Lewes, DE -- (SBWIRE) -- 12/14/2017 -- As per International Monetary Fund (IMF) Myanmar's nominal gross domestic product is expected to grow at a CAGR of 14.93% from it's 2015 level of MMK 72780.47 billion and reach MMK 192778.13 billion by 2022.

Myanmar is one of Southeast Asia's largest nations, with a population of more than 52 million people. With 135 different ethnic groups calling Myanmar home, it is also one of the world's most diverse countries, with a rich history and panoply of cultural and religious traditions. Myanmar is a geographically diverse country, boasting fertile tropical deltas in the south and a rugged landscape in the Himalayan foothills of the north. The country is situated along the Bay of Bengal, and shares borders with Bangladesh, China, India, the Lao PDR and Thailand.

Myanmar had estimated population of 52.254 million in the year 2016 and expected to reach 54.36 million by 2022. Myanmars unemployment rate was 4% of total labor force, which is expected to remain same till 2022.

Myanmars real gross domestic product (GDP) was around MMK 60240.72 billions in 2016 whereas the nominal GDP was MMK 83479.33 billions. This resulted in GDP deflator 138.659. Per capita GDP was estimated at USD 1269.27 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 5831.82.

In 2016, Myanmar governments revenue was MMK 14402.67 billions whereas the expenditure was MMK 18223.19 billions. This resulted Myanmar governments net lending / borrowing negative at MMK 3820.52 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Myanmar was estimated to be negative at USD 4.341 billions for the year 2016 and is expected to decline at a CAGR of 14.01% and reach USD 7.677 by 2022. This negative current account balance indicates that Myanmar is net borrower from the whole world.

Scope of the Myanmar PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Myanmar.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Myanmar.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Myanmar.
- These reports provide risk analysis for Myanmar.

For more information and to purchase Myanmar PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/myanmar-pestel-analysis-market-research-report

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For more information and to purchase Myanmar Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/myanmar-risk-analysis-market-research-report

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