Skip to content

Economy of Myanmar vs Togo compared: GDP & Debt

Updated on by Georank team

Myanmar has a GDP of $74.1B compared to $10.7B for Togo, ranking 85/197 and 154/197 by economy size, respectively.

Myanmar has $44B in government debt (59.3% of GDP), compared to $7.68B (72.1% of GDP) in Togo.

Myanmar vs Togo GDP by year

Myanmar
Togo
1x
Year GDP, current $
Myanmar Togo
2024 $74,068,349,524 $10,651,180,147
2023 $66,757,619,000 $9,816,236,303
2022 $62,253,049,903 $8,646,453,099
2021 $66,345,291,149 $8,541,668,141
2020 $79,006,113,670 $7,486,031,562
2019 $75,065,106,243 $6,992,654,019
2018 $67,860,515,993 $7,029,215,766
2017 $66,053,040,475 $6,387,424,240
2016 $63,298,361,984 $6,071,167,584
2015 $59,607,290,408 $5,755,457,836
2014 $65,531,374,210 $6,393,314,708
2013 $60,269,732,855 $6,021,729,630
2012 $59,937,796,648 $5,413,541,649
2011 $59,977,326,086 $5,422,439,152
2010 $49,540,813,342 $4,746,386,893
2009 $36,906,181,381 $4,721,888,275
2008 $31,862,554,102 $4,578,847,113
2007 $20,182,477,481 $3,759,962,853
2006 $14,502,553,710 $3,320,907,722
2005 $11,986,972,419 $3,221,910,408
2004 $10,567,354,056 $3,191,561,509
2003 $10,467,109,978 $2,987,984,051
2002 $6,777,632,512 $2,410,199,032
2001 $6,477,790,688 $2,093,498,674
2000 $8,905,066,164 $2,106,848,752
1999 $8,486,832,801 $2,226,577,204
1998 $6,459,461,639 $2,241,650,112
1997 $4,722,288,496 $2,116,818,623
1996 $6,123,556,717 $2,069,506,014
1995 $5,289,174,943 $1,849,110,468
1994 $4,432,257,174 $1,387,662,121
1993 $3,163,020,035 $1,741,944,426
1992 $2,411,552,289 $2,390,796,916
1991 $2,069,832,687 $2,262,767,860
1990 $2,115,193,513 $2,299,665,506
1989 $2,013,448,229 $1,910,635,575
1988 $1,541,088,312 $1,947,208,354
1987 $1,562,448,077 $1,763,978,066
1986 $1,582,873,750 $1,498,219,579
1985 $1,478,908,173 $1,076,604,520
1984 $1,304,063,253 $1,014,170,069
1983 $1,381,573,615 $1,081,387,265
1982 $1,481,165,468 $1,160,337,039
1981 $1,111,000,765 $1,359,026,709
1980 $1,038,225,167 $1,604,836,916
1979 $952,265,043 $1,259,365,712
1978 $935,408,775 $1,164,025,637
1977 $873,579,932 $1,097,893,826
1976 $1,204,699,849 $874,681,612
1975 $1,061,107,354 $871,781,687
1974 $1,225,589,878 $791,450,308
1973 $719,754,655 $574,030,984
1972 $662,213,083 $474,043,922
1971 $587,448,405 $404,648,368
1970 $563,555,631 $358,665,754
1969 $571,854,215 $378,091,810
1968 $559,956,130 $341,691,567
1967 $420,359,036 $327,215,844
1966 $293,103,479 $305,227,595
1965 $367,053,117 $264,505,506
1964 $411,419,906 $234,572,186
1963 $598,998,419 $202,305,865
1962 $634,528,872 $186,745,758
1961 $605,581,577 $178,497,098
1960 $545,098,448 $171,057,069

