Unemployment Rate Evolution in Cambodia from 1996 to 2021

Cambodia’s unemployment rate has remained exceptionally low, reflecting a high level of informal and subsistence employment rather than formal job opportunities. Notable fluctuations, such as the sharp rise to 7.5% in 2004, often reflect changes in the labor market structure rather than significant job losses. By 2021, unemployment was at a minimal 0.4%, underscoring the challenges in formalizing the workforce, where much of the population remains employed in agriculture and small-scale services.