Cambodia GDP Annual Growth Rate2021 Data - 2022 Forecast - 1994-2020 Historical

Name: Cambodia GDP Annual Growth Rate
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Keywords: Cambodia,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The Gross Domestic Product (GDP) in Cambodia is expected to contract 3.10 percent in 2020. source: National Institute of Statistics of Cambodia

GDP Annual Growth Rate in Cambodia averaged 7.17 percent from 1994 until 2020, reaching an all time high of 13.30 percent in 2005 and a record low of -3.10 percent in 2020. This page provides - Cambodia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cambodia GDP Annual Growth Rate - values, historical data and charts - was last updated on June of 2022.

GDP Annual Growth Rate in Cambodia is expected to reach 4.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cambodia GDP Annual Growth Rate is projected to trend around 5.00 percent in 2022 and 6.50 percent in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Annual Growth Rate	-3.10	7.10	percent	Dec 2020
GDP From Agriculture	9526.80	9470.00	KHR Billion	Dec 2020
GDP From Services	22796.10	23119.80	KHR Billion	Dec 2020
GDP From Public Administration	585.00	554.00	KHR Billion	Dec 2019
GDP From Mining	1009.90	830.70	KHR Billion	Dec 2019
GDP From Manufacturing	13102.00	12287.00	KHR Billion	Dec 2019
GDP From Construction	6237.50	5252.80	KHR Billion	Dec 2019
GDP From Utilities	386.40	360.90	KHR Billion	Dec 2019
GDP From Transport	3802.50	3493.20	KHR Billion	Dec 2019
Gross Fixed Capital Formation	14019.50	13213.80	KHR Million	Dec 2018

Cambodia GDP Annual Growth Rate

Cambodia’s economy mostly depends on agriculture. Nevertheless, in recent years the importance of manufacturing has been growing due to establishment of export oriented textile and shoes factories. Cambodia is also taking advantage of fast developing tourism sector. More importantly, oil deposits found beneath Cambodia’s territorial waters and the prospective exploration of mineral resources (bauxite, gold, iron and gems) will likely reshape Cambodia’s economy. Currently, services are the biggest sector in the economy and account for 38 percent of total GDP. The industry sector accounts for 29 percent of GDP, and agriculture has the lowest share of 26 percent.