Employment in Cambodia Is Projected to Exceed 10 Million in 2025

As Cambodia’s economy is expected to grow at an average annual rate of around 6% between 2024 and 2025, this growth is expected to create many job opportunities in the country’s key sectors, such as services and industry, while employment in agriculture is expected to continue its downward trend.

The Employment Outlook, Skills Demand and Youth Employment report said the employment growth projections were optimistic, with total employment rising from 9.8 million in 2023 to 10.1 million in 2025, particularly in the services and industry sectors.

The report added that projected employment growth in the services sector showed notable momentum and was higher than in agriculture and industry. Employment is projected to grow at an average rate of around % from 2023 to 2025, supported by the accommodation and food services, education, finance and insurance, healthcare, information and communications technology, transport, warehousing and logistics subsectors.

Meanwhile, employment in the industry sector is expected to increase steadily, with an average growth rate of around 2.6% from 2023 to 2025.

According to data from the Council for the Development of Cambodia (CDC), newly approved investment projects (QIPs) have the potential to drive economic growth and create additional job opportunities. The number of investment projects increased by 52.1% in 2023 compared with 2022, and they could generate around 240,000 additional job opportunities in 2024. (The number of additional job opportunities in 2024 is based on the number of investment projects in 2023.)