Compounded Impacts of COVID-19 and Military Takeover on Entrepreneurs in Myanmar

Published on 30 November 2021

Months after the earliest reports of COVID-19 in Myanmar, UNDP initiated the round 1 study interviewed sample of 733 firms in November 2020 to observe the impacts of pandemic on businesses. The round 2 study was conducted in October 2021, interviewed sample of 733 firms (461 longitudinal + 251 additional), observing the compounded impacts following the February 1 events on businesses.

Following the onset of the COVID-19 global pandemic, international, national, and local economies were greatly impacted. Supply chains, tourism, and businesses from multiple sectors suffered as a direct consequence of COVID-19. As the pandemic persists, international governments continue to adjust response strategies as global conditions continue to deteriorate. Approximately seven months after COVID-19 was confirmed in Myanmar, conditions have been observed among entrepreneurs, focusing on impact across sectors and strategies to adapt. These challenges were further compounded by the military coup that occurred on 1 February 2021, resulting in further economic changes for businesses. Thus, to evaluate change since the onset of COVID-19 and the 1 February military coup, these dashboards present the results of the two rounds of survey with businesses following these two significant and ongoing events in Myanmar.