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Economy of Myanmar vs Tuvalu compared: GDP & Debt

Updated on by Georank team

Myanmar has a GDP of $74.1B compared to $62.3M for Tuvalu, ranking 85/197 and 196/197 by economy size, respectively.

Myanmar has $44B in government debt (59.3% of GDP), compared to $4.15M (6.96% of GDP) in Tuvalu.

Myanmar vs Tuvalu GDP by year

Myanmar
Tuvalu
1x
Year GDP, current $
Myanmar Tuvalu
2024 $74,068,349,524 -
2023 $66,757,619,000 $62,280,312
2022 $62,253,049,903 $59,065,982
2021 $66,345,291,149 $60,196,406
2020 $79,006,113,670 $51,746,594
2019 $75,065,106,243 $54,123,199
2018 $67,860,515,993 $48,015,260
2017 $66,053,040,475 $45,276,595
2016 $63,298,361,984 $41,629,064
2015 $59,607,290,408 $36,811,936
2014 $65,531,374,210 $38,760,983
2013 $60,269,732,855 $38,615,891
2012 $59,937,796,648 $39,345,579
2011 $59,977,326,086 $39,196,957
2010 $49,540,813,342 $32,105,408
2009 $36,906,181,381 $28,076,984
2008 $31,862,554,102 $31,874,435
2007 $20,182,477,481 $28,450,169
2006 $14,502,553,710 $24,096,875
2005 $11,986,972,419 $22,909,980
2004 $10,567,354,056 $22,798,275
2003 $10,467,109,978 $19,456,338
2002 $6,777,632,512 $16,842,673
2001 $6,477,790,688 $13,964,732
2000 $8,905,066,164 $15,073,976
1999 $8,486,832,801 $14,800,503
1998 $6,459,461,639 $13,795,146
1997 $4,722,288,496 $13,734,210
1996 $6,123,556,717 $13,338,597
1995 $5,289,174,943 $11,922,614
1994 $4,432,257,174 $11,772,611
1993 $3,163,020,035 $10,414,400
1992 $2,411,552,289 $10,535,028
1991 $2,069,832,687 $10,127,314
1990 $2,115,193,513 $9,542,901
1989 $2,013,448,229 $8,454,523
1988 $1,541,088,312 $7,011,059
1987 $1,562,448,077 $5,020,513
1986 $1,582,873,750 $4,574,706
1985 $1,478,908,173 $3,862,852
1984 $1,304,063,253 $4,481,978
1983 $1,381,573,615 $4,152,550
1982 $1,481,165,468 $4,118,945
1981 $1,111,000,765 $4,773,018
1980 $1,038,225,167 $4,206,128
1979 $952,265,043 $4,065,659
1978 $935,408,775 $3,798,782
1977 $873,579,932 $3,669,420
1976 $1,204,699,849 $3,919,072
1975 $1,061,107,354 $4,014,748
1974 $1,225,589,878 $4,122,329
1973 $719,754,655 $3,411,915
1972 $662,213,083 $2,968,458
1971 $587,448,405 $2,716,990
1970 $563,555,631 $2,585,956
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/tuvalu | CC BY

