Cambodia was on track to graduate from Least Developed Country (LDC) status by 2029, setting the stage for it to become an upper-middle-income economy by 2030 and potentially a high-income nation by 2050. This ambitious goal followed two decades of sustained economic growth, with the country transitioning from an aid recipient to a regional powerhouse offering assistance to others. Cambodia diversified its exports, expanded manufacturing, and attracted higher-value foreign investment. To continue this progress, the nation is fostering cross-sector partnerships and reskilling its workforce to navigate technological advancements. As Cambodia moves up the value chain and embraces innovation, it solidifies its growing global influence, establishing itself as a significant player on the international stage.
