IMF Staff Country Reports

Cambodia: 2023 Article IV Consultation-Press Release; and Staff Report

January 31, 2024

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Cambodia: 2023 Article IV Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2024) accessed December 24, 2024

Summary

Cambodia has experienced rapid growth over the past decade, outpacing many regional peers. Growth was driven by industrialization, increased foreign direct investment, and a surge in exports, particularly in labor-intensive manufacturing. The economy underwent significant structural shifts and has made strides in poverty reduction. However, the COVID-19 pandemic caused significant setbacks and may have left longer-term scarring. The challenges ahead are to sustain inclusive growth, diversify exports, and navigate potential headwinds from China's slowing growth.

Subject: International organization, Monetary policy

Publication Details

  • Pages:

    112

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2024/036

  • Stock No:

    1KHMEA2024001

  • ISBN:

    9798400267727

  • ISSN:

    1934-7685