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Economy of Myanmar vs Slovenia compared: GDP & Debt

Updated on by Georank team

Myanmar has a GDP of $74.1B compared to $73B for Slovenia, ranking 85/197 and 86/197 by economy size, respectively.

Myanmar has $44B in government debt (59.3% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Myanmar vs Slovenia GDP by year

Myanmar
Slovenia
1x
Year GDP, current $
Myanmar Slovenia
2024 $74,068,349,524 $72,972,015,197
2023 $66,757,619,000 $69,255,264,238
2022 $62,253,049,903 $59,899,117,741
2021 $66,345,291,149 $61,540,813,362
2020 $79,006,113,670 $53,384,760,135
2019 $75,065,106,243 $53,909,922,736
2018 $67,860,515,993 $53,689,067,640
2017 $66,053,040,475 $48,153,200,135
2016 $63,298,361,984 $44,290,685,824
2015 $59,607,290,408 $42,709,468,275
2014 $65,531,374,210 $49,514,466,380
2013 $60,269,732,855 $47,867,056,859
2012 $59,937,796,648 $46,167,053,954
2011 $59,977,326,086 $51,199,194,599
2010 $49,540,813,342 $47,793,117,241
2009 $36,906,181,381 $49,975,540,955
2008 $31,862,554,102 $55,509,332,322
2007 $20,182,477,481 $47,880,266,543
2006 $14,502,553,710 $39,260,368,837
2005 $11,986,972,419 $35,947,936,824
2004 $10,567,354,056 $34,156,553,313
2003 $10,467,109,978 $29,360,575,032
2002 $6,777,632,512 $23,214,593,516
2001 $6,477,790,688 $20,668,868,707
2000 $8,905,066,164 $20,159,190,702
1999 $8,486,832,801 $22,609,669,084
1998 $6,459,461,639 $22,058,635,314
1997 $4,722,288,496 $20,726,878,752
1996 $6,123,556,717 $21,470,699,363
1995 $5,289,174,943 $21,367,422,159
1994 $4,432,257,174 $16,400,767,070
1993 $3,163,020,035 $14,449,298,372
1992 $2,411,552,289 $14,277,261,541
1991 $2,069,832,687 $14,454,495,059
1990 $2,115,193,513 $19,832,029,087
1989 $2,013,448,229 -
1988 $1,541,088,312 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Myanmar vs Slovenia by year

Myanmar
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,359 $5,997 $34,301 $57,186
2023 $1,233 $5,953 $32,660 $56,064
2022 $1,158 $5,732 $28,360 $52,347
2021 $1,243 $5,178 $29,193 $45,914
2020 $1,490 $5,741 $25,392 $41,767
2019 $1,426 $6,101 $25,814 $42,373
2018 $1,298 $5,581 $25,888 $38,620
2017 $1,273 $4,706 $23,303 $36,180
2016 $1,229 $4,460 $21,448 $33,575
2015 $1,167 $4,459 $20,697 $31,336
2014 $1,293 $4,376 $24,013 $30,572
2013 $1,199 $4,144 $23,237 $29,634
2012 $1,203 $3,845 $22,442 $28,787
2011 $1,214 $3,579 $24,941 $28,716
2010 $1,011 $3,348 $23,330 $27,579
2009 $758 $3,040 $24,502 $27,229
2008 $658 $2,748 $27,462 $29,461
2007 $419 $2,459 $23,725 $27,468
2006 $303 $2,153 $19,563 $25,571
2005 $252.7 $1,860 $17,970 $23,682
2004 $224.5 $1,601 $17,104 $22,588
2003 $224.3 $1,385 $14,712 $20,916
2002 $146.6 $1,204 $11,639 $20,004
2001 $141.5 $1,069 $10,376 $18,763
2000 $196.6 $949 $10,136 $17,892
1999 $189.5 $825 $11,401 $17,007
1998 $146 $742 $11,132 $15,994
1997 $108 $702 $10,437 $15,257
1996 $141.9 $661 $10,797 $14,284
1995 $124.1 $618 $10,738 $13,637
1994 $105.4 $573 $8,244 $13,975
1993 $76.2 $529 $7,255 $12,976
1992 $58.9 $494 $7,151 $12,296
1991 $51.2 $447 $7,229 $12,698
1990 $53.1 $441 $9,925 $13,491
1989 $51.3 - - -
1988 $39.9 - - -
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 (1960–2024, retrieved 2026-04-06).

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

Myanmar's GDP per capita is $1,359, ranking 165/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Slovenia ranks 37th at $57,186.

