Cambodia Salary Breakdown 2024 | Economic Growth and Wages

Cambodia is a Southeast Asian nation known for its rich culture and growing economy, which has caught the interest of foreign businesses, investors, and job seekers. The Cambodian job market is diverse, with opportunities in various sectors, particularly within the IT industry. In this article, we will delve into details about Cambodia's salary structure, income expectations, and wages across different professions. We'll also look at the current minimum wage, high-paying jobs in the tech sector, and growth trends for 2024.

Understanding the Average Salary in Cambodia

The average salary in Cambodia varies widely depending on the industry, education level, and experience of workers. As of recent data, the average monthly income for Cambodians working in urban areas, especially in the capital city of Phnom Penh, tends to be higher compared to rural areas.

On average, the monthly salary for employees across various sectors in Cambodia is estimated at around $200 to $400. However, specific sectors, such as tourism, finance, and information technology, may offer wages higher than the national average salary in Cambodia.

Skilled professionals, particularly those in managerial positions or with specialized qualifications, can earn significantly above the median income. This economic landscape underscores a growing demand for qualified professionals as Cambodia's economy expands, impacting the average salary in Cambodia across multiple fields.

Insights on Cambodia Average Income per Person

The Cambodia average income per person reflects the nation's economic growth over recent years, though it remains modest compared to neighboring countries. As of the latest statistics, the annual per capita income in Cambodia is estimated to be around $1,600 to $1,800.

This income level varies significantly between urban and rural populations, with people in cities like Phnom Penh generally earning more than those in rural areas. Factors such as industry, skill level, and education greatly impact the Cambodia average income per person, with those working in professional or skilled positions typically earning more than the national average. 

The average IT salary in Cambodia has been gradually increasing as the technology sector expands and digital transformation gains momentum. Currently, IT professionals in Cambodia can expect to earn between $400 and $1,500 per month, depending on their role, experience, and specific technical skills.

Positions like software developers, network administrators, and IT managers often earn at the higher end of this range, particularly in Phnom Penh, where the demand for skilled tech professionals is highest.

Specialized skills, such as cybersecurity and data science, can command a premium, pushing the average IT salary in Cambodia up in certain fields. As Cambodia continues to develop its technology infrastructure, the demand for skilled IT talent is expected to rise, potentially increasing the average IT salary in Cambodia in the coming years.

Examining the Highest Salary in Cambodia

The highest salary in Cambodia is typically found in specialized industries, executive-level positions, and international companies operating in the country. Senior executives, such as CEOs and directors of multinational corporations, can earn upwards of $5,000 to $10,000 per month, especially in sectors like banking, telecommunications, and real estate. Expatriates and highly skilled professionals, particularly those with expertise in fields like finance, technology, and engineering, often command the highest salary in Cambodia due to their unique skill sets and experience.

Moreover, the top-paying roles are generally concentrated in Phnom Penh, where the corporate and business landscape is most robust. As Cambodia’s economy develops, more competitive salaries are likely to emerge, creating new opportunities for local and foreign professionals to earn some of the highest salaries in Cambodia.

Cambodia Software Engineer Salary

The Cambodia software engineer salary has been steadily increasing as demand for tech talent grows within the country. On average, entry-level software engineers in Cambodia earn between $400 and $800 per month, while those with several years of experience or specialized skills can earn between $1,000 and $2,000 monthly.

The capital, Phnom Penh, offers the most competitive salaries, with some companies offering additional benefits and incentives to attract skilled professionals. Software engineers specializing in high-demand areas like mobile development, cybersecurity, and data analytics tend to earn more than the average Cambodia software engineer salary, especially when working for international firms or startups.

Web Developer Salary in Cambodia

The web developer salary in Cambodia reflects the rising demand for digital skills as businesses increasingly rely on online platforms. Entry-level web developers in Cambodia typically earn between $300 and $600 per month, while those with a few years of experience can expect salaries ranging from $700 to $1,200 monthly.

Skilled professionals with expertise in areas like e-commerce platforms, responsive design, and UX/UI can often secure positions at the higher end of the web developer salary in Cambodia range, especially in cities like Phnom Penh where tech roles are concentrated. 

Exploring IT Manager Salary in Cambodia

The IT manager salary in Cambodia is relatively competitive, reflecting the growing need for skilled professionals to oversee digital infrastructure and strategy. On average, IT managers in Cambodia earn between $1,500 and $3,000 per month, depending on factors like experience, qualifications, and the size of the organization.

