Cambodia borders the Gulf of Thailand. It shares borders with Laos, Thailand, and Vietnam. The country features mountainous terrain in the southwest and north, and its geography is largely shaped by the Mekong River and Tonle Sap Lake. Cambodia has a mixed economic system, characterized by a planned economy with market elements.
25.8%
Urban population (2023)
74.2%
Rural population (2023)
49.5%
Male (2023)
50.5%
Female (2023)
9%
Baby boomer (2023)
15%
Gen X (2023)
26%
Gen Y (2023)
27%
Gen Z (2023)
83.7%
Participation rate (2022)
99.3%
Employment rate (2022)
70%
Labour force at SMEs (2018)
3.8%
High-skilled labour ratio (2017)
US$ 385
Monthly average household income (2023)
19%
Average turnover rate (2022)
36.6%
Employment in Agriculture (2022)
26.6%
Employment in Industry (2022)
36.8%
Employment in Services (2022)
Economic profile
Cambodia ranks as the
-largest economy in the world
US$ 41.86B
GDP (2023)
US$ 2460
GDP per capita (2023)
US$ 1.45B
Digital economy revenue (2023)
US$ 230.2M
IT services market revenue (2024P)
99.8%
Percentage of SMEs
US$ 130.9M
Total capital raised in the VC market (2024P)
The eighth-largest economy in Southeast Asia
FDI inflows
Cambodia's foreign direct investment attracted nearly US$ 48.4 billion by 2023
Export turnovers
Cambodia's export turnovers reached US$ 22.6 billion by 2023
GDP, by industry
Agriculture, forestry and fishing contributed the most to Cambodia's GDP in 2022
US$ 48.4B
FDI inflows (2023)
Leading FDI sectors
Financial activities
23.3%
Manufacturing
22.3%
Real estate
11.2%
Accommodation
10.1%
Agriculture
9.2%
Energy
6.2%
Top countries
China
45.6%
South Korea
11.8%
Singapore
6.5%
Japan
6.2%
Vietnam
5.3%
Malaysia
4.4%
US$ 22.6B
Export turnovers (2023)
Top exports
Apparel and clothing accessories, knitted or crocheted
24.2%
Electrical machinery and equipment and parts
13.8%
Apparel and clothing accessories, not knitted or crocheted
10.6%
Cereals
7.7%
Leather; saddlery and harness; travel goods
7.5%
US$ 61.77B
GDP, by industry (2022)
Top industries
Agriculture, forestry and fishing
22.2%
Manufacturing
18.8%
Construction
14.9%
Wholesale and retail trade; repair of motor vehicles and motorcycles
8.2%
Public administration and Other Services activities
7.9%
Doing business in Cambodia
Opportunities & challenges
Opportunities
• Ease of corporate foreign ownership
• Young population (50% of the population under 22)
• Special economic zones, dynamic tourism sector
• Increasing regional integration
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