The economy of Myanmar is the seventh largest in Southeast Asia, with an estimated nominal GDP of US63.99 billion in 2023 and an estimated purchasing power adjusted GDP of 278.16 billion in 2023 according to the International Monetary Fund. For the 2023 estimate, GDP per capita in Myanmar would be 5,130.00inPPPpercapitaand1,240.00 in nominal per capita. These economic statistics were a huge decline from the economic statistics of Myanmar in the fiscal year of 2020, in which Myanmar's nominal GDP was 81.26billionanditspurchasingpoweradjustedGDPwas279.14 billion. The cause of the deterioration in the economy is due to the 2021 coup d’état by the Tatmadaw after they accused the elections to be fraudulent.HistoryClassical era
Historically, Burma was the main trade route between India and China since 100 BC. The Mon Kingdom of lower Burma served as important trading centre in the Bay of Bengal. The major
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.