Economy Overview
The World Bank in 2016 formally reclassified Cambodia as a lower middle-income country as a result of continued rapid economic growth over the past several years. Cambodia’s graduation from a low-income country will reduce its eligibility for foreign assistance and will challenge the government to seek new sources of financing. The Cambodian Government has been working with bilateral and multilateral donors, including the Asian Development Bank, the World Bank and IMF, to address the country's many pressing needs; more than 30% of the government budget comes from donor assistance. A major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance.
Agriculture Products
rice, rubber, corn, vegetables, cashews, cassava (manioc, tapioca), silk
Industries
tourism, garments, construction, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles
Industrial Production Growth Rate
10.6% (2017 est.)
Labor Force
7.897 million (2017 est.)
Labor Force by Occupation
Agriculture: 48.7%
Industry: 19.9%
Services: 31.5% (2013 est.)
Unemployment Rate
0.2% (2012 est.)
Population Below Poverty Line
17.7% (2012 est.)
Household Income or Consumption by Percentage Share
Lowest 10%: 2%
Highest 10%: 28% (2013 est.)
Distribution of Family Income Gini Index
41.9 (2004 est.)
Budget
Revenues: $4.268 billion
Expenditures: $4.69 billion (2017 est.)
Public Debt
29.1% of GDP (2016 est.)
Central Bank Discount Rate
5.25% (31 December 2007)
Commercial Bank Prime Lending Rate
Stock of Narrow Money
$1.748 billion (31 December 2016 est.)
Stock of Broad Money
$14.5 billion (31 December 2016 est.)
Stock of Domestic Credit
$11.82 billion (31 December 2016 est.)
Market Value of Publicly Traded Shares
$NA
Reserves of Foreign Exchange and Gold
$9.122 billion (31 December 2016 est.)
Debt External
$10.3 billion (31 December 2016 est.)
Stock of Direct Foreign Investment at Home
$29.17 billion (2014 est.)
Stock of Direct Foreign Investment Abroad
Exchange Rates
4,037.5 (2013 est.)
