Final Report
Chapter 2 Background of the Project
Table 2.1-2 Key economic indicators
2008/09
2009/10
2010/11
2011/12*1
3,336
28,778
32,351
36,436
39,805
20,182
31,367
35,225
45,380
51,925
12.0
10.3
10.6
10.4
n.a.
GDP growth rate (IMF estimation) (%)
5.5
3.6
5.1
5.3
5.46
Per capita GDP (USD)
351
537
575*2
705*2
768*2
1,110
992
1,004
861
810
44%
42%
40%
38%
1%
1%
1%
1%
15%
16%
17%
19%
Electric, gas, water
0%
0%
0%
0%
Construction
4%
4%
4%
5%
12%
13%
14%
14%
Finance
0%
0%
0%
0%
Administration
1%
1%
1%
1%
22%
21%
21%
21%
2%
2%
2%
2%
Item
Nominal GDP(1 bil kyats)
Nominal GDP(1 mil dollars)
GDP growth rate (%)
(government announcement)
Exchange rate (real) (kyat/USD)
2007/08
Breakdown of GDP*3
Agriculture
Mining
Manufacturing
Transportation, communication
Commerce
Others
---
Remarks:*1: estimated value, *2: values in 2009-2001 are estimated values calculated on the assumption of the population
growth rate of 1.5% after 2008, and
*3: ratios based on production prices in 2005.
Source:IMF Country Report Myanmar 2011, ADB Key Indicators 2011
Table 2.1-3 Economic growth rate announced by IMF
Year
Economic growth rate (estimation)
2013
6.3%
2014
6.4%
2015
6.5%
2016
6.5%
2017
6.5%
Source:IMF
International trade in 2007 (April 2007-March 2008) before transition to civilian rule, which
was realized in 2011, expanded to 35,296.8 million kyats in export with a 17.6% increase over the
previous year, and to 18,418.9 million kyats in import with a 9.4 % increase over the previous year.
Balance of trade is in the black for 6 consecutive years, and balance of current account is in the
black of 16,877.9 million kyats. Main export items are: natural gas 13,937.9 million kyats with a
19.4% increase over the previous year, a beans group 3,462.5 million kyats with a 1.0% decrease
over the previous year, and sewn products 1,554.6 million kyats also with a 2.9% decrease. On the
other hand, main import items are: general and transport machines (extracting machinery for
natural gas, containers, trucks, etc.) being the largest with 2,718.2 million kyats with a 53.1%
increase over the previous year; next essential oil (mainly diesel oil) with 2,034 million kyats with
a 48.7% decrease; and then nonmetal and nonmetal products with 1,206.2 million kyats with a
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