The country’s economy will maintain 6-per cent GDP growth in 2024, climbing to 6.5 per cent in the medium-term from 2025 to 2027, the data forecast.

The ministry’s bullish projection is supported by indicators of a comparative stabilisation of the global economy, which is supporting increased demand for Cambodian exports and reduced import costs.

Cambodia’s real GDP growth is expected to rise to 6.3 per cent in 2025, marking a cumulative GDP of $51.4 billion, and a GDP per capita of $2,924. The ministry has forecast an average rate of 6.6 per cent for 2026-2027.

Non-garment manufacturing has demonstrated considerable momentum in the recent period and this trend is expected to continue, primarily supported by rising external demand and an increasing domestic supply of non-garment production, according to a report in a domestic media outlet.

The garment sector is expected to rebound in the medium term as global demand from key export markets are expected to recover, and this is expected to have a substantial influence on national exports and overall GDP levels.

Another factor that will drive the export markets in future is foreign direct investment (FDI) inflow into the country, especially in areas of both traditional and non-traditional manufacturing industries.

The data shows consumer price index (CPI)-based inflation will rise to 2.7 per cent this year, settling down to 2.5 per cent from 2025 to 2027 as commodity prices stabilise in the global market, reducing costs for domestic consumers.

Fibre2Fashion News Desk (DS)