In recent years, Cambodia has moved closer to lower-middle-income status through resounding economic growth. This has been driven by solid performances in garment manufacture, tourism, paddy and milled rice, and construction. While this growth is expected to continue in 2016, the economy remains vulnerable to external shocks and natural disasters. Although the poverty rate fell between 2007 and 2012, from about 50% to below 20%, more than 70% of Cambodians still live on less than $3 a day, which means that many of them remain vulnerable to falling back into poverty.
Under the country partnership strategy for 2014-2018, ADB will continue to support the government’s economic reform priorities and help promote inclusive growth.
Projects in Cambodia
- Climate-Friendly Agribusiness Value Chains Sector Project
- Provincial Water Supply and Sanitation Project
- Upper Secondary Education Sector Development Program (formerly Strengthening Secondary Education and Teaching of Math and Science)
- Strengthening Public Financial Management Program, Subprogram 1
- Decentralized Public Service and Financial Management SP2
Average annual population growth rate in Cambodia (2010-2015)
Population living below the national poverty line in Cambodia (2014)
Population in Cambodia, in millions (2015)
Maternal Mortality Ratio in Cambodia, per 100,000 live births (2015)