Myanmar
Description of Myanmar
As a country situated at a strategic crossroads between South and Southeast Asia, Myanmar has immense potential for economic growth and geopolitical significance. With a rich cultural heritage and abundant natural resources, Myanmar has witnessed significant political and economic changes in recent years. Understanding the macroeconomic landscape of Myanmar is crucial for grasping its development trajectory and its interactions with neighboring countries and the broader global community.
Population And Age Structure
Population, total: Myanmar has a population of 53,423,198, which is higher than the average population of 40,097,746. Myanmar ranks 26th out of 194 countries in terms of population.
Population ages 0-14 (% of total population): Myanmar's population aged 0-14 constitutes 25.12% of the total population, which is below the average of 27.34%. Myanmar is ranked 103rd out of 194 countries for this age group.
Population ages 0-14, total: With a total of 13,421,839 children aged 0-14, Myanmar surpasses the average of 10,327,380 children in this age group. Myanmar ranks 28th out of 194 countries in this category.
Population ages 15-64 (% of total population): 68.42% of Myanmar's population falls in the age group of 15-64, which is higher than the average of 63.44%. Myanmar ranks 38th out of 194 countries for this age category.
Population ages 15-64, total: Myanmar's total population aged 15-64 is 36,553,345, significantly higher than the average of 26,003,407. Myanmar ranks 26th out of 194 countries in this age range.
Population ages 65 and above (% of total population): The elderly population aged 65 and above makes up 6.45% of Myanmar's total population, lower than the average of 9.22%. Myanmar is ranked 99th out of 194 countries for this demographic.
Population ages 65 and above, total: Myanmar has a population of 3,448,015 individuals aged 65 and above, which is below the average of 3,766,959. Myanmar ranks 33rd out of 194 countries in terms of the elderly population.
Summary
Myanmar has a higher total population, with a significant number of individuals in the age range of 15-64 compared to the global average. However, the percentage of children aged 0-14 is below the average. The proportion of elderly individuals aged 65 and above is also lower than the global average. These demographic indicators are crucial for policymakers as they highlight potential concerns related to workforce dynamics, healthcare requirements, and social welfare needs in Myanmar.
Population Miscellaneous
Myanmar's rural population stands at 36,786,680, significantly above the attribute average of 18,044,041. The country ranks 15th out of 190 countries in terms of rural population.
With a rural population comprising 68.859% of the total population, Myanmar exceeds the attribute average of 41.158%. It holds the 29th rank out of 190 countries in this aspect.
Myanmar's urban population is 16,636,518, below the attribute average of 22,425,747. The country ranks 45th out of 194 countries for urban population.
Comprising 31.141% of the total population, Myanmar's urban population percentage is below the average of 59.691%. It ranks 166th out of 194 countries in this metric.
The age dependency ratio in Myanmar is 46.15%, below the average of 59.22%. The country ranks 157th out of 194 countries for this ratio.
Myanmar's crude birth rate is 17.363 per 1,000 people, slightly lower than the average of 19.384. The country ranks 94th out of 192 countries for this rate.
With a crude death rate of 8.819 per 1,000 people, Myanmar exceeds the average of 8.214. It ranks 65th out of 192 countries in terms of the death rate.
The fertility rate in Myanmar is 2.174 births per woman, below the average of 2.603. The country ranks 94th out of 190 countries for fertility rate.
Summary
Myanmar has a significantly high rural population compared to the global average, ranking 15th worldwide. However, its urban population is below average, ranking 45th. The country also has a lower urban population percentage and age dependency ratio compared to the global averages, indicating a predominantly rural and relatively younger population. These demographic indicators are crucial for understanding Myanmar's economic structure, resource distribution, and social development priorities.
Military
Myanmar's military expenditure, standing at 2.5 billion USD, is notably below the average of 12.9 billion USD, ranking 55th out of 149 countries in the dataset. The country allocates 2.99% of its GDP to military spending, higher than the average of 1.90%, placing it at the 23rd rank out of 148 countries.
