Country Insight
Myanmar
Southeast Asian nation with rich natural resources, facing political and economic instability.
Country basics
Region
Southeast Asia
Capital
Naypyidaw
Currency
Burmese kyat (MMK)
Income group
Lower-middle-income country
Divisions
7 regions, 7 states, and union territories
Area
331,690 km²
Demographics
Population
~55–57 million
Urban
~30–32%
Rural
~68–70%
Male
~49–50%
Female
~50–51%
Largest city
Naypyidaw / Selangor area
Digital access
Internet
79.1% penetration — nearly 80 million users (2024)
Mobile
~100%+ connections; growing but limited by infrastructure
5G coverage
Very limited / emerging
ICT market
Small and restricted
Labour and employment
Participation
61.0% · 24.2M workers (2024)
Unemployment
Elevated (underemployment high)
Skilled workers
Limited formal qualifications
Trained workers
Low to moderate
Economy
GDP
~US$60–70 billion (nominal, est.)
Global rank
Lower global ranking
GDP per capita
~US$1,100–1,300
SMEs
Dominant in economy
Growth engine
Frontier market potential
GTM complexity
Higher uncertainty and operating constraints
Commercial angle
Best suited for cautious, phased market entry planning
Business environment
Opportunities
Agriculture
Gems & energy
Natural resources
Young population
Strategic location
Untapped potential
Challenges
Political instability
Sanctions
Infrastructure deficits
Conflict