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 2-3

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