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Economy of Myanmar vs Uruguay compared: GDP & Debt

Updated on by Georank

Myanmar has a GDP of $81.7B compared to $85.3B for Uruguay, ranking 85/197 and 84/197 by economy size, respectively.

Myanmar has $42.4B in government debt (51.9% of GDP), compared to $56B (65.7% of GDP) in Uruguay.

Myanmar vs Uruguay GDP by year

Myanmar
Uruguay
1x
Year GDP, current $
Myanmar Uruguay
2025 $81,665,773,810 $85,347,696,278
2024 $74,068,349,524 $82,322,859,144
2023 $66,757,619,000 $79,208,725,900
2022 $62,253,049,892 $71,240,669,088
2021 $66,345,291,160 $60,739,061,281
2020 $79,006,113,643 $53,559,354,501
2019 $75,065,106,228 $62,222,324,965
2018 $67,860,515,990 $65,344,577,416
2017 $66,053,040,483 $65,006,039,810
2016 $63,298,361,996 $57,480,787,465
2015 $59,607,290,408 $57,680,327,999
2014 $65,531,374,200 $61,496,186,974
2013 $60,269,732,855 $61,337,621,934
2012 $59,937,796,648 $54,232,266,359
2011 $59,977,326,086 $50,342,406,067
2010 $49,540,813,342 $41,950,361,212
2009 $36,906,181,381 $32,708,319,078
2008 $31,862,554,102 $31,119,602,539
2007 $20,182,477,481 $23,797,773,024
2006 $14,502,553,710 $19,741,420,740
2005 $11,986,972,419 $17,362,857,684
2004 $10,567,354,056 $13,686,329,890
2003 $10,467,109,978 $12,045,638,352
2002 $6,777,632,512 $13,606,515,723
2001 $6,477,790,688 $20,898,761,742
2000 $8,905,066,164 $22,823,270,892
1999 $8,486,832,801 $23,983,945,191
1998 $6,459,461,639 $25,385,886,978
1997 $4,722,288,496 $23,969,739,234
1996 $6,123,556,717 $20,515,458,114
1995 $5,289,174,943 $19,297,663,097
1994 $4,432,257,174 $17,474,588,896
1993 $3,163,020,035 $15,002,136,971
1992 $2,411,552,289 $12,878,148,791
1991 $2,069,832,687 $11,206,176,651
1990 $2,115,193,513 $9,298,807,850
1989 $2,013,448,229 $8,438,951,476
1988 $1,541,088,312 $8,213,538,369
1987 $1,562,448,077 $7,367,494,080
1986 $1,582,873,750 $5,880,112,788
1985 $1,478,908,173 $4,732,017,873
1984 $1,304,063,253 $4,850,238,550
1983 $1,381,573,615 $5,102,276,308
1982 $1,481,165,468 $9,178,780,077
1981 $1,111,000,765 $11,048,301,421
1980 $1,038,225,167 $10,163,020,116
1979 $952,265,043 $7,181,182,224
1978 $935,408,775 $4,910,254,566
1977 $873,579,932 $4,114,670,014
1976 $1,204,699,849 $3,667,161,241
1975 $1,061,107,354 $3,538,278,047
1974 $1,225,589,878 $4,090,209,682
1973 $719,754,655 $3,964,296,443
1972 $662,213,083 $2,189,418,689
1971 $587,448,405 $2,807,258,065
1970 $563,555,631 $2,137,096,774
1969 $571,854,215 $2,004,435,484
1968 $559,956,130 $1,593,674,185
1967 $420,359,036 $1,597,713,469
1966 $293,103,479 $1,809,185,094
1965 $367,053,117 $1,890,767,156
1964 $411,419,906 $1,975,701,816
1963 $598,998,419 $1,539,681,491
1962 $634,528,872 $1,710,004,407
1961 $605,581,577 $1,547,388,781
1960 $545,098,448 $1,242,289,239

