Worlddata.info

Indicators of economy in Burma

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Burma, on the other hand, reached USD 1.187 per capita, or 65.07 billion USD in the whole country. Burma is therefore currently ranked 80 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Burma is in the list of the world's richest countries in place 142.

Inflation in Burma was in 2019 at around 8.83%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 73.0% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Burma

Impact of the Covid-19 pandemic

Overall, the gross domestic product in Burma in 2020 increased from 68.70 billion US Dollar to 78.93 billion US Dollar. Certainly, there have been shifts in numerous sectors of the economy, but a 14.89 percent increase has been rather unusual this year. While most countries have suffered significant losses, Burma has certainly held its own. The unemployment rate rose from 0.5 to 1.1 percent.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Burma
Total
Burma
per capita
EU
Total
EU
per capita
GDP65.07 bn USD1,187.24 USD17.09 tn USD33,228.68 USD
Gross national product62.73 bn USD1,144.50 USD16.78 tn USD32,621.03 USD


Development of the Gross domestic product in billion US Dollar 1970 - 2021



Im- and Exports 2019

 Burma
Total
Burma
per capita
EU
Total
EU
per capita
Imports17.36 bn USD316.68 USD8,916.24 bn USD17,337.55 USD
Exports17.52 bn USD319.73 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in billions of USD 1976 - 2019

Exports
Imports



Burma: AirportsLargest airports and airlines in BurmaThe 24 biggest airports and 8 airlines in Burma with further information and data
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.
Venezuela: InflationInflation rates in VenezuelaDevelopment of inflation rates over the last 40 years in Venezuela incl. comparison with the U.S.