Publication: Myanmar Economic Monitor, June 2025: Economic Aftershocks
dc.contributor.author | World Bank | |
dc.date.accessioned | 2025-06-12T18:50:49Z | |
dc.date.available | 2025-06-12T18:50:49Z | |
dc.date.issued | 2025-06-12 | |
dc.description.abstract | The impacts of the March earthquake are continuing to disrupt lives and livelihoods, exacerbating the already very difficult economic conditions. The World Bank estimates that economic output losses attributable to the earthquake will be equivalent to around 4 percent of gross domestic product (GDP) (US 2.6 billion dollars) in the year ended March 2026. The economic aftershocks of the earthquake have struck on the back of ongoing challenges from conflict. Meanwhile, three quarters of firms surveyed by the World Bank in April reported experiencing power outages in April 2025, up from 42 percent during the same period last year. Import compression and a pick-up in agricultural exports resulted in a trade surplus of 2 percent of GDP in the six months to March 2025. Reflecting tight foreign exchange and trade controls, the kyat has stabilized against the US dollar on parallel markets since October 2024. Looking ahead to FY2026-27, growth is expected to pick up to 3 percent, with production recovering from the current weak base. The medium to long-term prospects for living standards are at risk of further decline. Learning losses experienced by current students could result in reduced human capital and a 7 to 15 percent reduction in future lifetime incomes. Recent employment trends show a decline in formal sector opportunities, with more educated workers moving into agriculture and out of higher productivity sectors. Such trends threaten Myanmar’s long-term development and poverty reduction prospects. Even with some economic recovery next year, households affected by conflict and earthquake impacts are likely to face significant longer-term challenges. | en |
dc.identifier | http://documents.worldbank.org/curated/en/099061125205014652 | |
dc.identifier.doi | https://doi.org/10.1596/43329 | |
dc.identifier.uri | https://hdl.handle.net/10986/43329 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC: World Bank | |
dc.rights | CC BY-NC 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | https://creativecommons.org/licenses/by-nc/3.0/igo | |
dc.subject | EARTHQUAKE | |
dc.subject | FOREIGN DIRECT INVESTMENTS | |
dc.subject | INFLATION | |
dc.subject | POVERTY | |
dc.subject | FISCAL DEFICIT | |
dc.title | Myanmar Economic Monitor, June 2025 | en |
dc.title.subtitle | Economic Aftershocks | en |
dc.type | Report | |
dspace.entity.type | Publication | |
okr.date.disclosure | 2025-06-12 | |
okr.date.doiregistration | 2025-06-14T02:09:54.809856Z | |
okr.date.lastmodified | 2025-06-12T17:05:27Z | en |
okr.doctype | Economic & Sector Work | |
okr.doctype | Economic & Sector Work::Economic Updates and Modeling | |
okr.docurl | http://documents.worldbank.org/curated/en/099061125205014652 | |
okr.guid | 099061125205014652 | |
okr.identifier.docmid | P507203-cbcf81b5-0107-4517-8ad7-82b588a6328f | |
okr.identifier.externaldocumentum | 40020994 | |
okr.identifier.internaldocumentum | 40020994 | |
okr.identifier.report | 202221 | |
okr.import.id | 7666 | |
okr.imported | true | en |
okr.language.supported | en | |
okr.pdfurl | https://documents.worldbank.org/curated/en/099061125205014652/pdf/P507203-cbcf81b5-0107-4517-8ad7-82b588a6328f.pdf | en |
okr.region.administrative | East Asia and Pacific | |
okr.region.country | Myanmar | |
okr.sector | Central Government (Central Agencies),Sub-National Government | |
okr.sector | Public Administration | |
okr.theme | Macroeconomic Modeling,Economic Growth,Public Finance Management,GovTech,Core Government Systems,Structural Transformation and Reform,Economic Policy,Poverty and Equity,Poverty and Equity,Macro-financial policies,Data Standards and Methods,Exchange Rate Regimes,Budget and Treasury Management,Governance and Public Sector Management,Data Ecosystem,Macroeconomic Model Development,Macroeconomic Simulation and Policy Analysis,Data Methods | |
okr.topic | Macroeconomics and Economic Growth::Economic Insecurity | |
okr.topic | Poverty Reduction::Poverty Diagnostics | |
okr.topic | Conflict and Development::Disaster Management | |
okr.unit | Prosperity-EAP Regional Director (EEADR) |
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