Economic Trivia

90% of rubies in the world come from Burma.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): China, Thailand, and Singapore
Top 3 Exported Goods (2021): Oil & Mineral Fuels, Apparel: Non Knit, and Vegetables

Top Industries Source: CIA World Factbook

Agricultural Processing; Wood and Wood Products; Copper; Tin

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $263,854,385,023 (2022)
GDP Growth Rate (annual %) 3.003% (2022)
GDP Per Capita, PPP (current international) $4,870 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 64/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 8.825% (2019)
External debt stocks, total (DOD, current US$) $13,927,227,477 (2021)
Total tax rate (% of commercial profits) 31.2% (2019)
Real Interest Rate (5 year average %) 10.582% (2020)
Manufacturing, value added (% of GDP) 24.76% (2019)
Current Account Balance (BoP, current US$) $67,720,479 (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 22,121,595 (2021)
Employment in Agriculture (% of total employment) 46.468% (2020)
Employment in Industry (% of total employment) 18.577% (2020)
Employment in Services (% of total employment) 34.955% (2020)
Unemployment Rate 2.173% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $21,020,107,260 (2022)
Exports of goods and services (current US$) $21,943,609,463 (2022)
Total Merchandise Trade (% of GDP) 61.566% (2022)
FDI, net inflows (BoP, current US$) $1,238,500,000 (2022)
Commercial Service Exports (current US$) $6,458,760,201 (2019)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Burma’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank