Countries Cambodia
Cambodia

Cambodia

East and Southeast Asia GEC: CB ISO: KH

Key Economic Indicators

GDP (PPP)
$140.53 billion
GDP Per Capita
$7,967
GDP Growth Rate
5.98%
Inflation Rate
0.81%
Unemployment
0.26%
GDP (Nominal)
$46.353 billion (2024 est.)
Public Debt
50 % of GDP
Current Account
$228.1 million

Economic Overview

one of the fastest growing Southeast Asian economies; rebounding tourism and clothing exports; substantial manufacturing and construction sectors; new trade agreements expanding agricultural markets; significant public debt; investing in new ports and roads

All Economic Data

Agricultural products
cassava, rice, maize, sugarcane, vegetables, oil palm fruit, rubber, bananas, jute, pork (2023)
note: <b>note:</b> top ten agricultural products based on tonnage
Average household expenditures
On alcohol and tobacco: 1.9% of household expenditures (2023 est.)
On food: 40.7% of household expenditures (2023 est.)
Budget
Expenditures: $8.285 billion (2023 est.)
Note: <b>note:</b> central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated
Revenues: $7.076 billion (2023 est.)
Currency
code: KHR, USD
name: Cambodian riel (KHR) [៛], United States dollar (USD) [$]
Current account balance
$228.1 million
Current account balance 2022: -$7.582 billion (2022 est.)
Current account balance 2023: $552.346 million (2023 est.)
Current account balance 2024: $222.108 million (2024 est.)
Note: <b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$20.98 billion
Debt - external 2023: $8.019 billion (2023 est.)
Note: <strong>note:</strong> present value of external debt in current US dollars
Exchange rates
Currency: riels (KHR) per US dollar -
Exchange rates 2020: 4,092.783 (2020 est.)
Exchange rates 2021: 4,098.723 (2021 est.)
Exchange rates 2022: 4,102.038 (2022 est.)
Exchange rates 2023: 4,110.653 (2023 est.)
Exchange rates 2024: 4,072.397 (2024 est.)
Exports
$33.08 billion
Exports 2022: $25.497 billion (2022 est.)
Exports 2023: $27.753 billion (2023 est.)
Exports 2024: $31.712 billion (2024 est.)
Note: <b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
garments, semiconductors, trunks and cases, footwear, gold (2023)
note: <b>note:</b> top five export commodities based on value in dollars
Exports - partners
USA 36%, Germany 6%, China 6%, Japan 6%, Thailand 5% (2023)
note: <b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows: $4.39 billion
GDP - composition, by end use
Exports of goods and services: 71.4% (2024 est.)
Government consumption: 5.8% (2024 est.)
Household consumption: 59.8% (2024 est.)
Imports of goods and services: -72.1% (2024 est.)
Investment in fixed capital: 31.6% (2024 est.)
Investment in inventories: 0.6% (2024 est.)
Note: <b>note:</b> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture: 16.6% (2024 est.)
Industry: 41.8% (2024 est.)
Note: <b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services: 35.6% (2024 est.)
GDP (official exchange rate)
$46.353 billion (2024 est.)
note: <b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$2,628
GNI (gross national income)
$45.99 billion
GNI per capita
$2,550
Gross domestic investment
32 % of GDP
Imports
$33.41 billion
Imports 2022: $34.759 billion (2022 est.)
Imports 2023: $29.421 billion (2023 est.)
Imports 2024: $34.329 billion (2024 est.)
Note: <b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
refined petroleum, fabric, gold, plastic products, synthetic fabric (2023)
note: <b>note:</b> top five import commodities based on value in dollars
Imports - partners
China 39%, Thailand 20%, Vietnam 12%, Singapore 6%, Indonesia 3% (2023)
note: <b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
9.5% (2024 est.)
note: <b>note:</b> annual % change in industrial value added based on constant local currency
Industries
tourism, garments, construction, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles
Inflation rate (consumer prices)
0.81%
Inflation rate (consumer prices) 2021: 2.9% (2021 est.)
Inflation rate (consumer prices) 2022: 5.3% (2022 est.)
Inflation rate (consumer prices) 2023: 2.1% (2023 est.)
Note: <b>note:</b> annual % change based on consumer prices
Labor force
9.904 million (2024 est.)
note: <b>note:</b> number of people ages 15 or older who are employed or seeking work
total: 10.37 million persons
Labor force - by occupation
agriculture: 33.4%
industry: 28.87%
services: 37.72%
Public debt
50 % of GDP
Note: <strong>note:</strong> central government debt as a % of GDP
Public debt 2023: 50.3% of GDP (2023 est.)
Real GDP (purchasing power parity)
$140.53 billion
Note: <b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022: $111.095 billion (2022 est.)
Real GDP (purchasing power parity) 2023: $116.658 billion (2023 est.)
Real GDP (purchasing power parity) 2024: $123.676 billion (2024 est.)
Real GDP growth rate
5.98%
Note: <b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022: 5.1% (2022 est.)
Real GDP growth rate 2023: 5% (2023 est.)
Real GDP growth rate 2024: 6% (2024 est.)
Real GDP per capita
$7,967
Note: <b>note:</b> data in 2021 dollars
Real GDP per capita 2022: $6,500 (2022 est.)
Real GDP per capita 2023: $6,700 (2023 est.)
Real GDP per capita 2024: $7,000 (2024 est.)
Remittances
$2.83 billion
Note: <b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2022: 6.5% of GDP (2022 est.)
Remittances 2023: 6.6% of GDP (2023 est.)
Remittances 2024: 6.1% of GDP (2024 est.)
Reserves of foreign exchange and gold
$22.51 billion
Note: <b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2022: $17.801 billion (2022 est.)
Reserves of foreign exchange and gold 2023: $19.984 billion (2023 est.)
Reserves of foreign exchange and gold 2024: $22.506 billion (2024 est.)
Revenue (excl grants)
14 % of GDP
Tax revenue
12 % of GDP
Taxes and other revenues
12.2% (of GDP) (2023 est.)
note: <b>note:</b> central government tax revenue as a % of GDP
Unemployment rate
0.26%
Note: <b>note:</b> % of labor force seeking employment
Unemployment rate 2022: 0.3% (2022 est.)
Unemployment rate 2023: 0.3% (2023 est.)
Unemployment rate 2024: 0.3% (2024 est.)
Youth unemployment rate (ages 15-24)
Female: 0.9% (2024 est.)
Male: 0.7% (2024 est.)
Note: <b>note:</b> % of labor force ages 15-24 seeking employment
Total: 0.8% (2024 est.)
Map of Cambodia

Economic Rankings

External Debt #47
Reserves #60
GDP Growth Rate #63
Imports #75
Exports #79
GDP (PPP) #90
GDP (Nominal) #96
GDP per Capita #138
Inflation Rate #156
Unemployment Rate #178

Quick Facts

Industries
tourism, garments, construction, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles
Agricultural products
cassava, rice, maize, sugarcane, vegetables, oil palm fruit, rubber, bananas, jute, pork (2023)
Labor force
9.904 million (2024 est.)
Exports - partners
USA 36%, Germany 6%, China 6%, Japan 6%, Thailand 5% (2023)
Imports - partners
China 39%, Thailand 20%, Vietnam 12%, Singapore 6%, Indonesia 3% (2023)
Exchange rates
riels (KHR) per US dollar -

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