| Economy | Cambodia |
 = Fields  = World Records  = Dictionary  = Bar graph  = Distribution map  = Fields History  = Definitions |
Economy - overview:
|
From 2004 to 2007, the economy grew about 10% per year, driven largely by an expansion in the garment sector, construction, agriculture, and tourism. GDP contracted slightly in 2009 as a result of the global economic slowdown, but climbed more than 4% in 2010, driven by renewed exports. With the January 2005 expiration of a WTO Agreement on Textiles and Clothing, Cambodian textile producers were forced to compete directly with lower-priced countries such as China, India, Vietnam, and Bangladesh. The garment industry currently employs more than 280,000 people - about 5% of the work force - and contributes more than 70% of Cambodia's exports. In 2005, exploitable oil deposits were found beneath Cambodia's territorial waters, representing a potential revenue stream for the government if commercial extraction begins. Mining also is attracting significant investor interest, particularly in the northern parts of the country. The government has said opportunities exist for mining bauxite, gold, iron and gems. In 2006, a US-Cambodia bilateral Trade and Investment Framework Agreement (TIFA) was signed, and several rounds of discussions have been held since 2007. Rubber exports increased about 50% in 2011 due to continued demand for raw rubber, particularly from China, Malaysia, and Vietnam. The tourism industry has continued to grow rapidly, with foreign arrivals exceeding 2 million per year in 2007-08; economic troubles abroad dampened growth in 2009 but arrivals rebounded to over 2 million in 2010-11. The global financial crisis is weakening demand for many Cambodian exports, and construction is declining due to a shortage of credit. The long-term development of the economy remains a daunting challenge. The Cambodian government is working with bilateral and multilateral donors, including the World Bank and IMF, to address the country's many pressing needs. The 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. More than 50% of the population is less than 25 years old. The population lacks education and productive skills, particularly in the poverty-ridden countryside, which suffers from an almost total lack of basic infrastructure. |
GDP (purchasing power parity):
|
$32.95 billion (2011 est.)
$30.91 billion (2010 est.)
$29.17 billion (2009 est.)
note: data are in 2011 US dollars |
GDP - per capita (PPP):
|
$2,300 (2011 est.)
$2,200 (2010 est.)
$2,100 (2009 est.)
note: data are in 2011 US dollars |
GDP (official exchange rate):
|
$13.2 billion (2011 est.) |
GDP - real growth rate:
|
6.7% (2011 est.)
6% (2010 est.)
-2% (2009 est.) |
GDP - composition by sector:
|
agriculture: 30.9%
industry: 22%
services: 40% (2011 est.) |
Investment (gross fixed):
|
19.5% of GDP (2011 est.) |
Population below poverty line:
|
31% (2007 est.) |
Household income or consumption by percentage share:
|
lowest 10%: 3%
highest 10%: 37.3% (2007) |
Distribution of family income - Gini index:
|
44.4 (2007 est.)
40 (2004 est.) |
Inflation rate (consumer prices):
|
6.2% (2011 est.)
4% (2010 est.) |
Central bank discount rate:
|
NA% (31 December 2008)
5.25% (31 December 2007) |
Commercial bank prime lending rate:
|
15.6% (31 December 2011 est.)
15.633% (31 December 2010 est.) |
Stock of money:
|
$591.7 million (31 December 2008)
$513.6 million (31 December 2007) |
Stock of money - per capita:
|
41 USD per capita |
Stock of quasi money:
|
$3.197 billion (31 December 2009)
$2.328 billion (31 December 2008) |
Stock of quasi money - per capita:
|
218 USD per capita |
Stock of domestic credit:
|
$2.956 billion (31 December 2011 est.)
$2.64 billion (31 December 2010 est.) |
Stock of domestic credit - per capita:
|
202 USD per capita |
Stock of narrow money:
|
$886.9 million (31 December 2011 est.)
$789.9 million (31 December 2010 est.) |
Stock of broad money:
|
$5.522 billion (31 December 2011 est.)
$4.832 billion (31 December 2010 est.) |
Labor force:
|
8.8 million (2010 est.) |
Labor force participation rate:
|
59.86 % of population |
Labor force - by occupation:
|
agriculture: 57.6%
industry: 15.9%
services: 26.5% (2009 est.) |
Unemployment rate:
|
3.5% (2007 est.)
