Myanmar Economic information
Myanmar is a country located in Southeast Asia and its economy is based on agriculture, industry and service sectors. Here is Myanmar's economic information:
1. Gross domestic product (GDP): According to 2020 estimates, Myanmar's GDP is estimated at $81.91 billion.
2. Economic growth: Myanmar's economy has been growing rapidly in recent years. A growth rate of
6.8% was recorded in 2019.
3. Workforce: Myanmar's workforce consists of approximately 30 million people. The majority of the workforce is employed in the agricultural sector.
4. Agriculture: The agricultural sector is an important sector for Myanmar's economy. Products such as rice, corn, wheat, sugar cane, coffee, tea, rubber, cotton and fruit are grown.
5. Industry: The industrial sector is developing rapidly in Myanmar. It operates especially in sectors such as textile, food processing, tobacco, iron and steel, automotive and light industry.
6. Natural resources: Myanmar is a country rich in natural resources. Resources such as oil, gas, minerals (gold, copper, lead, zinc, mercury, tungsten), jade and teak trees contribute to the economy.
7. Foreign trade: Myanmar has an export-based economy. Main export products include clothing, agricultural products, natural resources and handicrafts. The main import products are machinery, electronics, chemical products and fuels.
8. Tourism: The tourism sector is an important source of income for Myanmar's economy. The country's historical and cultural riches, natural beauties and temples attract the attention of tourists.
9. Foreign investments: Myanmar has made reforms to encourage foreign investments in recent years. Efforts are being made to attract foreign investments, especially in sectors such as energy, telecommunications, tourism and infrastructure.
10. Challenges: Myanmar's economy still faces many challenges. These include inadequate infrastructure, low education levels, corruption, ethnic conflicts and political uncertainty.
What are the types of companies in Myanmar?
What are the documents required to establish a company in Myanmar?
Myanmar Economic information
How to get Myanmar Residence Permit?
How to get a Myanmar work permit?
Information about Myanmar Minimum wage and taxes.
What are the most used websites in Myanmar?
Detailed information about Myanmar Education.
Myanmar Salaries by Occupation
What is Myanmar Breakfast culture like?
What are the famous dishes of Myanmar?
What are Myanmar Drinks?
Best football players in Myanmar
Myanmar Football teams
Myanmar Artists
Myanmar's largest companies
Myanmar Brands
Most preferred car brand in Myanmar
Information about Myanmar Healthcare system and insurance system.
Information about Myanmar Dances.
Information about Myanmar Festivals.
Information about Myanmar Marriage.
Information about Myanmar Women.
Information about Myanmar Men.
Detailed information about Myanmar Religious beliefs.
Who are Myanmar Statesmen?
What is Myanmar's form of government?
Myanmar Political parties
How has Myanmar Fashion developed?
Myanmar Possible trading activities
Best universities in Myanmar
Best schools in Myanmar
What is Myanmar Legal system like?
The biggest events in Myanmar History
Myanmar Most popular sports
Information about Myanmar Military force and army structure.
Myanmar export products
Myanmar Imported Products
High-tech products produced in Myanmar
Wars in which Myanmar participated
Myanmar's friend and foe countries
Read: 33