Cambodia’s economy is indicating a recovery in gross domestic product (GDP) growth this year and the years that would follow, backed by the manufacturing, tourism, service and agriculture sectors, fresh statistics released by the ministry of economy and finance (MEF) show.
The country’s economy will maintain 6-per cent GDP growth in 2024, climbing to 6.5 per cent in the medium-term from 2025 to 2027, the data forecast.
The ministry’s bullish projection is supported by indicators of a comparative stabilisation of the global economy, which is supporting increased demand for Cambodian exports and reduced import costs.
