What is the GDP of Myanmar in 2022?

What is the GDP of Myanmar in 2022?

US$69.26 billion

The economy of Myanmar has a nominal GDP of US$69.26 billion in 2022 and an estimated purchasing power adjusted GDP of $257.34 billion in 2022 according to the International Monetary Fund.

What is the average GDP of Myanmar?

GDP per capita in Myanmar averaged 446.58 USD from 1960 until 2021, reaching an all time high of 1586.90 USD in 2020 and a record low of 131.44 USD in 1960. This page provides – Myanmar GDP per capita – actual values, historical data, forecast, chart, statistics, economic calendar and news.

What is the GDP per capita of Myanmar 2021?

1,187 US dollars
In 2021, GDP per capita for Myanmar was 1,187 US dollars. GDP per capita of Myanmar increased from 22 US dollars in 1972 to 1,187 US dollars in 2021 growing at an average annual rate of 9.60%.

What is India’s GDP per capita 2022?

$8,358 (PPP; 2022 est.)

Is Myanmar poor or rich?

Myanmar, a small Southeast Asian country formerly known as Burma, is one of the three poorest countries in Asia.

What is Myanmar biggest export?

Exports The top exports of Myanmar are Petroleum Gas ($2.99B), Rice ($1.15B), Non-Knit Women’s Coats ($984M), Refined Copper ($974M), and Dried Legumes ($894M), exporting mostly to China ($5.37B), Thailand ($2.75B), Japan ($1.45B), Germany ($1.31B), and United States ($1.14B).

Is India a rich country?

The report was published after examining the national balance sheets of ten countries having over 60% of the global income. As per the World Bank, the country with the highest GDP per capita income is Luxembourg.

List Of Richest Countries In The World 2022.

Country Economy
India: $3.18 trillion
France: $ 3.06 trillion
Italy: $2.058 trillion
Canada: $1.99 trillion

Which country has highest GDP?

United States
GDP by Country

# Country GDP (abbrev.)
1 United States $19.485 trillion
2 China $12.238 trillion
3 Japan $4.872 trillion
4 Germany $3.693 trillion

Is Myanmar safe?

Avoid all travel to Myanmar due to the risk of politically motivated violence and civil unrest. If you are in Myanmar, you are at risk of arbitrary enforcement of local laws, which could lead to arrest and detention. You should leave now if you can do so safely.

What Myanmar famous for?

Myanmar, the official name of the Southeast Asian nation commonly known as Burma is a must-visit destination for travelers who like beaches and Buddha. This beautiful country is dotted with thousands of Buddhist temples. Besides, it has serene white beaches along the Andaman Sea and the Bay of Bengal.

Is Myanmar rich in oil?

Myanmar holds 50,000,000 barrels of proven oil reserves as of 2016, ranking 76th in the world and accounting for about 0.0% of the world’s total oil reserves of 1,650,585,140,000 barrels. Myanmar has proven reserves equivalent to 1.1 times its annual consumption.

Which country is No 1 poor country?

1. Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger topping the UN’s human development report as the world’s poorest country.

Which country is richest in Asia?

Here are the 10 richest countries in Asia:

  • China – $11.22 Tn.
  • Japan – $4.94 Tn.
  • India – $2.26 Tn.
  • South Korea – $1.41 Tn.
  • Indonesia – $932.26 Bn.
  • Turkey – $863.71 Bn.
  • Saudi Arabia – $639.62 Bn.
  • Iran – $425.40 Bn.

Which country has lowest GDP?

In 2021, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia.
The 20 countries with the lowest gross domestic product (GDP) per capita in 2021 (in U.S. dollars)

Characteristic GDP per capita in U.S. dollars
Burundi 272.14

Which country will be the richest in 2025?

Russia-Ukraine War Economic Impact – Analysis & Special Reports. We forecast Luxembourg to be the world’s wealthiest economy in 2025 in nominal GDP terms (at market exchange rates).

Is Myanmar rich or poor?

Is Myanmar a good country?

As of 2020, according to the Human Development Index, Myanmar ranks 147 out of 189 countries in terms of human development. Since 2021, more than 600,000 people were displaced across Myanmar due to the surge in violence post-coup, with more than 3 million people in dire need of humanitarian assistance.

Is Myanmar a poor country?

At the end of British rule, Myanmar was the second richest country in Southeast Asia. Because of years of isolationist policies, it is now one of the poorest, and around 26 percent of the population lives in poverty.

Is Myanmar safe to visit?

Do not travel to Burma due to civil unrest and armed conflict. Reconsider travel to Burma due to COVID-19-related restrictions and limited and/or inadequate healthcare resources. Exercise increased caution due to wrongful detentions and areas with land mines and unexploded ordnance.

Who buys Myanmar oil?

As of 2015, Myanmar exports gas to Thailand and China. Myanmar had proven gas reserves of 10 trillion cubic feet in 2012, with an annual production capacity of 416 BcF. Oil reserves in 2013 numbered at 50 million barrels, with a production capacity of 21,000 bbl/d.

Which country is poor in Asia?

North Korea. North Korea may actually be the poorest country in Asia, but the nation’s notoriously secretive government rarely shares its data, so economists much rely upon expert estimates. Poverty in North Korea is attributed to poor governance by the totalitarian regime.

Which country is No 1 rich country?

The world’s richest nations are no longer as surprising as they were 20 years ago.
The 50 richest countries in the world.

Rank Country Adjusted GDP/capita
1 Luxembourg 134,754 $
2 Singapore 116,486 $
3 Ireland 106,456 $
4 Qatar 93,521 $

Which is the fastest developing country?

China is expected to be the fastest growing economy per capita, even if the projection finds growth to be slowing from what the country achieved over the past decade.

Which country has best future in 2050?

China. And, to one’s surprise, China will be the most powerful economy in the world in 2050.

Why is Myanmar famous for?

Related Post