Myanmar's arms imports are at 216 million USD, slightly above the average of 205 million USD. The country ranks 24th out of 113 countries in this aspect. The total armed forces personnel in Myanmar stands at 463,000, significantly higher than the average of 165,908, ranking 14th out of 164 countries.
Moreover, Myanmar's armed forces personnel account for 1.92% of the total labor force, surpassing the average of 1.28%, positioning the country at the 30th rank out of 164 countries in the dataset.
Summary
Myanmar stands out for its higher-than-average military expenditure, both in absolute terms and as a percentage of its GDP. The country also maintains a large number of armed forces personnel compared to the global average. These indicators suggest that Myanmar prioritizes military capabilities and defense readiness, potentially impacting its budget allocation and national security strategy.
Natural Resources
• Myanmar has a forest area of 285,438.9 sq. km, which is above the global average of 211,606.11 sq. km.
Myanmar ranks 21st out of 191 countries in this attribute.
• The land area in Myanmar is 652,670 sq. km, slightly below the average of 665,166.51 sq. km. Myanmar
ranks 38th out of 194 countries in this category.
• With a surface area of 676,590 sq. km, Myanmar is below the global average of 689,779.56 sq. km. It also
ranks 38th out of 194 countries in this respect.
• Myanmar's arable land spans 10,990,000 hectares, significantly surpassing the average of 7,329,543.16
hectares. It ranks 28th out of 190 countries in this aspect.
• Land under cereal production in Myanmar covers 7,746,489 hectares, well above the global average of
4,206,011.63 hectares. Myanmar ranks 24th out of 174 countries in this domain.
• The average annual precipitation in Myanmar is 2,091 mm, higher than the global average of 1,157.83 mm.
Myanmar ranks 26th out of 178 countries in this metric.
• Myanmar's renewable internal freshwater resources stand at 1,002.8 billion cubic meters, considerably
exceeding the average of 240.41 billion cubic meters. Myanmar holds the 10th position out of 178 countries
for this attribute.
Summary
Myanmar demonstrates a notable abundance of natural resources such as forest area, arable land, and renewable freshwater resources, surpassing global averages in these categories. These statistics indicate Myanmar's potential for agricultural productivity, environmental sustainability, and water resource management. The country's above-average rankings among nations also position it favorably for leveraging these resources for economic development and ecological conservation efforts.
Resource Rents
Myanmar's total natural resources rents account for 4.66% of its GDP, slightly above the average of 4.63%. This places Myanmar at rank 54 out of 175 countries with available data for this attribute.
When it comes to coal rents, Myanmar's value is 0.02% of its GDP, significantly below the average of 0.40%. This places Myanmar at rank 34 out of 65 countries in this dataset.
Myanmar's forest rents contribute 1.93% to its GDP, which is higher than the average of 1.53%. This places Myanmar at rank 38 out of 174 countries included in the analysis.
For oil rents, Myanmar's value is 0.03% of its GDP, much lower than the average of 2.51%. This places Myanmar at rank 82 out of 117 countries in the dataset for this attribute.
Myanmar's natural gas rents represent 2.16% of its GDP, significantly higher than the average of 1.25%. This places Myanmar at rank 14 out of 96 countries with available data.
Lastly, Myanmar's mineral rents make up 0.51% of its GDP, below the average of 1.23%. This places Myanmar at rank 32 out of 86 countries in the dataset.
Summary
Myanmar demonstrates significant variation in the contribution of different natural resources to its GDP compared to global averages and ranks. While the country performs well in terms of natural gas rents, it falls short in coal and oil rents. These disparities highlight the diverse nature of Myanmar's resource economy and underscore the importance of strategic resource management and diversification for sustainable economic development.
Commodities
Myanmar's cereal production of 28,876,008.93 metric tons is above the average production of 17,249,945.93 metric tons, placing Myanmar at 21st rank out of 174 countries. Myanmar's aquaculture production of 1,145,018 metric tons surpasses the average production of 679,642.92 metric tons, ranking Myanmar 11th out of 180 countries.
