Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery, the OECD said in its latest Interim Economic Assessment.

After two decades of low growth and persistent deflation, Japan is showing signs of renewed economic dynamism. But to regain its primacy as a leading economic powerhouse and raise the well-being of its citizens, Japan needs a structural reform package to narrow the productivity gap with leading OECD countries, notably by increasing the labour participation of women and older citizens.

The overarching theme of the 2014 Global Forum, held in Tokyo on 2 and 3 October, was data-driven innovation for a resilient society. The event focused on the collection and use of data throughout the economy and society for enhanced growth and well-being.

The Japanese economy is on a path to stronger growth, but fundamental structural reforms are urgently needed to promote a more robust recovery, address high levels of government debt and reverse a trend toward declining living standards, according to the latest OECD Economic Survey of Japan.

The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook.

OECD Secretary-General Angel Gurría and Japan’s Minister of Finance Taro Aso presided today over a signing ceremony to establish a new centre of the OECD International Academy for Tax Crime Investigation in Wako, Japan.

IP Addresses in Myanmar increased to 4755 IP in the first quarter of 2017 from 4326 IP in the fourth quarter of 2016. IP Addresses in Myanmar averaged 1739.41 IP from 2007 until 2017, reaching an all time high of 5293 IP in the second quarter of 2015 and a record low of 77 IP in the third quarter of 2007. This page includes a chart with historical data for MyanmarIP Addresses.

Temperature in Myanmar decreased to 19.32 celsius in December from 22.17 celsius in November of 2015. Temperature in Myanmar averaged 22.93 celsius from 1901 until 2015, reaching an all time high of 27.37 celsius in May of 2010 and a record low of 16.40 celsius in January of 1974. This page includes a chart with historical data for Myanmar Average Temperature.

Precipitation in Myanmar decreased to 18.73 mm in December from 45.24 mm in November of 2015. Precipitation in Myanmar averaged 160.36 mm from 1901 until 2015, reaching an all time high of 749.12 mm in August of 1939 and a record low of 0.40 mm in January of 1940. This page includes a chart with historical data for Myanmar Average Precipitation.

Myanmar recorded a Current Account deficit of 2 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Myanmar averaged -2.10 percent from 1998 until 2018, reaching an all time high of 6.80 percent in 2006 and a record low of -14.80 percent in 1998. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Myanmar Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a government debt equivalent to 49.41 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Myanmar averaged 87.05 percent from 1998 until 2018, reaching an all time high of 216.04 percent in 2001 and a record low of 37.14 percent in 2013. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Myanmar Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Myanmar decreased to 3155 USD Million in 2018 from 3464 USD Million in 2017. Military Expenditure in Myanmar averaged 779.40 USD Million from 1951 until 2018, reaching an all time high of 3818 USD Million in 2015 and a record low of 159 USD Million in 1951.

