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![]() Yangon, the financial center of Myanmar | |
Currency | Myanmar Kyat (MMK) |
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1 October– 30 September | |
Trade organisations | WTO, ASEAN, BIMSTEC, RCEP, G77, AFTA, ADB and others |
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Statistics | |
Population | ![]() |
GDP | |
GDP rank | |
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All values, unless otherwise stated, are in US dollars. |
The economy of Myanmar is the seventh largest in Southeast Asia.[6] After the return of civilian rule in 2011, the new government launched large-scale reforms, focused initially on the political system to restore peace and achieve national unity and moving quickly to an economic and social reform program.[7] Current economic statistics were a huge decline from the economic statistics of Myanmar in the fiscal year of 2020, in which Myanmar’s nominal GDP was $81.26 billion and its purchasing power adjusted GDP was $279.14 billion.[6] Myanmar has faced an economic crisis since the 2021 coup d'état.
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