Myanmar's capture fisheries production of 1,977,330 metric tons is significantly higher than the average production of 467,453.06 metric tons, ranking Myanmar 11th out of 190 countries. Additionally, Myanmar's total fisheries production of 3,122,348 metric tons exceeds the average production of 1,153,914.85 metric tons, positioning Myanmar at 14th place out of 182 countries.
In terms of fertilizer consumption, Myanmar's usage of 67.72 kilograms per hectare of arable land is below the average consumption of 159.04 kilograms. This places Myanmar at the 109th rank out of 187 countries in terms of fertilizer consumption.
Summary
Myanmar stands out in agricultural production with above-average cereal, aquaculture, capture fisheries, and total fisheries production, ranking 21st, 11th, 11th, and 14th respectively out of the listed countries. However, Myanmar lags behind in fertilizer consumption, utilizing only 67.72 kilograms per hectare of arable land compared to the average of 159.04 kilograms, placing the country at the 109th rank. This low fertilizer consumption could potentially hinder Myanmar's agricultural productivity and overall food security in the long run.
Intellectual Property
Myanmar's Scientific and technical journal articles stand at 418.5, significantly below the attribute average of 15,103.76. This places Myanmar at a rank of 99 out of 192 countries in the dataset for this attribute.
Furthermore, Myanmar's Researchers in R&D (per million people) is 32.56, well below the attribute average of 2556.45. This places Myanmar at a rank of 71 out of 72 countries included in the data for this attribute.
Summary
Myanmar lags behind the global average in scientific and technical journal articles and researchers in R&D per million people, ranking poorly compared to other countries. This indicates a significant gap in research and innovation capacity, which could hinder the country's ability to advance technologically, compete globally, and drive sustainable economic growth in the long term.
Broad Economy Attributes
Analysis of key macroeconomic attributes for Myanmar:
1. GDP (current US$): Myanmar's GDP of 79,045,695,084.5069 is below the average GDP of 442,870,224,838.6818 among 189 countries, ranking 65th.
2. GDP, PPP (current international $): Myanmar's GDP, PPP of 265,636,362,913.273 is significantly lower than the average of 734,141,122,350.7834 among 181 countries, ranking 59th.
3. GDP per capita (current US$): With a GDP per capita of 1,479.61, Myanmar falls below the average of 15,462.11, ranking 154th out of 190 countries.
4. GDP per capita, PPP (current international $): Myanmar's GDP per capita, PPP of 4,972.30 is notably lower than the average of 21,251.89, ranking 139th out of 181 countries.
5. GNI (current US$): Myanmar's GNI is 77,548,945,800.2808, significantly under the average of 452,040,815,370.6972 among 185 countries, ranking 64th.
6. GNI, PPP (current international $): Myanmar's GNI, PPP is 260,606,474,370.579, well below the average of 730,698,223,823.4666 among 181 countries, ranking 59th.
7. GNI per capita, PPP (current international $): With a GNI per capita, PPP of 4,880, Myanmar is below the average of 20,615.75, ranking 140th out of 181 countries.
Summary
Myanmar exhibits lower than average values across key macroeconomic indicators such as GDP, GDP per capita, and GNI when compared to global averages. This suggests a relatively smaller economic output and income level in Myanmar compared to other countries worldwide. These statistics are vital as they indicate the economic development and standard of living within the country, highlighting areas for potential growth and improvement.
Broad Value Added
Myanmar's Agricultural, forestry, and fishing value added (% of GDP) is 22.42%, which is above the attribute average of 10.86%. Myanmar ranks 28th out of 182 countries in this data set.
For Agriculture, forestry, and fishing value added (current US$), Myanmar's value is $17,720,979,728.86, below the attribute average of $19,924,732,828.07. Myanmar ranks 33rd out of 182 countries.
Myanmar's Services value added (% of GDP) is 40.04%, below the attribute average of 56.72%. Myanmar ranks 169th out of 183 countries in this category.
