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Economy of Myanmar vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Myanmar has a GDP of $74.1B compared to $115B for Uzbekistan, ranking 85/197 and 66/197 by economy size, respectively.

Myanmar has $44B in government debt (59.3% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Myanmar vs Uzbekistan GDP by year

Myanmar
Uzbekistan
1x
Year GDP, current $
Myanmar Uzbekistan
2024 $74,068,349,524 $114,965,293,467
2023 $66,757,619,000 $102,641,879,249
2022 $62,253,049,903 $90,095,926,567
2021 $66,345,291,149 $77,340,060,003
2020 $79,006,113,670 $66,443,265,418
2019 $75,065,106,243 $67,293,639,798
2018 $67,860,515,993 $58,695,899,092
2017 $66,053,040,475 $69,703,222,283
2016 $63,298,361,984 $86,138,288,644
2015 $59,607,290,408 $86,196,264,755
2014 $65,531,374,210 $80,845,385,809
2013 $60,269,732,855 $73,180,037,915
2012 $59,937,796,648 $67,517,349,212
2011 $59,977,326,086 $60,178,909,297
2010 $49,540,813,342 $49,765,676,402
2009 $36,906,181,381 $33,689,223,673
2008 $31,862,554,102 $29,549,438,884
2007 $20,182,477,481 $22,311,393,928
2006 $14,502,553,710 $17,330,833,853
2005 $11,986,972,419 $14,307,509,839
2004 $10,567,354,056 $12,030,023,548
2003 $10,467,109,978 $10,134,453,435
2002 $6,777,632,512 $9,687,788,513
2001 $6,477,790,688 $11,401,421,329
2000 $8,905,066,164 $13,760,513,969
1999 $8,486,832,801 $17,078,465,982
1998 $6,459,461,639 $14,988,971,211
1997 $4,722,288,496 $14,744,603,774
1996 $6,123,556,717 $13,948,892,216
1995 $5,289,174,943 $13,350,461,265
1994 $4,432,257,174 $12,899,074,922
1993 $3,163,020,035 $13,099,920,056
1992 $2,411,552,289 $12,953,801,760
1991 $2,069,832,687 $13,800,167,712
1990 $2,115,193,513 $13,362,340,338
1989 $2,013,448,229 $11,948,815,258
1988 $1,541,088,312 $10,722,799,639
1987 $1,562,448,077 $8,523,160,593
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/uzbekistan | CC BY

GDP per capita in Myanmar vs Uzbekistan by year

Myanmar
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Myanmar Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,359 $5,997 $3,162 $11,879
2023 $1,233 $5,953 $2,879 $11,107
2022 $1,158 $5,732 $2,579 $10,293
2021 $1,243 $5,178 $2,259 $9,248
2020 $1,490 $5,741 $1,978 $8,452
2019 $1,426 $6,101 $2,041 $8,544
2018 $1,298 $5,581 $1,813 $8,129
2017 $1,273 $4,706 $2,191 $7,818
2016 $1,229 $4,460 $2,753 $6,919
2015 $1,167 $4,459 $2,803 $6,800
2014 $1,293 $4,376 $2,675 $6,610
2013 $1,199 $4,144 $2,462 $6,413
2012 $1,203 $3,845 $2,307 $6,168
2011 $1,214 $3,579 $2,088 $5,949
2010 $1,011 $3,348 $1,753 $5,505
2009 $758 $3,040 $1,206 $5,135
2008 $658 $2,748 $1,075 $4,800
2007 $419 $2,459 $824 $4,386
2006 $303 $2,153 $649 $3,956
2005 $252.7 $1,860 $543 $3,618
2004 $224.5 $1,601 $462 $3,321
2003 $224.3 $1,385 $394 $3,047
2002 $146.6 $1,204 $381 $2,902
2001 $141.5 $1,069 $454 $2,782
2000 $196.6 $949 $555 $2,644
1999 $189.5 $825 $698 $2,522
1998 $146 $742 $621 $2,418
1997 $108 $702 $621 $2,329
1996 $141.9 $661 $597 $2,214
1995 $124.1 $618 $583 $2,178
1994 $105.4 $573 $574 $2,197
1993 $76.2 $529 $596 $2,318
1992 $58.9 $494 $603 $2,371
1991 $51.2 $447 $658 $2,676
1990 $53.1 $441 $653 $2,665
1989 $51.3 - $598 -
1988 $39.9 - $551 -
1987 $41.1 - $450 -
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/uzbekistan | CC BY

