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 government took power in March 2011

Languages

Burmese (official)

Religions

Buddhist 89%, Christian 4% (Baptist 3%, Roman Catholic 1%), Muslim 4%, Animist 1%, other 2%

Total population
1990 2000 2010 2014* 2019**
N/A  50.13 million 61.187 million 66.231 million 73.124 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
19.2% 24% 27% 33%
Population median age

27.9 years (2014 est.)

Population growth rate

1.03% (2014)

Life expectancy

65.94 years

Adult literacy

92.7% (2011 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

 

Freedom House rating

Political Rights: 6     
Civil Liberties: 5 (2014)
(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 1.0%   Mobile 12.8% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

1.20% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Yangon 66th (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.2 (2010)

World's Best Banks By Region

World's Best Banks

2014

Additional Awards