Cambodia's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)

Cambodia’s fiscal trends highlight its development journey, with consistent deficits reflecting significant public investments. The late 1990s and early 2000s saw deficits averaging -5%, as the government prioritized infrastructure and social spending. Improvements in fiscal discipline led to near-balanced budgets by 2007, with a slight surplus of 0.6% in 2008.

The pandemic temporarily disrupted this progress, with the deficit widening to -5.2% in 2021. Recent years have seen a recovery, with projections for 2029 suggesting stabilization around -1.6%, supported by strong economic growth and improved revenue collection efforts.