Cambodia’s economic activity picked up in the first quarter (Q1) this year, driven by a revival of services and goods exports despite subdued domestic demand, according to the World Bank’s Cambodia Economic Update.
Economic growth is expected to improve marginally to 5.8 per cent in 2024, up from 5.6 per cent in 2023, and should further strengthen to 6.1 per cent in 2025 and 6.4 per cent in 2026 as revival in garment, travel goods and footwear exports and tourism propel the ongoing recovery.
