in black in the center of the red band

Cambodia Economy

Economy - overview: 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. In
1999, the first full year of peace in 30 years, progress was made on
economic reforms and growth resumed at 4%. GDP growth for 2000 had
been projected to reach 5.5%, but the worst flooding in 70 years
severely damaged agricultural crops, and high oil prices hurt
industrial production, and growth for the year is estimated at only
4%. Tourism is Cambodia's fastest growing industry, with arrivals up
34% in 2000. 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. Fear of renewed political instability and corruption
within the 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.

GDP: purchasing power parity - $16.1 billion (2000 est.)

GDP - real growth rate: 4% (2000 est.)

GDP - per capita: purchasing power parity - $1,300 (2000 est.)

GDP - composition by sector: agriculture: 43%

industry: 20%

services: 37% (1998 est.)

Population below poverty line: 36% (1997 est.)

Household income or consumption by percentage share: lowest 10%:
2.9%

highest 10%: 33.8% (1997)

Inflation rate (consumer prices): 1.6% (2000 est.)

Labor force: 6 million (1998 est.)

Labor force - by occupation: agriculture 80% (1999 est.)

Unemployment rate: 2.8% (1999 est.)

Budget: revenues: $363 million

expenditures: $532 million, including capital expenditures of $225
million (2000 est.)

Industries: garments, tourism, rice milling, fishing, wood and wood
products, rubber, cement, gem mining, textiles

Industrial production growth rate: NA%

Electricity - production: 147 million kWh (1999)

Electricity - production by source: fossil fuel: 59.18%

hydro: 40.82%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 136.7 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: rice, rubber, corn, vegetables

Exports: $942 million (f.o.b., 2000 est.)