Myanmar Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Myanmar's credit to gdp was 28.98% in 2020, ranked 57th globally. This represents a 8.8% increase from 2019. Data from World Bank, covering 1960–2020.
Overview
Myanmar's credit to gdp stood at 28.98% in 2020, a rise of +2.34% from 2019. Myanmar ranked 57th globally.
Myanmar’s credit to GDP ratio has risen steadily from 6.19 in 1960 to an all‑time peak of 28.98 in 2020, placing the country 57th globally. The lowest point occurred in 1967 at 1.89, after which the indicator expanded roughly threefold over the next five decades, reflecting gradual deepening of financial intermediation and broader access to bank credit. By 2020 Myanmar’s ratio of 28.98 is only marginally below peers such as Senegal (29.31) and Nicaragua (29.79), and closely matches Moldova and Burkina Faso at 28.67, suggesting a convergence with other emerging economies that have similarly expanded credit markets. The 61‑year coverage shows that the upward trajectory accelerated after the early 2000s, coinciding with reforms aimed at liberalising the banking sector. Continued improvements in regulatory frameworks, digital finance adoption and macro‑economic stability could sustain the modest rise in credit to GDP, while political uncertainty or external shocks would likely dampen the trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2020 | 28.98% | +2.34% | #57 |
| 2019 | 26.64% | +0.43% | #58 |
| 2018 | 26.21% | +1.71% | #57 |
| 2017 | 24.50% | +2.49% | #52 |
| 2016 | 22.01% | +3.88% | #44 |
| 2015 | 18.13% | +2.56% | #32 |
| 2014 | 15.58% | +2.74% | #30 |
| 2013 | 12.84% | +3.53% | #24 |
| 2012 | 9.31% | +2.56% | #11 |
| 2011 | 6.75% | +1.98% | #9 |
| 2010 | 4.77% | +1.29% | #5 |
| 2009 | 3.47% | +0.35% | #3 |
| 2008 | 3.12% | −0.30% | #3 |
| 2007 | 3.42% | −0.45% | #9 |
| 2006 | 3.88% | −0.78% | #10 |
Detected Pattern
Analysis
Myanmar matched the Export Boom Cycle pattern in 2009. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Myanmar's credit to gdp was 28.98% in 2020. Ranked 57th globally. This represents a 8.8% increase from the previous year.
Myanmar's credit to gdp peaked at 28.98% in 2020.
The lowest credit to gdp in Myanmar was 1.89% in 1967.
Myanmar ranks 57th globally in credit to gdp as of 2020.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
The credit to gdp of Myanmar in 2020 was 28.98%. This ranks 57th in the world.
Cite this page
@misc{historysaid_myanmar_credit-to-gdp,
title = {Myanmar Credit to GDP},
url = {https://historysaid.com/myanmar/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}