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In 2013, its GDP (nominal) stood at US.7 billion and its GDP (PPP) at US1.5 billion.

Official United States policy retains Burma as the country's name, although the State Department's website lists the country as "Burma (Myanmar)" and Barack Obama has referred to the country by both names.Myanmar is known with a name deriving from Burma as opposed to Myanmar in Spanish, Italian, Romanian, and Greek – Birmania being the local version of Burma in the Spanish language, for example.Myanmar used to be known as "Birmânia" in Portuguese, and as "Birmanie" in French.It was one of several competing city-states until the late 10th century when it grew in authority and grandeur.Pagan gradually grew to absorb its surrounding states until the 1050s–1060s when Anawrahta founded the Pagan Kingdom, the first ever unification of the Irrawaddy valley and its periphery.

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