Cambodia is a member of ASEAN and WTO and is one of the fastest-growing developing countries in East Asia. Gross domestic product (GDP) grew by 6.9 per cent in 2016. Impressive rates of economic growth have led to sharp wage increases which undermine the degree of competitiveness. At the same time, growth has generally been sufficient to create new jobs needed to absorb the rising working-age population, which has been increasing at 3 per cent annually (faster than the population). Unemployment is at 0.3 per cent of total labour force in 2016 (Source: World Bank).
The country has a land area of 176,520 square kilometres and population of 15.8 million (2016).
More information on doing business in Cambodia
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