In 2020, Kampuchea'S Salary Rose By 4.2%, Ranking Fourth In The World.

According to the recent 2020 forecast of the substantive salary trend report by the ECA, the first growth in real salary growth is India, with a growth of 5.4%, Vietnam ranks second, growth is 5.1%, Indonesia is third, growth is 4.6%, Kampuchea ranks fourth, and growth is 4.2%.

The report shows that compared with the (2018) year, the salary growth rate of workers in Kampuchea (3.8%) is 3.8%, and the minimum wage in Ming (2020) is up 4.2%. The minimum wage in 2020 will rise from $182 in 2019 to $190 in 2020.

Source: ECA Salary Trends Survey

The government of Kampuchea has recently adopted a series of reform measures to improve the investment environment, improve the friendly relations between the international community, improve the efficiency of official services, facilitate trade facilitation, reduce electricity prices, continue to build infrastructure, improve investment laws, and continue to deepen government sector reform to enhance competitiveness and promote strong economic diversification, especially in the light of long-term development goals, so as to be a middle income high country from low middle income countries to 2030. Kampuchea's per capita GDP increased by 5 times from 2000 to 2018, and the poverty rate has dropped from 53.2% in 2004 to about 10%.