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

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

GDP per capita in Myanmar vs Uruguay by year

Myanmar
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,489 - $25,216 -
2024 $1,359 $5,997 $24,308 $36,418
2023 $1,233 $5,953 $23,379 $34,471
2022 $1,158 $5,732 $21,009 $33,001
2021 $1,243 $5,178 $17,882 $29,432
2020 $1,490 $5,741 $15,758 $25,725
2019 $1,426 $6,101 $18,316 $25,783
2018 $1,298 $5,581 $19,250 $24,386
2017 $1,273 $4,706 $19,185 $23,607
2016 $1,229 $4,460 $17,010 $22,841
2015 $1,167 $4,459 $17,126 $22,169
2014 $1,293 $4,376 $18,322 $21,868
2013 $1,199 $4,144 $18,335 $20,661
2012 $1,203 $3,845 $16,260 $19,495
2011 $1,214 $3,579 $15,132 $19,135
2010 $1,011 $3,348 $12,641 $17,873
2009 $758 $3,040 $9,881 $16,422
2008 $658 $2,748 $9,424 $15,694
2007 $419 $2,459 $7,222 $14,397
2006 $303 $2,153 $6,001 $13,179
2005 $252.7 $1,860 $5,284 $12,296
2004 $224.5 $1,601 $4,169 $11,103
2003 $224.3 $1,385 $3,671 $10,303
2002 $146.6 $1,204 $4,150 $10,030
2001 $141.5 $1,069 $6,383 $10,719
2000 $196.6 $949 $6,988 $10,929
1999 $189.5 $825 $7,371 $10,938
1998 $146 $742 $7,837 $11,002
1997 $108 $702 $7,436 $10,461
1996 $141.9 $661 $6,398 $9,524
1995 $124.1 $618 $6,050 $8,906
1994 $105.4 $573 $5,508 $8,897
1993 $76.2 $529 $4,753 $8,162
1992 $58.9 $494 $4,102 $7,808
1991 $51.2 $447 $3,589 $7,112
1990 $53.1 $441 $2,995 $6,683
1989 $51.3 - $2,734 -
1988 $39.9 - $2,677 -
1987 $41.1 - $2,416 -
1986 $42.4 - $1,939 -
1985 $40.4 - $1,568 -
1984 $36.3 - $1,615 -
1983 $39.3 - $1,707 -
1982 $43 - $3,085 -
1981 $32.8 - $3,728 -
1980 $31.2 - $3,443 -
1979 $29.2 - $2,443 -
1978 $29.3 - $1,678 -
1977 $27.9 - $1,414 -
1976 $39.2 - $1,268 -
1975 $35.2 - $1,232 -
1974 $41.4 - $1,433 -
1973 $24.8 - $1,397 -
1972 $23.3 - $776 -
1971 $21.1 - $1,000 -
1970 $20.7 - $766 -
1969 $21.5 - $723 -
1968 $21.5 - $579 -
1967 $16.5 - $585 -
1966 $11.8 - $668 -
1965 $15.1 - $705 -
1964 $17.3 - $745 -
1963 $25.8 - $587 -
1962 $27.9 - $659 -
1961 $27.3 - $604 -
1960 $25.1 - $491 -

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

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

Myanmar's GDP per capita is $1,489, ranking 166/197, compared to $25,216 in Uruguay, ranking 54/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Uruguay ranks 61st at $36,418.

Economic indicators

Myanmar Uruguay
Gross domestic product
$81.7B
2025
$85.3B
2025
GDP rank
85/197
2025
84/197
2025
GDP growth
-2.01%
2024-2025
1.78%
2024-2025
GDP per capita
$1,489
2025
$25,216
2025
GDP per capita rank
166/197
2025
54/197
2025
GDP per capita, PPP
$5,997
2024
$36,418
2024
GDP per capita PPP rank
153/197
2024
61/197
2024
Government debt
$42.4B
2025
$56B
2025
Debt-to-GDP ratio
51.9%
2025
65.7%
2025
Government debt per person
$773
2025
$16,559
2025
Government debt per person rank
152/185
2025
41/185
2025
Average annual personal income after taxes
$2,165
2026
$14,046
2026
Market capitalization of domestic companies n/a
$284M
1996
Income share by richest 10%
25.5%
2017
30%
2024
Income share by poorest 10%
3.8%
2017
2.2%
2024
Government expenditure, % of GDP
25.2%
2025
31.5%
2025
Consumer prices inflation
8.83%
2018-2019
4.65%
2024-2025
Central bank interest rate n/a
5.75%
2026
Unemployment rate
1.48%
2020
8.21%
2024
Population
55361818
3382672

