Overview

In spite of recent progress, the Cambodian economy continues to suffer from the legacy of decades of war and internal strife. Per capita income, although rapidly increasing, is low compared with most neighbouring countries. The main domestic activity on which most rural households depend is agriculture and its related sub-sectors. Manufacturing output is varied but is not very extensive and is mostly conducted on a small-scale and informal basis. The service sector is heavily concentrated in trading activities and catering-related services. Reuters has reported that oil and natural gas reserves have been found off-shore. Production of oil could potentially have a great effect on the future of the economy. Look up war in Wiktionary, the free dictionary. ... The per capita income for a group of people may be defined as their total personal income, divided by the total population. ... Manufacturing, a branch of industry which accounts for about one-quarter of the worlds economic activity, is the application of tools and a processing medium to the transformation of raw materials into finished goods for sale. ...

During 1995, the government implemented firm stabilization policies under difficult circumstances. Overall, macroeconomic performance was good. Growth in 1995 was estimated at 7% because of improved agricultural production (rice in particular). Strong growth in construction and services continued. Inflation dropped from 26% in 1994 to only 6% in 1995. Imports increased as a result of the availability of external financing. Exports also increased, due to an increase in log exports. With regard to the budget, both the current and overall deficits were lower than originally targeted. 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... Species Oryza glaberrima Oryza sativa Rice is two species of grass (Oryza sativa and Oryza glaberrima) native to tropical and subtropical southern & southeastern Asia and in Africa. ... In large construction projects, such as skyscrapers, cranes are essential. ...

After four years of solid macroeconomic performance, Cambodia's economy slowed dramatically in 1997-98 due to the regional economic crisis, civil violence, and political infighting. Foreign investment and tourism fell off. Also, in 1998 the main harvest was hit by drought. But in 1999, the first full year of peace in 30 years, progress was made on economic reforms and growth resumed at 4%. The long-term development of the economy after decades of war remains a daunting challenge. The population lacks education and productive skills, particularly in the poverty-ridden countryside, which suffers from an almost total lack of basic infrastructure. Recurring political instability and corruption within government discourage foreign investment and delay foreign aid. On the brighter side, the government is addressing these issues with assistance from bilateral and multilateral donors. So long as political stability lasts, the Cambodian economy is likely to grow at a respectable pace. 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean [1]. // Coated in ice, power and telephone lines sag and often break, resulting in power outages. ... Tourists at Oahu island, Hawaii Tourism is the act of travel for predominantly recreational or leisure purposes, and also refers to the provision of services in support of this act. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... A boy from an East Cipinang trash dump slum in Jakarta, Indonesia shows his find. ...

Cambodia's emerging democracy has received strong international support. Under the mandate carried out by the United Nations Transitional Authority in Cambodia (UNTAC), $1.72 billion (1.72 G$) was spent in an effort to bring basic security, stability and democratic rule to the country. Regarding economic assistance, official donors had pledged $880 million at the Ministerial Conference on the Rehabilitation of Cambodia (MCRRC) in Tokyo in June 1992, to which pledges of $119 million were added in September 1993 at the meeting of the International Committee on the Reconstruction of Cambodia (ICORC) in Paris, and $643 million at the March 1994 ICORC meeting in Tokyo. To date, therefore, the total amount pledged for Cambodia's rehabilitation is approximately 1.6 G$. One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... This article or section does not adequately cite its references or sources. ... City flag City coat of arms Motto: Fluctuat nec mergitur (Latin: Tossed by the waves, she does not sink) Paris Eiffel tower as seen from the esplanade du Trocadéro. ...

Statistics

GDP: purchasing power parity - $36.78 billion (2006 est.)

GDP - real growth rate: 5.8% (2006 est.)

GDP - per capita: purchasing power parity - $2,600 (2006 est.)

GDP - composition by sector:
agriculture: 35%
industry: 30%
services: 35% (2004)

Population below poverty line: 40% (2004 est.)

Household income or consumption by percentage share:
lowest 10%: 2.9%
highest 10%: 33.8% (1997)

Inflation rate (consumer prices): 5% (2006 est.)

Labour force: 7 million (2003 est.)

Labour force - by occupation: agriculture: 75% (2004 est.)

