Economy Overview:
The Cambodian economy - virtually destroyed by decades of war - is slowly
recovering. Government leaders are moving toward restoring fiscal and
monetary discipline and have established good working relations with
international financial institutions. Growth, starting from a low base, has
been strong in 1991-94. 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. Inflation for 1994 as a whole was less than a quarter of the
1992 rate and was declining during the year.
National product:
GDP - purchasing power parity - $6.4 billion (1994 est.)
National product real growth rate:
5% (1994 est.)
National product per capita:
$630 (1994 est.)
Inflation rate (consumer prices):
26%-30% (1994 est.)
Unemployment rate:
NA%
Budget:
revenues:
$190 million
expenditures:
$365 million, including capital expenditures of $120 million (1994 est.)
Industrial production:
growth rate 7.9% (1993 est.); accounts for 8% of GDP
Electricity:
capacity:
40,000 kW
production:
160 million kWh
consumption per capita:
14 kWh (1993)
Economic Activity
Industries:
rice milling, fishing, wood and wood products, rubber, cement, gem mining
Agriculture:
mainly subsistence farming except for rubber plantations; main crops - rice,
rubber, corn; food shortages - rice, meat, vegetables, dairy products,
sugar, flour
Cambodia - key foreign trade data
Cambodia - Trade, Industry & Marketing informationExports:
$283.6 million (f.o.b., 1993) Commodities: timber, rubber, soybeans, sesame Major Trade Partners:: Singapore, Japan, Thailand, Hong Kong, Indonesia, Malaysia
Imports:
$479.3 million (c.i.f., 1993) Commodities: cigarettes, construction materials, petroleum products, machinery Major Trade Partners:: Singapore, Vietnam, Japan, Australia, Hong Kong, Indonesia External debt: $383 million to OECD members (1993)
Customized business information
Business Directories
Each entry has Business name, Complete mailing address, city/state, zip, country, Fax or Tlx,
HS (Harmonized System) and SIC codes, Business classification, Product category in 4
languages.
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