Fiscal Balance in Cambodia
Cambodia - Fiscal BalanceThe economy is likely growing at a solid pace so far this year. Tourist arrivals rose by 10% year-on-year in Q1, according to recent government data, with Chinese nationals accounting for the vast majority of visitors. This comes after growth reached a multi-year high in 2018, supported by strong garment exports, tourism inflows and FDI. Moreover, the current account deficit widened notably last year, amid rapid import growth linked to the construction and manufacturing sectors. On the political front, Prime Minister Hun Sen recently announced that China had pledged USD 89 million to boost the Cambodian military, and promised unspecified support if the EU removes preferential market treatment for Cambodian exports.
Cambodia - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-2.1||-1.1||-1.6||-1.7||-3.6|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||4,046||0.05 %||May 13|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.