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Myanmar

COUNTRY HIGHLIGHTS FOR MYANMAR

Map of Myanmar

Map

Geography

The ruling military changed the name from Burma to Myanmar in 1989.
The two words mean the same thing, but Myanmar is the more formal version.

Total Land Area:
676,575 sq km / 261,227 sq mi

Main Geographical Features:
Bounded by Laos and Thailand to the southeast.
The mountain chains divide Myanmar’s three main river systems — the Irrawaddy, Salween (Thanlwin), and Sittaung rivers.

Capital: Nay Pyi Taw

GDP (in US$ Billion):
Reduction in poverty and strong traction in tourism are expected to boost the economy. mayangdp in $.png

Economy

Currency: Kyat (K)
Exchange Rate: MMK 1,851 / US$ (as of April 30, 2022)

Major Economic Sectors:

  • Industry: 36%
  • Services: 42%
  • Agriculture: 22%

Key Exports: Oil and natural gas dominate Myanmar’s exports.

Official Language: Malay

Literacy Rate:
89% (2018) for adults aged 15 years and above

GDP Growth (%):
Brunei GDP is growing at >3% since 2015 mayanGDP gtrh %.png

Population

Total Population: 54 million (2022)
Young population — extreme delays in marriage contribute to low population growth.
Mayan popu.png Urban Population: 31%

Labor Force

Labor Force Participation Rate:
Above the 66% ASEAN average
mayan labor force.png Labor Force by Sector:

  • Industry: 17%
  • Services: 34%
  • Agriculture: 49%

GDP Per Capita

US$ '000 (Data not specified)
The GDP per capita in Myanmar is equivalent to 10% of the world’s average. mayan gdp pe rcapita.png