Myanmar scored 3.32 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Myanmar averaged 3.26 Points from 2014 until 2016, reaching an all time high of 3.32 Points in 2016 and a record low of 3.22 Points in 2014. Competitiveness Index in Myanmar is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies. The report is made up of over 110 variables, of which two thirds come from the Executive Opinion Survey representing the sample of business leaders, and one third comes from publicly available sources such as the United Nations. The variables are organized into twelve pillars with the most important including: institutions, infrastructure, macroeconomic framework, health and primary education and higher education and training. The GCI score varies between 1 and 7 scale, higher average score means higher degree of competitiveness. This page provides the latest reported value for - Myanmar Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Myanmar is the 131 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Myanmar averaged 134.67 from 2014 until 2016, reaching an all time high of 139 in 2014 and a record low of 131 in 2016. Competitiveness Rank in Myanmar is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Myanmar expanded 6.80 percent in 2018 from the previous year. GDP Annual Growth Rate in Myanmar averaged 8.65 percent from 1994 until 2018, reaching an all time high of 13.84 percent in 2003 and a record low of 3.60 percent in 2008. Myanmar, formerly known as Burma, is the poorest country in Southeast Asia. Myanmar was under a military regime for decades, yet since 2011, a transition to democracy has been taking place. The new, civilian led, reformist government has taken charge and the country has began to open up to foreign direct investment. Myanmar’s economy is pretty diversified. The most important sector of the economy is services, which has been growing steadily in the last few years, and now account for over 38 percent of GDP. The share of agriculture has been declining, and now represents 36 percent of GDP. Finally, industry contributes the remaining 26 percent of GDP. This page provides - Myanmar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Myanmar was last recorded at 5922 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Myanmar, when adjusted by Purchasing Power Parity is equivalent to 33 percent of the world's average. GDP per capita PPP in Myanmar averaged 2543.91 USD from 1990 until 2018, reaching an all time high of 5922 USD in 2018 and a record low of 715.90 USD in 1991. This page provides - Myanmar GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Myanmar averaged -3.28 percent of GDP from 1994 until 2018, reaching an all time high of 1.70 percent of GDP in 2012 and a record low of -7.10 percent of GDP in 2000. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Myanmar Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a Current Account deficit of 3592 USD Million in 2018. Current Account in Myanmar averaged -527.16 USD Million from 1994 until 2018, reaching an all time high of 1963 USD Million in 2010 and a record low of -3592 USD Million in 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Myanmar Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Myanmar averaged 155.12 from 2003 until 2019, reaching an all time high of 180 in 2011 and a record low of 129 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Myanmar increased to 1.60 percent in 2019 from 1 percent in 2018. Unemployment Rate in Myanmar averaged 3.50 percent from 1990 until 2019, reaching an all time high of 4.17 percent in 1990 and a record low of 0.80 percent in 2015. In Myanmar, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Myanmar Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a trade deficit of 66.30 USD Million in September of 2019. Balance of Trade in Myanmar averaged -206.88 USD Million from 2010 until 2019, reaching an all time high of 593.30 USD Million in August of 2011 and a record low of -948.50 USD Million in July of 2015. Myanmar had been trading mostly with neighboring countries due to political circumstances and poor infrastructure, but the change to democracy is likely to allow access to new markets. Oil and natural gas dominate Myanmar's exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar's main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong. This page provides - Myanmar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Myanmar decreased to 1413 USD Million in September from 1435.50 USD Million in August of 2019. Exports in Myanmar averaged 1025.42 USD Million from 2010 until 2019, reaching an all time high of 1760.70 USD Million in September of 2017 and a record low of 502.60 USD Million in April of 2011. Oil and natural gas dominate Myanmar's exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar's main exports partners are China, India, Japan, South Korea, Germany, Indonesia and Hong Kong. This page provides - Myanmar Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Myanmar increased to 1479.30 USD Million in September from 1414.90 USD Million in August of 2019. Imports in Myanmar averaged 1219.08 USD Million from 2010 until 2019, reaching an all time high of 1972.90 USD Million in July of 2015 and a record low of 334.20 USD Million in October of 2010. Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar's main imports partners are China, Japan, India, Indonesia, Germany, France and Hong Kong. This page provides - Myanmar Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Myanmar was worth 77 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Myanmar represents 0.06 percent of the world economy. GDP in Myanmar averaged 36.67 USD Billion from 1998 until 2019, reaching an all time high of 77 USD Billion in 2019 and a record low of 6.46 USD Billion in 1998. This page provides - Myanmar GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Myanmar was estimated at 54.1 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Myanmar had a population of 21.0 million people. The population of Myanmar represents 0.70 percent of the world´s total population which arguably means that one person in every 144 people on the planet is a resident of Myanmar. This page provides - Myanmar Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Myanmar was last recorded at 10 percent. Interest Rate in Myanmar averaged 10.04 percent from 2011 until 2020, reaching an all time high of 12 percent in December of 2011 and a record low of 10 percent in January of 2012. In Myanmar, the benchmark interest rate is set by the Central Bank of Myanmar. The benchmark interest is the Central Bank Rate. This page provides the latest reported value for - Myanmar Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cpi Housing Utilities in Myanmar increased to 200.49 points in February from 200.12 points in January of 2020. Cpi Housing Utilities in Myanmar averaged 135.41 points from 2013 until 2020, reaching an all time high of 200.49 points in February of 2020 and a record low of 103.93 points in January of 2013. This page provides - Myanmar Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Myanmar decreased to 114.62 points in February of 2020 from 117.14 points in January of 2020. Cpi Transportation in Myanmar averaged 100.82 points from 2013 until 2020, reaching an all time high of 118.78 points in October of 2018 and a record low of 87.69 points in March of 2016. This page provides - Myanmar Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Myanmar thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Myanmar as reported by major credit rating agencies.