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

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

GDP per capita in Myanmar vs Togo by year

Myanmar
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,359 $5,997 $1,119 $3,365
2023 $1,233 $5,953 $1,055 $3,154
2022 $1,158 $5,732 $951 $2,935
2021 $1,243 $5,178 $962 $2,639
2020 $1,490 $5,741 $863 $2,384
2019 $1,426 $6,101 $826 $2,215
2018 $1,298 $5,581 $851 $2,067
2017 $1,273 $4,706 $793 $1,986
2016 $1,229 $4,460 $773 $1,933
2015 $1,167 $4,459 $751 $1,880
2014 $1,293 $4,376 $856 $1,803
2013 $1,199 $4,144 $827 $1,715
2012 $1,203 $3,845 $762 $1,645
2011 $1,214 $3,579 $784 $1,616
2010 $1,011 $3,348 $705 $1,537
2009 $758 $3,040 $721 $1,474
2008 $658 $2,748 $719 $1,429
2007 $419 $2,459 $608 $1,387
2006 $303 $2,153 $553 $1,407
2005 $252.7 $1,860 $551 $1,368
2004 $224.5 $1,601 $560 $1,427
2003 $224.3 $1,385 $538 $1,440
2002 $146.6 $1,204 $445 $1,357
2001 $141.5 $1,069 $397 $1,320
2000 $196.6 $949 $410 $1,315
1999 $189.5 $825 $445 $1,332
1998 $146 $742 $461 $1,318
1997 $108 $702 $448 $1,373
1996 $141.9 $661 $452 $1,218
1995 $124.1 $618 $419 $1,140
1994 $105.4 $573 $329 $1,082
1993 $76.2 $529 $414 $925
1992 $58.9 $494 $565 $1,057
1991 $51.2 $447 $550 $1,107
1990 $53.1 $441 $575 $1,110
1989 $51.3 - $492 -
1988 $39.9 - $517 -
1987 $41.1 - $482 -
1986 $42.4 - $422 -
1985 $40.4 - $313 -
1984 $36.3 - $304 -
1983 $39.3 - $336 -
1982 $43 - $372 -
1981 $32.8 - $451 -
1980 $31.2 - $549 -
1979 $29.2 - $443 -
1978 $29.3 - $421 -
1977 $27.9 - $406 -
1976 $39.2 - $332 -
1975 $35.2 - $339 -
1974 $41.4 - $315 -
1973 $24.8 - $234.4 -
1972 $23.3 - $198.8 -
1971 $21.1 - $174.6 -
1970 $20.7 - $159.8 -
1969 $21.5 - $174.7 -
1968 $21.5 - $164.3 -
1967 $16.5 - $163.9 -
1966 $11.8 - $159.1 -
1965 $15.1 - $142.7 -
1964 $17.3 - $130.1 -
1963 $25.8 - $114.6 -
1962 $27.9 - $107.8 -
1961 $27.3 - $104.8 -
1960 $25.1 - $102.2 -

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

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

Myanmar's GDP per capita is $1,359, ranking 165/197, compared to $1,119 in Togo, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Togo ranks 173rd at $3,365.

Economic indicators

Myanmar Togo
Gross domestic product
$74.1B
2024
$10.7B
2024
GDP rank
85/197
2024
154/197
2024
GDP growth
-0.97%
2023-2024
6.53%
2023-2024
GDP per capita
$1,359
2024
$1,119
2024
GDP per capita rank
165/197
2024
172/197
2024
GDP per capita, PPP
$5,997
2024
$3,365
2024
GDP per capita PPP rank
153/197
2024
173/197
2024
Government debt
$44B
2024
$7.68B
2024
Debt-to-GDP ratio
59.3%
2024
72.1%
2024
Government debt per person
$806
2024
$807
2024
Government debt per person rank
150/185
2024
149/185
2024
Average annual personal income after taxes
$1,646
2026
$1,661
2026
Income share by richest 10%
25.5%
2017
29.6%
2021
Income share by poorest 10%
3.8%
2017
2.8%
2021
Government expenditure, % of GDP
20.7%
2024
26.4%
2024
Consumer prices inflation
8.83%
2018-2019
2.86%
2023-2024
Unemployment rate
1.48%
2020
1.97%
2022
Population
55292116
9990340

