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ECONOMIC DATA
Source: The World Bank (http://data.worldbank.org/country/cambodia)
Population in the Mekong Region
| Population (million) |
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| Cambodia | 13.7 | 13.9 | 14.1 | 14.3 | 14.4 | 14.6 | 14.7 | 14.9 | 15.0 | 15.2 | 15.3 |
| Vietnam | 85.4 | 86.2 | 87.1 | 88.0 | 87.9 | 88.8 | 89.8 | 90.7 | 91.7 | 92.7 | 93.7 |
| Thailand | 66.2 | 66.5 | 66.9 | 67.2 | 67.5 | 67.8 | 68.1 | 68.4 | 68.7 | 69.0 | 69.2 |
| Myanmar | 48.2 | 48.5 | 48.8 | 49.2 | 49.5 | 49.9 | 50.3 | 50.8 | 51.2 | 51.6 | 52.1 |
| Laos | 6.0 | 6.1 | 6.2 | 6.3 | 6.4 | 6.5 | 6.6 | 6.7 | 6.8 | 6.9 | 7.0 |
| The Mekong Region | 219.6 | 221.3 | 223.1 | 224.9 | 225.7 | 227.6 | 229.5 | 231.5 | 233.4 | 235.4 | 237.3 |
| Population (million) |
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Cambodia | 15.5 | 15.6 | 15.7 | 15.8 | 16.0 | 16.2 | 16.3 | 16.5 | 16.6 | 16.8 |
| Vietnam | 94.7 | 96.5 | 97.6 | 98.5 | 99.5 | 100.3 | 101.2 | 102.0 | 102.8 | 103.5 |
| Thailand | 69.4 | 69.6 | 69.8 | 70.0 | 70.1 | 70.2 | 70.3 | 70.3 | 70.4 | 70.4 |
| Myanmar | 52.4 | 52.8 | 53.2 | 53.6 | 53.9 | 54.2 | 54.5 | 54.8 | 55.1 | 55.3 |
| Laos | 7.1 | 7.2 | 7.3 | 7.4 | 7.5 | 7.6 | 7.7 | 7.8 | 7.9 | 8.0 |
| The Mekong Region | 239.1 | 241.7 | 243.6 | 245.3 | 246.9 | 248.5 | 250.0 | 251.4 | 252.7 | 254.0 |
Source: International Monetary Fund (IMF), April 2023
Note: Cambodia and Thailand – estimates start after 2021; Vietnam and Laos – estimates start after 2020; Myanmar – estimates start after 2015
- The Mekong Region comprises Cambodia, Vietnam, Thailand, Myanmar and Laos. The region's population has been growing at a Compound Annual Growth Rate (CAGR) of 0.8% between 2007-2022. In 2022, the region had a total population of about 246.9 million.
- Cambodia's population has been one of the fastest growing regions overall, achieving a CAGR of 1.0% between 2007-2022. It recorded a population of 16.0 million in 2022.
Gross Domestic Products (GDP) per capita at current prices (USD) in the Mekong Region
| GDP per capita current prices (USD) |
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| Cambodia | 628 | 742 | 737 | 788 | 890 | 965 | 1,035 | 1,123 | 1,203 | 1,320 | 1,448 |
| Vietnam | 1,152 | 1,447 | 1,481 | 1,628 | 1,950 | 2,198 | 2,370 | 2,567 | 2,582 | 2,720 | 2,958 |
| Thailand | 3,974 | 4,373 | 4,208 | 5,074 | 5,494 | 5,863 | 6,169 | 5,952 | 5,838 | 5,995 | 6,596 |
| Myanmar | 371 | 525 | 632 | 775 | 1,089 | 1,182 | 1,210 | 1,244 | 1,224 | 1,164 | 1,177 |
| Laos | 787 | 969 | 1,032 | 1,187 | 1,397 | 1,566 | 1,814 | 1,983 | 2,124 | 2,308 | 2,437 |
| The Mekong Region | 1,788 | 2,067 | 2,053 | 2,405 | 2,738 | 2,970 | 3,142 | 3,168 | 3,140 | 3,236 | 3,516 |
| GDP per capita current prices (USD) |
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Cambodia | 1,588 | 1,736 | 1,644 | 1,680 | 1,785 | 1,896 | 2,019 | 2,156 | 2,308 | 2,463 |
| Vietnam | 3,216 | 3,439 | 3,549 | 3,753 | 4,087 | 4,476 | 4,925 | 5,396 | 5,889 | 6,404 |
| Thailand | 7,296 | 7,812 | 7,171 | 7,227 | 7,651 | 8,182 | 8,781 | 9,290 | 9,814 | 10,363 |
| Myanmar | 1,272 | 1,302 | 1,527 | 1,217 | 1,053 | 1,180 | 1,236 | 1,292 | 1,350 | 1,415 |
| Laos | 2,552 | 2,603 | 2,529 | 2,496 | 2,047 | 1,858 | 1,814 | 1,888 | 1,982 | 2,081 |
| The Mekong Region | 3,849 | 4,097 | 3,992 | 4,018 | 4,225 | 4,556 | 4,919 | 5,270 | 5,636 | 6,018 |
Source: International Monetary Fund (IMF), April 2023
Note: Cambodia and Thailand – estimates start after 2021; Vietnam and Laos – estimates start after 2020; Myanmar – estimates start after 2015
- The income levels of residents in the Mekong Region have improved tremendously with a 15-year (2007-2022) CAGR of 6.7% to USD4,225 GDP per capita in 2022 from as low as USD1,788 GDP per capita in 2007.