In Services value added (current US$), Myanmar's value is $31,647,866,348.45, which is also below the attribute average of $295,837,711,130.69. Myanmar ranks 78th out of 183 countries.
Lastly, for Industry (including construction) value added (current US$), Myanmar's value is $29,676,849,007.20, significantly below the attribute average of $118,421,095,413.50. Myanmar ranks 61st out of 183 countries.
Summary
Myanmar has a strong reliance on the Agricultural, forestry, and fishing sector, with a value added (% of GDP) that is more than double the global average. However, its Services value added (% of GDP) is significantly below the global average, indicating a potential area for growth and development. The country's Industry value added (current US$) is also notably lower than the global average, suggesting room for expansion and modernization in the industrial sector. These findings are important as they highlight Myanmar's economic structure, emphasizing the need for diversification and investment in sectors beyond agriculture to drive overall economic growth and stability.
Manufacturing Value Added
Myanmar's Manufacturing, value added (current US$) stands at $20.12 billion, ranking 53 out of 173 countries. This is significantly below the attribute average of $76.21 billion.
Myanmar's Manufacturing, value added (% of GDP) is 25.45%, ranking 7 out of 173 countries. This is notably above the attribute average of 11.90%.
In terms of Medium and high-tech manufacturing value added (% manufacturing value added), Myanmar's value is 23.66%, ranking 71 out of 149 countries. This falls slightly below the attribute average of 24.49%.
Summary
Myanmar's manufacturing sector, although contributing significantly to its GDP at 25.45%, lags behind in absolute value added compared to the global average. However, the country excels in the relative contribution of manufacturing to its economy, ranking 7th globally. The slightly lower percentage of medium and high-tech manufacturing value added suggests room for growth and technological advancement in Myanmar's industrial sector.
These findings are crucial as they highlight Myanmar's current position and potential for development in the manufacturing industry. By focusing on enhancing technological capabilities and diversifying the manufacturing base, Myanmar can aim to increase the absolute value added in manufacturing, aligning it more closely with global averages and potentially boosting overall economic growth and competitiveness.
Money
Myanmar's Inflation, GDP deflator is 5.34%, below the average of 6.90%. The country ranks 40 out of 188 countries for this attribute.
For Broad money growth, Myanmar's rate is 18.18%, slightly above the average of 18.03%. It holds the 34th rank out of 139 countries.
Myanmar's Broad money (% of GDP) is 69.20%, below the average of 71.75%. It ranks 65 out of 139 countries in this aspect.
In terms of Broad money to total reserves ratio, Myanmar's ratio stands at 7.13%, above the average of 5.17%. This places Myanmar at the 15th rank out of 126 countries.
Summary
Myanmar performs moderately well in key macroeconomic indicators compared to global averages and ranks relatively high in Broad money to total reserves ratio. Despite some metrics being slightly below average, Myanmar's ability to maintain a higher ratio of Broad money to total reserves indicates a strong financial position which can contribute to economic stability and resilience against external shocks. It suggests that Myanmar has a solid monetary policy framework and adequate foreign currency reserves to support its economy in times of need.
Investment
Myanmar received $1.91 billion in net foreign direct investment, which is below the global average of $5.75 billion. This places Myanmar at rank 52 out of 182 countries in terms of net inflows. Additionally, Myanmar's net FDI as a percentage of GDP is 2.41%, slightly lower than the average of 2.61%. This places Myanmar at rank 75 out of 178 countries in this metric.
Summary
Myanmar's net foreign direct investment of $1.91 billion falls below the global average, positioning the country at rank 52 out of 182 nations for net inflows. Furthermore, its net FDI as a percentage of GDP, at 2.41%, is slightly under the global average, placing Myanmar at rank 75 out of 178 in this metric. These indicators highlight Myanmar's moderate attractiveness to foreign investors compared to other countries, indicating room for potential growth in foreign investment to further contribute to the country's economic development.
Debt
- Total debt service (% of GNI): Myanmar's value is 0.7765, below the average of 5.98. It ranks 109 out of
120 countries.
