Cambodia and ADB
In the Spotlight
Cambodia has developed from one of the poorest countries in Asia to one of the fastest-growing economies, and it has made significant progress in the area of human development. ADB has been there every step of the way.
In Cambodia, farmers are gaining access to the technology, markets, credit, and knowledge that they need to earn better incomes.
For nearly two decades, ADB's Financial Sector Program has helped strengthen Cambodia’s legal framework and expand access to finance.
New transmission lines light up towns as cross-border energy cooperation links Cambodia and Viet Nam grids.
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.
Cambodia is a member of the Greater Mekong Subregion (GMS).
Projects in Cambodia
Population living below the national poverty line in Cambodia (2014)
Population in Cambodia, in millions (2016)
Maternal mortality ratio in Cambodia, per 100,000 live births (2015)
Average annual population growth rate in Cambodia (2011-2016)