Myanmar Population Growth Rate MMRPOPGR Economic
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What is Myanmar Population Growth Rate?
The Myanmar Population Growth Rate (MMRPOPGR) measures the percentage change in Myanmar's total population over a specified period, typically one year. This demographic indicator is crucial for economists and policymakers as it directly influences labor supply, demand for goods and services, and the strain on public resources like healthcare and education. A rising growth rate can signal a young, potentially expanding workforce, but also increased pressure on infrastructure and potential unemployment if job creation lags. Conversely, a declining rate might indicate an aging population, a shrinking workforce, and potential challenges in sustaining economic output and social security systems. The calculation involves comparing the total population at the end of a period to the population at the beginning, accounting for births, deaths, and net migration. Changes in MMRPOPGR are closely watched for their implications on long-term economic planning, investment decisions, and social policy development. For instance, a high and sustained growth rate might prompt investment in education and job creation, while a slowing rate could necessitate policies addressing an aging demographic.
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