Phnom Penh (FN), Sep. 18 – Asia's historical economic success has frequently hinged on the demographic dividend created by a youthful population, and this trend is set to benefit Cambodia significantly in the coming years. Positioned for substantial economic transformation, Cambodia stands ready to capitalise on the shifting population dynamics across Asia even as neighbouring countries grapple with the challenges of an ageing populace. By implementing prudent policies—such as comprehensive economic reforms, improved governance, and healthier institutions— Cambodia's economy is poised for robust growth over the next two decades.

From 1970 to 2021, Cambodia's average population age increased from 17 to 27 years. In contrast, Vietnam’s average age only saw a slight increase from 30 to 32 years, while Thailand's median age nearly doubled from 16 to 39 years. South Korea experienced a rise from 17 to 43 years, and the most dramatic shift occurred in Japan, where the median age surged from 28 to 48 years. These figures underscore how countries like South Korea and Japan are grappling with an ageing populace while Cambodia enjoys the benefits of a young workforce.

Read AVI Commentary: “Cambodia's Demographic Shifts: A Path to Economic Growth and Prosperity”
=FRESH NEWS