Cambodia
Phnom Penh | May 2015
KHR 3,871 (USD 0.98, EUR 0.90).
This is based on the overall national poverty line released by the Ministry of Planning.
Cambodia uses an absolute poverty line definition. In 2013, the Ministry of Planning (MOP) introduced new poverty lines. The revisions to the poverty lines include (i) a food poverty line based on 2,200 calories per person per day (up from 2,100); (ii) a non-food component that is estimated separately for Phnom Penh, other urban, and rural areas. The poverty line is calculated based on the Cambodia Socioeconomic Survey (CSES) data, the latest being from CSES 2009.
Cambodia’s national poverty incidence rate fell sharply from 47.8% in 2007 to 18.9% in 2012. Key poverty reduction factors include the movement of poor people to be just above the poverty line, rise in rice prices and production, and investments in rural infrastructure. Going forward, it will be challenging to match up to the earlier poverty reduction rates due to the poor’s vulnerability to shocks, low likelihood for future rice price spikes and low education levels.
Note: Latest available standards and exchange rates were taken as of May 2015, when the photography was undertaken.
Understanding More