and monetary discipline and have established
good working relations with international financial institutions.
Growth, starting from a low base, has been strong in 1991-96. Despite
such positive developments, the reconstruction effort faces many tough
challenges because of the persistence of internal political divisions
and the related lack of confidence of foreign investors. Rural
Cambodia, where 90% of about 9.5 million Khmer live, remains mired in
poverty. The almost total lack of basic infrastructure in the
countryside will hinder development and will contribute to a growing
imbalance in growth between urban and rural areas over the near term.
Moreover, the government's lack of experience in administering
economic and technical assistance programs and rampant corruption
among officials will slow the growth of critical public sector
investment. The decline of inflation from the 1992 rate of more than
50% is one of the bright spots.
GDP: purchasing power parity - $7.7 billion (1996 est.)
GDP - real growth rate: 7.4% (1996 est.)
GDP - per capita: purchasing power parity - $710 (1996 est.)
GDP - composition by sector:
agriculture : 51%
industry: 14%
services: 35%
Inflation rate - consumer price index: 5% (1996 est.)
Labor force: 2.5 million to 3 million
by occupation : agriculture 80% (1996 est.)
Unemployment rate: NA%
Budget:
revenues: $261 million
expenditures: $496 million, including capital expenditures of $NA
(1995 est.)
Industries: rice milling, fishing, wood and wood products, rubber,
cement, gem mining, textiles
Industrial production growth rate: 7.9% (1993 est.)
Electricity - capacity: 100,000 kW (1995)
Electricity - production: 180 million kWh (1994)
Electricity - consumption per capita: 17 kWh (1995 est.)
Agriculture - products: rice, rubber, corn, vegetables
Exports:
total value: $464 million (1996 est.)
commodities: timber, rubber, soybeans, sesame
partners : Singapore, Japan, Thailand, Hong Kong, Indonesia, Malaysia
Imports:
total value: $1.4 billion (1996 est.)
commodities: cigarettes, construction materials, petroleum products,
machinery, motor vehicles
partners : Singapore, Vietnam, Japan, Australia, Hong Kong, Indonesia
Debt - external: $1.9 billion (1994)
Economic aid:
recipient : ODA, $NA
note: international donors pledged a total of $1.8 billion in 1995 and
1996
Currency: 1 new riel (CR) = 100 sen
Exchange rates: riels (CR) per US$1 - 2,723.0 (J
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