Cambodia improves in WEF global competitiveness ranking

Cambodia, which has shed its status of ‘Sick man of Asia’ is becoming more competitive economically, and the world is starting to notice it. 

The 2019 Global Competitiveness Report, which was released by the World Economic Forum (WEF) on Oct 8, ranked Cambodia 106th out of 141 countries, a not-so-dismal standing for a country that is still recovering from the effects of a brutal and long-running civil war that only ended in the late 1990s.

Cambodia’s latest ranking is a big jump from last year when it ranked 110th out of 190 countries.

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Jose Rodriguez T. Senase