Inflation rates by country and year

-6%9.7%25.5%41.3%57.1%
-6%9.7%25.5%41.3%57.1%
19607.4%
198927.2%
20198.8%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2019Inflation Rate8.8%

Behind the curve

Turning points in Myanmar

  1. 1988↑ Upward pressure

    Currency cancellations deepened the economic crisis — Wikipedia (opens in a new tab)

    The late-1980s economic crisis followed abrupt demonetizations and a collapse in confidence in the kyat. The disruption to savings and market activity became part of the conditions that triggered the 1988 uprising.

    World Bank: Myanmar—An Economic and Social Assessment
  2. 2008↑ Upward pressure

    The delta disaster compounded existing price pressure — Wikipedia (opens in a new tab)

    Cyclone Nargis destroyed food stocks, infrastructure and agricultural livelihoods in the Ayeyarwady Delta. The post-disaster assessment found that the supply shock could intensify Myanmar's already high inflationary pressure.

    Post-Nargis Joint Assessment 2008, Annex 13: Macroeconomic Impact
  3. 2011↓ Downward pressure

    Lower food prices and less deficit monetization eased inflation — Wikipedia (opens in a new tab)

    Inflation fell in 2011 as food-price pressure eased and the government reduced deficit monetization. The new administration also began preparing a managed float to replace the multiple exchange-rate system.

    IMF Country Report 12/104: Myanmar—2011 Article IV Consultation

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Myanmar?

The annual inflation rate in Myanmar was 8.8% in 2019, the most recent year in the World Bank dataset. That means prices rose 8.8% on average compared with the year before. Use the chart above to explore Myanmar's full inflation history from 1960 to 2019, and to compare it with any other country.

How inflation in Myanmar has changed

Inflation in Myanmar peaked at 57.1% in 2002 and reached its lowest point at -6.0% in 1978. Averaged across the 60 years of available data (1960–2019), the rate has been 13.3% per year.

Frequently asked questions about inflation in Myanmar

What is the current inflation rate in Myanmar?

The latest available annual figure is 8.8% in 2019, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Myanmar's statistical office.

What was the highest inflation rate in Myanmar?

The highest annual inflation rate on record is 57.1%, reached in 2002.

What was the lowest inflation rate in Myanmar?

The lowest annual inflation rate on record is -6.0%, recorded in 1978.

Where does the inflation data for Myanmar come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.