Cambodian economy to remain robust in medium term

Phnom Penh – Cambodia’s economy is predicted to stay robust in the short and medium terms despite the uncertainty of preferential tariff system granted to the country by several trading partners, according to Cambodian Minister for Economy and Finance Aun Pornmoniroth.

He said Cambodia’s economy is expected to grow 7.1 percent in 2019, pushing up the nation’s gross domestic product (GDP) to 27.2 billion USD. The GDP per capita is projected to be 1,706 USD next year, a rise of 9.1 percent from the 2018 figure.

The Southeast Asian country’s economy has mainly been driven by garment exports, construction and real estate, tourism and agriculture.

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