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Includes historical data for Cambodia’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

In Partnership With

Economy Powered By Tourism, Trade, Foreign Investment

Cambodia’s economy benefits from a dynamic tourism sector, robust garment exports and a youthful population, with almost 50% of the citizens under the age of 20. Over the past decade, the economy has grown on average by over 5%.

The government actively seeks foreign investment, offering incentives such as reduced corporate tax rates and full foreign ownership of companies. Regional integration through agreements such as ASEAN and the Regional Comprehensive Economic Partnership (RCEP) serves as an additional catalyst.

Yet, regulatory transparency concerns and systemic corruption impact investor confidence. Furthermore, despite major investments in public infrastructure, limited transport and logistics capacity, along with unreliable energy supply, continue to impose high costs on businesses and consumers. Other weaknesses include extreme weather vulnerability, dependence on imports of energy and goods, and heavy reliance on Chinese financing.

Cambodia GDP & Economic Overview

Macroeconomy & Sovereign Data

Type of Government Parliamentary constitutional monarchy
Capital Phnom Penh
Sovereign Ratings S&P: Not rated
Moody’s: B2
Fitch: Not rated
Total Population 16.3 million
Median Age 27.1
Adult Per Capita Income (PPP) USD 7,287
Total GDP (2023) USD 33.2 billion

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Banking & Finance

Trade & Investment

Total Exports USD 43 billion (2022)
Leading Exports Refined Petroleum
Flavored Water                                                                      
Total Imports USD 35 billion (2022)
Leading Imports Clothing And Footwear
Trunks And Cases
Rice, Rubber
Light Fixtures                                                                      

Source: World Integrated Trade Solution

Cambodia Leading Companies

Canadia Bank Financials
Acleda Bank Financials
Sokimex Trading Companies & Distributors
CW Group Construction & Engineering
Cambodia Airways Industrials
Angkor Beer Consumer Staples
Phnom Penh Special Economic Zone Real Estate Investment Trusts

Major Trade Partners — Import

China 33.7%
Singapore 17.8%
Thailand 12.1%
Vietnam 11.0%
Switzerland 3.4%

Major Trade Partners — Export

United States 42.6%
China 8.6%
Japan 6.2%
Canada 5.4%
Germany 5.0%

In Partnership With

UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000