 1.32%
2016 6.93% 0.84%
2015 9.45% 0.14%
2014 4.95% -1.09%
2013 5.64% 0.71%
2012 1.47% 1.42%
2011 5.02% 3.4%
2010 7.72% 1.23%
2009 1.47% -2.25%
2008 26.8% 7.35%
2007 35% 5.85%
2006 20% 2.11%
2005 9.37% 1.71%
2004 4.53% 0.51%
2003 36.6% -0.05%
2002 57.1% 2.34%
2001 21.1% 2.97%
2000 -0.11% 0.73%
1999 18.4% 0.83%
1998 51.5% 1.16%
1997 29.7% 1.75%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 1.53% in Senegal. In 2019, inflation was 8.83% in Myanmar and 1.46% in Senegal.

Top exports between countries

Myanmar
Export category Export value
Raw agricultural goods $36.9M
Textiles & consumer goods $260K
Machinery & equipment $8K
Senegal
Export category Export value
Chemicals & pharma $15K

Balance of trade

Myanmar Senegal
Current account balance
$67.7M
2019
-$6.07B
2023
Current account balance ranking
66/190
2019
168/190
2023
Current account balance, % of GDP
+0.09%
2019
-19.8%
2023
Goods imports
$13.7B
2019
$10.8B
2023
Goods exports
$10.8B
2019
$5.52B
2023
Service imports
$3.66B
2019
$4.08B
2023
Service exports
$6.68B
2019
$1.48B
2023
Imports of goods and services, % of GDP n/a
38.6%
2025
Exports of goods and services, % of GDP
24.3%
2026
32.5%
2025

Economic freedom indices

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

Myanmar Senegal
Economic freedom 44.5 53.2
Economic freedom ranking 180/197 140/197
Property rights 5.7 57.4
Government integrity 18.1 47.3
Judicial effectiveness 3.9 50.5
Tax burden 88.6 68.8
Government spending 86.6 63.1
Fiscal health 62.7 0
Business freedom 37.9 55.2
Labor freedom 53.2 54.4
Monetary freedom 57.5 74.3
Trade freedom 69.4 67
Investment freedom 30 60
Financial freedom 20 40

Economic freedom comparison by year

Myanmar
Senegal
1x
Year Economic freedom index
Myanmar Senegal
2026 44.5 53.2
2025 43.7 56.4
2024 42.2 55.4
2023 46.5 57.7
2022 49.6 60
2021 55.2 58
2020 54 58
2019 53.6 56.3
2018 53.9 55.7
2017 52.5 55.9
2016 48.7 58.1
2015 46.9 57.8
2014 46.5 55.4
2013 39.2 55.5
2012 38.7 55.4
2011 37.8 55.7
2010 36.7 54.6
2009 37.7 56.3
2008 39.5 58.3
2007 41 58.1
2006 40 56.2
2005 40.5 57.9
2004 43.6 58.9
2003 44.9 58.1
2002 45.5 58.6
2001 46.1 58.7
2000 47.9 58.9
1999 46.4 60.6
1998 45.7 59.7
1997 45.4 58.1
1996 45.1 58.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 53.2 for Senegal, ranking 140/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Senegal
Services, % of GDP
38.5%
2025
46.3%
2025
Industry, % of GDP
36.2%
2025
26.1%
2025
Agriculture, forestry, and fishing, % of GDP
25.3%
2025
17.1%
2025
GNI, Atlas method
$72.3B
2025
$33.6B
2025
GNI per capita, PPP
$5,890
2025
$5,100
2025
Total reserves including gold
$9.34B
2023
n/a
Total reserves ranking
85/177
2023
n/a
Net foreign direct investment
-$1.74B
2019
-$4.72B
2023
Net inflows of foreign direct investment
$1.1B
2024
$2.02B
2024
Net outflows of foreign direct investment
$0
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
11.3%
2024
Poverty at national poverty lines
24.8%
2017
37.5%
2021
Gross capital formation, % of GDP n/a
26.9%
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/senegal | 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 (1994–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2024, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1994–1995, 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.