Cambodia - Income



The US Central Intelligence Agency (CIA) reports that in 2001 Cambodia's gross domestic product (GDP) was estimated at $18.7 billion. The per capita GDP was estimated at $1,500. The annual growth rate of GDP was estimated at 5.3%. The average inflation rate in 2000 was 1.6%. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity (PPP) rather than value as measured on the basis of the rate of exchange. It was estimated that agriculture accounted for 50% of GDP, industry 15%, and services 35%.

According to the United Nations, in 2000 remittances from citizens working abroad totaled $17 million or about $1 per capita and accounted for approximately 0.5% of GDP. Worker remittances in 2001 totaled $15.20 million. Foreign aid receipts amounted to about $33 per capita and accounted for approximately 12% of the gross national income (GNI).

The World Bank reports that in 2001 per capita household consumption (in constant 1995 US dollars) was $226. Household consumption includes expenditures of individuals, households, and nongovernmental organizations on goods and services, excluding purchases of dwellings. The richest 10% of the population accounted for approximately 33.8% of household consumption and the poorest 10% approximately 2.9%. It was estimated that in 1997 about 36% of the population had incomes below the poverty line.

Also read article about Cambodia from Wikipedia

User Contributions:

1
unique
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Apr 30, 2008 @ 10:10 am
i think that this article is very intresting because im doing a projct on cambodia and if it is really a less developed country
2
casey
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May 26, 2009 @ 11:23 pm
very cool! i am also doing a progect on cambodia and i thank you very much for bringing me this information

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