a member of the majority party or
majority coalition is named prime minister by the Chairman of the
National Assembly and appointed by the king
Legislative branch:
bicameral, consists of the National Assembly (123 seats; members
elected by popular vote to serve five-year terms) and the Senate (61
seats; two members appointed by the monarch, two elected by the
National Assembly, and 57 elected by "functional constituencies";
members serve five-year terms)
elections: National Assembly - last held 27 July 2003 (next to be
held in July 2008); Senate - last held 2 March 1999 (scheduled to be
held in 2004 but delayed)
election results: National Assembly - percent of vote by party - CPP
47%, SRP 22%, FUNCINPEC 21%, other 10%; seats by party - CPP 73,
FUNCINPEC 26, SRP 24; Senate - percent of vote by party - NA%; seats
by party - CPP 31, FUNCINPEC 21, SRP 7, other 2 (July 2003)
Judicial branch:
Supreme Council of the Magistracy (provided for in the constitution
and formed in December 1997); Supreme Court (and lower courts)
exercises judicial authority
Political parties and leaders:
Cambodian Pracheachon Party (Cambodian People's Party) or CPP [CHEA
SIM]; National United Front for an Independent, Neutral, Peaceful,
and Cooperative Cambodia or FUNCINPEC [Prince NORODOM Ranariddh];
Sam Rangsi Party or SRP [SAM RANGSI]
Political pressure groups and leaders:
NA
International organization participation:
ACCT, APT, ARF, AsDB, ASEAN, FAO, G-77, IBRD, ICAO, ICCt, ICRM,
IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO
(subscriber), ITU, MIGA, NAM, OPCW (signatory), PCA, UN, UNCTAD,
UNESCO, UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador EK SEREYWATH
chancery: 4530 16th Street NW, Washington, DC 20011
telephone: [1] (202) 726–7742
FAX: [1] (202) 726–8381
Diplomatic representation from the US: chief of mission: Ambassador Joseph A. MUSSOMELI embassy: 27 EO Street 240, Phnom Penh mailing address: Box P, APO AP 96546 telephone: [855] (23) 216–436/438 FAX: [855] (23) 216–43⅞11
Flag description:
three horizontal bands of blue (top), red (double width), and blue
with a white three-towered temple representing Angkor Wat outlined
in black in the center of the red band; only national flag to
incorporate a building in its design
Economy Cambodia
Economy - overview: Cambodia's economy slowed dramatically in 1997 and 1998 due to the regional economic crisis, civil violence, and political infighting, and foreign investment and tourism decreased. In 1999, the first full year of peace in 30 years, the government made progress on economic reforms. Growth resumed and remained about 5% from 2000 to 2004. Economic growth has been largely driven by expansion in the garment sector and tourism, but is expected to fall in 2005 as growth in the garment sector stalls. Clothing exports were fostered by a US-Cambodian Bilateral Textile Agreement signed in 1999 which gave Cambodia a guaranteed quota of US textile imports and established a bonus for improving working conditions and enforcing Cambodian labor laws and international labor standards in the industry. With the January 2005 expiration of a WTO Agreement on Textiles and Clothing, Cambodia-based textile producers are in direct competition with lower priced producing countries such as China and India. Faced with the possibility that over the next five years Cambodia may lose orders and some of the 250,000 well-paid jobs the industry provides, Cambodia has committed itself to a policy of continued support for high labor standards in an attempt to maintain favor with buyers. Tourism growth remains strong, with arrivals up 15% in 2004. The long-term development of the economy after decades of war remains a daunting challenge. The population lacks education and productive skills, particularly in the poverty-ridden countryside, which suffers from an almost total lack of basic infrastructure. Fully 75% of the population remains engaged in subsistence farming. Fear of renewed political instability and a dysfunctional legal system coupled with extensive government corruption discourage foreign investment. The Cambodian government continues to work with bilateral and multilateral donors to address the country's many pressing needs. In December 2004, official donors pledged $504 million in aid for 2005 on the condition that the Cambodian government begins taking steps to address rampant corruption. The next donor pledging session is scheduled for December 2005. The major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance. More than 50% of the population is 20 years or younger.
GDP (purchasing power parity):
$26.99 billion (2004 est.)
GDP - real growth rate:
5.4% (2004 est.)
GDP - per capita:
purchasing power parity - $2,000 (2004 est.)
GDP - composition by sector: agriculture: 35% industry: 30% services: 35% (2004 est.)
Labor force:
7 million (2003 est.)
Labor force - by occupation:
agriculture 75% (2004 est.)
Unemployment rate:
2.5% (2000 est.)
Population below poverty line:
40% (2004 est.)
Household income or consumption by percentage share: lowest 10%: 2.9% highest 10%: 33.8% (1997)
Distribution of family income - Gini index:
40 (2004 est.)
Inflation rate (consumer prices):
3.1% (2004 est.)
Investment (gross fixed):
20.9% of GDP (2004 est.)
Budget:
revenues: $548.2 million
expenditures: $836.7 million, including capital expenditures of $291
million of which 75% was financed by external assistance (2004 est.)
Agriculture - products:
rice, rubber, corn, vegetables, cashews, tapioca
Industries:
tourism, garments, rice milling, fishing, wood and wood products,
rubber, cement, gem mining, textiles
Industrial production growth rate:
22% (2002 est.)
Electricity - production:
122 million kWh (2003)
Electricity - production by source: fossil fuel: 65% hydro: 35% nuclear: 0% other: 0% (2001)
Electricity - consumption:
100.6 million kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil