AEIR 2019/2020

Economic growth in 2018 reached 7.3% on a hefty increase in exports, buoyant tourism, and continuing strong FDI inflows. The dollar value of goods and services exports rose from 10.7% in 2017 to an estimated 18.3% in 2018. The value of merchandise exports also expanded by 18.3%, almost double the 9.3% growth in 2017. International tourist arrivals rose by 10.7% as visitors from the People’s Republic of China (PRC) surging 70.0% after a 45.9% increase in 2017. Growth in FDI inflows edged up from 12.6% in 2017 to an estimated 13.0%. Slower growth forecasts for advanced economies and the PRC—major destinations for Cambodia’s exports—will likely soften prospects for both exports and tourism arrivals. GDP growth should moderate to 7.0% in 2019 and 6.8% in 2020.
Source: Asian Development Outlook 2019, ADB.
Latest Month-Ago Year-Ago
Broad Money Growth 1 22.8 (May19)27.0 23.7
Headline Inflation Rate 2 3.1 (Dec19)1.8 1.6
Merchandise Export Growth 2 14.5 (Jan20)14.7 12.4
Exchange Rate Index 3 99.3 (Apr20)99.0 98.9
1 %.
2 y-o-y, %.
3 Monthly average, January 2006 = 100, $/local currency.
Source: CEIC database.

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