Cambodia

Following more than two decades of strong economic growth, Cambodia has attained the lower middle-income status as of 2015, with gross national income (GNI) per capita reaching $1,070. Driven by garment exports and tourism, Cambodia has sustained an average growth rate of 7.6% in 1994-2015, ranking sixth in the world. Economic growth reached 6.8 percent in 2017 and is expected to remain strong over the next two years, as recovering tourism activity coupled with fiscal expansion compensate for some easing in garment exports and construction growth.