Myanmar Poverty StatisticsBurma Poverty Statistics
Of Myanmar's people, 32 percent are living below the poverty line.
Of the 15.8 million people living in poverty, 13.8 million are living in the countryside. Poverty has fallen from 48.2 percent in 2004 to 32.1 percent in 2015. Though the Myanmar economies are sprouting, they are faltering. The GDP forecast is lowered: from + 7 percent to + 6.7 percent. Burma wants to provide China with political and financial assistance while at the same time extending its co-operation with other states.
Of the 15.8 million who live below the poverty line, 13.8 million are in the countryside. Since 2004, poverty has fallen significantly from an estimate of 48.2 percent to 32.1 percent in 2015. Beyond the 32 percent who live below the poverty line, another 14 percent are almost ineligible.
Just one third of homes have power from the mains and almost 3 out of 10 do not have year round shelter. In spite of its recent economic expansion, Myanmar's economic situation has been set back. U Kyaw Win, Minister of Finance and Government, last weekend acknowledged that Myanmar's economic performance was not improving as well as anticipated, six month after he likened the country's economic situation to a jets aircraft that was about to take off.
This year, the International Monetary Fund has reduced its GDP increase projection for Myanmar from 7 to 6.7 percent. Myanmar has been seeking China's embassy and business assistance in the face of police pressures and threats of penalties to deal with the Rakhine state' human rights situation.
In this way, the German authorities are stepping up business co-operation with other nations such as Singapore, Vietnam, Thailand, South Korea, India and Japan.
A third of Myanmar's people remain in poverty.
A third of Myanmar's people either live in poverty or are almost destitute, despite a significant decline in poverty over the past ten years, according to a new estimation by the Department of Planning and Finance and the World Bank, basing it on the 2015 livelihood. Together, the Department and the World Bank have published the second part of the two-part Myanmar Poverty Assessment, which is published on the basis of the Myanmar Poverty and Living Condition Survey 2015.
It included a review and re-base of poverty forecasts to take account of changes in domestic consumerism. In Myanmar, poverty reduction revisions cover consumer goods such as cell telephones and the Ministry of Health and Sport's latest caloric assessments. The World Bank said on 12 December that poverty has fallen significantly since 2004, from an estimate of 48.
There are 8 million inhabitants living below the poverty line in this land. "A better understand of the qualities and profile of the most needy and the pressures they face will allow us to plan appropriate responses-and help alleviate poverty for all in Myanmar," said U Maung Maung Tin, general manager in the planning department of the Ministry of Planning and Finance.
According to the paper, the trend in low-paid homes is towards fewer working aged people and more relatives and fewer sources of incomes, such as rural areas or agricultural equipment. Extremely impoverished people work disproportionally in the agricultural economy as occasional workers or smallholders and have few alternative sources of livelihood.
It underlines the repercussions of adverse effects on the economy of human and climatic conditions and estimates that half of the economy was affected by such impacts over a 12-month horizon and 4% of working day loss due to illness. "With a better appreciation and agreement on the extent and sharing of poverty in Myanmar, the World Bank is now in a better situation to help Myanmar's poverty reduction effort and foster clear and inclusive growth," Ms. Kwakwa said.
Poverty eradication is part of a set of analytic work described in the World Bank's Country Partnership Framework (CPF) for Myanmar. Myanmar Times has summarized the main results of the review below. According to the new estimates, poverty is much higher in the countryside than in the cities:
8% of the country dwellers are expected to be impoverished in comparison to 14. The poverty is still distributed geographically: in mountain and coastline areas, 4 out of 10 of the populations are impoverished and 1 out of 6 will look after their staple foods, while 65% of the world' s population are in the arid zones and the rivers.
Low-income families usually have more members of the household and more young and older relatives per workingaproach. Poverty-seekers are more than proportionately focused on the rural economy, either as occasional workers or smallholders, and are less diverse in their work. Well-needed poverty is strongly associated with low farm or farm labor income and strong dependence on the major fruit of the moon.
Poorer budgets are generally less involved in the informal sector and have less effective means of accessing government records that provide easy and safe means of accessing government resources, enforcing their demands and privileges, and conducting safe commercial operations. In Myanmar, poverty diminishes the standard of living for all and restricts the child's capacity by various means.
Undernourishment, high child deaths as well as low educational attainment restrict the bodily and cultural growth of disadvantaged families, which has an impact on employment results. About a third of homes claim to limit the nutritional value of their homes due to inadequate natural resource use, while 8% of homes reported a shortage of them.
There have been stories of low value foods from impoverished and almost impoverished homes. Even though attendance levels in elementary schooling are high for both richer and less well-off kids, low-income kids fall behind before getting out. Myanmar has 6 out of 10 kids starting first class dropped out before the end of high schools.
The whole poverty pattern shows problems of good-quality. Bad and unhealthy living conditions are the most frequent shocks to the well-being of people. Expenditure on healthcare is high and almost entirely out of one's own pockets, and the number of working hours wasted is considerable, putting a great strain on budgets. Just one third of homes have power via the local power network.
Indeed, almost 3 out of 10 population have no year round better sanitation and many countryside areas have no direct connection to the vital infrastructures needed to tap domestic and foreign market. In addition to the 32 pc in poverty, another 14 pc are near-poor because those homes are within 20 pc of the poverty line.
Small unforeseen surprises can put them back into poverty for these budgets. Budgets are reporting expensive surprises such as adverse effects on the environment and public healthcare, which limit their capacity to concentrate on longer-term investment and lead to damaging management policies. Unforeseen personal or social shock, such as a member's sickness, harvest failure or disaster, can have serious adverse effects and drive homes into poverty.
Budgets withstanding uncertainties are taking measures that impact on their capacity to make longer-term investment and enhance their well-being, which includes reducing their investment, disposing of key capital goods, retiring schoolchildren and taking out high-yielding credits.