Myanmar Energy Statistics 2019

Abstract

The Republic of the Union of Myanmar has achieved remarkably high economic growth, with average gross domestic product (GDP) growth rate of 7.28% over 2010 to 2017, the second-highest growth rate among ASEAN member states during the same period. Myanmar’s real GDP per capita was US$1,300 in 2017. This strong economic growth during the last 6 years was also accompanied by an increase in energy consumption in all sectors. Myanmar is endowed with abundant, rich natural resources that, if fully developed, would be sufficient to meet most of the country’s daily energy needs. Myanmar’s energy policy is generally aimed at ensuring energy independence by increasing national production of available primary energy resources through intensive exploration and development activities. Myanmar also acknowledges electricity as the main power source driving economic development and addresses the need to generate and distribute more power in terms of greater volume, density, and reliability. But, so far, the country does not have national energy statistics, especially energy balance tables. Consequently, nobody knows the accurate situation of both energy demand and supply sides.