After four years of solid macroeconomic
performance, Cambodia's economy slowed dramatically in 1997-98 due to
the regional economic crisis, civil violence, and political
infighting. Foreign investment and tourism fell off. Also, in 1998 the
main harvest was hit by drought. But in 1999, the first full year of
peace in 30 years, progress was made on economic reforms and growth
resumed at 4%. The long-term development of the economy after decades
of war remains a daunting challenge. The population lacks education
and productive skills, particularly in the poverty-ridden countryside,
which suffers from an almost total lack of basic infrastructure.
Recurring political instability and corruption within government
discourage foreign investment and delay foreign aid. On the brighter
side, the government is addressing these issues with assistance from
bilateral and multilateral donors. So long as political stability
lasts, the Cambodian economy is likely to grow at a respectable pace.

purchasing power parity - $8.2 billion (1999 est.)

4% (1999 est.)

purchasing power parity - $710 (1999 est.)

agriculture: 43%
industry: 20%
services: 37% (1998 est.)

36% (1997 est.)

lowest 10%: NA%
highest 10%: NA%

4.5% (1999 est.)

6 million (1998 est.)

agriculture 80% (1999 est.)

2.8% (1999 est.)

revenues: $327 million
expenditures: $393 million, including capital expenditures of $NA
(1999 est.)

garments, rice milling, fishing, wood and wood products,
rubber, cement, gem mining, textiles

NA%

210 million kWh (1998)

fossil fuel: 59.52%
hydro: 40.48%
nuclear: 0%
other: 0% (1998)

195 million kWh (1998)

0 kWh (1998)

0 kWh (1998)

rice, rubber, corn, vegetables

$821 million (f.o.b., 1999 est.)

timber, garments, rubber, rice, fish

US, Singapore, Japan, Thailand, Hong Kong,
Indonesia, Malaysia, US

$1.2 billion (f.o.b., 1999 est.)

cigarettes, gold, construction materials,
petroleum products, machinery, motor vehicles

Singapore, Vietnam, Japan, Australia, Hong Kong,
Indonesia, Thailand

$829 million (1999 est.)

$470 million pledged in grants and
concessional loans for 2000 by international donors

1 new riel (CR) = 100 sen

new riels (CR) per US$1 - 3,786.0 (January 2000),
3,807.8 (1999), 3,744.4 (1998), 2,946.3 (1997), 2,624.1 (1996),
2,450.8 (1995)

calendar year