International Reserves in Cambodia
Cambodia - International ReservesFollowing 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 - International Reserves Data
|International Reserves (USD)||6.9||8.4||11.3||13.4||17.0|
5 years of economic forecasts for more than 30 economic indicators.
Cambodia International Reserves Chart
Source: World Bank and FocusEconomics calculations.
|Exchange Rate||4,028||0.05 %||Jan 01|
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