Myanmar
Myanmar, formerly known as Burma, is a diverse Southeast Asian nation located between India, China, Laos, and Thailand. The country occupies a strategic position on the Bay of Bengal, featuring a complex landscape that ranges from mountainous norther...
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With a safety index of 48/100, Myanmar offers moderate safety conditions for expats and their families.
Myanmar welcomes international tourists through multiple visa pathways. Citizens of the United States, United Kingdom, Canada, Australia, and most EU nations can obtain a tourist visa either through Myanmar's eVisa program (online application) or via visa on arrival at designated airports[1][4]. The eVisa system allows travelers to apply online before departure, with approval typically granted within days, eliminating the need to visit an embassy or consulate. Tourists can enter Myanmar through three international airports: Yangon International Airport, Nay Pyi Taw...
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19% below EU avg
25% below EU avg
60% below EU avg
70% below EU avg
Baselines based on EU averages. Source: Numbeo indices.
Capital
Naypyidaw
Timezone
UTC+06:30
Area
676,578 km²
Population
54,409,794
Myanmar shows a purchasing power index of 21/100, indicating below average economic conditions for expats.
GDP
$65.12B
HDI
0.6
Quality of Life
27/100
-16 vs NYC
Purchasing Power
9/100
-33 vs NYC
Understanding the economic landscape is essential for evaluating living costs and opportunities in Myanmar. This comprehensive overview covers key financial indicators including cost of living, housing markets, income levels, and fiscal policies that shape daily life and long-term financial planning.
Cost of Living Index
Very affordable (CPI: 38.2). Groceries (38.4), rent (10.5), and restaurants (16.4) are low compared to NYC=100 baseline, though high inflation (28% projected 2026) erodes gains.
Housing Market
Property prices average 20.8 years of household income. Rent index (10.5) offers affordability, with regional variations in urban areas.
Average Income Levels
Low purchasing power index of 20.5. GDP per capita ~$1,233 (2023), contracting economy limits income growth.
Tax System
Personal income tax 0-25%, commercial tax (VAT) 5% standard rate. Declining tax revenues amid economic contraction; high fiscal deficit (5-6% GDP) strains system.
Business Environment
Challenging due to conflict, earthquake impacts, and bureaucracy. No recent World Bank Doing Business rank; modest growth projected 1-3% FY2025-2027.
Social Security
Limited social safety nets with rising poverty (up 2.4%) and weak healthcare/pensions. Earthquake exacerbates vulnerabilities in rural areas.
Myanmar has a tropical monsoon climate with three distinct seasons: a cool, relatively dry season from November to February, a hot dry season from March to May, and a rainy monsoon season from May to October. The country's climate varies significantly by region due to its diverse topography, ranging from coastal areas receiving over 5,000 mm of annual rainfall to the central dry zone receiving less than 1,000 mm.
4 distinct climate regions — see full guide for details
Read full guideLife Expectancy
69.6
Population
54,409,794
Religions
Ethnic Composition
Research in Progress
We're currently analyzing expat perspectives for Myanmar. Check back soon for insights from real experiences!
We're gradually rolling out this feature and continuously improving the insights. The data is based on real expat discussions and will become more comprehensive over time.
Myanmar is governed by a military junta (State Administration Council) led by Min Aung Hlaing following a coup in February 2021. Prime Minister Nyo Saw was appointed in July 2025 as the country prepares for phased elections in limited constituencies. The junta maintains control of major urban centers but faces significant armed resistance, with military control limited to approximately 21 percent of national territory, while the country experiences ongoing humanitarian crisis and displacement.
Your Myanmar Roadmap
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Population
54,409,794
Currency
MMK
Timezone
UTC+06:30
Calling Code
+95
Week starts on
Monday
Gini Coefficient
30.7 (2017)
Traffic side
right side
Map coordinates not available for this location
Data Source: Safety, crime, and quality metrics are sourced from Numbeo, a crowd-sourced global database of reported data.
All scores are relative comparisons on a 0-100 scale, where 50 = global average. Higher scores mean better than average, lower scores mean worse than average.