Cambodia: Economy

Expansion in industry and services sustained solid economic growth in Cambodia in 2015. Inflation slowed to its lowest rate since 2009 but picked up at the end of the year. The outlook is for further robust growth led by garment and footwear manufacturing, construction, and services, and for moderate inflation. Rapid growth in credit and a real estate boom have heightened risks in the financial sector. Another challenge is to improve the quality of employment. Read more from Asian Development Outlook 2016

Forecasts

Southeast Asian Countries 2016 2017
Brunei Darussalam 1.0 2.5
Cambodia 7.0 7.1
Indonesia 5.2 5.5
Lao People’s Dem. Rep. 6.8 7.0
Malaysia 4.2 4.4
Myanmar 8.4 8.3
Philippines 6.0 6.1
Singapore 2.0 2.2
Thailand 3.0 3.5
Viet Nam 6.7 6.5
Average 4.5 4.8
Southeast Asian Countries 2016 2017
Brunei Darussalam 0.2 0.4
Cambodia 2.5 3.0
Indonesia 4.5 4.2
Lao People’s Dem. Rep. 1.8 2.5
Malaysia 2.7 2.5
Myanmar 9.5 8.5
Philippines 2.3 2.7
Singapore -0.6 0.4
Thailand 0.6 2.0
Viet Nam 3.0 4.0
Average 2.6 2.9
Southeast Asian Countries 2016 2017
Brunei Darussalam -1.3 2.0
Cambodia -11.1 -10.0
Indonesia -2.6 -2.8
Lao People’s Dem. Rep. -17.0 -20.0
Malaysia 1.2 2.3
Myanmar -8.3 -7.7
Philippines 2.7 2.8
Singapore 18.8 19.5
Thailand 7.5 4.0
Viet Nam -0.2 0.0
Average 2.8 2.7

Source: Asian Development Outlook 2016