, 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 5%. 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%. In 2001, severe floods damaged an estimated
15% of the area devoted to rice. Tourism now is Cambodia's fastest growing
industry, with arrivals up 34% in 2000 and up another 40% in 2001 before
the September 11 terrorist attacks in the US. 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 - $18.7 billion (2001 est.)
GDP - real growth rate: 5.3% (2001 est.)
GDP - per capita: purchasing power parity - $1,500 (2001 est.)
GDP - composition by sector: agriculture: 50% industry: 15% services:
35% (2000 est.)
Population below poverty line: 36% (1997 est.)
Household income or consumption by percentage share: lowest 10%: 2.9%
highest 10%: 33.8% (1997)
Distribution of family income - Gini index: 40.4 (1997)
Inflation rate (consumer prices): 1.6% (2000 est.)
Labor force: 6 million (1998 est.)
Labor force - by occupation: agriculture 80% (2001 est.)
Unemployment rate: 2.8% (1999 est.)
Budget: revenues: $363 million expenditures: $532 million, including
capital expenditures of $225 million (2000 est.)
Industries: tourism, garments, rice milling, fishing, wood and wood
products, rubber, cement, gem mining, textiles
Industrial production growth rate: NA%
Electricity - production: 132 million kWh (2000)
Electricity - production by source: fossil fuel: 62.12% hydro: 37.88%
other: 0% (2000) nuclear: 0%
Electricity - consumption: 122.76 million kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 0 kWh (2000)
Agriculture - products: rice, rubber, corn, vegetables
Exp
|