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 (2016): China, Thailand, and Singapore
Top 3 Exported Goods (2016): 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) $327,629,414,483 (2017)
GDP Growth Rate (annual %) 6.369% (2017)
GDP Per Capita, PPP (current international) $6,139 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 52/195 (2017)

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 %) 6.965% (2016)
External debt stocks, total (DOD, current US$) $6,453,002,000 (2016)
Total tax rate (% of commercial profits) 31.2% (2017)
Real Interest Rate (5 year average %) 2.494% (2017)
Manufacturing, value added (% of GDP) 23.656% (2017)
Current Account Balance (BoP, current US$) ($3,945,301,311) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 25,413,014 (2017)
Employment in Agriculture (% of total employment) 49.927% (2017)
Employment in Industry (% of total employment) 16.581% (2017)
Employment in Services (% of total employment) 33.491% (2017)
Unemployment Rate 0.794% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $13,892,176,058 (2016)
Exports of goods and services (current US$) $10,806,706,853 (2016)
Total Merchandise Trade (% of GDP) 42.988% (2017)
FDI, net inflows (BoP, current US$) $4,684,890,471 (2017)
Commercial Service Exports (current US$) $4,065,573,340 (2017)
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