Bordering Thailand, Laos and Vietnam in Southeast Asia, Cambodia is a peaceful country of 17 million people with a successful capitalist market economy.
Steeped in rich history and culture, Cambodia overcame a vicious civil war to become one of the fastest-growing economies in Asia, largely driven by its thriving tourism, textiles and construction industries. Significant increases in international trade, education, healthcare and standards of living has helped make Cambodia a global leader in reducing poverty. It is now classified as a lower-middle income economy by the World Bank Group and a home to some of the largest U.S. brands from Tiffany & Co. to CocaCola, Ford Motor Company and more.
Fast Facts
$11.4b
Cambodian annual garment exports
$5.9b
Annual trade with the U.S.
6 million
Annual tourists to Cambodia before pandemic
97%
Enrollment rate in primary education
82%
Average employment rate in Cambodia
7.7%
Average growth rate of Cambodian economy 1998-2019
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