WHITEFLAG

Sovereign Asset Re-Optimization Portal

Cambodia

KHM

Cambodia: 17.6 million population; lower-middle-income economy. Exports: clothing, footwear, rubber; imports: machinery, mineral fuels, vehicles. Constitutional monarchy under PM Hun Sen. Hun Manet succeeded father (2023). Chinese influence strong (Ream base concerns). #112 Big Mac Index.

Headline valuation

Enterprise value
$339.7B
Scenario range
$143.5B – $347.9B
Confidence
60.0%
Integration scenario
Contested Integration

Balance sheet

Total assets
$423.4B
Total liabilities
$67.2B
Base enterprise value
$356.2B

Creditor concentration

Risk score (0-100)
29.1
Buyer autonomy
high
Creditor HHI
0.3466

Climate & resources

Climate status
CLIMATE_DESPERATE
Water tier
MODERATE
ND-GAIN vulnerability
0.66
ND-GAIN readiness
0.40

Top acquisition targets (Cambodia as buyer)

Computed by SAPA (Sovereign Acquisition Propensity Algorithm). Higher probability = stronger structural fit for Cambodia acquiring this target.

  1. Thailand (THA): probability 0.07, deal value $12.89T, driver: Strategic + Resources + Human_Capital + GDP_Penalty(0.08) + Economic_Size_Block(0.04) + No_Power_Projection + Absurdity_Penalty(4)
  2. Angola (AGO): probability 0.07, deal value $1.09T, driver: Strategic + Resources + Human_Capital + Distance_Intercontinental(10379km) + Economic_Size_Penalty(0.48) + No_Power_Projection + Absurdity_Penalty(5)
  3. Bolivia (BOL): probability 0.07, deal value $793.5B, driver: Strategic + Resources + Human_Capital + Distance_Hemispheric(19009km) + No_Power_Projection + Absurdity_Penalty(4)
  4. Brunei Darussalam (BRN): probability 0.07, deal value $295.3B, driver: Strategic + Resources + No_Power_Projection
  5. Cote d'Ivoire (CIV): probability 0.07, deal value $757.6B, driver: Strategic + Resources + Human_Capital + Distance_Intercontinental(11932km) + No_Power_Projection + Captor_Interest(FRA) + Absurdity_Penalty(4)

About this valuation

This valuation is computed monthly by the WHITEFLAG sovereign asset valuation framework — a five-scenario rigorous model that prices nations as transferable enterprise units. See the full methodology for the formulas and data sources.

Sources: CIA World Factbook, World Bank (population, poverty, economic data), IMF World Economic Outlook (economic classification, trade), The Economist Big Mac Index (PPP comparison), Trading Economics (macroeconomic indicators), Official Government Statistical Agencies

← View Cambodia on the interactive globe