Cambodia’s economy must keep evolving

Cambodia’s economy must keep evolving

East Asia Forum·2023-12-14 07:07

Author: Heimkhemra Suy, Phnom Penh

From 1999 to 2019, Cambodia’s economy surged, displaying an impressive compound annual growth rate of 7.7 per cent and driving a fivefold increase in per capita income from US$323 to US$1621. But these statistics belie the country’s underlying structural frailties.

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SE Asia Business Cambodia Economy Finance