Myanmar – Current Account Balance 2008

Current account balance as a share of GDP. Summarizes net trade in goods, services, income, and transfers with the rest of the world. · World Bank
3.91% −2.93% from 2007 Global rank: 144th

Myanmar's current account balance was 3.91% in 2008, decreased +2.93% from 6.84% in 2007. This was the 144th highest globally.

Global Ranking – 2008
Current Account Balance by Country – 2008
RankCountryValueYoY
1st São Tomé and Principe -49.73% -15.3%
2nd Montenegro -49.70% -24.9%
3rd St. Vincent and the Grenadines -31.39% -46.9%
4th Maldives -26.93% -87.1%
5th Seychelles -26.84% -49.1%
6th Grenada -26.31% 10.2%
7th Dominica -24.52% -42.5%
8th St. Lucia -24.24% -31.9%
9th Vanuatu -23.97% -259.6%
10th Iceland -22.95% -68.4%
11th Djibouti -22.56% -11.6%
12th Georgia -21.97% -12.2%
13th Bulgaria -21.80% 15.3%
14th Antigua and Barbuda -21.64% 24.7%
15th Liberia -20.53% -26.3%
16th Tajikistan -20.51% 36.1%
17th Jamaica -20.37% -28.0%
18th Serbia -19.43% -15.9%
19th Tonga -18.21% -10.4%
20th St. Kitts and Nevis -17.19% -23.7%
21st Nicaragua -17.07% -5.0%
22nd Palau -17.02% 5.6%
23rd Moldova -16.11% -5.7%
24th Burundi -16.09% -96.1%
25th New Caledonia -15.65% -369.4%
26th Madagascar -15.64% -58.2%
27th Honduras -15.34% -69.9%
28th Albania -15.18% -46.7%
29th Fiji -14.94% -30.4%
30th Greece -14.61% -3.0%
31st Cyprus -14.44% -89.1%
32nd Armenia -14.22% -93.4%
33rd Lebanon -14.09% -118.0%
34th Kyrgyz Republic -13.88% -131.8%
35th Bosnia and Herzegovina -13.83% -50.5%
36th Lithuania -13.59% 11.5%
37th Latvia -13.13% 39.9%
38th Kosovo -13.08%
39th North Macedonia -12.47% -71.6%
40th Mongolia -12.28% -402.8%
41st Portugal -11.86% -22.8%
42nd Romania -11.66% 14.9%
43rd Tuvalu -11.63% 24.2%
44th Bahamas, The -11.61% 6.3%
45th Ghana -11.60% -21.1%
46th Senegal -11.22% -19.7%
47th Croatia -10.93% -36.3%
48th Viet Nam -10.92% -21.6%
49th Guyana -10.62% -75.1%
50th Cabo Verde -10.47% 12.8%
51st Solomon Islands -10.25% 11.1%
52nd Burkina Faso -10.23% -39.1%
53rd Mauritius -9.63% -83.8%
54th Sri Lanka -9.54% -120.4%
55th Dominican Republic -9.40% -90.7%
56th Mali -9.32% -55.3%
57th Tanzania -9.22% -17.6%
58th Jordan -9.07% 46.0%
59th Barbados -9.02% -21.4%
60th Niger -8.96% -46.1%
61st Malawi -8.95% -38.2%
62nd Panama -8.89% -63.7%
63rd Mozambique -8.88% -22.1%
64th Estonia -8.86% 40.2%
65th Spain -8.82% 5.9%
66th Bhutan -8.54% -226.2%
67th El Salvador -8.52% -19.1%
68th Uganda -8.48% -79.2%
69th Samoa -8.46% -6.0%
70th Costa Rica -8.38% -50.3%
71st Belize -8.33% -173.0%
72nd Belarus -8.16% -22.7%
73rd Pakistan -7.74% -71.7%
74th New Zealand -7.69% -13.2%
75th Comoros -7.53% -89.6%
76th Hungary -7.27% 0.2%
77th Eswatini -7.15% -269.7%
78th Ukraine -6.79% -92.5%
79th Poland -6.75% -0.9%
80th Cambodia -6.74% -61.1%
81st Guinea -6.29% 13.0%
82nd Slovak Republic -6.22% -16.2%
83rd French Polynesia -6.04% -247.5%
84th Uruguay -5.56% -499.8%
85th Ireland -5.56% -8.3%
86th Sudan -5.54% 8.4%
87th Kenya -5.52% -71.0%