- Public and publicly guaranteed debt service (% of GNI): Myanmar's value is 0.6599, below the average of
2.84. It ranks 101 out of 120 countries.
- External debt stocks (% of GNI): Myanmar's value is 17.289, below the average of 65.42. It ranks 110 out
of 120 countries.
- Debt service on external debt, total (TDS, current US$): Myanmar's value is $602,182,487.1, below the
average of $9,811,195,839.23. It ranks 75 out of 123 countries.
- Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Myanmar's value
is $511,727,372.3, below the average of $3,310,612,057.60. It ranks 63 out of 123 countries.
- External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Myanmar's value is
$12,578,109,677, below the average of $28,695,879,144.98. It ranks 46 out of 123 countries.
- External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Myanmar's value is $35,181,000,
below the average of $33,734,699,285.22. It ranks 87 out of 91 countries.
- External debt stocks, total (DOD, current US$): Myanmar's value is $13,407,423,214.30, below the average
of $73,845,530,111.82. It ranks 62 out of 123 countries.
Summary
Myanmar has relatively low levels of debt service and external debt compared to the averages of the countries analyzed, ranking below average in most indicators. This indicates that Myanmar has a lower debt burden and financial obligations compared to its peers. This can be significant for Myanmar as it may indicate more fiscal stability and lower risk of default, providing room for economic growth and development without the constraints of high debt repayments.
Broad Trade Attributes
Myanmar's merchandise trade as a percentage of its GDP stands at 43.82%, below the average of 60.01% among 186 countries. Myanmar ranks 115th out of the 186 countries included in the dataset for this attribute.
Summary
Myanmar's merchandise trade as a percentage of its GDP is relatively low at 43.82%, ranking it 115th out of 186 countries in the dataset. This indicates that Myanmar has a lower level of international trade compared to the global average of 60.01%. A lower percentage of merchandise trade in GDP could imply that Myanmar may have a more closed economy with limited international market integration, potentially affecting its economic growth and resilience to external shocks.
Broad Export Attributes
Myanmar's ICT goods exports account for 0.59% of its total goods exports, significantly below the average of 3.81%. The country is ranked 75th out of 142 countries in this aspect.
Summary
Myanmar's ICT goods exports only contribute 0.59% to its total goods exports, which is notably lower than the global average of 3.81%. This ranks Myanmar as 75th out of 142 countries in this category. The low percentage indicates a potential opportunity for Myanmar to further develop its ICT sector to enhance export competitiveness and diversify its economy.
Merchandise Exports
Myanmar's merchandise exports (current US$) amount to $16,692,000,000, ranking 70th out of 187 countries. This value is significantly below the average export value of $89,542,711,229.95.
Agricultural raw materials exports (% of merchandise exports) in Myanmar stand at 2.82%, below the average of 2.97%. Myanmar ranks 42nd out of 151 countries in this category.
Myanmar's food exports (% of merchandise exports) make up 28.50% of its total exports, higher than the average of 24.06%. The country ranks 44th out of 152 nations for this metric.
With fuel exports (% of merchandise exports) at 20.30%, Myanmar exceeds the average of 13.70%. It holds the 31st position out of 147 countries.
Ores and metals exports (% of merchandise exports) from Myanmar constitute 6.39% of total exports, below the average of 9.10%. Myanmar ranks 46th out of 152 countries in this aspect.
Merchandise exports by the reporting economy, residual (% of total merchandise exports) in Myanmar are at 0.08%, significantly lower than the average of 3.20%. Myanmar ranks 110th out of 166 countries for this particular attribute.
Summary
Myanmar's merchandise exports are below the global average, ranking 70th out of 187 countries. Although the country surpasses the average in food and fuel exports, it falls short in agricultural raw materials, ores and metals exports, and the residual category. These indicators are crucial as they reflect Myanmar's trade composition, economic diversification, and global competitiveness.
