The Gross Domestic Product (GDP) in Cambodia is expected to contract 3.10 percent in 2020. source: National Institute of Statistics of Cambodia

GDP Annual Growth Rate in Cambodia averaged 7.17 percent from 1994 until 2020, reaching an all time high of 13.30 percent in 2005 and a record low of -3.10 percent in 2020. This page provides - Cambodia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cambodia GDP Annual Growth Rate - values, historical data and charts - was last updated on January of 2022.

GDP Annual Growth Rate in Cambodia is expected to reach 4.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cambodia GDP Annual Growth Rate is projected to trend around 5.00 percent in 2022 and 6.50 percent in 2023, according to our econometric models.

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Cambodia GDP Annual Growth Rate

Cambodia GDP Annual Growth Rate
Cambodia’s economy mostly depends on agriculture. Nevertheless, in recent years the importance of manufacturing has been growing due to establishment of export oriented textile and shoes factories. Cambodia is also taking advantage of fast developing tourism sector. More importantly, oil deposits found beneath Cambodia’s territorial waters and the prospective exploration of mineral resources (bauxite, gold, iron and gems) will likely reshape Cambodia’s economy. Currently, services are the biggest sector in the economy and account for 38 percent of total GDP. The industry sector accounts for 29 percent of GDP, and agriculture has the lowest share of 26 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-3.10 7.10 13.30 -3.10 1994 - 2020 percent Yearly

Related Last Previous Unit Reference
GDP Annual Growth Rate -3.10 7.10 percent Dec/20
GDP From Agriculture 9545.80 9470.00 KHR Billion Dec/20
GDP From Public Administration 585.00 554.00 KHR Billion Dec/19
GDP From Mining 1009.90 830.70 KHR Billion Dec/19
GDP From Manufacturing 13102.00 12287.00 KHR Billion Dec/19
GDP From Construction 6237.50 5252.80 KHR Billion Dec/19
GDP From Utilities 386.40 360.90 KHR Billion Dec/19
GDP From Transport 3802.50 3493.20 KHR Billion Dec/19
Gross Fixed Capital Formation 14019.50 13213.80 KHR Million Dec/18
GDP From Services 20772.50 19457.20 KHR Billion Dec/18