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NAYPYITAW, Myanmar — The opposition party led by Nobel laureate Aung San Suu Kyi announced Saturday that it will participate in the country’s general election on Nov. 8 despite misgivings about transparency, in an effort to challenge the ruling military-backed party.

‘‘We will contest the election to continue implementing the democratic transition that has yet to be achieved,’’ Suu Kyi told reporters in Myanmar’s capital, Naypyitaw.

Suu Kyi is still unable to run for president, after lawmakers recently turned down efforts to amend the constitution.

Her party boycotted the 2010 polls because it considered the election rules to be unfair. It took part in by-elections in 2012 after changes were made, and won almost all of the seats it contested, which nonetheless represented a small bloc in Parliament.

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Myanmar was under army rule from 1962 until 2011, when the military-backed Union Solidarity and Development Party took power. President Thein Sein, a senior leader in the former military government, introduced surprising reforms, especially in the economy, but their pace has slowed, and the military still is the ultimate authority.

Asked whether the elections will be free and fair, Suu Kyi replied: ‘‘Not completely.’’

She said the main concern is the voter list, which she said contains ‘‘many, many errors. . . . It means that the voter concerned will not be allowed to cast his or her vote on the day of the election, and this is a grave concern for us.’’ Her party has repeatedly said the election cannot be free or fair if the constitution is not amended.

The constitution was enacted during military rule, and gives the army a dominant say in the administration of the country. One clause mandates that 25 percent of the seats in Parliament must be held by the military, ensuring it has veto power over constitutional amendments. Another clause has the effect of barring Suu Kyi from the presidency.

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Suu Kyi’s party was on the cusp of taking power in 1990, when it won a landslide victory two years after a prodemocracy uprising was crushed by the military, and Suu Kyi — daughter of the country’s independence hero, General Aung San — became the country’s most popular political figure.

However, the party’s victory was declared invalid by the army, and two decades of sharp repression followed.

A total of 498 seats for the lower and upper houses, 644 regional and state Parliament seats, and 29 seats representing ethnic groups are up for grabs in November.

US State Department spokesman Mark Toner said last week a credible vote would be an important step in Myanmar’s democratic transition.