Country Overview

  • Large population of over 54 million.
  • Agriculture is a key sector of Myanmar’s economy providing over 50% of the country’s GDP, over 48% of its exports and employment for over 70% of its population.
  • Myanmar connects the world’s two most populous countries of China and India, and serves as a bridge between South Asia and South East Asia.
  • Development of the ASEAN Economic Community (AEC) in 2015 will accelerate Myanmar’s development and connection to a further 700 million people and combined GDP of over US$3 trillion.
  • GDP continues to rise rapidly increasing 7% in 2014 and is expected to quadruple by 2030
  • Low levels of competition with only a small number of international companies already in market presents excellent opportunities for companies that can enter the market early.
  • Yangon’s new airport is due for completion in 2020.
  • English is widely spoken.