GDP per capita in Myanmar vs Tuvalu by year

Myanmar
GDP per capita

GDP per capita, PPP
Tuvalu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Tuvalu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,359 $5,997 - -
2023 $1,233 $5,953 $6,345 $6,151
2022 $1,158 $5,732 $5,911 $5,661
2021 $1,243 $5,178 $5,905 $5,353
2020 $1,490 $5,741 $4,976 $5,122
2019 $1,426 $6,101 $5,115 $5,210
2018 $1,298 $5,581 $4,466 $4,432
2017 $1,273 $4,706 $4,166 $4,227
2016 $1,229 $4,460 $3,809 $4,031
2015 $1,167 $4,459 $3,358 $3,776
2014 $1,293 $4,376 $3,529 $3,419
2013 $1,199 $4,144 $3,510 $3,277
2012 $1,203 $3,845 $3,598 $3,170
2011 $1,214 $3,579 $3,636 $3,176
2010 $1,011 $3,348 $3,025 $2,945
2009 $758 $3,040 $2,684 $3,082
2008 $658 $2,748 $3,088 $3,291
2007 $419 $2,459 $2,794 $3,034
2006 $303 $2,153 $2,396 $2,787
2005 $252.7 $1,860 $2,305 $2,728
2004 $224.5 $1,601 $2,323 $2,765
2003 $224.3 $1,385 $2,007 $2,770
2002 $146.6 $1,204 $1,750 $2,915
2001 $141.5 $1,069 $1,457 $2,596
2000 $196.6 $949 $1,579 $2,597
1999 $189.5 $825 $1,559 $2,543
1998 $146 $742 $1,460 $2,560
1997 $108 $702 $1,461 $2,204
1996 $141.9 $661 $1,428 $1,982
1995 $124.1 $618 $1,285 $2,083
1994 $105.4 $573 $1,279 $2,165
1993 $76.2 $529 $1,141 $1,939
1992 $58.9 $494 $1,166 $1,837
1991 $51.2 $447 $1,134 $1,769
1990 $53.1 $441 $1,085 $1,676
1989 $51.3 - $976 -
1988 $39.9 - $823 -
1987 $41.1 - $600 -
1986 $42.4 - $557 -
1985 $40.4 - $480 -
1984 $36.3 - $567 -
1983 $39.3 - $533 -
1982 $43 - $537 -
1981 $32.8 - $634 -
1980 $31.2 - $571 -
1979 $29.2 - $566 -
1978 $29.3 - $546 -
1977 $27.9 - $549 -
1976 $39.2 - $612 -
1975 $35.2 - $656 -
1974 $41.4 - $708 -
1973 $24.8 - $601 -
1972 $23.3 - $522 -
1971 $21.1 - $478 -
1970 $20.7 - $457 -
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/tuvalu | CC BY

Myanmar's GDP per capita is $1,359, ranking 165/197, compared to $6,345 in Tuvalu, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Tuvalu ranks 152nd at $6,151.

Economic indicators

Myanmar Tuvalu
Gross domestic product
$74.1B
2024
$62.3M
2023
GDP rank
85/197
2024
196/197
2023
GDP growth
-0.97%
2023-2024
3.85%
2022-2023
GDP per capita
$1,359
2024
$6,345
2023
GDP per capita rank
165/197
2024
110/197
2023
GDP per capita, PPP
$5,997
2024
$6,151
2023
GDP per capita PPP rank
153/197
2024
152/197
2023
Government debt
$44B
2024
$4.15M
2023
Debt-to-GDP ratio
59.3%
2024
6.96%
2024
Government debt per person
$806
2024
$423
2023
Government debt per person rank
150/185
2024
171/185
2023
Average annual personal income after taxes
$1,646
2026
$4,233
2026
Income share by richest 10%
25.5%
2017
30.8%
2010
Income share by poorest 10%
3.8%
2017
2.7%
2010
Government expenditure, % of GDP
20.7%
2024
118.4%
2024
Consumer prices inflation
8.83%
2018-2019
1.2%
2023-2024
Unemployment rate
1.48%
2020
7.32%
2022
Population
55292116
9341

Spending and national debt comparison by year

Myanmar
Spending

Debt
Tuvalu
Spending

Debt
1x
Year % of GDP
Myanmar Tuvalu
Government spending Government debt Government spending Government debt
2024 20.7% 59.3% 118.4% 6.96%
2023 21.4% 59.1% 138.8% 6.67%
2022 21.3% 56.1% 115.3% 6.33%
2021 20.9% 63.4% 113.8% 11.3%
2020 21.3% 49.1% 119.5% 12.1%
2019 20.5% 37.6% 113.6% 11.6%
2018 18.7% 39.9% 125.6% 11.8%
2017 19.7% 41.9% 106.4% 12%
2016 21.3% 35.7% 119.6% 11.5%
2015 23.7% 36.6% 116.9% 14.4%
2014 24.7% 34.5% 96.8% 16.4%
2013 23.9% 44.8% 80.2% 17.8%
2012 20% 48% 76.8% 19.3%
2011 15.6% 49.9% 77.2% 19.1%
2010 15.8% 54.4% 93.9% 21.1%
2009 14.4% 56.4% 100% 20.6%
2008 14.4% 59.8% 85.8% 19.8%
2007 15.7% 77.4% 88.6% 32.4%
2006 15.6% 103.1% 98.5% 37.5%
2005 14.6% 119% 82.1% 37.4%
2004 14.6% 126.6% 74.1% -
2003 14.3% 146% - -
2002 15.3% 190.6% - -
2001 19.1% 262% - -
2000 21.4% 164.5% - -
1999 22.8% 150.7% - -
1998 25.2% 208.6% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Myanmar's government spending was $15.3B, accounting for 20.7% of its GDP, while Tuvalu spent $86.4M, or 118.4% of GDP.

