plate 165 · 2025 data

Factories now make more of Cambodia's economy than China's

Manufacturing value added, % of GDP, current prices, 2010–2025, World Bank national accounts data.

Trade and money rewired
  1. 1. Mexico, not China, now sells America the most goods
  2. 2. China's ASEAN trade is now almost double its US trade
  3. 3. Central banks now hold more gold than Treasuries or euros
  4. 4. China now pays the world mostly in yuan
  5. 5. Migrants now send home four times all foreign aid
  6. 6. Tether now holds more US Treasuries than the UAE
  7. 7. Developing countries' interest bill has nearly tripled since 2010
  8. 8. America's duty-free parcels grew almost tenfold in nine years
  9. 9. Poles edge past the Japanese in income per person
  10. 10. In dollars, Nigeria's economy has more than halved since 2014
  11. 11. Argentina's monthly inflation fell from 25.5% to 1.9%
  12. 12. Guyana now produces more per person than America
  13. 13. Mexico's factories now outproduce Britain's and France's
  14. 14. Ukraine received four times the aid of any other country
  15. 15. The UAE sold more goods abroad than France in 2025
  16. 16. Singapore now draws twice as much foreign investment as China
  17. 17. The EU now buys more US gas than Russian gas
  18. 18. Malaysia again sells more to America than to China
  19. 19. 22 governments now owe more than a year's national output
  20. 20. Brazil mines 93% of the world's niobium
  21. 21. More Vietnamese now work in industry than on farms
  22. 22. Money sent home to Guatemala nearly quadrupled in ten years
  23. 23. In purchasing power, Russia's economy is now bigger than Japan's
  24. 24. Indonesia set to use more palm oil than it exports
  25. 25. Factories now make more of Cambodia's economy than China's
29.0%

Share of Cambodia's economy made in factories in 2025, up from 19.7% in 2010.

24.7%

China's share in 2025, down from 31.1% in 2010. Thailand's fell from 30.9% to 23.7%.

4th

Cambodia's rank in 2024 among economies with data, behind only Puerto Rico, Ireland and Eswatini: Asia's factory floor is spreading.

the numbers & method
Factories now make more of Cambodia's economy than China's. Source: World Bank, World Development Indicators: Manufacturing, value added (% of GDP), 2025.
YearCambodia (%)China (%)South Korea (%)Thailand (%)
201019.731.128.130.9
201120.631.629.029.0
201220.931.028.728.0
201321.630.128.927.6
201421.829.828.327.6
201522.528.427.827.4
201622.727.527.527.1
201723.227.628.027.0
201823.627.327.826.7
201924.626.326.425.6
202024.025.625.725.6
202126.726.626.327.2
202227.126.026.527.0
202326.325.025.525.0
202427.824.826.624.2
202529.024.727.423.7

Claim types Fact · Interpretation

Series NV.IND.MANF.ZS 'Manufacturing, value added (% of GDP)', World Bank national accounts data and OECD national accounts data files, current prices. Read from the World Bank API (WDI last updated 8 Oct 2026) on 4 Nov 2026; chart values are the API values to two decimals. Cambodia vs China: 2020 24.00 vs 25.58; 2021 26.65 vs 26.62 (first year above, by 0.03 points); 2022 27.12 vs 25.98; 2025 29.02 vs 24.73. Cambodia passed South Korea in 2021 and Thailand in 2022. 2024 ranking among all economies with 2024 data in the API: Puerto Rico 44.14, Ireland 29.56, Eswatini 29.12, Cambodia 27.81, Korea 26.62, Equatorial Guinea 25.81, Myanmar 25.10, China 24.84; some economies (e.g. Taiwan, not covered by WDI) are missing. The measure is a share of each economy, not the size of its factories: China's manufacturing output is far larger in dollars. 2025 values are the latest national accounts estimates and may be revised.

Published 4 Nov 2026

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