Senior IT managers or those working for international companies, especially in Phnom Penh, can command salaries closer to the higher end of this range or even exceed it, particularly if they bring specialized skills in project management, cybersecurity, or cloud technology.

Cambodia Salary per Month

The Cambodia salary per month varies significantly depending on factors like industry, experience, and location. For many entry-level positions in sectors such as retail, hospitality, and manufacturing, monthly salaries range from $150 to $300. However, skilled professionals, especially in fields like finance, information technology, and engineering, can earn considerably higher wages, often between $500 and $2,000 per month.

In Phnom Penh, where living costs and job opportunities are higher, salaries tend to be more competitive compared to rural areas. Specialized roles or managerial positions in multinational companies sometimes exceed the national average, offering promising income potential. As Cambodia’s economy grows and more companies invest in the country, the Cambodia salary per month is likely to see steady growth, improving income opportunities across various sectors.

The Cambodia salary per hour varies widely based on the type of job, skill level, and location. For entry-level or unskilled labor positions, particularly in industries like garment manufacturing, hospitality, and agriculture, the hourly wage typically ranges from $0.75 to $1.50.

Skilled workers, such as technicians, electricians, or those in IT support roles, often earn higher hourly rates, which can be around $2 to $5, especially in urban centers like Phnom Penh where demand for these skills is greater. Professionals offering specialized services or working freelance, like web developers and consultants, may earn considerably more, sometimes reaching $10 to $20 per hour.

Overall, while the Cambodia salary per hour remains relatively low compared to global standards, wages have shown gradual growth in recent years, aligning with the country’s economic development and growing demand for skilled labor.

Cambodia Salary in USD

The Cambodia salary in USD varies widely across different sectors, reflecting the diversity in job roles and levels of expertise. For unskilled or entry-level positions, particularly in manufacturing or retail, monthly wages typically range from $150 to $300 USD. In contrast, skilled professionals and those in specialized fields such as finance, engineering, and technology can expect to earn between $500 and $2,000 USD per month. 

The minimum wage in Cambodia 2024 has been a significant topic of discussion as the government aims to improve living standards for workers. As of 2024, the minimum wage for garment and footwear workers has been set at $200 per month, reflecting a gradual increase aimed at addressing inflation and the rising cost of living.

This adjustment is particularly important for the garment industry, which is a major employer in the country and a vital component of the Cambodian economy. However, labor rights advocates argue that while this increase is a step in the right direction, it may still be insufficient for workers to meet their basic needs.

The minimum wage in Cambodia 2024 is expected to continue evolving as the government, employers, and labor organizations engage in ongoing dialogue to ensure fair compensation for workers while fostering economic growth.

The IT job growth in Cambodia has been remarkable over the past few years, fueled by the rapid digital transformation and increasing reliance on technology across various sectors. As businesses strive to enhance their online presence and improve operational efficiency, the demand for skilled IT professionals has surged. Key areas driving this growth include software development, cybersecurity, data analysis, and digital marketing.

High-Paying IT Jobs in Cambodia

The demand for high-paying IT jobs in Cambodia has surged in recent years, driven by the rapid expansion of the tech industry and digital transformation across various sectors. Professionals in roles such as software developers, data scientists, and cybersecurity experts can command impressive salaries, often ranging from $1,500 to $4,000 per month, depending on their experience and skill set.

Specialized positions, such as cloud architects and IT project managers, frequently offer even higher compensation, reflecting the critical need for expertise in these areas. Additionally, as multinational companies establish operations in Cambodia, they bring competitive salary packages and benefits to attract top talent. The growth of high-paying IT jobs in Cambodia is not only a sign of economic progress but also an opportunity for skilled professionals to advance their careers in a dynamic and evolving job market.

Conclusion

Cambodia's salary landscape reflects a mix of rapid economic development and lingering challenges. While the average salary in the country remains modest by international standards, opportunities in high-paying fields like IT, finance, and executive management offer more competitive compensation for skilled workers.

The growing demand for IT professionals, coupled with an expanding tech sector, highlights Cambodia’s potential for future job growth and higher wages, especially for those with specialized technical skills. As Cambodia continues its development journey, salary levels across various industries are likely to rise, offering more lucrative opportunities to both locals and expatriates.