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Burma Economy
GDP:
purchasing power parity - $74.53 billion (2003 est.)
GDP - real growth rate:
-0.5% (2003 est.)
GDP - per capita:
purchasing power parity - $1,800 (2003 est.)
GDP - composition by sector:
agriculture: 57.2%
industry: 9.6%
services: 33.1% (2003 est.)
Investment (gross fixed):
11.8% of GDP (2003)
Population below poverty line:
25% (2000 est.)
Household income or consumption by percentage share:
lowest 10%: 2.8%
highest 10%: 32.4% (1998)
Inflation rate (consumer prices):
49.7% (2003 est.)
Labor force:
22.14 million (2003 est.)
Labor force - by occupation:
agriculture 70%, industry 7%, services 23% (2001 est.)
Unemployment rate:
4.2% (2003)
Budget:
revenues: $7.9 billion
expenditures: $12.2 billion, including capital expenditures of $5.7 billion (FY96/97)
Industries:
agricultural processing; knit and woven apparel; wood and wood products; copper, tin, tungsten, iron; construction materials; pharmaceuticals; fertilizer; cement
Industrial production growth rate:
NA
Electricity - production:
6.139 billion kWh (2001)
Electricity - production by source:
fossil fuel: 44.5%
hydro: 43.4%
other: 12.1% (2002)
nuclear: 0%
Electricity - consumption:
5.709 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
18,590 bbl/day (2002 est.)
Oil - consumption:
38,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
115 million bbl (1 January 2003)
Natural gas - production:
7.35 billion cu m (2001 est.)
Natural gas - consumption:
2.15 billion cu m (2001 est.)
Natural gas - exports:
5.2 billion cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
314.4 billion cu m (1 January 2003)
Agriculture - products:
rice, pulses, beans, sesame, groundnuts, sugarcane; hardwood; fish and fish products
Current account balance:
$-35 million (2003)
Exports:
$2.434 billion f.o.b. (2003 est.)
Exports - commodities:
Clothing, gas, wood products, pulses, beans, fish, rice
Exports - partners:
Thailand 30.3%, US 9.8%, India 9%, China 5.6%, Japan 4.6% (2003 est.)
Imports:
$2.071 billion f.o.b. (2003 est.)
Imports - commodities:
Fabric, petroleum products, plastics, machinery, transport equipment, construction materials, crude oil; food products
Imports - partners:
China 28.9%, Singapore 20.8%, Thailand 14%, Malaysia 9.3%, South Korea 5.5%, Taiwan 5.1%, Japan 4% (2003 est.)
Reserves of foreign exchange & gold:
$562 million (2003)
Debt - external:
$6.011 billion (2003 est.)
Economic aid - recipient:
$127 million (2001 est.)
Currency:
kyat (MMK)
Currency code:
MMK
Exchange rates:
kyats per US dollar - 6.0764 (2003), 6.5734 (2002), 6.6841 (2001), 6.5167 (2000), 6.2858 (1999)
note: these are official exchange rates; unofficial exchange rates ranged in 2003 from 100 kyat/US dollar to nearly 1000 kyat/US dollar
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