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Country Analysis: Cambodia
-Paresh Tayade
Geography
• Natural Resources: Agriculture dominates the Cambodian economy,
contributing 34.2 percent GDP
• Labour: 83% of employed people older than 14 years in 2013
• Capital: garment industry represents the largest portion of
Cambodia's manufacturing sector.
• Entrepreneurship: World Bank Group’s annual ease of doing business
report ranks Cambodia at 131 out of 190 economies.
Inflation
• Inflation Rate in Cambodia averaged 5.03 percent from 1995 until
2017
• Residents are taxed on salary at rates of:
10 percent for those making between $312.50 and $2,150 per month;
15 percent for those making between $2,150 and $3,120; and
20 percent for those making $3,120 or more each month.
• Non-residents get taxed a flat 20 percent.
For income from personal services, the tax rate is 15 percent.
For other, non-salary income the tax rate is usually 20 percent, but
higher for certain things such a mineral exploitation.
Growth
• GDP - composition by sector:
agriculture: 26.7%
industry: 29.8%
services: 43.5%
• GDP in Cambodia averaged 4.93 USD Billion from 1960 until 2015,
reaching an all time high of 18.05 USD Billion in 2015
• Cambodia's annual GDP growth is projected to be slightly higher at
7.1% in 2017 and 2018
Population
• The current population of Cambodia is 16,094,752 as of Monday, July
31, 2017, based on the latest United Nations estimates.
• Cambodia population is equivalent to 0.21% of the total world
population.
• Cambodia ranks number 71 in the list of countries (and
dependencies) by population.
• The median age in Cambodia is 24.2 years
• Ranked 143 in HDI index
• Cambodia GINI index was at level of 30.76 index in 2012
Trade
• 71st largest export economy in the world and the 73rd most complex
economy according to the Economic Complexity Index (ECI)
• In 2015, Cambodia exported $16.1B and imported $15.3B, resulting in
a positive trade balance of $768M.
• The top export destinations of Cambodia are the United States
($3.54B), the United Kingdom ($1.49B), Germany ($1.44B), Japan
($1.14B) and Vietnam ($994M).
• The top import origins are Thailand ($4.24B), China ($3.67B), Vietnam
($2.07B), Hong Kong ($759M) and Singapore ($727M).
Bibliography
• https://opendevelopmentcambodia.net/topics/labor/
• http://www.worldbank.org/en/news/press-
release/2016/10/26/cambodia-improves-business-environment-in-
2017
• http://www.indexmundi.com/cambodia/gdp_composition_by_sector.
html
• http://www.worldometers.info/world-population/cambodia-
population/
Thank You!

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Country analysis - Cambodia

  • 2. Geography • Natural Resources: Agriculture dominates the Cambodian economy, contributing 34.2 percent GDP • Labour: 83% of employed people older than 14 years in 2013 • Capital: garment industry represents the largest portion of Cambodia's manufacturing sector. • Entrepreneurship: World Bank Group’s annual ease of doing business report ranks Cambodia at 131 out of 190 economies.
  • 3. Inflation • Inflation Rate in Cambodia averaged 5.03 percent from 1995 until 2017 • Residents are taxed on salary at rates of: 10 percent for those making between $312.50 and $2,150 per month; 15 percent for those making between $2,150 and $3,120; and 20 percent for those making $3,120 or more each month. • Non-residents get taxed a flat 20 percent. For income from personal services, the tax rate is 15 percent. For other, non-salary income the tax rate is usually 20 percent, but higher for certain things such a mineral exploitation.
  • 4. Growth • GDP - composition by sector: agriculture: 26.7% industry: 29.8% services: 43.5% • GDP in Cambodia averaged 4.93 USD Billion from 1960 until 2015, reaching an all time high of 18.05 USD Billion in 2015 • Cambodia's annual GDP growth is projected to be slightly higher at 7.1% in 2017 and 2018
  • 5. Population • The current population of Cambodia is 16,094,752 as of Monday, July 31, 2017, based on the latest United Nations estimates. • Cambodia population is equivalent to 0.21% of the total world population. • Cambodia ranks number 71 in the list of countries (and dependencies) by population. • The median age in Cambodia is 24.2 years • Ranked 143 in HDI index • Cambodia GINI index was at level of 30.76 index in 2012
  • 6. Trade • 71st largest export economy in the world and the 73rd most complex economy according to the Economic Complexity Index (ECI) • In 2015, Cambodia exported $16.1B and imported $15.3B, resulting in a positive trade balance of $768M. • The top export destinations of Cambodia are the United States ($3.54B), the United Kingdom ($1.49B), Germany ($1.44B), Japan ($1.14B) and Vietnam ($994M). • The top import origins are Thailand ($4.24B), China ($3.67B), Vietnam ($2.07B), Hong Kong ($759M) and Singapore ($727M).
  • 7. Bibliography • https://opendevelopmentcambodia.net/topics/labor/ • http://www.worldbank.org/en/news/press- release/2016/10/26/cambodia-improves-business-environment-in- 2017 • http://www.indexmundi.com/cambodia/gdp_composition_by_sector. html • http://www.worldometers.info/world-population/cambodia- population/