Current Account in Cambodia

Cambodia Current Account | Economic News & Forecasts

Cambodia - Current Account

Following a likely severe hit in H1 due to the impact of the pandemic and associated restrictions, available data suggests that economic activity remains subdued in H2. The tourism industry, which accounts for more than a quarter of GDP, continues to suffer: Despite a significant increase from July, tourist arrivals were still down 95.9% year-on-year in August. Moreover, both investment projects and construction proposals declined markedly in January–August compared to last year, signaling still-downbeat private sector activity. Meanwhile, on a brighter note, merchandise exports grew robustly in the same period on higher shipments of bicycles, electronics and rice. Lastly, on 23 October, the government approved the draft 2021 budget—valued at around USD 8.1 billion, slightly lower than last year’s original budget—aimed at addressing the harsh impact of the pandemic and supporting the recovery.

Cambodia - Current Account Data

2015   2016   2017   2018   2019  
Current Account (% of GDP)-8.9  -8.6  -8.2  -12.3  -15.8  

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Cambodia Current Account Chart

Cambodia Current Account
Note: Current account balance as % of GDP.
Source: World Bank and FocusEconomics calculations.

Cambodia Facts

Value Change Date
Exchange Rate4,0280.05 %Jan 01

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