Gross Capital Formation (As % of GDP) rose to 22.2% in Myanmar in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Myanmar | January 1, 2020
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Excel Sheet

Gross capital formation as a share of GDP reached 22.2 % in 2019 in Myanmar, according to the National Statistical Office. This is 1.54 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Myanmar reached an all time high of 23.0 % in 1981 and an all time low of 0.156 % in 2008. When compared to Myanmar's main peers, gross capital formation as a share of GDP in China amounted to 43.7 %, 31.6 % in India and 24.1 % in Thailand in 2019.

Myanmar has been ranked 93rd within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 40 places above the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bangladesh % 0.305% 33.7% 33.2% 33.1% 33.3%
Cambodia % 0.229% 22.0% 22.0% 21.8% 21.7%
China % 0.436% 44.2% 43.7% 43.2% 42.6%
India % 0.309% 31.5% 31.6% 31.8% 32.0%
Japan % 0.240% 24.5% 24.6% 24.7% 24.7%
Laos % 0.290% ... ... ... ... ... ...
Malaysia % 0.256% 24.3% 24.7% 25.0% 24.9%
Myanmar % 22.2% 21.9% 22.2% 22.0% 22.1%
Pakistan % 0.161% 16.4% 16.0% 15.1% 14.9%
Russia % 0.242% 21.2% 22.6% 23.0% 23.1%
Sri Lanka % 0.367% 36.8% 37.3% 37.4% 37.3%
Thailand % 0.228% 23.4% 24.1% 25.1% 25.9%
USA % 0.206% 21.1% 21.8% 22.2% 22.2%
Vietnam % 0.266% 27.5% 28.4% 29.4% 30.6%