Property Market Report
Cambodia - Economic indicators
• 2006 GDP growth - 10.5% and 13.5% in 2005 (IMF figures)
• GDP growth from 1999-2004 averaged 7%
• Growth in foreign direct investment from 2004-2006 - 1200%
• Unemployment 2.5% (est)
• Foreign Aid for 2007, $US660 million, up from $US601 million in 2005
• Per capita GDP (PPP) $US2,200
• Tourism grew at 35% in 2005 and 20% in 2006. Total number of tourists in
2006 was 1.7 million
• Textile exports grew at 20% in 2005
• Main industries: Tourism, garments, rice milling, fishing, wood and wood
products, rubber, cement, gem mining, textiles
• Oil reserves recently been found - revenues predicted to be up to $US2 billion
• 2004 - Construction industry grew by 34%
• 2005 - Construction industry grew by a staggering 63%
• Building approvals in 2006 were up by 35% on 2005 in Phnom Penh
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