Unemployment rate: 2.5% (2000 est.)

Budget:
revenues: $731 million
expenditures: $931.8 million; including capital expenditures of $291 million (2006 est.)

Industries: tourism, garments, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles Tourists at Oahu island, Hawaii Tourism is the act of travel for predominantly recreational or leisure purposes, and also refers to the provision of services in support of this act. ... Species Oryza glaberrima Oryza sativa Rice is two species of grass (Oryza sativa and Oryza glaberrima) native to tropical and subtropical southern & southeastern Asia and in Africa. ... Fishing is the activity of hunting for fish by hooking, trapping, or gathering animals not classifiable as insects which breathe in water or pass their lives in water. ... Trunks A tree trunk as found at the Veluwe, The Netherlands Wood is a solid material derived from woody plants, notably trees but also shrubs. ... Latex being collected from a tapped rubber tree Rubber is an elastic hydrocarbon polymer which occurs as a milky colloidal suspension (known as latex) in the sap of several varieties of plants. ... In the most general sense of the word, cement is a binder, a substance which sets and hardens independently, and can bind other materials together. ...

Industrial production growth rate: 22% (2002 est.)

Electricity - production: 131 million kWh (2004)

Electricity - production by source:
fossil fuel: 59.52%
hydro: 40.48%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 121.8 million kWh (2004)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: rice, rubber, corn, vegetables, cashews, tapioca Species Oryza glaberrima Oryza sativa Rice is two species of grass (Oryza sativa and Oryza glaberrima) native to tropical and subtropical southern & southeastern Asia and in Africa. ... Latex being collected from a tapped rubber tree Rubber is an elastic hydrocarbon polymer which occurs as a milky colloidal suspension (known as latex) in the sap of several varieties of plants. ... Look up corn in Wiktionary, the free dictionary. ... Vegetables in a market Venn diagram representing the relationship between (botanical) fruits and vegetables. ... Binomial name Anacardium occidentale L. The Cashew (Anacardium occidentale; syn. ... Tapioca is an essentially flavourless starchy ingredient, or fecula, produced from treated and dried cassava (manioc) root and used in cooking. ...

Exports: $3.331 billion f.o.b. (2006 est.)

Exports - commodities: clothing, timber, rubber, rice, fish, tobacco, footwear

Exports - partners: US 48.6%, Hong Kong 24.4%, Germany 5.6%, Canada 4.6% (2005)

Imports: $4.477 billion f.o.b. (2006 est.)

Imports - commodities: petroleum products, cigarettes, gold, construction materials, machinery, motor vehicles, pharmaceutical products

Imports - partners: Hong Kong 16.1%, China 13.6%, France 12.1%, Thailand 11.2%, Taiwan 10.2%, South Korea 7.5%, Vietnam 7.1%, Singapore 4.9%, Japan 4.1% (2005)

Debt - external: $3.664 billion (2006 est.)

Economic aid - recipient: $504 million pledged in grants and concessional loans for 2005 by international donors

Currency: 1 new riel (CR) = 100 sen

Exchange rates: riels per US dollar - 4,119 (2006), 4,092.5 (2005), 4,016.25 (2004), 3,973.33 (2003), 3,912.08 (2002)

Fiscal year: calendar year

See also

• Economy of Asia
• List of Cambodian companies
• ACTION GROUP LTD - Investing In Cambodia Investment consultant devoted to foreign investors and local companies with a focus on South East Asia

v • d • e

World Trade Organization (WTO)

