The job market in Cambodia is evolving rapidly, with more opportunities across various sectors. Whether you're a job seeker or an employer, understanding the average salary in Cambodia is key to making informed decisions. This comprehensive guide will provide insights into the average wage in Cambodia, trends across different industries, and factors that impact salaries in the country.

The Average Salary in Cambodia

As of 2024, the average salary in Cambodia varies depending on the industry, job role, and experience level. On average, salaries range between $300 to $600 per month for entry-level positions, while professionals in specialized fields, such as technology or finance, can earn higher wages. Average wages by industry in Cambodia show that sectors like banking, IT, and management tend to offer the most competitive pay.

Average Wage by Industry in 2024

1. Technology and IT: Salaries in the tech sector are among the highest, with professionals earning between $800 to $2,000 per month, especially for roles in software development, data analysis, and cybersecurity.
2. Finance and Banking: This industry also sees competitive wages, with employees earning an average of $600 to $1,500 per month, depending on their role and experience.
3. Tourism and Hospitality: While this industry is vital to Cambodia’s economy, wages tend to be lower, with average salaries around $250 to $500 per month.
4. Manufacturing: Workers in the manufacturing sector generally earn between $200 to $400 per month, depending on the specific role and level of expertise.

Cambodia Salary Trends in 2024

With steady economic growth and increasing foreign investments, Cambodia’s job market continues to expand. Cambodia salary trends for 2024 show a gradual increase in wages, especially in urban centers like Phnom Penh, Siem Reap, and Sihanoukville. Industries such as technology, construction, and banking are seeing the most significant growth in terms of salary increments and job opportunities.

Minimum Wage in Cambodia

The minimum wage in Cambodia is set primarily for the garment and footwear industry, which remains a key sector for the country. As of 2024, the minimum wage stands at $200 per month for workers in these industries. While the minimum wage ensures a baseline for workers in certain sectors, other industries are not subject to the same regulations, leading to significant variation in pay across the job market.

High-Paying Jobs in Cambodia

Professionals looking for high-paying jobs in Cambodia should focus on industries such as IT, banking, and corporate management. In these sectors, senior professionals and those with specialized skills can expect to earn higher-than-average wages. Roles such as software engineers, data scientists, financial analysts, and corporate executives are among the highest-paid positions, often offering salaries upwards of $2,000 per month.

Salary Expectations in Cambodia for Foreigners

For foreigners working in Cambodia, salary expectations can be higher, especially for expatriates filling specialized roles. Foreign professionals often work in fields like international business, education, and tourism. The average salary in Cambodia for foreigners typically ranges between $1,000 to $5,000 per month, depending on qualifications and job roles.

Cost of Living vs. Average Salary in Cambodia

While understanding the average salary in Cambodia is crucial, it’s also important to consider the cost of living. Cambodia has a relatively low cost of living compared to other Southeast Asian countries, making it an attractive destination for expatriates and foreign businesses. With lower housing and transportation costs, many professionals find that their salaries afford a comfortable lifestyle.

Cambodia Salary Guide for 2024

Here’s a breakdown of average monthly salaries across various sectors for 2024:

IndustryAverage SalaryTechnology (IT)$800 - $2,000Banking & Finance$600 - $1,500Tourism & Hospitality$250 - $500Manufacturing$200 - $400Education$400 - $800This Cambodia salary guide for 2024 offers an overview of the current job market and helps set realistic expectations for both job seekers and employers.