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 (2023).
More about the economy of Cambodia
| Labor force | 9.904 million (2024 est.) |
|---|---|
| Industrial production growth rate | 9.5% (2024 est.) |
| Industries | tourism, garments, construction, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles |
| Population below poverty line | |
| Taxes and other revenues | 12.2% (of GDP) (2023 est.) |
| Fiscal year | |
| Exchange rates | |
| Currency | riels (KHR) per US dollar - |
| Exchange rates 2024 | 4,072.397 (2024 est.) |
| 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.) |
| Debt - external | |
| Debt - external 2023 | $8.019 billion (2023 est.) |
| Reserves of foreign exchange and gold | |
| Reserves of foreign exchange and gold 2024 | $22.506 billion (2024 est.) |
| Reserves of foreign exchange and gold 2023 | $19.984 billion (2023 est.) |
| Reserves of foreign exchange and gold 2022 | $17.801 billion (2022 est.) |
| Current account balance | |
| Current account balance 2024 | $222.108 million (2024 est.) |
| Current account balance 2023 | $552.346 million (2023 est.) |
| Current account balance 2022 | -$7.582 billion (2022 est.) |
| Public debt | |
| Public debt 2023 | 50.3% of GDP (2023 est.) |
| Budget | |
| Revenues | $7.076 billion (2023 est.) |
| Expenditures | $8.285 billion (2023 est.) |
| Budget surplus (+) or deficit (-) | |
| Remittances | |
| Remittances 2024 | 6.1% of GDP (2024 est.) |
| Remittances 2023 | 6.6% of GDP (2023 est.) |
| Remittances 2022 | 6.5% of GDP (2022 est.) |
| Average household expenditures | |
| On food | 40.7% of household expenditures (2023 est.) |
| On alcohol and tobacco | 1.9% of household expenditures (2023 est.) |
| Imports | |
| Imports 2024 | $34.329 billion (2024 est.) |
| Imports 2023 | $29.421 billion (2023 est.) |
| Imports 2022 | $34.759 billion (2022 est.) |
| Imports (partners) | China 39%, Thailand 20%, Vietnam 12%, Singapore 6%, Indonesia 3% (2023) |
| Comodities Imports force | refined petroleum, fabric, gold, plastic products, synthetic fabric (2023) |
| Exports | |
| Imports 2024 | $34.329 billion (2024 est.) |
| Imports 2023 | $29.421 billion (2023 est.) |
| Imports 2022 | $34.759 billion (2022 est.) |
| Exports (partners) | USA 36%, Germany 6%, China 6%, Japan 6%, Thailand 5% (2023) |
| Comodities Exports force | garments, semiconductors, trunks and cases, footwear, gold (2023) |
| Real GDP (purchasing power parity) | |
| Real GDP (purchasing power parity) 2024 | $123.676 billion (2024 est.) |
| Real GDP (purchasing power parity) 2023 | $116.658 billion (2023 est.) |
| Real GDP (purchasing power parity) 2022 | $111.095 billion (2022 est.) |
| GDP (official exchange rate) | $46.353 billion (2024 est.) |
| Real GDP Per capita | |
| Real GDP per capita 2024 | $7,000 (2024 est.) |
| Real GDP per capita 2023 | $6,700 (2023 est.) |
| Real GDP per capita 2022 | $6,500 (2022 est.) |
| GDP - composition, by sector of origin | |
| Agriculture | 16.6% (2024 est.) |
| Industry | 41.8% (2024 est.) |
| Services | 35.6% (2024 est.) |
| GDP - composition, by end use | |
| Household consumption | 59.8% (2024 est.) |
| Government consumption | 5.8% (2024 est.) |
| Investment in fixed capital | 31.6% (2024 est.) |
| Investment in inventories | 0.6% (2024 est.) |
| Exports of goods and services | 71.4% (2024 est.) |
| Imports of goods and services | -72.1% (2024 est.) |
| Unemployment rate | |
| Unemployment rate 2024 | 0.3% (2024 est.) |
| Unemployment rate 2023 | 0.3% (2023 est.) |
| Unemployment rate 2022 | 0.3% (2022 est.) |
| Youth unemployment rate (ages 15-24) | |
| Total | 0.8% (2024 est.) |
| Male | 0.7% (2024 est.) |
| Female | 0.9% (2024 est.) |
All Important Facts about Cambodia
Want to know more about Cambodia? Check all different factbooks for Cambodia below.
