Myanmar GDP growth expected to contract 18% 3 published : 27 Jul 2021 at 07:22 3 Women carry burning torches as they march during a demonstration against the military coup in Yangon on July 14, 2021. (AFP photo) Myanmar's economy is expected to shrink by 18% in 2021, the World Bank said on Monday, as a result of massive unrest following a military coup and a resurgent coronavirus outbreak. The country has been in turmoil since the military took power in February and launched a bloody crackdown on dissent that has killed more than 900 people according to a local monitoring group. A mass civil disobedience movement has also paralysed the economy, with many banks shuttered and authorities unable to issue bills or collect taxes.