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    Cambodia Economy - 1990

      Overview: Cambodia is a desperately poor country whose economic development has been stymied by deadly political infighting. The economy is based on agriculture and related industries. Over the past decade Cambodia has been slowly recovering from its near destruction by war and political upheaval. It still remains, however, one of the world's poorest countries, with an estimated per capita GDP of about $130. The food situation is precarious; during the 1980s famine has been averted only through international relief. In 1986 the production level of rice, the staple food crop, was able to meet only 80% of domestic needs. The biggest success of the nation's recovery program has been in new rubber plantings and in fishing. Industry, other than rice processing, is almost nonexistent. Foreign trade is primarily with the USSR and Vietnam. Statistical data on the economy continues to be sparse and unreliable.

      GDP: $890 million, per capita $130; real growth rate 0% (1989 est.)

      Unemployment rate: NA%

      Budget: revenues $NA; expenditures $NA, including capital expenditures of $NA

      Inflation rate (consumer prices): NA%

      Exports: $32 million (f.o.b., 1988); commodities--natural rubber, rice, pepper, wood; partners--Vietnam, USSR, Eastern Europe, Japan, India

      Imports: $147 million (c.i.f., 1988); commodities--international food aid; fuels, consumer goods; partners--Vietnam, USSR, Eastern Europe, Japan, India

      External debt: $600 million (1989)

      Industrial production: growth rate NA%

      Electricity: 126,000 kW capacity; 150 million kWh produced, 21 kWh per capita (1989)

      Industries: rice milling, fishing, wood and wood products, rubber, cement, gem mining

      Agriculture: mainly subsistence farming except for rubber plantations; main crops--rice, rubber, corn; food shortages--rice, meat, vegetables, dairy products, sugar, flour

      Aid: US commitments, including Ex-Im (FY70-88), $719 million; Western (non-US) countries (1970-85), $270 million; Communist countries (1970-88), $950 million

      Currency: riel (plural--riels); 1 riel (CR) = 100 sen

      Exchange rates: riels (CR) per US$1--218 (November 1989) 100.00 (1987), 30.00 (1986), 7.00 (1985)

      Fiscal year: calendar year

      NOTE: The information regarding Cambodia on this page is re-published from the 1990 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Cambodia Economy 1990 information contained here. All suggestions for corrections of any errors about Cambodia Economy 1990 should be addressed to the CIA.

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    Revised 07-Feb-03
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