Fiscal Balance in Cambodia

Cambodia Fiscal Balance | Economic News & Forecasts

Cambodia - Fiscal Balance

The economy has likely grown rapidly so far this year, supported by fixed investment and tourist inflows. Chinese visitor arrivals reportedly surged in the first five months of the year, while passenger arrivals at Cambodian airports were up 25% year-on-year in May. Moreover, approved construction investment in H1 appeared to surge year-on-year, amid an influx of Chinese capital, and private-sector credit growth was elevated at the outset of the year according to recent Central Bank data. This comes after growth reached a multi-year high in 2018, supported by strong garment exports, tourism and FDI. In other news, in late June the Asian Development Bank approved a USD 60 million loan to boost labor skills, which should support economic competitiveness ahead.

Cambodia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-2.6  -1.6  -1.3  -1.4  -1.1  

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Note: Fiscal balance as % of GDP.

Cambodia Facts

ValueChangeDate
Exchange Rate4,0710.05 %Jul 11

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