Source
Central bank

Central Bank of Myanmar

International Reserves

USD 7.4 billion (2012)

World Bank, data retrieved January 2017

Source
Gross Domestic Product - GDP

USD 75.7 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 342.2 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
13.1% 12% 3.6% 5.1% 5.4% 5.6% 7.3%
2013 2014 2015 2016* 2017*    
8.4% 8.7% 7% 8.1% 7.7%    

*Estimate

GDP per capita - current prices

USD 1,438.8 (2017, estimate)

GDP per capita - PPP

Intl$ 6,500.2 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A N/A 0.11% 0.20% 0.3%

*Estimate

 
 
Source
GDP - composition by sector
  • Agriculture: 26.3%
  • Industry: 27.5%
  • Services: 46.2%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2013 2014 2015 2016 2017*
5.7% 5.9% 11.4% 9.8% 9.1%

*Estimate

Unemployment rate
2013* 2014* 2015* 2016* 2017*
4.0% 4.0% 4.0% 4.0% 4.0%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016 2017*
34.2% 29.7% 34.3% 34.2% 34.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016 2017*
-2.1% -0.6% -4.8% -4.6% -4.6%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -6.1 billion (2017 estimate)

Current account balance by percentage of GDP

-8.1% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

20.8% (2015)

Shares in world total merchandising export

0.04% (2015)

 

Shares in world total commercial services export

0.08% (2014)

Total exports

USD 10.5 billion (2016 estimate)

Export commodities

Natural gas; wood products; pulses and beans; fish; rice; clothing; minerals, including jade and gems

Total imports

USD 14.0 billion (2016 estimate)

 
 
Source
Import commodities

Fabric; petroleum products; fertilizer; plastics; machinery; transport equipment; cement, construction materials; food products_ edible oil

Exports - major partners

China 37.7%, Thailand 25.6%, India 7.7%, Japan 6.2% (2015)

Imports - major partners

China 42.2%, Thailand 18.5%, Singapore 11%, Japan 4.8% (2015)

FDI inflows
2013 2014 2015
USD 584 million USD 946 million USD 2,824 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 170 out of 190 countries (2017)

Subcategories:

Starting a business: 146 out of 190 countries

Enforcing Contracts: 188 out of 190 countries

Registering Property: 143 out of 190 countries

Getting Credit: 175 out of 190 countries

Protecting Minority Investors: 179 out of 190 countries

Trading Across Borders: 159 out of 190 countries

Paying Taxes: 119 out of 190 countries

Dealing with Construction Permits: 66 out of 190 countries

Getting Electricity: 149 out of 190 countries

Resolving Insolvency: 164 out of 190 countries

Global competitiveness ranking

N/A

Index of Economic Freedom

Ranking: 158 / Score: 48.65 (Repressed) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+6.5

Total area

676,578 sq km

Capital

Rangoon (Yangon)

Currency

Kyats (MMK)

Government type

Parliamentary republic

Languages

Burmese (official)

Note: minority ethnic groups have their own languages

Religions

Buddhist 87.9%, Christian 6.2%, Muslim 4.3%, Animist 0.8%, Hindu 0.5%, other 0.2%, none 0.1% (2014 est.)

Total population
1990 2000 2010 2016* 2021*
N/A 46.379 million 49.708 million 52.254 million 54.05 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
19% 24% 27% 34%
Population median age

28.6 years (2016 estimate)

Population growth rate

1% (2016 estimate)

Life expectancy

66.60 (2016 estimate)

Literacy

Total population: 93.1%
Male: 95.2%
Female: 91.2% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 5
Civil Liberties: 5 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 0.95%   Mobile 75.68% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

21.8% (2015)

Mercer Cost of living index

Yangon: 39th (2016)

CO2 emissions

0.2 (2013)

World's Best Banks By Region

World's Best Banks

2014

Additional Awards