Economic indicators

Myanmar Slovenia
Gross domestic product
$74.1B
2024
$73B
2024
GDP rank
85/197
2024
86/197
2024
GDP growth
-0.97%
2023-2024
1.73%
2023-2024
GDP per capita
$1,359
2024
$34,301
2024
GDP per capita rank
165/197
2024
34/197
2024
GDP per capita, PPP
$5,997
2024
$57,186
2024
GDP per capita PPP rank
153/197
2024
37/197
2024
Government debt
$44B
2024
$48.6B
2024
Debt-to-GDP ratio
59.3%
2024
66.6%
2024
Government debt per person
$806
2024
$22,842
2024
Government debt per person rank
150/185
2024
29/185
2024
Average annual personal income after taxes
$1,646
2026
$22,215
2026
Market capitalization of domestic companies n/a
$11.4B
2024
Income share by richest 10%
25.5%
2017
20.6%
2023
Income share by poorest 10%
3.8%
2017
4.1%
2023
Government expenditure, % of GDP
20.7%
2024
46.5%
2024
Consumer prices inflation
8.83%
2018-2019
1.97%
2023-2024
Unemployment rate
1.48%
2020
3.7%
2024
Population
55292116
2124138

Spending and national debt comparison by year

Myanmar
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Myanmar Slovenia
Government spending Government debt Government spending Government debt
2024 20.7% 59.3% 46.5% 66.6%
2023 21.4% 59.1% 46.4% 68.3%
2022 21.3% 56.1% 47.7% 72.8%
2021 20.9% 63.4% 49.9% 74.8%
2020 21.3% 49.1% 51.8% 80.2%
2019 20.5% 37.6% 43.8% 66%
2018 18.7% 39.9% 44.1% 71%
2017 19.7% 41.9% 44.6% 74.9%
2016 21.3% 35.7% 46.9% 79.4%
2015 23.7% 36.6% 49.5% 83.4%
2014 24.7% 34.5% 50.6% 81.1%
2013 23.9% 44.8% 57.7% 70.8%
2012 20% 48% 50% 54.1%
2011 15.6% 49.9% 51.4% 46.8%
2010 15.8% 54.4% 50.7% 38.6%
2009 14.4% 56.4% 50% 34.9%
2008 14.4% 59.8% 45.2% 21.9%
2007 15.7% 77.4% 43.5% 22.9%
2006 15.6% 103.1% 45.7% 26.2%
2005 14.6% 119% 46.7% 26.6%
2004 14.6% 126.6% 46.9% 27.1%
2003 14.3% 146% 47.6% 27%
2002 15.3% 190.6% 47.8% 27.7%
2001 19.1% 262% 49.2% 26.3%
2000 21.4% 164.5% 47.8% 26.1%
1999 22.8% 150.7% 47.2% 23.8%
1998 25.2% 208.6% 46.4% 22.8%
1997 - - 45.4% 22.1%
1996 - - 45.2% 21.6%
1995 - - 53% 18.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Myanmar's government spending was $15.3B, accounting for 20.7% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 59.3% in Myanmar and 66.6% in Slovenia, ranking 81/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Slovenia
1x
Year Deficit/surplus, % of GDP
Myanmar Slovenia
2024 -5.06% -0.93%
2023 -5.18% -2.59%
2022 -2.82% -3.02%
2021 -2.47% -4.61%
2020 -6.5% -7.68%
2019 -4.7% 0.68%
2018 -2.77% 0.9%
2017 -3.42% 0.05%
2016 -2.53% -2%
2015 -4.33% -2.84%
2014 -1.06% -4.53%
2013 -1.53% -11.2%
2012 -2.7% -4.2%
2011 -4.82% -6.69%
2010 -5.4% -5.56%
2009 -3.55% -5.87%
2008 -2.73% -1.44%
2007 -3.52% -0.08%
2006 -3.42% -1.26%
2005 -3.49% -1.38%
2004 -4.62% -1.98%
2003 -4.24% -2.66%
2002 -4.01% -2.47%
2001 -6.34% -4.58%
2000 -6.03% -3.77%
1999 -4.46% -3.04%
1998 -4.89% -2.39%
1997 - -2.37%
1996 - -1.16%
1995 - -8.19%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/myanmar/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 27 years, Myanmar recorded a fiscal deficit in 27 of those years, while Slovenia ran a deficit in 24 years. On average, Myanmar posted an annual deficit equal to 3.95% of GDP, compared to deficit of 3.15% of GDP for Slovenia.

