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Cambodia has experienced a tremendous drop in poverty but there is a high chance of relapsing to poverty. Poverty rate in Cambodia dropped from 52.2 percent in 2004 to 20.5 percent in 2011. [8] However, most of the individuals only moved from a state of being poor to state of being vulnerable to becoming poor.
Poverty lines for other sets of countries have also been revised upwards. The poverty line for lower middle-income countries (LMICs) has moved to US$3.65 from US$3.20, while the poverty line for upper middle-income countries (UMICs) has moved to US$6.85 from US$5.50. [6]
Cambodia: South-eastern Asia: Lower middle income 30.76 2012 Kiribati: Micronesia: Lower middle income 27.8 2019 27.83 2020 Saint Kitts and Nevis: Caribbean: High income 40.00 2009 South Korea: Eastern Asia: High income 32.9 2021 33.10 2020 32.4 2022 Kuwait: Western Asia: High income 36.02 2000 Laos: South-eastern Asia
Population development. Between 1874 and 1921, the total population of Cambodia increased from about 946,000 to 2.4 million. By 1950, it had increased to between 3,710,107 and 4,073,967, and in 1962 it had reached 5.7 million.
Country Current Population Number In Household Households % 1 Member % 2-3 Members % 4-5 Members % 6+ Members Year China 1,409,778,724: 2.80: 482,427,212: 17.84
Poverty – adjustable criterion based on Gross national income (GNI) per capita averaged over three years. As of 2018, a country must have GNI per capita less than US$1,025 to be included on the list, and over $1,230 to graduate from it.
In 2000, Cambodian American families reported a median household income of $36,152. [19] A 2008 NYU study reported that 29.3% of the Cambodian American community lived under the poverty line. [23] That was higher than the American average of people living below the poverty line, which, in 2011, was recorded as 16% of all Americans. [24]
Cambodia had a gross domestic product (GDP) of $28.54 billion in 2022. [18] Per capita income, although rapidly increasing, is low compared with most neighboring countries. Cambodia's two largest industries are textiles and tourism, while agricultural activities remain the main source of income for many Cambodians living in rural areas. [19]