Myanmar: Recent Economic Developments

Publication Date:

December 1, 1995

Summary:

This paper reviews economic developments in Myanmar during 1990–95. The rapid economic growth of 1992/93–1994/95, which averaged more than 7 percent per year, has allowed the economy to recoup much of what it lost in 1988/89 and 1991/92. However, on a per capita basis, neither GDP nor agricultural output has yet recovered to the levels reached in the mid-1980s. The strong GDP growth achieved in 1994/95 essentially reflected continued good performance of the agricultural sector and a further rapid expansion of the financial sector.

Series:

Country Report No. 1995/126

Subject:

Notes:

This report on recent economic developments in Myanmar was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Myanmar, or the Executive Board of the IMF.

English

Publication Date:

December 1, 1995

ISBN/ISSN:

9781451826661/1934-7685

Stock No:

1MMREA0011995

Pages:

112

Please address any questions about this title to publications@imf.org