| Issue |
E3S Web Conf.
Volume 235, 2021
2020 International Conference on New Energy Technology and Industrial Development (NETID 2020)
|
|
|---|---|---|
| Article Number | 01022 | |
| Number of page(s) | 4 | |
| Section | Research on New Energy Technology and Energy Consumption Development | |
| DOI | https://doi.org/10.1051/e3sconf/202123501022 | |
| Published online | 03 February 2021 | |
Analysis of myanmar’s macroeconomic development
Yunnan Normal University, Kunming, China
a 2433383245@qq.com
*b limeijuan927@163.com
In recent years, the total GDP of myanmar has been increasing year by year. The year of 2018, the CPI growth rate reached 6.9%, although, the GDP growth rate of myanmar has increased to 6.8%, High economic growth and high inflation coexist. Myanmar’s unemployment rate is at a low level, stable at less than 2 percent. The import and export trade is in deficit. The net inflow of FDI is at a relatively stable low level. But there has been a big increase since 2010.In terms of international balance of payments, since 2012, with a large influx of foreign investment into myanmar’s infrastructure and other industries, the import demand for machinery and equipment has expanded significantly, and myanmar’s current account deficit has significantly expanded.
© The Authors, published by EDP Sciences, 2021
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