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Analysis by Region - Emerging Markets - Cambodia

Publisher Oxford Economics
Published Dec 10, 2025
Length 6 Pages
SKU # OFE20650281

Description

We’ve lowered our 2026 GDP growth forecast for Cambodia to 4.3% y/y as the tourism shock from Thai border tensions and softer exports will weigh on activity. Domestic demand should ease, but planned fiscal expansion will cushion the slowdown. Investment growth may be soft given the ongoing real estate slowdown. The non-performing loan ratio is at a record high.

Table of Contents

6 Pages
Cambodia: Bad debt and tourism stress will test growth
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
What to watch out for
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy and politics

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