Is Laos richer than Myanmar?
Myanmar with a GDP of $71.2B ranked the 71st largest economy in the world, while Laos ranked 118th with $18B. By GDP 5-years average growth and GDP per capita, Myanmar and Laos ranked 13th vs 11th and 164th vs 140th, respectively.
Is Myanmar or Laos better?
When it comes to major population centers, there is no doubt that Myanmar has more large cities than Laos, but it is the quality of the city that counts, not the number of people. In Laos, Vientiane is the capital and largest city in the country, and is one of the most stunning cities in Laos for tourists.
Is Myanmar a very poor country?
But despite being a large country in a region of economic growth, Burma is also the poorest country in the region. About a quarter of the population is living in poverty, and, despite Burma’s being an extremely resource-rich country, its economy is one of the least developed in the world.
Is Laos and Myanmar the same?
Laos is a landlocked country located on the Indo-Chinese Peninsula of South East Asia. It is bound by Vietnam to the east, Myanmar (Burma) and China to the north and northeast, Cambodia to the south and Thailand to the west…. Myanmar is located on the mainland of South East Asia.
What is the capital of Laos?
Why is Laos the poorest country?
Despite rapid growth, Laos remains one of the poorest countries in Southeast Asia. A landlocked country, it has inadequate infrastructure and a largely unskilled work force.