ABSTRACT
Economy Monetary unit Kyat (MMK) Exchange rate (fourth quarter of 2013) to: The pound sterling MMK 1,555 The US dollar MMK 961 The euro MMK 1,308 The yen ×100 MMK 958 Average annual inflation (1998-2007) 4.63% Inflation rate 3.50% Gross domestic product (GDP) MMK 51,727 bn GDP per capital MMK 848,325 Average annual real change in GDP (1998-2007) 9.28% Private consumption as a proportion of GDP 70.92% Public consumption as a proportion of GDP 70.92% Investment as a proportion of GDP (2010) 22.70%
Construction Gross value of construction output – Net value of construction output (2012) MMK 2,515.9 bn Net value of construction output as a proportion of GDP (2012) 4.8%
The net output of construction industry in 2012 was kyats 2,515.9 billion, or 4.8% GDP.