Inflation comparison by year

Inflation
Myanmar

Slovenia
1x
Year Consumer prices inflation
Myanmar Slovenia
2024 - 1.97%
2023 - 7.45%
2022 - 8.83%
2021 - 1.92%
2020 - -0.05%
2019 8.83% 1.63%
2018 6.87% 1.74%
2017 4.57% 1.43%
2016 6.93% -0.05%
2015 9.45% -0.53%
2014 4.95% 0.2%
2013 5.64% 1.77%
2012 1.47% 2.6%
2011 5.02% 1.8%
2010 7.72% 1.8%
2009 1.47% 0.84%
2008 26.8% 5.65%
2007 35% 3.66%
2006 20% 2.46%
2005 9.37% 2.45%
2004 4.53% 3.59%
2003 36.6% 5.54%
2002 57.1% 7.48%
2001 21.1% 8.38%
2000 -0.11% 8.91%
1999 18.4% 6.16%
1998 51.5% 7.89%
1997 29.7% 8.36%

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

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

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 3.64% in Slovenia. In 2019, inflation was 8.83% in Myanmar and 1.97% in Slovenia.

Top exports between countries

Myanmar
Export category Export value
Textiles & consumer goods $30.7M
Raw agricultural goods $2.53M
Machinery & equipment $119K
Wood & paper products $21K
Miscellaneous $12K
Slovenia
Export category Export value
Textiles & consumer goods $709K
Machinery & equipment $355K
Wood & paper products $124K
Processed food, beverages & tobacco $88K
Animal & marine products $74K
Chemicals & pharma $63K
Raw materials & minerals $19K

Balance of trade

Myanmar Slovenia
Current account balance
$67.7M
2019
$3.32B
2024
Current account balance ranking
71/190
2019
37/190
2024
Current account balance, % of GDP
+0.09%
2019
+4.55%
2024
Goods imports
$13.7B
2019
$45.2B
2024
Goods exports
$10.8B
2019
$45.6B
2024
Service imports
$3.66B
2019
$9.52B
2024
Service exports
$6.68B
2019
$13.6B
2024
Imports of goods and services, % of GDP n/a
74.7%
2024
Exports of goods and services, % of GDP
24.3%
2025
80.9%
2024

Economic freedom indices

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

Myanmar Slovenia
Economic freedom 44.5 69.7
Economic freedom ranking 180/197 40/197
Property rights 5.7 87.6
Government integrity 18.1 66.1
Judicial effectiveness 3.9 91.6
Tax burden 88.6 55.5
Government spending 86.6 34.1
Fiscal health 62.7 83.5
Business freedom 37.9 78.7
Labor freedom 53.2 62.7
Monetary freedom 57.5 77.5
Trade freedom 69.4 79.4
Investment freedom 30 70
Financial freedom 20 50

Economic freedom comparison by year

Myanmar
Slovenia
1x
Year Economic freedom index
Myanmar Slovenia
2026 44.5 69.7
2025 43.7 68.3
2024 42.2 65.9
2023 46.5 68.5
2022 49.6 70.5
2021 55.2 68.3
2020 54 67.8
2019 53.6 65.5
2018 53.9 64.8
2017 52.5 59.2
2016 48.7 60.6
2015 46.9 60.3
2014 46.5 62.7
2013 39.2 61.7
2012 38.7 62.9
2011 37.8 64.6
2010 36.7 64.7
2009 37.7 62.9
2008 39.5 60.2
2007 41 59.6
2006 40 61.9
2005 40.5 59.6
2004 43.6 59.2
2003 44.9 57.7
2002 45.5 57.8
2001 46.1 61.8
2000 47.9 58.3
1999 46.4 61.3
1998 45.7 60.7
1997 45.4 55.6
1996 45.1 50.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Slovenia
Services, % of GDP
41.4%
2024
57.9%
2024
Industry, % of GDP
37.8%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
20.8%
2024
1.54%
2024
GNI, Atlas method
$65.9B
2024
$67.6B
2024
GNI per capita, PPP
$5,890
2024
$56,520
2024
Total reserves including gold
$9.34B
2023
$2.83B
2024
Total reserves ranking
81/177
2023
118/177
2024
Net foreign direct investment
-$1.74B
2019
-$405M
2024
Net inflows of foreign direct investment
$1.1B
2024
$1.87B
2024
Net outflows of foreign direct investment
$0
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
n/a
Poverty at national poverty lines
24.8%
2017
12.7%
2022
Gross capital formation, % of GDP n/a
21.5%
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/slovenia | 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 (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.