- Cambodia especially has demonstrated rising income levels during this period, tripling its GDP per capita from USD628 in 2007 to USD1,785 in 2022. This represents a 15-year (2007-2022) CAGR of 7.2%.
- According to the IMF, income levels of residents in the Mekong Region will continue to increase to USD6,018 GDP per capita by 2027 with a 5-year (2022-2027) CAGR of 7.3%, with Cambodian income levels set to increase to USD2,463 GDP per capita by 2027 with a 5-year (2022-2027) CAGR of 6.7%.
- The steady rise in income will benefit NagaWorld by boosting travel and increasing visitor’s numbers to Cambodia and to NagaWorld.
GDP Growth of the Mekong Region
Source: International Monetary Fund (IMF), April 2023
Note: Cambodia and Thailand – estimates start after 2021; Vietnam – estimates start after 2022; Myanmar and Laos – estimates start after 2020
- GDP growth of the five countries in the Mekong Region has been strong over the past decade. Despite the uncertainty in the global economic environment, the IMF has projected GDP growth in Cambodia to resume in 2023 and 2024 at 5.8% and 6.2% respectively.
- Cambodia has registered a GDP growth of 5.8% on average over the past 15 years (2007-2022), and the IMF projects that the country will resume its growth momentum in 2023 at an average annual growth rate of 6.2% between 2023 and 2027.
Inflation Rate of the Mekong Region
Source: International Monetary Fund (IMF), April 2023
Note: Cambodia, Myanmar and Laos – estimates start after 2021; Vietnam and Thailand – estimates start after 2022
- The inflation rate in the Mekong Region has been quite volatile over the past decade. The IMF expects inflation pressures in most of the region remain relatively stable for all five countries within the Mekong Region.
- Cambodia has registered a manageable average inflation rate of 4.6% over the past 15 years (2007-2022), and the IMF expects its inflation rate remains at an average rate of 3.0% from 2023 to 2027.
Foreign Direct Investments (FDI) of the Mekong Region
| FDI (US million) |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Cambodia | 783 | 892 | 1,557 | 1,275 | 1,727 | 1,701 | 2,476 | 2,788 | 3,213 | 3,663 | 3,625 | 3,483 |
| Vietnam | 8,000 | 7,519 | 8,368 | 8,900 | 9,200 | 11,800 | 12,600 | 14,100 | 15,500 | 16,120 | 15,800 | 15,660 |
| Thailand | 14,747 | 2,474 | 12,899 | 15,936 | 4,975 | 8,928 | 3,486 | 8,285 | 13,752 | 5,519 | (4,951) | 14,641 |
| Myanmar | 2,249 | 2,058 | 1,354 | 2,621 | 946 | 2,824 | 2,989 | 4,002 | 1,610 | 1,730 | 2,206 | 1,005 |
| Laos | 333 | 467 | 294 | 427 | 913 | 1,079 | 1,076 | 1,695 | 1,358 | 756 | 968 | 1,072 |
| The Mekong Region |
26,111 | 13,409 | 24,473 | 29,158 | 17,762 | 26,332 | 22,627 | 30,871 | 35,432 | 27,787 | 17,647 | 35,861 |
Source: Association of Southeast Asian Nations, April 2023
- The Mekong Region has been able to attract a sizeable amount of FDI into the region totalled USD35.9 billion in 2021. Cambodia is ranked third after Vietnam and Thailand.
- FDIs into Cambodia increased by 291% from USD892 million in 2011 to USD3.5 billion in 2021, representing a CAGR of 14.6%.
- The Cambodian Government has been proactive in attracting FDIs and the increase in FDIs will create more job opportunities and increase the overall income level of the country. As at the end of 2022, FDI remained robust with a growth rate of 7.5% or worth US$4.7 billion as compared to 2021. This growth is attributed to investment from China, Japan, Cayman Islands, Thailand and Singapore (Source: Khmer Times, 7 January 2023).
