Cambodia - Economy
How is the economy of Cambodia? Based on the information we have, Cambodia has a 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. Key agricultural products in this country include: cassava, rice, maize, sugarcane, vegetables, oil palm fruit, rubber, bananas, jute, pork (2022).
More about the economy of Cambodia
| Labor force | 9.175 million (2023 est.) |
|---|---|
| Industrial production growth rate | 4.3% (2023 est.) |
| Industries | tourism, garments, construction, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles |
| Population below poverty line | 16.5% (2016 est.) |
| Taxes and other revenues | 16.36% (of GDP) (2021 est.) |
| Fiscal year | |
| Exchange rates | |
| Currency | riels (KHR) per US dollar - |
| Exchange rates 2023 | 4,110.653 (2023 est.) |
| Exchange rates 2022 | 4,102.038 (2022 est.) |
| Exchange rates 2021 | 4,098.723 (2021 est.) |
| Exchange rates 2020 | 4,092.783 (2020 est.) |
| Exchange rates 2019 | 4,061.149 (2019 est.) |
| Reserves of foreign exchange and gold | |
| Reserves of foreign exchange and gold 2022 | $17.801 billion (2022 est.) |
| Reserves of foreign exchange and gold 2021 | $20.27 billion (2021 est.) |
| Reserves of foreign exchange and gold 2020 | $21.328 billion (2020 est.) |
| Current account balance | |
| Current account balance 2023 | $552.607 million (2023 est.) |
| Current account balance 2022 | -$7.582 billion (2022 est.) |
| Current account balance 2021 | -$10.893 billion (2021 est.) |
| Public debt | |
| Public debt 2017 | 30.4% of GDP (2017 est.) |
| Budget | |
| Revenues | $5.9 billion (2020 est.) |
| Expenditures | $4.666 billion (2020 est.) |
| Budget surplus (+) or deficit (-) | |
| Remittances | |
| Remittances 2023 | 8.81% of GDP (2023 est.) |
| Remittances 2022 | 8.87% of GDP (2022 est.) |
| Remittances 2021 | 9.42% of GDP (2021 est.) |
| Average household expenditures | |
| On food | 41.4% of household expenditures (2022 est.) |
| On alcohol and tobacco | 1.9% of household expenditures (2022 est.) |
| Imports | |
| Imports 2023 | $29.42 billion (2023 est.) |
| Imports 2022 | $34.759 billion (2022 est.) |
| Imports 2021 | $32.816 billion (2021 est.) |
| Imports (partners) | China 30%, Thailand 19%, Singapore 18%, Vietnam 13%, Switzerland 3% (2022) |
| Comodities Imports force | gold, refined petroleum, fabric, plastic products, vehicle parts/accessories (2022) |
| Exports | |
| Imports 2023 | $29.42 billion (2023 est.) |
| Imports 2022 | $34.759 billion (2022 est.) |
| Imports 2021 | $32.816 billion (2021 est.) |
| Exports (partners) | US 36%, Vietnam 10%, Germany 7%, Japan 5%, Canada 5% (2022) |
| Comodities Exports force | garments, trunks and cases, footwear, cassava, shoes (2022) |
| Real GDP (purchasing power parity) | |
| Real GDP (purchasing power parity) 2023 | $85.9 billion (2023 est.) |
| Real GDP (purchasing power parity) 2022 | $81.499 billion (2022 est.) |
| Real GDP (purchasing power parity) 2021 | $77.442 billion (2021 est.) |
| GDP (official exchange rate) | $31.773 billion (2023 est.) |
| Real GDP Per capita | |
| Real GDP per capita 2023 | $5,100 (2023 est.) |
| Real GDP per capita 2022 | $4,900 (2022 est.) |
| Real GDP per capita 2021 | $4,700 (2021 est.) |
| GDP - composition, by sector of origin | |
| Agriculture | 21.5% (2023 est.) |
| Industry | 38.5% (2023 est.) |
| Services | 33.4% (2023 est.) |
| GDP - composition, by end use | |
| Household consumption | 41.8% (2023 est.) |
| Government consumption | 8.1% (2023 est.) |
| Investment in fixed capital | 15.3% (2023 est.) |
| Investment in inventories | 0.7% (2023 est.) |
| Exports of goods and services | 73.1% (2023 est.) |
| Imports of goods and services | -40.4% (2023 est.) |
| Unemployment rate | |
| Unemployment rate 2023 | 0.24% (2023 est.) |
| Unemployment rate 2022 | 0.25% (2022 est.) |
| Unemployment rate 2021 | 0.4% (2021 est.) |
| Youth unemployment rate (ages 15-24) | |
| Total | 0.8% (2023 est.) |
| Male | 0.7% (2023 est.) |
| Female | 0.9% (2023 est.) |
All Important Facts about Cambodia
Want to know more about Cambodia? Check all different factbooks for Cambodia below.
