Myanmar Population 2016People of Myanmar 2016
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1960-2018 Myanmar Population| 1960-2018 Things to do Than | Graphic | Calendar Prediction
Myanmar's overall population was expected to reach 52.9 million in 2016. In 1960, Myanmar had a population of 21.0 million in retrospect. This enables customers to access tens of thousands of historical information, access our real-time business calendars, sign up for newsletters, and get currency, commodity, equity and bond prices.
Myanmar's population accounts for 0.70 per cent of the population of world´s, which means that every 144th human being in the world lives in Myanmar. Myanmar population - current figures, historic dates, forecasts, graphs, stats, business calendars and newsworthiness. The Myanmar population - current dates, historic graph and publication schedule - was last revised in July 2018.
People of Myanmar - Overview - 2016
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Increasing income in Myanmar contributes to the expansion of the median classes | Myanmar 2016
KFC, a US-based restauranteur group, opened its gates in Yangon city centre in July 2015, making it the first West Asian quick serve restauranteur in Myanmar. Myanmar's obvious appeal as a place to eat is just one of many indications that the Myanmar mid-range has expanded at a rapid pace in recent years. Further evidence is the fact that the number of cars in Yangon more than doubles from 180,000 in 2007 by April 2014, according to the Yangon City Development Committee, indicating both an increase in discrete spending and a rising demand for relatively large objects.
Recent developments in a number of high-end speciality coffeebars in Yangon also reflect the changed appetite and consumer behaviour of a rising, predominantly metropolitan, middle-class population. The World Bank classified Myanmar as a low-middle-income economy in July 2015, whereas it used to be a low-income state. The appreciation is due to Myanmar's ever bettering economy over the past two years and in particular to the population' s rising level of incomes.
The World Bank reports that per head GNI in 2014 was $1270, the last year for which this number was available. Burma was one of only 10 nations in the world to have jumped the parentheses in the recent per head ESD overhaul. It is based on Myanmar's exponential growth in livelihood.
According to UN and World Bank figures, the country's per-capita income almost nearly doubles between 2010 and 2014, climbing from an estimate of $800 per year to $1200 over a four-year span. Although gross national product and per head GDP are growing, the proportion of Myanmar's population of over 51 million people in the median tier has also increased.
The Boston Consulting Group (BCG) reported in 2013 that around 5. 3 million in Myanmar, or about 10% of the population, earn more than $120 per months, which was the minimal limit for Myanmar's SMBs. In the company's survey, around 27% of the population reported an increase in discrete expenditure over the 2012/13 timeframe.
Four per cent of the country's population should be considered low-income or impoverished, compared to 23 per cent. Myanmar's constant move towards SMEs in recent years has been a series of state-driven reform and policy. Public sector action aims to control price levels and levels of consumption, promote cost-cutting, strengthen local commitment to the official bank sector, develop general and vocational learning throughout the countryside and improve communication and transportation infrastructures at home.
This has contributed significantly to increasing trading income, FDI and public revenue benefiting not only the elites but also the population. A 2014 Asian Development Bank (ADB) survey, "Myanmar: The" United the Potential - Country Diagnostic Study", the main driver for the further growth of the mid-range in the years to come, is the continuing economic diversity, with a particular emphasis on the recently flourishing industrial and service industries.
In the longer run, the ADB reports that although Myanmar's youth population is a core asset, "without significant investments in the growth of the population.... the prospect of a population drop could well turn into a dastard. Against this background, it is generally regarded as one of the country's main areas of economic growth and employment.
The increase in German buying strength promises good prospects for a large number of sectors of the economy. Burma still lags far behind most of its neighbors in East Asia and the ASEAN countries. The BCG reports show that by the end of 2013, only four out of ten people in the countryside had visited a restaurant and only a fourth had taken a holiday.
The Myanmar Times, a daily newspaper located in Yangon, reports in June 2015 that from mid-2014 to mid-2015 wireless coverage rose from around 33% of the population to almost 55%, according to the Ministry of Communications and Information Technology. In two of the country's three cell phones providers, smart phones make up more than 80% of all phones accessing their cellular phones, suggesting a technically skilled consumer basis with increasing buying strength.
Also, the retailing industry has benefited from the surge in consumption expenditure associated with Myanmar's growing centre-range. The Myanmar Retailers Association reports that retailers grew by 7% to 15% in the 2012-14 region, according to line of products.
In Myanmar, a number of multinational companies have established themselves in recent years to address the growing consumption bill. Over the past two years, Lotteria, a Southern Korea standalone store, and the Chinese stand-up store Freshness Burger have established themselves in the state.
Coca Cola, the US beverage company, and a number of overseas breweries have recently started production in Myanmar, with the main goal of supplying the local markets and ultimately other regions of the area. Relatively competitively priced labor costs have made Myanmar a favourite location for export-oriented production since 2011.
In fact, it is important to realize that the Myanmar mid-level population was still quite small at the end of 2015, although it attracted a significant number of newsmen. The 2013 survey - the first in 30 years - found that only 0.5% of Myanmar's population had all the advanced communications facilities in their houses - which included wireless, TV, landline and/or cell phones, computers and the Web - and 30 per cent of the population.
Three percent of the population had none of that. Similarly, counts showed that only 3. 1% of the population possessed an automotive vehicle, while nearly 39% possessed a motorbike or a motopic.