Best answer: What is middle class in Cambodia?

How many middle class are there in Cambodia?

According to this definition, approximately 0.3 million people or 2.3 per cent of the total population of Cambodia were middle class in 2005.

Is Cambodia middle-income?

With falling poverty rates and high economic growth, Cambodia reached lower middle-income status in 2015 and aspires to attain upper middle-income status by 2030. World Bank, “The World Bank in Cambodia”, World Bank, retrieved on 27 July 2020.

What is considered poor in Cambodia?

The government measures the poverty rate (13.5 percent) based on those who earn less than $1.90 a day. So, strictly speaking, one person can be said to be in poverty if they earn $1.89 per day but another not in poverty if they earn $1.91 per day.

Is there a middle class in Cambodia?

In Cambodia, middle-income earners are classed as anyone who earns between $500 and $2,000 a month, which is similar to saying that middle-income earners in the UK make between £1,000 and £4,000 a month.

Is Cambodia rich or poor?

Cambodia – Poverty and wealth

Cambodia is currently one of the poorest countries in the world. Its per-capita income is only US$260. However, if adjusted for purchasing power parity (which takes into account the low prices for goods in Cambodia), its per-capita income jumps rather dramatically to US$1300.

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Is Cambodia low or middle income?

Economic performance had positive statistics telling of an average GDP gwoth of 8.2% between 2000-2010, and 7.4% from 2011-2013. GDP per capita is US$1,215 [2016, MEF] compared to approximately US$200 in1992. As a result, Cambodia’s economic status has now been upgraded as a low Middle Income Country.

What is lower middle income status?

Lower-middle-income economies have per capita GNIs between $1,036 and $4,045, while upper-middle economies have per capita GNIs between $3,046 and $12,535.

What is the highest salary in Cambodia?

The salary range for people working in Cambodia is typically from 1,149,070.00 KHR (minimum salary) to 4,096,016.00 KHR (highest average, actual maximum salary is higher).

Which job has highest salary in Cambodia?

Salary rankings by profession

Job type Median salary (USD) Salary ranking compared to all cities
Human Resources Manager $6,274 259/265
Marketing Manager $6,215 258/265
Sales Manager $6,174 259/265
Mechanical Engineer $6,096 259/265

What is the average monthly income in Cambodia?

Cambodia Monthly Average Household Income: per Capita data was reported at 523.000 KHR th in 2019. This records an increase from the previous number of 464.000 KHR th for 2017.