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Cambodia Facts & Figures

Cambodia, with a 2024 population of 17.6 million, has a GDP of $47.15 billion and GDP per capita of $1,652. Its capital is Phnom Penh. The country uses the riel and follows a tropical climate. It operates under a constitutional monarchy, led by PM Hun Sen. Cambodia relies on exports like clothing and offers relaxed visa policies for foreigners.

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Facts About the Cambodia

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Information Type	Cambodia Data
Population	17,638,801 (2024 est.)
Gross Domestic Product (GDP)	US$47.15 billion (2024 est.)
GDP Per Capita	$1,652 (2024 est.)
Inflation Rate	0.5% (2024 est.)
Currency	Riels (KHR)
Exchange Rate Versus U.S. Dollar	4,044 Cambodian riel (2024 est.) per US dollar
Language	Khmer (official) 96.3%, other 3.7%
Capital	Phnom Penh
Population of Capital City	2,352,680
Time Zone	GMT/UTC + 7 hour
Seasons	Tropical; rainy, monsoon season (May to November); dry season (December to April); little seasonal temperature variation
International Dialing Code	855
Electricity	230 V/ 50 Hz
System of Government	multiparty democracy under a constitutional monarchy
Name and Party Affiliation of Current Leader	Prime Minister HUN SEN (since 14 January 1985) [co-prime minister from 1993 to 1997]. He is the longest-serving head of government in Cambodia's history. Also, he presides over the Cambodian's People Party (CPP)
Income Tax Rate for Residents	0% – 20%
Property Tax	0.1%
Capital Gains Tax	Cambodia does not impose a separate tax on capital gains. Gains arising from the disposal of real property and other assets are treated as ordinary income and are therefore subject to tax at the prevailing CIT/ToP rate
Inheritance Tax	none
Rental Income Tax	Income from leasing real estate properties earned by nonresident individuals is subject to withholding tax at 14%.
Transfer Tax	Registration Tax is levied at a rate of 4% on transfer of ownership of real property or transfer of occupancy right of land without building in the form of sale, exchange, receiving gift, putting capital in company.
Sales Tax	10%
Restrictions on Foreign Ownership of Property	Under the current rules, foreign property investments must be made in the name of a Cambodian national, and many are unwilling to risk losing their assets to unscrupulous local partners.
Local Chamber of Commerce
American Chamber of Commerce
Primary Exports	clothing, timber, rubber, rice, fish, tobacco, footwear
Residency and Visa Requirements	The country does not offer any extended visa specifically for retirees. Instead you can turn up at the airport unannounced and get a one-year visa, renewable at the end of the 12 months, on arrival.
Special Benefits for Foreign Residents or Retirees	Requirements for a business or an employment visa in Cambodia can be quite lax. Again, working as little as a day or two per month (or less) or finding a local agent specializing in business visas can be all you need to obtain a longer-stay visa.
National Airline	None

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Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Start Your New Overseas Life Today

We Value Your Privacy! We will not share your email address with anyone else, period.

Cambodia Facts & Figures- FAQs

What are the key areas of Cambodia's economy?

Cambodia’s economy mainly relies on two big sectors: tourism and textiles. Agriculture is also important, providing income for many people, especially in rural regions.