Is 1 million yuan considered a rich person in Myanmar?

One million yuan is not considered a wealthy person in Myanmar. Because 1 million yuan is equivalent to about 215 million kyat, and a local house in Myanmar is equivalent to about 3 million yuan. 1 million yuan is really not considered rich in Myanmar.

If you just travel to Myanmar, 1 million yuan can be said to be a huge amount of money in Myanmar. Therefore, as long as you don’t consider buying a house in Myanmar, holding 1 million yuan in Myanmar is enough. He is a very wealthy man, but there is still a gap between him and the rich people in Myanmar.

Myanmar’s economic development and consumption level:

Myanmar is a Southeast Asian country and is known as the Land of Emeralds. However, Myanmar’s economy has developed very averagely and its consumption level is also very low. .

Although Myanmar's development is not as good as China's, it does not mean that there are no rich people in Myanmar. Although Myanmar's overall economic level is average, it has developed quite well in the past few years, and its economic level has improved significantly. As a result, there are more and more wealthy people in Myanmar.

One million yuan is not a small sum of money in Myanmar. Although it is nothing in the eyes of the truly wealthy people in Myanmar, for most ordinary people in Myanmar, it is still a huge amount of money. Of course, if If a Myanmar family owns 1 million yuan, then there is almost no need to worry about money, because Myanmar’s consumption level is too low.