Technology Exports
Myanmar's Manufactures exports account for 41.98% of its merchandise exports, slightly below the average of 42.62%. Myanmar is ranked 74th out of 152 countries in this attribute.
Myanmar's High-technology exports amount to $225,716,431, significantly below the average of $16,655,934,078.80. In this category, Myanmar is ranked 72nd out of 151 countries.
Myanmar's High-technology exports as a percentage of manufactured exports stand at 3.17%, notably lower than the average of 10.15%. Myanmar ranks 99th out of 150 countries in this aspect.
When it comes to Medium and high-tech exports as a percentage of manufactured exports, Myanmar's value is 14.83%, which is below the average of 34.29%. Myanmar ranks 107th out of 149 countries included in this dataset.
Summary
Myanmar lags behind the global average in key macroeconomic indicators related to exports. The country's performance in Manufactures exports, High-technology exports, and Medium and high-tech exports as a percentage of manufactured exports is below average, with rankings ranging from 72nd to 107th out of the countries included in the dataset. These indicators are crucial as they reflect Myanmar's level of technological advancement, diversification of exports, and ability to compete in the global market, highlighting areas that may require attention to enhance economic growth and competitiveness.
Broad Import Attributes
Myanmar's ICT goods imports account for 4.23% of its total goods imports, below the average of 6.85%. This places Myanmar at rank 92 out of 143 countries in the dataset for this attribute.
Summary
Myanmar's ICT goods imports account for 4.23% of its total goods imports, which is below the global average of 6.85%. This indicates that Myanmar may have room for growth in terms of embracing Information and Communication Technology (ICT) compared to other countries in the dataset. Improving ICT infrastructure and increasing investment in digital technologies could enhance Myanmar's competitiveness and economic development in the digital era.
Merchandise Imports
Myanmar's merchandise imports amount to $17.9 billion, ranking 73rd out of 190 countries. This is below the average merchandise imports of $89.4 billion.
Manufactures imports account for 70.32% of Myanmar's total merchandise imports, which is above the average of 66.76%. Myanmar ranks 59th out of 152 countries in this aspect.
Agricultural raw materials imports make up only 0.39% of Myanmar's total merchandise imports, ranking 141st out of 152 countries. This is significantly below the average of 1.27%.
Food imports constitute 13.14% of Myanmar's total merchandise imports, below the average of 15.89%. Myanmar ranks 91st out of 152 countries in this category.
Fuel imports represent 15.16% of Myanmar's total merchandise imports, above the average of 11.38%. Myanmar ranks 34th out of 152 countries in this aspect.
Myanmar's ores and metals imports account for only 0.97% of total merchandise imports, ranking 118th out of 152 countries. This is below the average of 2.57%.
Merchandise imports by Myanmar's reporting economy residual make up 0.003% of the country's total merchandise imports, much lower than the average of 2.51%. Myanmar ranks 159th out of 180 countries in this category.
Summary
Myanmar's merchandise imports are below the global average at $17.9 billion. The country relies heavily on manufactured goods for its imports, which is above average, while agricultural raw materials imports are notably low. These indicators are important as they reflect Myanmar's trade composition and dependency on key import categories, which can impact its economic stability and development strategies.
Infrastructure
Myanmar's Air transport, freight stands at 1.24 million ton-km, significantly below the average of 1384.37 million ton-km, ranking 102 out of 126 countries in the dataset.
In terms of Air transport, registered carrier departures worldwide, Myanmar's 30,407 departures are well below the average of 134,365 departures, placing Myanmar at the 58th position out of 149 countries.
Myanmar's Air transport, passengers carried figure of 1,506,582 falls far short of the average of 11,848,243 passengers carried, positioning Myanmar at 59th out of 149 countries in the dataset.
Regarding Container port traffic, Myanmar's 1,020,793 TEUs are notably lower than the average of 6,907,110 TEUs, resulting in Myanmar ranking 62nd out of 110 countries.