Myanmar's GDP per capita is $1,359, ranking 165/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Myanmar ranks 153rd at $5,997, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Myanmar Uzbekistan
Gross domestic product
$74.1B
2024
$115B
2024
GDP rank
85/197
2024
66/197
2024
GDP growth
-0.97%
2023-2024
6.5%
2023-2024
GDP per capita
$1,359
2024
$3,162
2024
GDP per capita rank
165/197
2024
139/197
2024
GDP per capita, PPP
$5,997
2024
$11,879
2024
GDP per capita PPP rank
153/197
2024
125/197
2024
Government debt
$44B
2024
$37.5B
2024
Debt-to-GDP ratio
59.3%
2024
32.7%
2024
Government debt per person
$806
2024
$1,032
2024
Government debt per person rank
150/185
2024
141/185
2024
Average annual personal income after taxes
$1,646
2026
$3,658
2026
Market capitalization of domestic companies n/a
$18.8B
2024
Income share by richest 10%
25.5%
2017
25.7%
2024
Income share by poorest 10%
3.8%
2017
2.3%
2024
Government expenditure, % of GDP
20.7%
2024
27.6%
2024
Consumer prices inflation
8.83%
2018-2019
9.6%
2023-2024
Central bank interest rate n/a
14%
2025
Unemployment rate
1.48%
2020
5.29%
2020
Population
55292116
37939105

Spending and national debt comparison by year

Myanmar
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Myanmar Uzbekistan
Government spending Government debt Government spending Government debt
2024 20.7% 59.3% 27.6% 32.7%
2023 21.4% 59.1% 29.9% 32.2%
2022 21.3% 56.1% 31.3% 30.5%
2021 20.9% 63.4% 27.4% 31.7%
2020 21.3% 49.1% 26% 33.7%
2019 20.5% 37.6% 24.4% 25.4%
2018 18.7% 39.9% 22.2% 17.5%
2017 19.7% 41.9% 19.9% 17.3%
2016 21.3% 35.7% 23.3% 8.19%
2015 23.7% 36.6% 24.6% 6.72%
2014 24.7% 34.5% 24.9% 6.09%
2013 23.9% 44.8% 25.2% 6.23%
2012 20% 48% 23.9% 6.76%
2011 15.6% 49.9% 23.7% 6.33%
2010 15.8% 54.4% 26.4% 6.61%
2009 14.4% 56.4% 27.5% 7.3%
2008 14.4% 59.8% 26.5% 8.33%
2007 15.7% 77.4% 24.8% 9.56%
2006 15.6% 103.1% 24.7% 13.5%
2005 14.6% 119% 28.1% 21%
2004 14.6% 126.6% 29.4% 26.9%
2003 14.3% 146% 31.5% 31.4%
2002 15.3% 190.6% 34.6% 41.6%
2001 19.1% 262% 30.6% 44.8%
2000 21.4% 164.5% 32.9% 29.5%
1999 22.8% 150.7% 33.6% 18.4%
1998 25.2% 208.6% 35.1% 18%
1997 - - 31.8% 15.3%
1996 - - 35.1% -
1995 - - 29.4% -
1994 - - 27.1% -
1993 - - 39.6% -
1992 - - 18% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

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

In 2024, Myanmar's government spending was $15.3B, accounting for 20.7% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 59.3% in Myanmar and 32.7% in Uzbekistan, ranking 81/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Myanmar

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Myanmar Uzbekistan
2024 -5.06% -2.37%
2023 -5.18% -4.03%
2022 -2.82% -3.65%
2021 -2.47% -4.1%
2020 -6.5% -2.95%
2019 -4.7% -0.3%
2018 -2.77% 1.64%
2017 -3.42% 1.04%
2016 -2.53% 0.7%
2015 -4.33% -0.28%
2014 -1.06% 1.9%
2013 -1.53% 2.15%
2012 -2.7% 5.89%
2011 -4.82% 5.11%
2010 -5.4% 2.56%
2009 -3.55% 1.82%
2008 -2.73% 5.97%
2007 -3.52% 3.55%
2006 -3.42% 2.72%
2005 -3.49% -3.52%
2004 -4.62% -3.74%
2003 -4.24% -4.87%
2002 -4.01% -6.31%
2001 -6.34% -3.28%
2000 -6.03% -3.66%
1999 -4.46% -2.91%
1998 -4.89% -3.04%
1997 - -2.05%
1996 - -1.57%
1995 - -1.77%
1994 - -4.47%
1993 - -12%
1992 - 7.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/myanmar/uzbekistan | 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 Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 27 years, Myanmar recorded a fiscal deficit in 27 of those years, while Uzbekistan ran a deficit in 15 years. On average, Myanmar posted an annual deficit equal to 3.95% of GDP, compared to deficit of 0.52% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Myanmar

