TOOL · GROSS COST

How much would a basic income cost in Myanmar (Burma)?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 40,862,504child population 13,271,294year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

455,982 million

in MMKMMK 455,982,249,600

GDP share not calculated

Population covered: 54,133,798 people

The exchange rate is missing. The cost is shown in local currency, without a GDP share.

Adults: 40,862,504 × MMK 800 × 12 = MMK 392,280,038,400

Children: 13,271,294 × MMK 400 × 12 = MMK 63,702,211,200

MMK 392,280,038,400 + MMK 63,702,211,200 = MMK 455,982,249,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $66,757,619,000 · World Bank WDI

Currency MMK