The 2008 CIA World Factbook. United States. Central Intelligence Agency

The 2008 CIA World Factbook - United States. Central Intelligence Agency


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million (2007 est.)

      Labor force - by occupation:

      agriculture: 70% industry: 7% services: 23% (2001)

      Unemployment rate:

      5.2% (2007 est.)

      Population below poverty line:

      32.7% (2007 est.)

      Household income or consumption by percentage share:

      lowest 10%: 2.8% highest 10%: 32.4% (1998)

      Investment (gross fixed):

      13.1% of GDP (2007 est.)

      Budget:

      revenues: NA expenditures: NA (2007 est.)

      Fiscal year:

      1 April - 31 March

      Inflation rate (consumer prices):

      35% (2007 est.)

      Central bank discount rate:

      12% (31 December 2007)

      Commercial bank prime lending rate:

      17% (31 December 2007)

      Stock of money:

      $598 billion note: This number reflects the vastly overvalued official exchange rate of 5.38 kyat per dollar. At the unofficial black market rate of 1305 kyat per dollar, the stock of kyats would equal only US$2.465 billion and Burma's velocity of money (the number of times money turns over in the course of a year) would be six, in line with the velocity of money for other countries in the region. (31 December 2007)

      Stock of quasi money:

      $216.9 billion (31 December 2007)

      Stock of domestic credit:

      $887.7 billion (31 December 2007)

      Agriculture - products:

      rice, pulses, beans, sesame, groundnuts, sugarcane; hardwood; fish and fish products

      Industries:

      agricultural processing; wood and wood products; copper, tin, tungsten, iron; cement, construction materials; pharmaceuticals; fertilizer; natural gas; garments, jade and gems

      Industrial production growth rate:

      9% (2007 est.)

      Electricity - production:

      5.961 billion kWh (2006 est.)

      Electricity - consumption:

      4.289 billion kWh (2006 est.)

      Electricity - exports:

      0 kWh (2007 est.)

      Electricity - imports:

      0 kWh (2007 est.)

      Electricity - production by source:

      fossil fuel: 44.5% hydro: 43.4% nuclear: 0% other: 12.1% (2002)

      Oil - production:

      21,900 bbl/day (2007 est.)

      Oil - consumption:

      43,140 bbl/day (2006 est.)

      Oil - exports:

      5,000 bbl/day (2006 est.)

      Oil - imports:

      22,180 bbl/day (2005 est.)

      Oil - proved reserves:

      50 million bbl (1 January 2008 est.)

      Natural gas - production:

      12.6 billion cu m (2006 est.)

      Natural gas - consumption:

      3.62 billion cu m (2006 est.)

      Natural gas - exports:

      9.9 billion cu m (2007 est.)

      Natural gas - imports:

      0 cu m (2007 est.)

      Natural gas - proved reserves:

      283.2 billion cu m (1 January 2008 est.)

      Current account balance:

      $1.427 billion (2007 est.)

      Exports:

      $6.122 billion f.o.b. note: official export figures are grossly underestimated due to the value of timber, gems, narcotics, rice, and other products smuggled to Thailand, China, and Bangladesh (2007 est.)

      Exports - commodities:

      natural gas, wood products, pulses, beans, fish, rice, clothing, jade and gems

      Exports - partners:

      Thailand 44.3%, India 14.5%, China 7.1%, Japan 5.7% (2007)

      Imports:

      $2.942 billion f.o.b. note: import figures are grossly underestimated due to the value of consumer goods, diesel fuel, and other products smuggled in from Thailand, China, Malaysia, and India (2007 est.)

      Imports - commodities:

      fabric, petroleum products, fertilizer, plastics, machinery, transport equipment; cement, construction materials, crude oil; food products, edible oil

      Imports - partners:

      China 33.7%, Thailand 19.1%, Singapore 15.5%, South Korea 5.8%,

       Indonesia 5.2%, Malaysia 4.2% (2007)

      Economic aid - recipient:

      $144.7 million (2005 est.)

      Reserves of foreign exchange and gold:

      $2.262 billion (31 December 2007 est.)

      Debt - external:

      $7.022 billion (31 December 2007 est.)

      Market value of publicly traded shares:

      $NA

      Currency (code):

      kyat (MMK)

      Currency code:

      MMK

      Exchange rates:

      kyats (MMK) per US dollar - 1,296 (2007), 1,280 (2006), 5.761 (2005), 5.7459 (2004), 6.0764 (2003) note: unofficial exchange rates ranged in 2004 from 815 kyat/US dollar to nearly 970 kyat/US dollar, and by yearend 2005, the unofficial exchange rate was 1,075 kyat/US dollar; data shown for 2003–05 are official exchange rates

      Communications

       Burma

      Telephones - main lines in use:

      503,900 (2005)

      Telephones - mobile cellular:

      214,200 (2006)

      Telephone system:

      general assessment: meets minimum requirements for local and intercity service for business and government domestic: system barely capable of providing basic service; cellular phone system is grossly underdeveloped with a subscribership base of less than 1 per 100 persons international: country code - 95; landing point for the SEA-ME-WE-3 optical telecommunications submarine cable that provides links to Asia, the Middle East, and Europe; satellite earth stations - 2, Intelsat (Indian Ocean) and ShinSat (2007)

      Radio broadcast stations:

      AM 1, FM 2, shortwave 3 (2007)

      Radios:

      4.2 million (1997)

      Television broadcast stations:

      4 (2008)

      Televisions:

      320,000


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