Uzbekistan
1x
Year Consumer prices inflation
Myanmar Uzbekistan
2024 - 9.6%
2023 - 10%
2022 - 11.4%
2021 - 10.8%
2020 - 12.9%
2019 8.83% 14.5%
2018 6.87% 17.5%
2017 4.57% 13.9%
2016 6.93% 8.8%
2015 9.45% 8.5%
2014 4.95% 9.1%
2013 5.64% 11.7%
2012 1.47% 11.9%
2011 5.02% 12.4%
2010 7.72% 12.3%
2009 1.47% 12.3%
2008 26.8% 13.1%
2007 35% 11.2%
2006 20% 13.1%
2005 9.37% 10.7%
2004 4.53% 7.3%
2003 36.6% 12.5%
2002 57.1% 27.3%
2001 21.1% 27.3%
2000 -0.11% 25%
1999 18.4% 29.1%
1998 51.5% 29%
1997 29.7% 70.9%

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

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

Over the past 23 years, Myanmar has recorded an average annual inflation rate of 16.2%, compared with 17.8% in Uzbekistan. In 2019, inflation was 8.83% in Myanmar and 9.6% in Uzbekistan.

Top exports between countries

Myanmar
Export category Export value
Uzbekistan
Export category Export value
Wood & paper products $10.1M
Chemicals & pharma $2.87M
Machinery & equipment $775K
Raw agricultural goods $425K
Raw materials & minerals $240K
Animal & marine products $217K
Textiles & consumer goods $65K

Balance of trade

Myanmar Uzbekistan
Current account balance
$67.7M
2019
-$5.71B
2024
Current account balance ranking
71/190
2019
169/190
2024
Current account balance, % of GDP
+0.09%
2019
-4.97%
2024
Goods imports
$13.7B
2019
$33.2B
2024
Goods exports
$10.8B
2019
$19.6B
2024
Service imports
$3.66B
2019
$10.5B
2024
Service exports
$6.68B
2019
$6.55B
2024
Imports of goods and services, % of GDP n/a
38%
2024
Exports of goods and services, % of GDP
24.3%
2025
22.8%
2024

Economic freedom indices

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

Myanmar Uzbekistan
Economic freedom 44.5 60.3
Economic freedom ranking 180/197 94/197
Property rights 5.7 43.1
Government integrity 18.1 32
Judicial effectiveness 3.9 13.7
Tax burden 88.6 95
Government spending 86.6 73.7
Fiscal health 62.7 79.9
Business freedom 37.9 62.5
Labor freedom 53.2 48.4
Monetary freedom 57.5 65.1
Trade freedom 69.4 80.6
Investment freedom 30 70
Financial freedom 20 60

Economic freedom comparison by year

Myanmar
Uzbekistan
1x
Year Economic freedom index
Myanmar Uzbekistan
2026 44.5 60.3
2025 43.7 58
2024 42.2 55.9
2023 46.5 56.5
2022 49.6 55.7
2021 55.2 58.3
2020 54 57.2
2019 53.6 53.3
2018 53.9 51.5
2017 52.5 52.3
2016 48.7 46
2015 46.9 47
2014 46.5 46.5
2013 39.2 46
2012 38.7 45.8
2011 37.8 45.8
2010 36.7 47.5
2009 37.7 50.5
2008 39.5 51.9
2007 41 51.5
2006 40 48.7
2005 40.5 45.8
2004 43.6 39.1
2003 44.9 38.3
2002 45.5 38.5
2001 46.1 38.2
2000 47.9 38.1
1999 46.4 33.8
1998 45.7 31.5
1997 45.4 -
1996 45.1 -

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

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

The Economic Freedom Index for Myanmar is 44.5, ranking 180/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Myanmar Uzbekistan
Services, % of GDP
41.4%
2024
45.2%
2024
Industry, % of GDP
37.8%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
20.8%
2024
18.3%
2024
GNI, Atlas method
$65.9B
2024
$110B
2024
GNI per capita, PPP
$5,890
2024
$12,000
2024
Total reserves including gold
$9.34B
2023
$41.2B
2024
Total reserves ranking
81/177
2023
50/177
2024
Net foreign direct investment
-$1.74B
2019
-$2.81B
2024
Net inflows of foreign direct investment
$1.1B
2024
$2.99B
2024
Net outflows of foreign direct investment
$0
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
1.31%
2024
9.88%
2024
Poverty at national poverty lines
24.8%
2017
8.9%
2024
Gross capital formation, % of GDP n/a
33.3%
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/uzbekistan | 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 (1992–2024, 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 (2023–2024, 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.