Economy of Myanmar (2021)
|
GDP (billion USD)
|
64,3
|
Inflation Rate (%)
|
15 (2022 estimate)
|
|
Real GDP Growth Rate (%)
|
-18
|
Unemployment Rate (%)
|
2,1
|
|
Population (million)
|
54,8
|
Exports (billion USD)
|
15,3
|
|
Population Growth Rate (%)
|
0,7
|
Imports (billion USD)
|
14,6
|
|
GDP Per Capita (USD)
|
1172,7
|
|
|
References: World Bank, Myanmar Ministry of Commerce
Main Trade Partners:
Singapore, Thailand, China, India, Japan, South Korea
Main Export Items:
Mineral fuels, wood products, textile parts, vegetables
Main Import Items:
Vehicles, machine, iron-steel, mineral fuels, electrical devices
Bilateral Economic and Commercial Relations:
|
YEARS
|
EXPORT
|
IMPORT
|
VOLUME
|
BALANCE
|
|
2018
|
58.305.841
|
37.206.046
|
95.511.887
|
21.099.795
|
|
2019
|
45.128.236
|
52.708.683
|
97.836.919
|
-7.580.447
|
|
2020
|
52.059.525
|
48.429.578
|
100.489.103
|
3.629.947
|
|
2021
|
21.161.455
|
45.862.195
|
67.023.650
|
-24.700.740
|
|
2022 (1-11)
|
19.452.000
|
103.611.000
|
123.062.000
|
-84.159.000
|
References: TÜİK (million USD)
Main Export Items of Türkiye:
Sunflower oil (19%), offal, iron and steel
Main Import Items of Türkiye:
Textile products, raw lead, wood
“Economic and Commercial Cooperation Agreement” was signed on 20 April
2006.
Türkiye’s Official Development Assistance in Myanmar is 61,26 million USD
between years of 2004 and 2012 in total.
Turkish Cooperation and Coordination Agency has been involved in various
projects such as, support for “Lifesaving Measures for Childbirth” project,
medicine and medical device aid, grant for hospital devices and beds,
humanitarian aid for Arakan region and construction of orphanage, computer
laboratory, library, asphalt road, overhead power line, Turkish cemetery
and temporary shelter in order to contribute the development of Myanmar
since 2012.
The amount of aid provided through TIKA, Disaster and Emergency Managament
Presidency (AFAD) and Kızılay between 2012-2021 is approximately 13,4
million dollars.