Myanmar and ADB

In the Spotlight

Overview

Emerging from decades of economic, social, and political isolation, Myanmar today shows strong potential for inclusive growth and poverty reduction. Strong investment and improved business confidence underpin the country's economic growth performance. At 7.8% in  2014, economic growth was driven by commodity exports, buoyant tourism, and credit growth.

Sustaining Myanmar's development performance depends on continued reform momentum, the strengthening of institutions and capacities, and concerted efforts to improve infrastructure and service delivery. ADB's interim country partnership strategy for 2012-2014, which has been extended to 2016, seeks to support Myanmar in achieving sustainable and inclusive growth for job creation and poverty reduction.


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Funding Information


Fast Facts

61.65(2013) Population in millions

1.1%(2008-2013) Average annual population growth rate

25.6%(2010) Population living below the national poverty line

Download 2014 Basic Statistics