Debt-to-GDP ratio is 59.3% in Myanmar and 6.96% in Tuvalu, ranking 81/185 and 182/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Tuvalu
1x
Year Deficit/surplus, % of GDP
Myanmar Tuvalu
2024 -5.06% -8.23%
2023 -5.18% 15.3%
2022 -2.82% -14.6%
2021 -2.47% -13.3%
2020 -6.5% 13.7%
2019 -4.7% -1.07%
2018 -2.77% 30.3%
2017 -3.42% 2.09%
2016 -2.53% 27.5%
2015 -4.33% 14.7%
2014 -1.06% 3.26%
2013 -1.53% 26%
2012 -2.7% 9.58%
2011 -4.82% -8.8%
2010 -5.4% -23.4%
2009 -3.55% -13.5%
2008 -2.73% -17.2%
2007 -3.52% -18.6%
2006 -3.42% -36.8%
2005 -3.49% -12.8%
2004 -4.62% -3.6%
2003 -4.24% -
2002 -4.01% -
2001 -6.34% -
2000 -6.03% -
1999 -4.46% -
1998 -4.89% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2023, Myanmar's government deficit, the difference between spending and revenue, was $3.46B, equivalent to 5.18% of GDP. This compares to Tuvalu's surplus of $9.55M, or 15.3% of GDP.

Over the past 20 years, Myanmar recorded a fiscal deficit in 20 of those years, while Tuvalu ran a deficit in 11 years. On average, Myanmar posted an annual deficit equal to 3.58% of GDP, compared to deficit of 1.06% of GDP for Tuvalu.

Inflation comparison by year

Inflation
Myanmar

Tuvalu
1x
Year Consumer prices inflation
Myanmar Tuvalu
2024 - 1.2%
2023 - 7.2%
2022 - 12.2%
2021 - 6.7%
2020 - 1.6%
2019 8.83% 3.5%
2018 6.87% 2.2%
2017 4.57% 4.1%
2016 6.93% 3.5%
2015 9.45% 3.1%
2014 4.95% 1.1%
2013 5.64% 2%
2012 1.47% 1.4%
2011 5.02% 0.5%
2010 7.72% -1.9%
2009 1.47% -0.3%
2008 26.8% 10.4%
2007 35% 2.3%
2006 20% 4.2%
2005 9.37% 3.2%
2004 4.53% 2.4%
2003 36.6% 2.9%
2002 57.1% 5.1%
2001 21.1% 1.5%
2000 -0.11% -
1999 18.4% -
1998 51.5% -
1997 29.7% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (2001–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2019, retrieved 2026-04-06).

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

Over the past 19 years, Myanmar has recorded an average annual inflation rate of 14.4%, compared with 2.69% in Tuvalu. In 2019, inflation was 8.83% in Myanmar and 1.2% in Tuvalu.

Balance of trade

Myanmar Tuvalu
Current account balance
$67.7M
2019
$2.71M
2022
Current account balance ranking
71/190
2019
77/190
2022
Current account balance, % of GDP
+0.09%
2019
+4.59%
2022
Goods imports
$13.7B
2019
$24.2M
2022
Goods exports
$10.8B
2019
$184K
2022
Service imports
$3.66B
2019
$33.1M
2022
Service exports
$6.68B
2019
$2.05M
2022
Exports of goods and services, % of GDP
24.3%
2025
8.22%
2025

Economic freedom indices

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

Myanmar Tuvalu
Economic freedom 44.5 60
Economic freedom ranking 180/197 99/197
Property rights 5.7 n/a
Government integrity 18.1 n/a
Judicial effectiveness 3.9 n/a
Tax burden 88.6 n/a
Government spending 86.6 n/a
Fiscal health 62.7 n/a
Business freedom 37.9 n/a
Labor freedom 53.2 n/a
Monetary freedom 57.5 n/a
Trade freedom 69.4 n/a
Investment freedom 30 n/a
Financial freedom 20 n/a

Other economic metrics

Myanmar Tuvalu
Services, % of GDP
41.4%
2024
n/a
Industry, % of GDP
37.8%
2024
7.02%
2015
Agriculture, forestry, and fishing, % of GDP
20.8%
2024
15.9%
2015
GNI, Atlas method
$65.9B
2024
$86M
2023
GNI per capita, PPP
$5,890
2024
$8,320
2023
Total reserves including gold
$9.34B
2023
n/a
Total reserves ranking
81/177
2023
n/a
Net foreign direct investment
-$1.74B
2019
$0
2022
Net inflows of foreign direct investment
$1.1B
2024
$258K
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
n/a
Poverty at national poverty lines
24.8%
2017
26.3%
2020

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/tuvalu | 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 (1998–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.