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¹ All twenty-seven member states of the European Union are also members of the WTO in their own right:
Austria • Belgium • Bulgaria • Cyprus • Czech Republic • Denmark • Estonia • Finland • France • Germany • Greece • Hungary • Ireland • Italy • Latvia • Lithuania • Luxembourg • Malta • Netherlands (— For the Kingdom in Europe and for the Netherlands Antilles) • Poland • Portugal • Romania • Slovakia • Slovenia • Spain • Sweden • United Kingdom The economy of Asia comprises more than 4 billion people (60% of the world population), living in 46 different states. ... WTO redirects here. ... Image File history File links Download high-resolution version (1357x628, 17 KB)World map of World Trade Organization (WTO) members/non-members, 2005; based on Image:BlankMap-World-v2. ... Economy - overview: Antigua and Barbudas economy is service-based, with tourism and government services representing the key sources of employment and income. ... According to the 2006 Index of Economic Freedom published by the Heritage Foundation and the Wall Street Journal, Bahrain has the most free economy in the Middle East and is twenty-fifth overall in the world. ... The Asian financial crisis in 1997 and 1998, coupled with fluctuations in the price of oil have created uncertainty and instability in Bruneis economy. ... Burkina Faso is one of the poorest countries in the world with an average income per capita of €250 (US$300). ... Economy - overview: The Central African Republic is classified as one of the worlds least developed countries, with an annual per capita income of $310 (2000). ... Costa Ricas basically stable economy depends on tourism, agriculture, and electronics exports. ... The Ivorian economy is largely market based and depends heavily on the agricultural sector. ... Sparsely populated in relation to its area, the Democratic Republic of the Congo is home to a vast potential of natural resources and mineral wealth, yet the economy of the DROC has declined drastically since the mid-1980s. ... The Dominican Republic is a middle-income developing country primarily dependent on agriculture, trade, and services, especially tourism. ... // Overview The Salvadoran economy continues to benefit from a commitment to free markets and careful fiscal management. ... In 2006, the European Union is the biggest economy in the world with 30,30% of GDP (World Bank, Total GDP 2005). ... Economy - overview: The breakup of Yugoslavia in 1991 deprived F.Y.R.O.M. (Former Yugoslav Republic of Macedonia), then its poorest republic (only 5% of the total federal output of goods and services), of its key protected markets and large transfer payments from the center. ... Economy - overview: The Gambia has no important mineral or other natural resources and has a limited agricultural base. ... Economy - overview: Guinea-Bissau is among the worlds least developed nations and one of the 20 poorest countries in the world, and depends mainly on agriculture and fishing. ... Other Hong Kong topics Culture - Education Geography - History - Politics Hong Kong Portal The economy of Hong Kong is widely believed to be the economically freest in the world. ... Currency 1 South Korean Won (W) = 100 Jeon(Chŏn) (theoretical) Fiscal year Calendar year Trade organizations APEC, WTO and OECD Statistics [1] GDP ranking 10th by volume (at nominal) (2005); 11th by volume (at PPP) (2006); GDP (Nominal) $801. ... The economy of Kyrgyzstan was severely affected by the collapse of the Soviet trading block. ... The economy of Macau is based largely on tourism (including gambling) and textile and fireworks manufacturing. ... // Economic Profile Since 1984 the government of New Zealand has accomplished major economic restructuring, moving an agrarian economy dependent on concessionary British market access toward a more industrialized, free market economy that can compete globally. ... Overview Papua New Guinea is richly endowed with natural resources, but exploitation has been hampered by the rugged terrain and the high cost of developing infrastructure. ... Saint Kitts and Nevis was the last sugar monoculture in the Eastern Caribbean. ... Saint Lucias economy depends primarily on revenue from banana production and tourism with some input from small-scale manufacturing. ... The St. ... Economy - overview: Saudi Arabia has an oil-based economy with strong government controls over major economic activities. ... To meet Wikipedias quality standards, this article may require rewriting and/or reformatting. ... A per capita GDP of $340 ranks Solomon Islands as a lesser developed nation. ... To meet Wikipedias quality standards, this article may require rewriting and/or reformatting. ... // With an economy of $80. ... Dr. Sun Yat-Sen decorates a 100NT bill. ... Trinidad and Tobago experienced a real growth rate of 3. ... Prior to the first exports of oil in 1962, the United Arab Emirates economy was dominated by pearl production, fishing, agriculture, and herding. ... The United States has the largest national economy in the world, with a GDP for 2006 of 12. ... The economy of Venezuela is still based on oil, although efforts have been made to develop heavy industry, e. ... The Netherlands has a prosperous and open economy, which depends heavily on foreign trade. ...

External links

Overviews

Overview Article on Cambodia's Contemporary Political Economy: "The Neoliberal 'Order' in Cambodia: Political Violence, Democracy, and the Contestation of Public Space" by Simon Springer, PhD Candidate, Department of Geography, University of British Columbia, Vancouver, Canada.