Spending and national debt comparison by year

Myanmar
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Myanmar Uruguay
Government spending Government debt Government spending Government debt
2025 25.2% 51.9% 31.5% 65.7%
2024 25.8% 50.6% 30.6% 67.6%
2023 21.4% 53.2% 30.1% 63%
2022 21.3% 56% 29.7% 59.4%
2021 20.9% 63.4% 30.2% 64.1%
2020 21.3% 49.1% 32.8% 68.2%
2019 20.5% 37.6% 30.6% 59.6%
2018 18.7% 39.9% 30.3% 57.9%
2017 19.7% 41.9% 29.7% 55.8%
2016 21.3% 35.7% 29.7% 56.4%
2015 23.7% 36.6% 28.4% 57.8%
2014 24.7% 34.5% 29.1% 51.1%
2013 23.9% 44.8% 28.8% 50%
2012 20% 48% 27.7% 49.8%
2011 15.6% 49.9% 26.3% 41.3%
2010 15.8% 54.4% 27.4% 40.9%
2009 14.4% 56.4% 27.2% 46.2%
2008 14.4% 59.8% 26.3% 46.2%
2007 15.7% 77.4% 26.8% 52.8%
2006 15.6% 103.1% 26.8% 61.1%
2005 14.6% 119% 26.3% 66.2%
2004 14.6% 126.6% 26.6% 73.7%
2003 14.3% 146% 27.7% 91.9%
2002 15.3% 190.6% 27.6% 90.1%
2001 19.1% 262% 27.8% 39.4%
2000 21.4% 164.5% 26.6% 30.5%
1999 22.8% 150.7% 27.2% 24.1%
1998 25.2% 208.6% 27.3% 19.4%
1997 - - 27.6% 18.8%
1996 - - 26.5% 18.3%
1995 - - 26.2% 18.5%
1994 - - 29.5% 19.3%
1993 - - 27.7% 20%
1992 - - 23.6% 22.2%
1991 - - 22.2% 20.4%
1990 - - 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-07-08).

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

In 2025, Myanmar's government spending was $20.6B, accounting for 25.2% of its GDP, while Uruguay spent $26.9B, or 31.5% of GDP.

Debt-to-GDP ratio is 51.9% in Myanmar and 65.7% in Uruguay, ranking 101/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Uruguay
1x
Year Deficit/surplus, % of GDP
Myanmar Uruguay
2025 -4.94% -3.36%
2024 -4.11% -3.16%
2023 -2.76% -3.09%
2022 -2.75% -2.5%
2021 -2.22% -2.61%
2020 -6.5% -4.64%
2019 -4.7% -2.71%
2018 -2.77% -1.89%
2017 -3.42% -2.51%
2016 -2.53% -2.68%
2015 -4.33% -1.86%
2014 -1.06% -2.6%
2013 -1.53% -1.72%
2012 -2.7% -2.17%
2011 -4.82% -0.33%
2010 -5.4% -0.39%
2009 -3.55% -1.39%
2008 -2.73% -1.31%
2007 -3.52% -0.16%
2006 -3.42% -0.64%
2005 -3.49% -0.28%
2004 -4.62% -0.87%
2003 -4.24% -2.19%
2002 -4.01% -3.19%
2001 -6.34% -2.85%
2000 -6.03% -2.76%
1999 -4.46% -2.76%
1998 -4.89% -0.76%
1997 - -0.97%
1996 - -1.32%
1995 - -1.08%
1994 - -2.37%
1993 - -0.47%
1992 - 0.6%
1991 - 0.88%
1990 - 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08).

GeoRank.org/economy/myanmar/uruguay | 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 Uruguay's deficit of $2.86B, or 3.36% of GDP.

Over the past 28 years, Myanmar recorded a fiscal deficit in 28 of those years, while Uruguay ran a deficit in 28 years. On average, Myanmar posted an annual deficit equal to 3.85% of GDP, compared to deficit of 2.05% of GDP for Uruguay.

