Building a Strong Middle Class in Asia

Investing in training and practical education will stimulate and diversify the job market in Asia - moving the poor into middle class. Watch Video

Energy Cooperation in the GMS: Progress, Prospects, and Priorities

An ADB report, Assessment of the Greater Mekong Subregion Energy Sector Development: Progress, Prospects, and Regional Investment Priorities, updates information on regional energy resources and analyzes prospects for energy sector development and how regional cooperation can contribute to national goals. Read More

Asian Economies Bounce Back

Developing country economies in Asia are returning to strong growth driven by rising consumption and intraregional trade. Read More

Risk of Asset Price Bubble Looms over Emerging East Asia

Strong demand for emerging East Asia’s local currency bonds continues but regulators must manage risks from high capital inflows. Read More

Overview

Myanmar embarked on a path of political and economic reforms in 2011, paving the way for developing the country’s large potential.

According to a 2012 ADB study, Myanmar could follow Asia’s fast growing economies and expand at 7% to 8% a year, become a middle income nation, and triple per capita income by 2030 if it can surmount substantial development challenges by further implementing across-the-board reforms.

In August 2012, ADB stepped up its presence in Myanmar by assigning more staff to extended missions in the country.

Fast Facts

61.12 (2012)
Population in millions

1.1% (2010–2012)
Annual population growth rate

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

Fact Sheet

Proposed Projects

10 Apr 2013 46485-001: Capacity Development of the National Statistical System of Myanmar
27 Mar 2013 46490-001: GMS Capacity Building for HIV/AIDs Project (Strengthened National Response to HIV and AIDS in Myanmar)
26 Mar 2013 46390-002: Power Transmission and Distribution Improvement Project
View all proposed

Approved Projects

9 Apr 2013 46390-001: Preparing the Power Transmission and Distribution Improvement Project
26 Mar 2013 46369-001: Support for Education Sector Planning
14 Feb 2013 46442-001: Financial Management Assessment of Energy Sector
View all approved

ADB Lending

Amount ($M) / %
Sector (No. of loans)
316.10 / 59.54
Agriculture (15)
 
26.80 / 5.05
Energy (4)
 
20.00 / 3.77
Finance (2)
 
63.10 / 11.89
Health (2)
 
26.40 / 4.97
Industry and Trade (3)
 
42.50 / 8.01
Transport and ICT (2)
 
35.96 / 6.77
Water Supply (4)
 
530.86 / 100.00
TOTAL (32)
Cumulative as of 31 December 2012

Publications

Apr 2013 Asian Development Bank and Myanmar: Fact Sheet

Apr 2013 ADB Annual Report 2012

Apr 2013 Asian Development Outlook 2013: Asia's Energy Challenge

View all publications

News Releases

22 Apr 2013 ADB Assistance Tops $21.5 Billion in 2012
9 Apr 2013 Developing Asia's Growth Steps Up to 6.6% in 2013
9 Apr 2013 Myanmar to Grow Strongly as Reforms Roll Out, Investment Rolls In
9 Apr 2013 Asia's Future Prosperity Requires Major Change in Energy Use
2 Apr 2013 Mekong Countries Seek Greater Cooperation on Green Agriculture
View all news releases

Quick Links

Fact Sheet
Economic Data

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