What is the main industry in Myanmar?
What is the main industry in Myanmar?
Agriculture, industries, energy and tourism are the main sectors of the Burma economy. Agriculture, however, is the dominant sector and accounts for almost 60 percent of the GDP. The heavy industries are owned and operated by the state.
What are the biggest industries in Myanmar?
Some of the leading industries in Myanmar include agriculture, mining, and tourism, among others.
- Agriculture. Agriculture plays a significant role in the country’s economy and account for 60% of the GDP and employs about 65% of the country’s labor force.
- Mining Industry.
- Tourism.
- Oil and Gas.
- Challenges Facing Myanmar.
What is the main source of income in Myanmar?
The Myanmar government’s main source of revenue in recent years has been the export of natural gas to Thailand. Another major source has been taxes on domestic and international trade.
How strong is Myanmar economy?
The economy of Myanmar has a nominal GDP of USD $76.09 billion in 2019 and an estimated purchasing power adjusted GDP of USD $327.629 billion in 2017 according to the World Bank. For the 2020 estimate, GDP per capita in Myanmar would be USD $5142.20 in PPP per capita and USD $1,608.50 in nominal per capita.
What is the 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 |
Where does Myanmar rank in the world by GDP?
73rd
Economy of Myanmar
| Statistics | |
|---|---|
| GDP rank | 73rd (nominal, 2019) 50th (PPP, 2019) |
| GDP growth | 6.8% (2018) 6.3% (2019e) 1.5% (2020f) -10% (2021f) *Myanmar’s economy to contract by 18% in 2021 due to coup (World Bank) *Projected GDP growth might be affected by the 2021 coup. |
| All values, unless otherwise stated, are in US dollars. |
Is there a billionaire in Myanmar?
He is the first Myanmar entrepreneur to appear on the cover of Forbes Asia and still remains the richest man in Myanmar….
| Tay Za | |
|---|---|
| Nationality | Burmese |
| Other names | Tayza, Teza |
| Occupation | Chairman, Htoo Group of Companies |
| Title | Thiri Pyanchi |
https://www.youtube.com/watch?v=vKvvGVvtL54
