What is the current economic situation in Cambodia?

Economy of Cambodia

Statistics
GDP $26.730 billion (nominal, 2019 est.) $76.934 billion (PPP, 2019 est.)
GDP rank 103rd (nominal, 2019) 95th (PPP, 2019)
GDP growth 7.5% (2018) 7.1% (2019e) −1.0% (2020f) 6.0% (2021f)
GDP per capita $1,621 (nominal, 2019 est.) $4,664 (PPP, 2019 est.)

How much money does Cambodia have 2021?

GDP in Cambodia is expected to reach 29.80 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cambodia GDP is projected to trend around 31.70 USD Billion in 2022, according to our econometric models.

What is the poverty rate in Cambodia 2020?

The poverty rate of the Cambodian population has increased from 13.5 percent in 2014 to 17.8 percent in 2019 and 2020, according to a senior official at the Ministry of Planning.

Is Cambodia economy good?

Driven by garment exports and tourism, Cambodia’s economy sustained an average annual growth rate of 7.7 percent between 1998 and 2019, making it one of the fastest-growing economies in the world.

Which is the poorest country in South Asia?

The Poorest Countries in South Asia

Rank Country Per Capita Income (USD)
1 Afghanistan 543.724
2 Nepal 972.383
3 Pakistan 1,555.38
4 Bangladesh 1,744.51

How strong is Cambodia in economy?

Driven by garment exports and tourism, Cambodia’s economy has sustained an average annual growth rate of 7.7 percent between 1998 and 2019, making it one of the fastest-growing economies in the world.

What is Cambodia’s biggest export?

Exports The top exports of Cambodia are Gold ($5.25B), Knit Sweaters ($2.15B), Knit Women’s Suits ($1.55B), Trunks and Cases ($1.46B), and Non-Knit Women’s Suits ($1.44B), exporting mostly to United States ($7.25B), Singapore ($5.07B), Germany ($1.84B), Japan ($1.63B), and China ($1.46B).

Is Cambodia the poorest country in Asia?

Poorest Asian Countries 2021 Based on available data, North Korea is the poorest country in Asia, with a per capita GDP of just $651. …

Is Cambodia poor or rich?

Cambodia is currently one of the poorest countries in the world. Its per-capita income is only US$260.