Economy of Cambodia

Cambodia is a poor country with majority of the population indulging in subsistence farming. The economy of Cambodia displayed remarkable growth by approximately 4.5% in the year 1999. Economic growth ranged between 5%-5.5% in the year 2000. Two of Cambodia's industries that have helped Cambodia move ahead are the tourism industry and the garment industry. Only 13% of the land area is arable in Cambodia. Woodlands and forests make up approximately 66% of the land area.

Facts about Cambodia's economy:

Industries:

The main industries in Cambodia are textiles, cement, mining gem, tourism, rice milling, garments, wood products, wood, fishing, rubber.

Economy of Cambodia And Agricultural products:

Agro based products in Cambodia include tapioca, corn, vegetables, rubber, rice, cashews.

GDP:

Gross domestic product (PPP) in the year 2006 was USD$36.78 billion.
Gross domestic product (real growth rate) was 5.8% in the year 2006.
GDP per capita (purchasing power parity) in 2006 was USD$2,600.

Sector wise GDP in 2004 was:

Service sector-35%
Agriculture sector-35%
Industrial sector-30%.

Products of export-

Timber, rubber, fish, rice, tobacco, footwear, clothing.

Trading partners(export-2005)

Germany, United States of America, Canada, Hong Kong.

Products of Import-

Gold, machinery, pharmaceutical goods, products of petroleum, materials for construction, cigarettes, automobile.

Trading partners (import-2005)

China, France, Hong Kong, South Korea, Taiwan, Thailand, Japan, Vietnam, Singapore. External debt in 2006 was USD$3.664 billion.

Currency

Currency of Cambodia is Riel. The currency code is KHR.

In 2004, population of Cambodia below poverty line was 40%. Rate of unemployment in the year 2000 was 2.5%.

For more information visit the following page:

Cambodia Information	Cambodia Real Estate
Cambodia Currency	Cambodia Money