Spending and national debt comparison by year

Myanmar
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
Myanmar Togo
Government spending Government debt Government spending Government debt
2024 20.7% 59.3% 26.4% 72.1%
2023 21.4% 59.1% 26.6% 68.6%
2022 21.3% 56.1% 26% 67%
2021 20.9% 63.4% 21.8% 64.9%
2020 21.3% 49.1% 23.7% 62.2%
2019 20.5% 37.6% 16.6% 54.9%
2018 18.7% 39.9% 18.8% 58%
2017 19.7% 41.9% 16.3% 57.1%
2016 21.3% 35.7% 22.9% 59.9%
2015 23.7% 36.6% 22.9% 52.4%
2014 24.7% 34.5% 21.9% 44.9%
2013 23.9% 44.8% 20.5% 41.1%
2012 20% 48% 19.1% 34.3%
2011 15.6% 49.9% 18.2% 37%
2010 15.8% 54.4% 15.1% 33.5%
2009 14.4% 56.4% 14.3% 57.6%
2008 14.4% 59.8% 12.4% 67.3%
2007 15.7% 77.4% 13.7% 70.5%
2006 15.6% 103.1% 14.7% 67.7%
2005 14.6% 119% 13.3% 63.1%
2004 14.6% 126.6% 10.6% 48.7%
2003 14.3% 146% 8.88% 50%
2002 15.3% 190.6% 8.42% 54.8%
2001 19.1% 262% 10.9% 68.5%
2000 21.4% 164.5% 11.9% 66.5%
1999 22.8% 150.7% 11.9% 59.9%
1998 25.2% 208.6% 12.8% 62.8%
1997 - - 10.6% 54.4%
1996 - - 12.4% 60.4%
1995 - - 12.7% 64.8%
1994 - - 13.2% 79%
1993 - - 14.8% 58.3%
1992 - - 12.6% 45%
1991 - - 14.6% 46.9%
1990 - - 16.8% 44.7%
1989 - - 16.9% 46.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20).

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

In 2024, Myanmar's government spending was $15.3B, accounting for 20.7% of its GDP, while Togo spent $2.81B, or 26.4% of GDP.

Debt-to-GDP ratio is 59.3% in Myanmar and 72.1% in Togo, ranking 81/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Togo
1x
Year Deficit/surplus, % of GDP
Myanmar Togo
2024 -5.06% -7.43%
2023 -5.18% -6.73%
2022 -2.82% -8.33%
2021 -2.47% -4.65%
2020 -6.5% -7.05%
2019 -4.7% 1.67%
2018 -2.77% -0.59%
2017 -3.42% -0.21%
2016 -2.53% -7.02%
2015 -4.33% -7.04%
2014 -1.06% -7.11%
2013 -1.53% -5.08%
2012 -2.7% -4.63%
2011 -4.82% -4.48%
2010 -5.4% -1.66%
2009 -3.55% -2.63%
2008 -2.73% -0.59%
2007 -3.52% -1.83%
2006 -3.42% -1.94%
2005 -3.49% -1.67%
2004 -4.62% 0.61%
2003 -4.24% 1.43%
2002 -4.01% -0.28%
2001 -6.34% -0.72%
2000 -6.03% -3.45%
1999 -4.46% -1.76%
1998 -4.89% -3.25%
1997 - -0.98%
1996 - -3.26%
1995 - -2.97%
1994 - -5.37%
1993 - -8.46%
1992 - -2.27%
1991 - -3.52%
1990 - -1.65%
1989 - -2.18%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

GeoRank.org/economy/myanmar/togo | 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 Togo's deficit of $791M, or 7.43% of GDP.

Over the past 27 years, Myanmar recorded a fiscal deficit in 27 of those years, while Togo ran a deficit in 24 years. On average, Myanmar posted an annual deficit equal to 3.95% of GDP, compared to deficit of 3.2% of GDP for Togo.