2.5% (2000 est.) |
Unemployment, youth ages 15-24:
|
total: 40.76%
male: 37.1%
female: 45.5% (2004) |
Budget:
|
revenues: $1.696 billion
expenditures: $2.543 billion (2011 est.) |
Budget revenues per capita:
|
116 USD per capita |
Taxes and other revenues:
|
12.8% of GDP (2011 est.) |
Budget surplus (+) or deficit (-):
|
-6.4% of GDP (2011 est.) |
Public debt:
|
void |
Industries:
|
tourism, garments, construction, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles |
Industrial production growth rate:
|
5.7% (2010 est.) |
Electricity - production:
|
1.377 billion kWh (2008 est.) |
Electricity - production per capita:
|
94 kWh per capita |
Electricity - consumption:
|
1.559 billion kWh (2008 est.) |
Electricity - consumption - per capita:
|
107 kWh per capita |
Electricity - exports:
|
0 kWh (2009 est.) |
Electricity - imports:
|
374 million kWh (2008 est.) |
Oil - production:
|
0 bbl/day (2010 est.) |
Oil - production per capita:
|
void |
Oil - consumption:
|
32,000 bbl/day (2010 est.) |
Oil - consumption - per capita:
|
0.79 bbl/year per capita |
Oil - exports:
|
0 bbl/day (2009 est.) |
Oil - imports:
|
33,200 bbl/day (2009 est.) |
Oil - proved reserves:
|
0 bbl (1 January 2011 est.) |
Natural gas - production:
|
0 cu m (2009 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2009 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
0 cu m (2009 est.) |
Natural gas - imports:
|
0 cu m (2009 est.) |
Natural gas - proved reserves:
|
0 cu m (1 January 2011 est.) |
Agriculture - products:
|
rice, rubber, corn, vegetables, cashews, tapioca, silk |
Current account balance:
|
-$1.143 billion (2011 est.)
-$991.8 million (2010 est.) |
Current account balance - per capita:
|
-77 USD per capita |
Exports:
|
$6.724 billion (2011 est.)
$5.527 billion (2010 est.) |
Exports per capita:
|
458 USD per capita |
Exports - commodities:
|
Clothing, timber, rubber, rice, fish, tobacco, footwear |
Exports - partners:
|
US 47.3%, Canada 7.5%, UK 6.8%, Germany 6.4%, Thailand 4.3%, Japan 4.1% (2010) |
Imports:
|
$9.084 billion (2011 est.)
$7.38 billion (2010 est.) |
Imports per capita:
|
618 USD per capita |
Imports - commodities:
|
petroleum products, cigarettes, gold, construction materials, machinery, motor vehicles, pharmaceutical products |
Imports - partners:
|
Thailand 26.5%, Singapore 25.1%, China 15.3%, Hong Kong 6.6%, Vietnam 6.5% (2010) |
Reserves of foreign exchange and gold:
|
$4.113 billion (31 December 2011 est.)
$3.802 billion (31 December 2010 est.) |
Reserves of foreign exchange and gold - per capita:
|
280 USD per capita |
Debt - external:
|
$4.81 billion (31 December 2011 est.)
$4.431 billion (31 December 2010 est.) |
Debt - external - per capita:
|
328 USD per capita |
Stock of direct foreign investment - at home:
|
void |
Stock of direct foreign investment - at home - per capita:
|
void |
Stock of direct foreign investment - abroad:
|
void |
Stock of direct foreign investment - abroad - per capita:
|
void |
Market value of publicly traded shares:
|
$NA |
Market value of publicly traded shares - per capita:
|
void |
Currency (code):
|
riel (KHR) |
Exchange rates:
|
riels (KHR) per US dollar -
4,085.9 (2011 est.)
4,185 (2010 est.)
4,139 (2009)
4,070.94 (2008)
4,006 (2007) |
Fiscal year:
|
calendar year |
|
= Fields = World Records = Dictionary = Bar graph = Distribution map = Fields History = Definitions |
|
Home 
Geographic Names
Chiefs of State
Intl. Organizations
Intl. Environmental Agree.
Other References
