Young Population in Cambodia
The percentage of the population in Cambodia under the age of 30 is 65.3%. This means that over two-thirds of the country’s population is under the age of 30. This is a significant number, and it has several positive implications for the country.
The Demographic Dividend
The large youth population plays a vital role in boosting Cambodia’s economic growth. Cambodia is currently enjoying a demographic dividend, which means the country has a large number of young people entering the workforce. This increase in labour force has resulted in higher levels of productivity and economic growth. Additionally, the youthful population is more likely to be educated, contributing to Cambodia’s economic growth.
Median age in Cambodia
Reference: Population.un.org
Opportunities for Social and Economic Development
The large youth population in Cambodia presents a unique opportunity for the government to harness the energy and creativity of young people to drive sustainable economic growth and social development. By creating programs and initiatives targeted at young people, Cambodia can unlock their potential for long-term development.
This has also created a vast and agile workforce that can propel the country forward in terms of economic growth and competitiveness, making Cambodia a critical player on the world stage.
