What is the GDP of Myanmar?

Myanmar's GDP is approximately $74.1 billion USD. The GDP growth rate is -1%.

What is the population of Myanmar?

Myanmar has a population of approximately 54.5 million people. The population growth rate is 0.7%.

What is the inflation rate in Myanmar?

The inflation rate in Myanmar is 8.8%.

What is the unemployment rate in Myanmar?

The unemployment rate in Myanmar is 3%.

What is the GDP per capita of Myanmar?

Myanmar's GDP per capita is approximately $1,359 USD.

Is Myanmar a good country to invest in?

Myanmar has an investment score of 12/100, classified as "High Risk" risk. Key sectors include Agriculture, Energy, Garments. Credit rating: NR.

How much foreign investment does Myanmar attract?

Foreign direct investment (FDI) in Myanmar is 1.5% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Myanmar?

Myanmar's economy is composed of services (41% of GDP), industry (38% of GDP), and agriculture (21% of GDP).

Can I start a business in Myanmar as a foreigner?

Myanmar offers various options for foreign entrepreneurs. Visit our business setup guide for Myanmar for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Myanmar's economy growing?

Myanmar's GDP growth rate is -1%. The economy is currently contracting.

🇲🇲

Myanmar Economy Overview

Name: NationsData World Economic Dataset
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

East Asia & PacificLower MiddleCapital: NaypyidawMMR

High Risk

Shrinking

74.1B USD

GDP (Nominal)

Growing at -1%

$1,359

GDP Per Capita

Developing economy

54.5M

Population

+0.7% annual growth

High

8.8%

Inflation

Elevated

Trade Openness

1.5%of GDP

FDI Inflows

Public Debt

Low

Unemployment

Trade Balance

Currency & Exchange Rate

Currency

K Myanmar Kyat

MMK

Exchange Rate (1 USD)

K2,100.00

0.0% YoY(strengthened)

5-Year Change

+58.5%

From K1,325.00

Regime & Controls

managed float

Capital controls: strict

GDP

Billion USD, nominal

$74.1B

2024+7.3B

GDP Growth

Annual %

-1%

2024-2.0%

Inflation

Consumer prices, annual %

8.8%

2019+1.9%

Population

Millions

54.5M

2024+0.4M

Economic Structure

Services41%

Industry38%

Agriculture21%

Infrastructure25/100

Internet Speed

18 Mbps

Mobile: 12 Mbps

Logistics Index

2.3 /5.0

World Bank LPI

Electricity

45%

Reliability score

Connectivity

limited

35% internet access

Investment Score Breakdown

Economic Health (30%)15

Political Safety (25%)5

Business Climate (20%)10

Financial Strength (15%)10

Growth Potential (10%)22

Key Sectors

Agriculture

22% of GDP

declining

Energy

5% of GDP

declining

Garments

8% of GDP

declining

Should I Invest in Myanmar?

AvoidSetup: ModerateROI: Uncertain

Myanmar scores 12/100 on the NationsData Investment Index, rated "High Risk". Growth is subdued at -0.5%.

Investment Score12/100

GDP Growth-0.5%

Inflation15%

FDI/GDP0.5%

Public Debt52%

Political Stability-2.2

Strengths

Risks

-Significant political instability - governance risks may affect business continuity
-High inflation (15%) - erodes margins and purchasing power
-Corruption is a significant concern - budget for compliance and due diligence
-Slow/negative growth (-0.5%) - limited market expansion

Best For

Mass-market consumer products

Also Consider

Haiti

Similar investment score

Chad

Similar investment score, faster growth (3%)

Burkina Faso

Similar investment score, faster growth (3.5%)

Mali

Similar investment score, faster growth (4.5%)

Countries Similar to Myanmar

Based on investment profile, economic size, growth rate, and region

🇭🇹

Haiti

Similar investment profile · Similar risk level

86% match

🇿🇼

Zimbabwe

Similar investment profile · Similar income level

85% match

🇧🇫

Burkina Faso

Similar investment profile · Similar risk level

85% match

🇲🇱

Mali

Similar investment profile · Similar risk level

85% match

🇾🇪

Yemen

Similar investment profile · Similar risk level

84% match

Start a Business in Myanmar

Entity types, registration steps, costs, tax rates, labor laws, and break-even calculator

Explore more for Myanmar

Go deeper with Myanmar

Sign up free to access investment risk scores, business setup guides, and cost calculators for Myanmar and 40+ other countries.

Loading Macroeconomic Data

Fetching live data from World Bank...