In the two-and-a-half years before Covid struck in 2020, Cambodia was one of the world’s fastest-growing economies.
Between 1995 and 2019, annual GDP growth averaged almost 8%, largely driven by garment manufacturing, tourism and construction.
During this period, the country transitioned from low-income to lower-middle-income status, putting it alongside countries like India, the Philippines and Vietnam.
In full: https://www.theasset.com/article/53131/can-cambodia-match-south-koreas-post-war-boom-