88th Benin -5.50% 16.0%
89th Sierra Leone -5.42% -23.0%
90th Slovenia -5.31% -26.2%
91st South Africa -5.19% -6.7%
92nd Türkiye -5.08% 5.7%
93rd Australia -4.87% 35.5%
94th Togo -4.87% 15.3%
95th United States -4.72% 7.3%
96th Yemen, Republic of -4.65% 33.3%
97th Morocco -4.45% -3,068.7%
98th Peru -4.41% -408.6%
99th Chile -4.19% -182.8%
100th Guatemala -4.03% 24.1%
101st United Kingdom -3.87% -4.0%
102nd Tunisia -3.81% -61.9%
103rd Marshall Islands -3.76% 31.1%
104th Kiribati -3.57% -96.4%
105th Zambia -3.33% -169.0%
106th Guinea-Bissau -3.02% 25.8%
107th Italy -2.69% -98.2%
108th Colombia -2.68% 10.2%
109th India -2.58% -289.2%
110th Afghanistan -2.36%
111th Brazil -2.10% -965.1%
112th Haiti -1.96% -111.2%
113th Czechia -1.86% 60.4%
114th Cameroon -1.63% -236.3%
115th Mexico -1.41% -66.6%
116th Faroe Islands -1.23% 64.3%
117th France -0.96% -193.1%
118th Egypt, Arab Republic of -0.87% -375.3%
119th Malta -0.84% 58.2%
120th Belgium -0.83% -155.6%
121st Congo, Democratic Republic of -0.66% -123.2%
122nd Gambia, The -0.40% 93.5%
123rd Namibia -0.11% -101.3%
124th Aruba 0.00% -100.0%
125th Indonesia 0.02% -99.0%
126th Philippines 0.08% -98.5%
127th Korea 0.16% -81.3%
128th Canada 0.20% -72.8%
129th Thailand 0.32% -94.6%
130th Paraguay 0.36% -91.8%
131st Israel 0.43% -80.2%
132nd Syrian Arab Republic 0.90% -20.9%
133rd Kazakhstan 0.96% 121.2%
134th Bangladesh 1.01% -6.1%
135th Côte d'Ivoire 1.33% 374.8%
136th Botswana 1.39% -91.1%
137th Lao PDR 1.42% -56.9%
138th Argentina 1.50% -28.7%
139th Switzerland 1.74% -80.2%
140th Finland 2.47% -39.5%
141st Japan 2.78% -39.8%
142nd Ecuador 2.89% -23.5%
143rd Denmark 2.93% 94.0%
144th Myanmar 3.91% -42.8%
145th Netherlands 4.07% -30.6%
146th Austria 4.50% 17.9%
147th West Bank and Gaza 5.21% 172.3%
148th Germany 5.58% -16.8%
149th Nepal 5.85% 10,565.0%
150th Luxembourg 6.22% -5.0%
151st Russian Federation 6.26% 12.7%
152nd Papua New Guinea 6.81% 259.6%
153rd Oman 7.23% 41.8%
154th Angola 7.28% -49.7%
155th Congo, Republic of 7.46% 131.1%
156th Sweden 7.93% -2.7%
157th Nigeria 8.59% -13.6%
158th Bahrain 8.78% -34.4%
159th China 9.01% -8.0%
160th Suriname 9.22% -16.6%
161st Uzbekistan 10.78% 32.9%
162nd Bolivia, Plurinational State of 11.95% -1.5%
163rd Bermuda 12.99% -27.7%
164th Hong Kong SAR, China 14.99% 15.1%
165th Singapore 15.08% -44.4%
166th Macao SAR, China 15.56% -28.2%
167th Norway 15.68% 27.0%
168th Lesotho 15.71% -13.4%
169th Malaysia 16.86% 9.6%
170th Algeria 18.82% -11.6%
171st Iraq 21.61% 23.7%
172nd Gabon 24.59% 11.5%
173rd Saudi Arabia 27.83% 13.4%
174th Trinidad and Tobago 30.49% 27.7%
175th Azerbaijan 33.68% 23.4%
176th Kuwait 40.87% 13.4%
177th Libya 41.17% -1.7%
178th Brunei Darussalam 43.57% 21.2%
179th Nauru 49.54%
180th Timor-Leste 311.75% 43.7%
HistorySaid – pattern alert

Myanmar matched the Orthodox Tightening Cycle pattern in 2008. Historically: 271 occurrences, 157 successful (58%). Outcome 24 months later: 7.7%. View full analysis →