Cambodia has become one of the world’s leaders in poverty reduction and shared prosperity. Cambodia sustained an average growth rate of 7.6 percent in 1994-2015, ranking sixth in the world, and has now become a lower middle-income economy. Cambodia’s success has ridden on employment creation, although labor productivity gains have been lower than in other fast-growing economies, partly due to lower capital intensity. Growth has also been driven to...
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INFORMATION
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2017/01/01
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Systematic Country Diagnostic
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115189
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2
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2017/08/09
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Disclosed
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overview
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middle-income economy
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