How many millionaires are there in Myanmar?

Who is the wealthiest person in Myanmar?

Here are the top 10 Richest People in Myanmar

  • Tay Za.
  • Htun Myint Naing. …
  • Zaw Zaw. …
  • Aung Thet Mann. …
  • Michael Moe Myint. …
  • U Eike Tun. …
  • Wunna Kyawhtin Htay Myint. …
  • Khin Shwe. Khin Shwe has served as a Member of Parliament from 2011 to 2016. …

How much is rich in Myanmar?

The economy of Myanmar has a nominal GDP of USD $76.09 billion in 2019 and an estimated purchasing power adjusted GDP of USD $327.629 billion in 2017 according to the World Bank.

Economy of Myanmar.

Statistics
GDP US$75.50 billion (nominal, 2020 est.) $275.513 billion (PPP, 2020 est.)
GDP rank 73rd (nominal, 2019) 50th (PPP, 2019)

Where do the rich live in Myanmar?

Rich in Myanmar

The Rangoon elite have traditionally lived around the lake Aung San Suu Kyi lives on central Yangon. A diplomat told Newsweek, “It’s tale of two nations. The elite live in the First World of Rolexes, Land Rovers and gold rings. The rest live in the ‘Third World.

Are Myanmar people rich?

Like most countries of the world, Burma has extremes of wealth and poverty. Once prosperous, Burma was, in 2001, one of the poorest countries of the world. … Most people live in the 40,000-odd villages of the country, while the majority of the urban population resides in the capital city of Rangoon.

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How many millionaires are there in Myanmar?

Wealth-X, a firm which gathers intelligence on wealth, estimates in its World Ultra Wealth Report that there are 40 individuals in Myanmar currently who have assets worth $30 million or more. It sees that number growing by 687 percent to 307 by 2022, the fastest pace of growth anywhere in the world.

Is Philippines richer than Myanmar?

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Myanmar ranked 71st with $71.2B. By GDP 5-years average growth and GDP per capita, the Philippines and Myanmar ranked 21st vs 13th and 134th vs 164th, respectively.

How strong is Myanmar army?

And, since the coup, it is now formally back in power. In absolute terms, this professional army is the 11th largest in the world, with some 406,000 soldiers in active duty as of 2019, according to the International Institute for Strategic Studies.

How does Myanmar make money?

Agriculture, forestry, and fishing. Agriculture, forestry, and fishing together constitute the largest contributor to Myanmar’s economy.

Is Myanmar rich or poor?

Government and Economy in Myanmar. At the end of British rule, Myanmar was the second richest country in Southeast Asia. Because of years of isolationist policies, it is now one of the poorest, and around 26 percent of the population lives in poverty.