Cambodia’s two largest industries are textiles and tourism, while agricultural activities remain the main source of income for many Cambodians living in rural areas. The service sector is heavily concentrated on trading activities and catering-related services.
What are three main industries in Cambodia?
Despite its turbulent past as well as persistent internal problems including high rates of poverty and political corruption, Cambodia’s economy has continued to grow. In its modern form, the nation’s economy is fueled by several major industries including agriculture, tourism, and textiles.
What is Cambodia’s biggest export?
Cambodia’s exports are dominated by textile goods, which account for around 70 percent of total exports. Other export products include vehicles, footwear, natural rubber and fish. Cambodia’s main export partners are the United States, Hong Kong, Singapore, Canada, Germany and the UK.
What does Cambodia’s economy base on?
The economy remains heavily dependent on tourism revenues and garment exports. More than half of the labor force is engaged in subsistence farming, and Cambodia remains one of Asia’s poorest countries.
What is the most popular job in Cambodia?
The garment industry is the most important part of Cambodia’s manufacturing sector, and one of the biggest contributors to the country’s economy, accounting for about 80% of all exports, and employing around 700,000 workers, around 90% of whom are women.
Is Cambodia corrupt?
Transparency International’s 2017 Corruption Perception Index ranks the country 161st place out of 180 countries.
What is the biggest problem in Cambodia?
Cambodia has a lot of problems. First, Cambodia has problems of basic social environments. The GNP level of Cambodia is very low and it is a low income country. A poor-and-needy ratio exceeds 30% of population, and the population growth rate is high, so poverty doesn’t decrease.
Is Cambodia poorer than Philippines?
Cambodia has a GDP per capita of $4,000 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017.