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.
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.
Discover additional trends and data on Cambodia’s annual GDP figures, Cambodia’s annual GDP growth rate, Cambodia’s military spending.