Inflation comparison by year

Inflation
Myanmar

Togo
1x
Year Consumer prices inflation
Myanmar Togo
2024 - 2.86%
2023 - 5.49%
2022 - 7.97%
2021 - 4.19%
2020 - 1.7%
2019 8.83% 0.67%
2018 6.87% 0.93%
2017 4.57% -0.98%
2016 6.93% 1.29%
2015 9.45% 2.59%
2014 4.95% 0.19%
2013 5.64% 1.83%
2012 1.47% 2.58%
2011 5.02% 3.56%
2010 7.72% 1.45%
2009 1.47% 3.71%
2008 26.8% 8.69%
2007 35% 0.95%
2006 20% 2.23%
2005 9.37% 6.78%
2004 4.53% 0.39%
2003 36.6% -0.93%
2002 57.1% 3.06%
2001 21.1% 3.92%
2000 -0.11% 1.86%
1999 18.4% -0.05%
1998 51.5% 0.98%
1997 29.7% 8.25%

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

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

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 2.35% in Togo. In 2019, inflation was 8.83% in Myanmar and 2.86% in Togo.

Top exports between countries

Myanmar
Export category Export value
Raw agricultural goods $3.2M
Processed food, beverages & tobacco $84K
Togo
Export category Export value

Balance of trade

Myanmar Togo
Current account balance
$67.7M
2019
-$20.7M
2020
Current account balance ranking
71/190
2019
79/190
2020
Current account balance, % of GDP
+0.09%
2019
-0.28%
2020
Goods imports
$13.7B
2019
$1.95B
2020
Goods exports
$10.8B
2019
$1.21B
2020
Service imports
$3.66B
2019
$438M
2020
Service exports
$6.68B
2019
$514M
2020
Imports of goods and services, % of GDP n/a
38.1%
2024
Exports of goods and services, % of GDP
24.3%
2025
24.4%
2024

Economic freedom indices

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

Myanmar Togo
Economic freedom 44.5 51.6
Economic freedom ranking 180/197 153/197
Property rights 5.7 43.6
Government integrity 18.1 33.3
Judicial effectiveness 3.9 34
Tax burden 88.6 68.9
Government spending 86.6 79.2
Fiscal health 62.7 9.6
Business freedom 37.9 60.1
Labor freedom 53.2 51.9
Monetary freedom 57.5 72.5
Trade freedom 69.4 65.8
Investment freedom 30 60
Financial freedom 20 40

Economic freedom comparison by year

Myanmar
Togo
1x
Year Economic freedom index
Myanmar Togo
2026 44.5 51.6
2025 43.7 52.3
2024 42.2 50.9
2023 46.5 55.3
2022 49.6 57.2
2021 55.2 57.5
2020 54 54.1
2019 53.6 50.3
2018 53.9 47.8
2017 52.5 53.2
2016 48.7 53.6
2015 46.9 53
2014 46.5 49.9
2013 39.2 48.8
2012 38.7 48.3
2011 37.8 49.1
2010 36.7 47.1
2009 37.7 48.7
2008 39.5 48.9
2007 41 49.7
2006 40 47.3
2005 40.5 48.2
2004 43.6 47
2003 44.9 46.8
2002 45.5 45.2
2001 46.1 45.3
2000 47.9 46.4
1999 46.4 48.2
1998 45.7 -
1997 45.4 -
1996 45.1 -

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

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Togo
Services, % of GDP
41.4%
2024
49.2%
2024
Industry, % of GDP
37.8%
2024
20.4%
2024
Agriculture, forestry, and fishing, % of GDP
20.8%
2024
21.3%
2024
GNI, Atlas method
$65.9B
2024
$10.3B
2024
GNI per capita, PPP
$5,890
2024
$3,380
2024
Total reserves including gold
$9.34B
2023
n/a
Total reserves ranking
81/177
2023
n/a
Net foreign direct investment
-$1.74B
2019
-$53.1M
2020
Net inflows of foreign direct investment
$1.1B
2024
$83.8M
2024
Net outflows of foreign direct investment
$0
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
3.21%
2024
Poverty at national poverty lines
24.8%
2017
43.8%
2021
Gross capital formation, % of GDP n/a
20.8%
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/togo | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20)
  6. TradeMap (2022–2024, 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.