Burma

Continent

Asia

Capital

Rangoon (aka Yangon, continues to be recognized as the primary Burmese capital by the US Government); Nay Pyi Taw is the administrative capital

Population

57,527,139

Sub-Zones

General Information

Basic details about Burma

Population:: 57,527,139
Area:: 676,578 sq km
Currency:: kyats
Languages:: Burmese

Economic Overview

Key economic indicators for Burma

GDP:: $290.381 billion
GDP per Capita:: $5,400
GDP Growth:: 0.96%
Inflation:: 8.83%
Unemployment:: 2.84%
Public Debt:: 33.6% of GDP

Political System

Governance structure of Burma

Government Type:: military regime
Head of State:: Prime Minister, State Administration Council Chair, Sr. Gen. MIN AUNG HLAING (since 1 August 2021)
Head of Government:: Prime Minister, State Administration Council Chair, Sr. Gen. MIN AUNG HLAING (since 1 August 2021)
Judiciary:: Supreme Court of the Union (consists of the chief justice and 7-11 judges)
Administrative Divisions:: 7 regions (taing-myar, singular - taing), 7 states (pyi ne-myar, singular - pyi ne), 1 union territory

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: No
Diplomatic Presence:: 2300 S Street NW, Washington, DC 20008

Major Alliances and Organizations

ASEAN

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

22.7% (2023 est.)

Industry

37.6% (2023 est.)

Services

39.7% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $20.4 billion
Imports:: $23.1 billion

Major Trading Partners

China 32

Thailand 16

Japan 7

Germany 6

India 5

Economic Outlook

Burma has a 0.96% GDP growth rate with 8.83% inflation. The economy is characterized by a strong agriculture sector.