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Cambodia had a gross domestic product (GDP) of $28.54 billion in 2022. [18] Per capita income, although rapidly increasing, is low compared with most neighboring countries. 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. [19]
The last Vietnamese troops withdrew from Cambodia. 1992: 16 March: A United Nations peacekeeping force, the United Nations Transitional Authority in Cambodia (UNTAC), began monitoring Cambodia. 1993: May: Cambodia held free elections. The Khmer Rouge boycotted them. 24 September: A new constitution was ratified, under which the Cambodian ...
The World Bank Group (WBG) has operated in Cambodia since October 8, 2004, playing a significant role in Cambodia's development. WBG operates the Emergency Rehabilitation Project. From 1993 to 2017, World Bank projects in Cambodia have focused on economic rehabilitation, agriculture, disease control, health and child welfare. During these years ...
The history of Cambodia, a country in mainland Southeast Asia, begins with the earliest evidence of habitation around 5000 BCE. [1] [2] Detailed records of a political structure on the territory of what is now Cambodia first appear in Chinese annals in reference to Funan, a polity that encompassed the southernmost part of the Indochinese peninsula during the 1st to 6th centuries.
Cambodia officially joined the IMF on December 31, 1969. [1] After years of internal and external strife, the Cambodian government is currently focusing its attention to rebuilding and renovating the national economy through grants and loans from multilateral sources like the International Monetary Fund.
23 July – 2023 Cambodian general election, the Cambodian People's Party (CPP) held all seats in parliament after the ruling party declared a landslide victory since the General election over five years ago. [8] [9] 7 August – Hun Manet is appointed as the prime minister of Cambodia by King Norodom Sihamoni.
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
In 2013, Cambodia scored a 20 out of a scale of a 100 (highly clean) to 0 (highly corrupt) on the 2013 Corruption Perceptions Index, which also ranked the nation as the a ranking of 160 out of 175 nations (tied with other nations) making the nation one of the most corrupt in the world and Cambodia is the 2nd most corrupt nation in Asia with ...