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Energy

Only 37% of Myanmar households have access to electricity, but the demand for electric power is growing by 13% each year. (Source: https://www.borgenmagazine.com/innovation-in-myanmar/)

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Digital Economy

Myanmar has a smartphone penetration rate of 80%, out of which 41% are connected to the internet as of January 2020. Additionally, Myanmar — which has a population of 55 million — has 68.24 million mobile connections as […]

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Investment

Foreign Direct Investment (FDI) Myanmar saw more than US$5.52 billion in FDI (jumping from US$3.2 and US$4.3 billion in the last two quarters) in 12 months of the previous 2019-20 fiscal year (FY) which ended […]

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Exports

As of Sept. 11 2020 of this FY, Myanmar earned over 16.7 billion U.S. dollars from the total exports. (Source: Ministry of Commerce)

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Agriculture

Myanmar agricultural sector accounts for some 38% of the country’s gross domestic product (GDP), but yields are low due to farmers being cut-off from modern technology under the previous regime for decades. The agricultural sector […]

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Poverty

In 2017, 24.8 percent of Myanmar’s 53 million people lived below the national poverty lines, meaning roughly 13 million had less than 1,590 kyats (1.20 U.S. dollars) per day. (Source: ADB)