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
It is bounded by Laos and Thailand to the southeast. The mountain chains divide Myanmar’s three river systems, which are the Irrawaddy, Salween (Thanlwin), and the Sittaung rivers.
Capital
Nay Pyi Taw
Major Economic Sectors
Industry 36%, Services 42% and Agriculture 22%
Oil and natural gas is dominate Myanmar’s export
Official Language
Malay
Literacy Rate
89% (2018) for adults 15 years old and above.
GDP Growth (%)
Brunei GDP is growing at >3% since 2015
Population
54 million (2022)
Young population. Extreme delays in marriage contribute to low population growth.
Urban Population 31%
Above the 66% average in ASEAN.
Labor force by Sector
Industrial 17%
Services 34%
Agriculture 49%
GDP Per Capita
The GDP per Capita in Myanmar is equivalent to 10 percent of the world’s average
Sumit Dutta is the Founder and Chief Executive Officer of ASEAN Business Partners. Prior to this, Sumit spent 26 years working for HSBC, one of the biggest banks in the world, in countries including Indonesia, Vietnam, USA, Hongkong and India.
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