3unemployment rate 3.5% (2007) < 3% (2010)investment (gross fixed) 21.2% of GDP (2009)inflation (customer prices) -1% (2009) 5.3% (2010)industrial production growth rate -6.5% (2009) 1.5% (2010)current account balance USD-218.1m (2003) USD-1.024b (2010)external debt USD2.4b (2002) USD4.157b (2010)exchange rates (against USD1) KHR4135.39 (2009) KHR4245.00 (2010)Imports USD5.374b (2009)Exports USD3.582b (2009)
From various sources, projected and official numbers
Doing Business in Cambodia
In 2010, Cambodia was ranked 131 out of 159 countries on corruption (third worst inASEAN behind Indonesia and Myanmar) by Transparency International2.
In 2010, Cambodia was ranked 145 out of 183 economies on ease of doing businessaccording to the World Bank/International Finance Corporation (down from 139 in2009 survey).3.
There are 9 procedures needed before starting the business. It takes 85 days tocomplete and it costs about 138.4% of the income per capita and require minimumcapital about 36.6% of income per capita. This may due to inefficient andunsynchronized authorities and lack of basic infrastructures.4.
Application for construction permits has about 23 procedures and it took up to 2 yearsto process. It also costs up to 53.6% of income per capita.5.
Property registration could take up to 2 months to be verified by local authorities.6.
Getting credits from local banks in Cambodia is rather difficult and complicated.However, rights of the customers were protected fairly well.7.
Laws of Cambodia protecting investor to the extent that is better than Laos andPhilippines but far worst than Thailand and Malaysia.8.
Tax policies in Cambodia were good. While number of tax payments is much greaterthan countries in East Asia and Pacific, it requires lesser hours (per year) to process (bythe companies and the government) and the rate was also substantially lower. Taxpolicies in Cambodia are better than Thailand, Indonesia, Philippines and Laos.9.
Import-exports activities require more documents in Cambodia than any othercountries in Asia Pacific. However cost of imports and exports (per container) is about30% cheaper than average East Asia and Pacific (cheaper than Laos and Philippines butmore expensive than Malaysia, Indonesia and Thailand). Time of imports and exportshas been cut almost half in the last two years, thanks to opening of new ports andupgrades of existing facilities.10.
Resolving commercial disputes through the courts in Cambodia is far below theinternational standards. The process required about 44 steps/procedures in 13 monthsand costs as much as and slightly higher than the claims.11.
There is no information regarding bankruptcy protection laws in Cambodia. It isassumed that business owners may got nothing when the business was closed(compared to average East Asia-Pacific of 30 cents per dollar recovery rate, 42.4 centsin Thailand and 38.6 cents in Malaysia)12.
Several human rights group reported when resource-rich areas are ready for
excavation, Cambodia’s government is suspected of dispatching soldiers and police to