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General profile: Myanmar

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
54.134 Millions
..
72 329 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 652 670 km²
30.15 %
2.53 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-13.6 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
3 776
8 661
11 429
14 753
Merchandise imports
1 908
4 760
16 885
16 441
Merchandise trade balance
1 868
3 901
-5 456
-1 688
Export structure by product group in 2023
(as % of total exports)
5 %5 %49 %49 %18 %18 %5 %5 %23 %23 %
Top 5 partners in 2023
(exports, millions of US$)
4 9442 4741 0637406234 9442 4741 063740623
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
281
369
3 749
(e) 2 038
Services imports
497
789
2 392
(e) 1 688
Services trade balance
-216
-420
1 357
(e) 350
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
42.2
40.1
9.5
(e) 8.5
Travel
23.8
19.5
56.6
(e) 8.1
Other services
25.3
24.7
26.2
(e) 24.0
TRADE INDICES
More data on UNCTADstat
92109115152155139122107100908470727867576148120122117969610010095100989590929497109109114
ECONOMIC TRENDS
More data on UNCTADstat
+2.5 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
11 931
41 445
62 543
72 329
GDP per capita, current US$
252
845
1 224
1 336
Real GDP growth, y-on-y, %
13.57
10.16
6.99
2.53
Current account balance, % of GDP
4.88
3.80
-4.97
(e) -4.36
Exchange rate (/US$)
1 029.833
959.750
1 162.615
..
GDP by expenditure in 2022
(as % of total GDP)
54.017.630.128.328.954.017.630.128.328.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
..
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
110.35
6 669.40
3 141.38
1 520.17
FDI outflows
..
..
..
..
Personal remittances, % of GDP
..
..
3.03
..
Financial flows trends
(millions of US$)
1 900.02 000.02 671.22 553.22 673.52 452.92 254.71 933.71 807.71 5201 2392 0671 9072 5092 8924 4092 9303 1419465844971 1186 6692760327241107301 855181591FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
14.82
7.25
-3.93
(e) -4.68
Balance, % of imports
87.71
64.69
-15.21
(e) -22.48
Normalized balance
0.305
0.244
-0.082
(e) -0.127
Trade openness²
(sum of imports and exports as % of GDP)
37423439495050454841383029303138505249
LIVING AREA
Population by living area in 2023
(% of population)
Urban 32%Urban 32%Rural 68%Rural 68%
OTHER INDICATORS
More data on UNCTADstat
0.008 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
656
210
303
177
Container port throughput (TEU)
..
335 346
827 249
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
..
0.02
0.04
..
Share of ICT goods, % of total imports
..
1.43
3.46
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024