Summary
Myanmar's air transport and container port traffic metrics indicate a significant underperformance compared to global averages, with low volumes of freight, departures, passengers carried, and container port traffic. This suggests potential challenges in Myanmar's logistics infrastructure, connectivity, and trade competitiveness. Addressing these deficiencies is crucial for enhancing Myanmar's connectivity, trade efficiency, and overall economic development in an increasingly interconnected global economy.
Information Technology Infrastructure
Myanmar has 765 secure internet servers, which is significantly below the average of 458,294. The country ranks 120 out of 193 countries in this attribute.
With only 14.32 secure internet servers per 1 million people, Myanmar is far below the average of 14,067. The country ranks 171 out of 193 countries in this category.
41.95% of the population in Myanmar uses the internet, which is below the average of 64.77%. The country ranks 140 out of 180 countries in this aspect.
Myanmar has 688,815 fixed broadband subscriptions, lower than the average of 6,591,956. The country ranks 79 out of 185 countries in fixed broadband subscriptions.
With 78,548,329 mobile cellular subscriptions, Myanmar exceeds the average of 42,526,464. The country ranks 21 out of 193 countries in this attribute.
Summary
Myanmar lags behind global averages in terms of secure internet servers, internet users, and fixed broadband subscriptions per capita, ranking below average in all these categories. However, the country surpasses the global average in mobile cellular subscriptions. These indicators are essential as they reflect Myanmar's connectivity infrastructure, its population's access to online resources, and its readiness for digital transformation in an increasingly interconnected world.
Energy Consumption
Myanmar's renewable energy consumption stands at 59.75% of total final energy consumption, significantly above the global average of 32.18%. This places Myanmar at the 41st rank out of 191 countries in the dataset.
Conversely, Myanmar's CO2 emissions are 33,874.6 kt, which is below the average of 171,895.94 kt. This positions Myanmar at the 66th rank out of 188 countries based on CO2 emissions data.
Summary
Myanmar excels in renewable energy consumption, surpassing the global average by a substantial margin and ranking 41st globally. However, the country's CO2 emissions are notably lower than the global average, placing Myanmar at the 66th rank. These statistics are crucial as they highlight Myanmar's commendable commitment to sustainable energy practices and environmental stewardship.
Government Balance Sheet
Myanmar's total reserves (% of total external debt) stand at 57.21%, below the attribute average of 66.13%. This places Myanmar at rank 31 out of 102 countries with available data on this attribute.
When considering total reserves minus gold (current US$), Myanmar's value is $7,228,120,715.09, significantly below the attribute average of $74,221,588,171.61. This places Myanmar at rank 79 out of 161 countries in the dataset.
Furthermore, Myanmar's total reserves (includes gold, current US$) amount to $7,670,070,785.09, falling below the attribute average of $85,708,019,773.47. Myanmar is ranked 79 out of 161 countries in this category.
Summary
Myanmar's total reserves as a percentage of total external debt are below the global average, ranking 31st out of 102 countries. When excluding gold reserves, Myanmar's total reserves are significantly lower than the average, placing the country at 79th out of 161 nations. The total reserves, including gold, also fall below the average, with Myanmar again ranked at 79th out of 161 countries. These statistics indicate that Myanmar may have limited financial resources to cover its external debt obligations, potentially impacting its ability to manage financial crises or invest in development projects.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Rural population | 15/190 |
| Armed forces personnel, total | 14/164 |
| Renewable internal freshwater resources, total (billion cubic meters) | 10/178 |
| Aquaculture production (metric tons) | 11/180 |
| Capture fisheries production (metric tons) | 11/190 |
| Total fisheries production (metric tons) | 14/182 |
| Manufacturing, value added (% of GDP) | 7/173 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Researchers in R&D (per million people) | 71/72 |
| Services, value added (% of GDP) | 169/183 |
| Total debt service (% of GNI) | 109/120 |
| External debt stocks (% of GNI) | 110/120 |
| External debt stocks, private nonguaranteed (PNG) (DOD, current US$) | 87/91 |
| Agricultural raw materials imports (% of merchandise imports) | 141/152 |