Sunday, July 7, 2019

Social activities in Cambodia

Cambodia is a young country, with 65% of the population under the age of 30. Most people live in rural areas. Social activities at weekends are common events for the people working at the urban return home on public holiday and weekend to build up the community sense.

 

Over the past two decades, Cambodia has undergone a significant transition, reaching lower middle-income status in 2015. Authorities aspire to attain upper middle-income status by 2030. Driven by garment exports and tourism, Cambodia’s economy has sustained an average growth rate of 7.7% between 1995 and 2018, making it among the fastest-growing economies in the world. As global demand peaked in 2018, economic growth is estimated at 7.5%, compared to 7% in 2017 and is expected to remain robust over the medium term.

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