Myanmar recorded 177 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Myanmar reported 6 Coronavirus Deaths. This page includes a chart with historical data for Myanmar Coronavirus Cases.

Myanmar recorded 6 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Myanmar reported 177 Coronavirus Cases. This page includes a chart with historical data for Myanmar Coronavirus Deaths.

Myanmar recorded 67 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Myanmar reported 6 Coronavirus Deaths. This page includes a chart with historical data for Myanmar Coronavirus Recovered.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

Austria has achieved high levels of economic growth and well-being, but must address serious demographic, environmental and globalisation challenges if future generations are to share the same prosperity, according to the OECD’s latest Economic Survey of Austria.

Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.

“Why do financial institutions and investors see so little risk, while companies investing in the real economy see so much risk?” This is perhaps the most important question facing policy makers today. This paper sets out some of the possible hypotheses for lack of investment in the world economy. It uses data drawn from 10 000 global companies in 75 advanced and emerging countries.

Climate change is a major political and economic challenge. This paper sketches out its relevance for the financial sector. Necessary low-carbon investments imply a significant yet manageable financing gap. Beyond capital mobilisation that has attracted most attention until now, the main challenge is ensuring a transition-consistent capital reallocation.

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.

This paper discusses the results of the 2011-2012 OECD LEED study of measuring green growth in the Benelux countries (Belgium, The Netherlands and Luxembourg). The study paid particular attention to the challenges of measuring the transition to a low-carbon economy in cross-border areas as they have additional levels of complexity when it comes to measuring and monitoring their low-carbon transition.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

International migration fell in 2009, reflecting lower demand for workers in OECD countries for the second consecutive year after a decade of growth, according to a new OECD report.

Germany recovered rapidly from the 2008-09 recession, with GDP topping pre-crisis rates during 2011 and unemployment falling significantly. Public finances are sound, but further reforms are needed to transform its growth model to thrive as a knowledge-based economy.

Swift action is needed to stabilise the Hungarian economy and put growth on a sound footing for a durable recovery, according to the latest Economic Survey of Hungary. Strengthening the credibility and predictability of domestic policies and undertaking much-needed fiscal consolidation will be key.

Euro area finance ministers meeting this week need to boost the firepower of the European stability funds to at least one trillion euros in order to restore market confidence, OECD Secretary-General Angel Gurría said today.

Poland has been a strong performer across the OECD through the global economic crisis, growing much faster than most other countries and making impressive steps toward reducing the income gap with its European Union partners, according to the OECD’s latest economic survey.

The Great East Japan Earthquake took a heavy toll of human lives and inflicted a massive economic damage, estimated at 3½ per cent of GDP. This event requires considerable time and a nation-wide effort of reconstruction. This is the first component of Prime Minister Noda’s “Strategies to Revitalise Japan”, which we very much welcome and support, said OECD Secretary-General.

The global economy is recovering, but confidence is extremely uneven across different regions, according to the OECD’s latest Economic Outlook. European governments must take greater action to ensure that the crisis in the euro area does not derail the recovery.

The Jobs Potential of a Shift towards a low-carbon Economy” provides an in-depth analysis of how green growth will reshape labour markets. It also describes the role that labour market and skill policies can play in maximising the benefits of economic greening for workers

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.