Inflation comparison by year

Inflation
Myanmar

Uruguay
1x
Year Consumer prices inflation
Myanmar Uruguay
2025 - 4.65%
2024 - 4.85%
2023 - 5.87%
2022 - 9.1%
2021 - 7.75%
2020 - 9.76%
2019 8.83% 7.88%
2018 6.87% 7.61%
2017 4.57% 6.22%
2016 6.93% 9.64%
2015 9.45% 8.67%
2014 4.95% 8.88%
2013 5.64% 8.58%
2012 1.47% 8.1%
2011 5.02% 8.09%
2010 7.72% 6.7%
2009 1.47% 7.06%
2008 26.8% 7.88%
2007 35% 8.11%
2006 20% 6.4%
2005 9.37% 4.7%
2004 4.53% 9.16%
2003 36.6% 19.4%
2002 57.1% 14%
2001 21.1% 4.36%
2000 -0.11% 4.76%
1999 18.4% 5.66%
1998 51.5% 10.8%
1997 29.7% 19.8%

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

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

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 8.8% in Uruguay. In 2019, inflation was 8.83% in Myanmar and 4.65% in Uruguay.

Top exports between countries

Myanmar
Export category Export value
Textiles & consumer goods $2.37M
Wood & paper products $34K
Raw materials & minerals $2K
Uruguay
Export category Export value
Animal & marine products $315K

Balance of trade

Myanmar Uruguay
Current account balance
$67.7M
2019
-$374M
2025
Current account balance ranking
66/190
2019
100/190
2025
Current account balance, % of GDP
+0.09%
2019
-0.44%
2025
Goods imports
$13.7B
2019
$13.6B
2025
Goods exports
$10.8B
2019
$16.1B
2025
Service imports
$3.66B
2019
$5.96B
2025
Service exports
$6.68B
2019
$7.39B
2025
Imports of goods and services, % of GDP n/a
22.6%
2025
Exports of goods and services, % of GDP
24.3%
2026
27.1%
2025

Economic freedom indices

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

Myanmar Uruguay
Economic freedom 44.5 69.8
Economic freedom ranking 180/197 39/197
Property rights 5.7 87.4
Government integrity 18.1 79
Judicial effectiveness 3.9 80.9
Tax burden 88.6 73.3
Government spending 86.6 72
Fiscal health 62.7 76.6
Business freedom 37.9 83.8
Labor freedom 53.2 61.7
Monetary freedom 57.5 70.2
Trade freedom 69.4 73.2
Investment freedom 30 50
Financial freedom 20 30

Economic freedom comparison by year

Myanmar
Uruguay
1x
Year Economic freedom index
Myanmar Uruguay
2026 44.5 69.8
2025 43.7 70.2
2024 42.2 69.8
2023 46.5 70.2
2022 49.6 70
2021 55.2 69.3
2020 54 69.1
2019 53.6 68.6
2018 53.9 69.2
2017 52.5 69.7
2016 48.7 68.8
2015 46.9 68.6
2014 46.5 69.3
2013 39.2 69.7
2012 38.7 69.9
2011 37.8 70
2010 36.7 69.8
2009 37.7 69.1
2008 39.5 67.9
2007 41 68.4
2006 40 65.3
2005 40.5 66.9
2004 43.6 66.7
2003 44.9 69.8
2002 45.5 68.7
2001 46.1 70.7
2000 47.9 69.3
1999 46.4 68.5
1998 45.7 68.6
1997 45.4 67.5
1996 45.1 63.7
1995 - 62.5

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

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Uruguay
Services, % of GDP
38.5%
2025
65.2%
2025
Industry, % of GDP
36.2%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
25.3%
2025
6.38%
2025
GNI, Atlas method
$72.3B
2025
$81.3B
2025
GNI per capita, PPP
$5,890
2025
$36,330
2025
Total reserves including gold
$9.34B
2023
$19B
2025
Total reserves ranking
85/177
2023
67/177
2025
Net foreign direct investment
-$1.74B
2019
-$457M
2025
Net inflows of foreign direct investment
$1.1B
2024
-$3.94B
2024
Net outflows of foreign direct investment
$0
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
n/a
Poverty at national poverty lines
24.8%
2017
17.3%
2024
Gross capital formation, % of GDP n/a
16.2%
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/uruguay | 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 (1998–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, 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 (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.