COUNTRY HIGHLIGHTS

Myanmar > Country Highlights

COUNTRY HIGHLIGHTS FOR MYANMAR

Map of Myanmar

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
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

GDP in US$ (Billion)
Reduction in poverty and great traction for tourism expected to boost economy

Economy

Currency Kyat (K) MMK 1,851/US$ (April 30, 2022)

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%

Labor Force Participation Rate

Above the 66% average in ASEAN.

Labor force by Sector

Industrial   17%
Services   34%
Agriculture   49%

GDP Per Capita

US$ ‘000

The GDP per Capita in Myanmar is equivalent to 10 percent of the world’s average

LET'S START A CONVERSATION...



    We are a multi-disciplinary professional services firm engaged in assisting international companies across industries grow their business in the ASEAN region.

    HEAD OFFICE

    Robinson Road, #15-02,
    Singapore 068898
    (+65) 9176-4136
    contact@bizasean.com

    PAGES